Bechester Enters Portugal to Meet Growing Demand for Flexible Housing

Spanish proptech company Bechester, specialising in integrated furniture solutions, has announced its entry into the Portuguese market. 

This expansion comes at a crucial time. European cities face a housing crisis and a rising demand for flexible housing options, including coliving, cohousing, senior living, and Build-To-Rent (BTR) solutions.

The housing shortage in Portugal is undeniable. Despite a 25% drop in house sales in 2023, prices have risen by over 10%, according to a study by Berkshire Hathaway HomeServices. This disparity between supply and demand and a growing interest in flexible housing solutions presents a unique market opportunity.

By increasing supply and supporting the transition to more adaptable living spaces, Bechester enables large property owners and developers to maximise the potential of their assets.

Ignacio Posadas, co-founder of Bechester, comments

The European property market is transforming. The pressures of the housing crisis and the demand for flexible spaces require fast and effective solutions. Our entry into Portugal is a strategic step in our European growth.

A Comprehensive Solution for an Evolving Market

Bechester provides an efficient, integrated solution for furnishing residential real estate assets, offering a complete service from design proposal to final installation. Purchase or rental options are available in a single instalment; no deposit is required. Everything is consolidated into a single invoice and contact point.

Speed is key: Bechester optimises each process stage using advanced technology and real-time tracking tools, reducing the time from initial request to occupancy to three weeks without compromising quality.

Since 2021, the company has completed over 3,500 projects across Southern Europe, catering to a diverse clientele that includes large property owners and flex living operators. France already accounts for 35% of its total revenue.

Growth and Internationalisation Plans

With its expansion into Portugal, Bechester continues its ambitious European growth strategy. In parallel, the company is exploring new business lines to enhance its service offering, positioning itself as a leader in furnishing and flexible living solutions, and adapting to the evolving needs of the real estate market.