Real Estate Agency Investment Opportunity in Istanbul, Turkey

Pre-revenue startup offering a VR / AR web platform for real estate virtual tours.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Locations
Local Time
5:40 PM Turkey
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 130 thousand for 10.0% stake (Native Currency: TRY 890,000)
Reason: The funds will be used to hire 4 personnel. A part of the funds will be used to complete the develop... View More
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Pre-revenue startup offering a VR / AR web platform for real estate virtual tours.

- The MVP has been completed and we are in the process of building the commercial product and mobile applications for both Android and iOS.

- This is expected to be complete and ready for commercial launch in 6 months time.

- Our platform allows real estate agents to create virtual tours of the properties and list them on our website or on other real estate portals.

- We intend to monetize by charging a monthly / annual subscription fee in addition to charging a small fee per listing.

- We are currently speaking with Turkey's largest real estate portal which has over 1 million listings, in order to offer our services to them.

- Our office is located in a classified technology development zone and we are exempt from corporate tax and our R&D personnel is exempt from income tax.

- Since our platform is considered a software product we are exempt from paying VAT in our country.

- Our founding team consists of a Software Engineer, a Mechanical Engineer, and a Professional Sales Executive.

- We also intend to design and build a hardware device which we intend to file a patent for. The details of this will be shared after signing a NDA.

Products & Services Overview

VR / AR web platform for real estate listings and virtual tours.

Facilities Overview
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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