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Despite having started the operation in the North region at the beginning of the month, the fifth floor released this Monday, 19, that property owners register the apartments and houses on the platform.
It is a step-by-step entry into the cities of Belém and Manaus. After the registration phase, access will be released in August so that tenants can search, schedule visits and rent the property.
Arriving in the North region is part of QuintoAndar’s latest onslaught after an investment of US$ 300 million made on May 28th. At the time, the startup that became a unicorn had informed that the amount would be earmarked “to drive its leadership and growth in the rental and purchase and sale of residential properties in Brazil, as well as begin its international expansion, starting with Mexico”.
Founded in 2013 by entrepreneurs André Penha and Gabriel Braga, QuintoAndar operates with a digital platform for the rental and sale of properties via digital and facilitated contracts.
Relinquishing the need for a guarantor on the part of the tenant, the production of quality photos to present the properties, the scheduling of visits online, became the company’s differentials.
QuintoAndar also offers protection for the property owner that he will receive the rent on time even if the tenant is late in payment, in addition to coverage of up to R$ 50 thousand in case of material damage at the end of the contract.