Idealista Launches Investment Calculator Tool

November 13, 2023
Share this Post: 

Idealista has launched a paid-for investment calculator tool that shows investors the best housing investment opportunities in any neighbourhood in Spain.

The new tool, Oportunidades de Inversión (Investment Opportunities), offers a wide range of features for real estate investors to understand better opportunities based on price, potential yield, profitability, rental demand and yield, discounted properties, and a complete list of property features.

It also has an in-built investment calculator that calculates gross and net profitability, cash flow, ROI and return on equity depending on modifiable investment parameters users input.

According to Idealista's website, the new service operates as a monthly subscription starting at €34.90. Investors can sign up at a 40% discount until the end of the year.

Francisco Iñareta, a spokesperson for Idealista, said:

"Innovation and technological development are part of our commitment to users and clients. And it is in this spirit that this new tool was created, which allows investors of all sizes to make the best decisions based on the real-time data generated by Idealista/data.

This is an essential starting point for conducting feasibility studies and understanding the costs, returns and risks involved."

Meanwhile, Idealista launched an AI-boosted listing-enhancement tool that lets listing customers use generative AI to write real estate listings. It is the first of its kind in Spain and is already widely available to agents after its public launch on 3 November.

Madrid-based Idealista is the market leader in Spain and Portugal, with further presence in Italy. The portal has raised in excess of $500M over five rounds and was sold to EQT Partners for €1.3Bn in September 2020. The company recorded revenues of circa €120M in 2022.

November 13, 2023
Harvey is an experienced property journalist and copywriter. He has written about the property industry since 2015, starting at The Property Franchise Group in the UK, before moving to Spain to work for Spotahome. He has blogged for the private rented sector, ghostwritten for UK property experts and written case studies for franchise owners around the UK. Harvey joined Online Marketplaces as a News Editor in 2022.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Funda Boardroom
General Atlantic Bids For Minority Stake in Dutch Market Leader Funda

The American private equity fund General Atlantic has made a bid to become a minority shareholder in the market-leading Dutch...

Read More
Rea Group Sydney Houses
REA Group Q1 2024: Revenues Up 12% Year-on-Year Despite Financial Services Performance Drop

Australia-based portal operator REA Group has released its Q1 results for the 2024 financial year. Highlights include: Revenue hits A$217M...

Read More
Beike Construction 2
KE Holdings Grows Adjacent Revenue Streams as New Homes GTV Slows in Q3

The Chinese brokerage and real estate marketplace operator KE Holdings saw revenue shoot up in its adjacent business segments as...

Read More
Summer Funding Round
Second Home Ownership Startup Summer Raises $68M

Go Summer—a U.S.-based second home ownership platform—has raised a Series A funding round worth $18M and secured a further $50M...

Read More

Editor's Pick