Brazilian unicorn QuintoAndar starts registration of properties in North region
RIO DE JANEIRO, BRAZIL – Although QuintoAndar, one of Brazil’s largest real estate platforms, began operations in the North region earlier this month, the company has now publicly announced, on Monday, July 19, that property owners can register their apartments and houses on the platform.
This is a phased entry in the cities of Belém and Manaus. After the registration phase, in August access will be released so that tenants can search, schedule visits, and rent properties.
QuintoAndar is a Brazilian technology startup focused on real estate rentals and sales, founded in early 2013. It is among the ten largest unicorns in Latin America with a strong brand and is expanding rapidly
Reaching the North region is part of QuintoAndar’s most recent investment after a US$300 million capital injection on May 28. At the time, the startup that became a unicorn had informed that the amount would be allocated “to boost its leadership and growth in the segments of rental and purchase and sale of residential properties in Brazil, as well as initiate its international expansion, starting in Mexico.”
Founded by entrepreneurs André Penha and Gabriel Braga, QuintoAndar operates a digital platform for the rental and sale of properties via digital and facilitated contracts.
Waiving the need for a guarantor on the part of the tenant, the production of quality photos to present the properties, and the scheduling of online visits have become differentials of the company.
QuintoAndar also offers protection to the owner of the property that he will receive the rent
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