Startup name: Casavo
Registered Office: Italia, Milano
Established in: 1/01/2013
Startup Category: Proptech
Financing round: yes
(Over 1M)
Working prototype: yes
Competitions/Prizes won: no

Founders: Giorgio Tinacci, Simon Kai Specka


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Casavo acts as a tech-enabled market maker within the residential Real Estate market in Italy. It offers hassle-free and quick transactions by acquiring properties directly and therefore cutting the sale time.

Casavo provides online, real-time evaluations and purchase offers in 24 hours to sellers, allowing them to sell within 30 days, after a maximum of 2 home visits.

The service is free, but an (average) 8% discount is applied to the purchase offers as compared to the market price.

Once acquired by Casavo, the properties are renovated/fractioned and sold again in the shortest time possible.

Casavo works both with RE agencies and private sellers.

Italians have to deal with the most complicated real estate market among European countries, with an average time of 7,5 months to complete a sale and an average 12,5% gap between asking price and selling price.