Finnish start-up buys Polish apartments
16:01
The Finnish start-up Kodit.io rotates apartments for a maximum of 3 months and they are interested in real estate in Warsaw and only in hot locations such as Śródmieście, Mokotów, Bielany, and Wola at a price not exceeding PLN 2 million, Puls Biznesu daily reads.
Kodit.io specializes in the iBuying model, quickly buying and selling apartments. For now, they operate only in Warsaw, but plan to develop, but only after 1.5 years. After purchasing the apartment, the company organizes a quick renovation.
“We work permanently with contractors, thanks to whom we can refresh or thorough renovate the apartment in a month. The whole process from buying to selling an apartment takes us a maximum of about 90 days,” Tomasz Gorzycki, managing director of Kodit.io in Poland, said.
The Polish SonarHome start-up is already operating in a similar formula on our market.
