Housfy leads growth in Spanish proptech

Spain

3 min read

Sep 14, 2018

By Clara Masip

Photo by Gorodenkoff/Shutterstock.com

The real estate platform helps clients sell their property without the astronomical agency fees

How many properties would you say are sold in Spain every year? At present date, the figure amounts to 500,000, of which 80,000 are new constructions. In charge of selling these houses is a total of 20,000 real estate agencies spread throughout the country. If a simple division is made, it turns out that the average number of property annual sales per agency is 25, a figure that doesn’t add up, leading to an alarmingly unbalanced market sector.
The proptech industry in Spain has tripled in the course of one year, going from 53, to 203 companies in March 2018. These solutions are emerging as...

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Edited by Suzanne Soh

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