Paris, May 31, 2022 – CASAFARI, Europe’s leading real estate data network, announces that it has entered into a partnership with the leading real estate investment company, MASTEOS. The objective is to facilitate the process of investors in their rental investment projects by providing a targeted database of properties in the European market, in real time.
Digitalization of the real estate market for rental investment
Facilitating the daily life of real estate professionals in order to meet the increasingly demanding needs of investors, is the spearhead of the partnership between CASAFARI and Masteos.
CASAFARI, proptech propelled in Lisbon in 2018 and installed in several European countries, provides professionals with an unprecedented real estate database, offering an exhaustive vision of the market. With the help of nearly 300 collaborators, CASAFARI lists on a single platform, all the real estate market information available online, whether from agencies or private owners, eliminating duplication; thus providing professionals with a complete and up-to-date representation of the market. With CASAFARI’s expertise, the real estate professional can advise the buyer with precision and clarity, adding real value to his mission. “We have an ultra-relevant product at a time of massive digitalization, a strong knowledge of the real estate environment, and the sinews of the new war: data”, explains Maxime Hueber, Vice-President of CASAFARI.
It is this exceptional real estate database that seduced MASTEOS. A French start-up founded in 2019 in Paris and with 360 employees including 60 freelancers in France, Belgium and Spain, MASTEOS offers individuals the opportunity to build up rental assets by simplifying and centralizing the stages of investment: online brokerage, notary support, optimized taxation, rental management, furnishing…
“Data is at the heart of our growth. It allows us to validate our intuitions and find the ideal property for each investor. Especially since the buyer in real estate takes a big risk, especially in rental investment, because it involves large amounts that commit a lifetime.”Thierry Vignal, president and co-founder of MASTEOS
“MASTEOS, like CASAFARI, has the will to revolutionize the real estate ecosystem. Together, we are building the bridges to a clear and prosperous market.Maxime Hueber, Vice-President of CASAFARI
An alliance to accelerate their conquest of the European real estate market
Present in France, Italy, Portugal, and Spain, CASAFARI intends to continue its expansion on the European market. The real estate platform now supports more than 30,000 professional partners, employing 250 employees from 24 different nationalities, and is expected to strengthen with a recruitment of 50 new profiles launched at the beginning of the year.
In July 2021, CASAFARI received a $115 million (100,650,000€) mandate to build a portfolio of residential and commercial real estate from institutional investors. At the same time, a Series A financing round enabled CASAFARI to raise $20 million (17.5 million €): 15 from a pool of investors gathered around the venture capital fund Prudence Holdings, and 5 from a subsidiary of Starwood Capital Group, which arrived in November 2021. For its part, Masteos announced the same year a 15 million € fundraising to strengthen the turnkey aspect of its solution and deploy in Europe.
A partnership to be followed closely.
Launched in January 2019, Masteos, is a proptech specialized in turnkey rental investment. Present in more than 20 French cities, Masteos boasts the lowest rates on the market – 5% including tax on the investment and rental management, the start-up accompanies investors from A to Z, from the choice of their investment, to renovation and rental management.
By combining the power of data and its local networks to find the best opportunities, Masteos intends to dust off the rental investment market and offer the best possible investor experience, all via an app.
Since January 2022, Masteos has also been supporting investors in Brussels, Barcelona, Valencia and Madrid, and plans to expand its service to new European cities by the end of the year.
CASAFARI, Europe’s leading independent cross-border real estate network, connects more than 30,000 real estate professionals through innovative collaboration tools and a real estate database of more than 154 million listings from over 20,000 different sources, covering all asset classes in France, Spain, Italy and Portugal. CASAFARI has also developed customized applications such as metasearch services, comparative market analysis, market indicators and daily news feeds. The company has unique machine learning and database management technology to index, clean, rank, and smooth duplicate listings of millions of real estate listings from thousands of websites in different languages. Since its launch in 2018, CASAFARI has won over major clients including Sotheby’s International Realty, Coldwell Banker, RE/MAX franchises, Savills, Fine & Country, Engel & Voelkers, Keller Williams as well as major institutional investors or developers such as Stoneweg, Kronos, Vanguard and Vic Properties.
Today, CASAFARI continues to expand in Europe with the integration of Starwood Capital Group’s strategic investment of $20 million to expand into the German and English markets.