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Home COUNTRY IBERIA

Barcelona-based habitacion.com raises €400k to allow investors to purchase rooms as an alternative to renting

EU Startupsby EU Startups
February 13, 2024
Reading Time: 2 mins read
in IBERIA, REAL ESTATE, VENTURE CAPITAL
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Habitacion.com, an innovative startup born with the purpose of offering a new way of saving and investing through the purchase of rooms as a smart alternative to renting, has closed a pre-seed funding round worth €400k.

The operation has been led by SeedRocket, the first technology-based startup accelerator created in Spain, and has counted with the participation of the funds LANAI Partners and BeCapital Seed Money. A group of investors belonging to SeedRocket’s business angels network and other relevant figures of the Spanish entrepreneurial ecosystem have also backed the round.

The funds raised will enable habitacion.com to grow its business. The company will allocate half of the capital raised to operational and infrastructure issues, while the other half will go towards validating the business model through the sale of the first rooms.

Founded in 2023 in Madrid by Oriol Valls, Anna Labarias and José Fernández, habitacion.com allows its clients to become owners of a part of the property in an accessible and flexible way. In this sense, the system offers the possibility of selling or renting a room and recovering the investment when the client wishes.

Oriol Valls, co-founder and CEO of habitacion.com, said: “We want to transform the way people save by offering customers to avoid rental costs and save money when buying a room. We are confident that this first financial transaction will allow us to expand our business and achieve our goals. In addition, very relevant figures in the Spanish entrepreneurial ecosystem have backed our project, a fact that reinforces our status and will help us to continue growing”.

Having achieved the first room sales in Terrassa, Barcelona, and validated the business model, the startup plans to carry out multiple real estate operations that will allow it to expand its business to Spanish cities such as Barcelona, Madrid, Valencia, Granada and Alicante. In addition, they are in negotiations with several strategic partners to expand the supply of available rooms. It is estimated that habitacion.com will sell a minimum of 40 rooms by 2024.

Since its inception, the startup has prioritized the guarantee of maximum security and the best benefits for its clients. Room buyers become real owners of part of the asset and are registered in the Land Registry, which gives them the necessary legal security. In addition, buyers agree to a covenant between the parties that safeguards their interests and regulates the cohabitation and use of the property.

The value proposition of habitacion.com lies in the high quality standards of its rooms and the logistical and management facilities that the startup provides to its customers.

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Read the orginal article: https://www.eu-startups.com/2024/02/barcelona-based-habitacion-com-raises-e400k-to-allow-investors-to-purchase-rooms-as-an-alternative-to-renting/

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June 6, 2023

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