How Egyptian prop-tech startup Partment enables hassle-free 2nd home ownership
- Partment offers users the chance to part-invest in meticulously curated properties, enabling personalised and diversified real estate portfolios.
- Through fractional ownership, co-owners access a set number of nights for personal use or rentals, managed by Partment’s Smart Booking System.
- Partment closed a pre-seed round of US$1.5 million in September 2022 and established a partnership with ValU, a prominent financing solution in the region.
Partment's co-ownership platform addresses the challenges of second-home ownership by providing a more accessible and efficient solution. The startup's success in raising funding and expanding internationally demonstrates the market's positive response to their innovative approach. With the potential for further growth and expansion, Partment has the opportunity to disrupt the real estate investment industry.
