MyStudentFlat, one of the fastest-growing PropTech Startups in Cyprus and Greece, announces that its crowdfunding campaign through Crowdbase Investment platform has already secured investments of €200,000 within the first two weeks of its launch. The company aims to raise up to €500.000 in its current funding round.
This achievement represents one of the significant examples of fast and efficient capital raising through Crowdfunding in Cyprus, highlighting the strong interest in the organized Student Housing market and in the company’s growth strategy, both from retail and seasoned investors.
The response is even more distinct, considering that MyStudentFlat was established less than a year ago, and already has presence in three cities across two countries: Nicosia, Limassol and Athens.
A Market with Growing Demand
The student housing sector is currently one of the fastest-growing real estate asset classes in Europe. The expansion of University programmes, the internationalization of higher education, and the shortage of quality accommodation near universities continue to drive demand upwards.
MyStudentFlat was created specifically to address this need: to offer students the ability to browse, select, and instantly rent online, fully furnished student flats near the most sought after Universities, through its end-to-end digital platform.
Today, the company manages a portfolio of more than 60 apartments across Cyprus and Greece, while its annualized rental revenues exceed €530,000.
Contributing to the Housing Challenge
Beyond the technological innovation of its platform, MyStudentFlat is making a tangible contribution to increasing the supply of quality housing for students and young professionals. Through partnerships with property developers and investors, the company brings modern apartments to the long-term rental market, helping to increase housing availability at a time when housing affordability and accessibility remain among the most pressing socio-economic challenges both in Cyprus and Greece.
At the same time, MyStudentFlat significantly facilitates the attraction of international students in Cyprus & Greece, by enabling them to secure accommodation before even moving into the country to study. Through a fully digital journey on MyStudentFlat.com , students can select their apartment, sign their tenancy agreement, and complete all required procedures entirely online from wherever they are.
For this reason, the company has already established partnerships with universities in both Cyprus and Greece, serving as a Strategic student-housing partner to these institutions.
MyStudentFlat’s Crowdfunding campaign through Crowdbase is live for a limited period, offering potential investors from across the European Union the opportunity to participate in the company’s next phase of growth.
Eligible investors from the EU can access the full pitch deck, financial model, and Key Investment Information Sheet through the Campaign page.
About Crowdbase
Crowdbase is a crowdfunding service provider authorised and regulated by the Cyprus Securities and Exchange Commission (licence number CSP 1/23) under the European Crowdfunding Service Providers Regulation (ECSPR).
Investing in financial instruments carries risk, and you may lose part or all of your invested capital. Ensure you understand the risks before investing.
