Partment, a real estate technology startup specializing in shared home ownership, has announced its expansion into the Greek market, Invest-Gate reports.

This move showcases Partment’s dedication to introducing the latest innovations in real estate technology and comes after a successful first year in the Egyptian market.

Entering the Greek market reflects Partment’s ongoing commitment to expanding investment opportunities, advancing real estate technology, and attracting foreign investors to the Egyptian real estate market. Currently, 15% of Partment’s owners are foreigners or expatriates.

Partment offers a unique “Invest and Own” vision, providing a platform that allows individuals to plan their real estate investments based on their financial capabilities, requirements, and aspirations. This disrupts the traditional model of property ownership. Through Partment, owners can purchase carefully designed and professionally managed portions of properties. They are then allocated a specific number of nights for personal use or rental, with the process managed by Partment’s software.

The platform includes a smart reservation system that determines who can use the property and when. Owners also enjoy various benefits, including access to comprehensive real estate property management solutions, and can achieve profitable returns when they decide to sell their investments.

Nadim Nagui, CEO of Partment, commented on the expansion, stating that entering the Greek market is a significant milestone for the company. It aligns with their global vision of enhancing individuals’ prosperity by providing sustainable access to investment opportunities or coastal housing. Partment aims to make real estate investments more accessible to everyone in terms of cost, offering unique and easily accessible investment opportunities to create modern and diversified investment portfolios.