The number of proptechs in Spain falls for the first time in 2024

In the past two years, around 90 startups have disappeared, 48 of them in 2023 alone. We analyze the causes, challenges, and opportunities for the real estate sector.
real estate sector

In the past two years, around 90 startups have disappeared, 48 of them in 2023 alone. We analyze the causes, challenges, and opportunities for the real estate sector.

The decrease in supply, combined with high demand, has been a key factor in the appreciation of this area, which is becoming more expensive at a faster rate than the rest of Madrid.

The average price of new homes will rise by 3.8% this year, according to Sociedad de Tasación, marking a new high.

The national proptech sector currently represents 11% of the total European tech companies specializing in real estate.

In many parts of the world, property prices have skyrocketed, making homeownership an unattainable dream for many. This phenomenon is not isolated and affects both major cities and suburbs. But what is behind this widespread rise in property prices? This…

Home sales in Spain increased by 24% year-on-year in April, but prices continue to rise. Second-hand housing has already surpassed the 2007 record.

This startup aims to improve the very traditional business of property management. It currently serves 2,500 owners but aims to close 2024 with 10,000.

Housing prices in the coming months will continue to be influenced by the evolution of inflation, interest rates, and the economic situation.

With an average IRR of 14.5% and an inflation rate of 3%, €10,000 invested in Urbanitae would become €28,800 after 10 years.

According to CBRE, our country is the third largest destination for real estate investment in Europe and the eighth in the world.