Heimkapital has successfully completed its seed round, raising a six-figure sum. The financing round was supported by a network of business angels from the real estate and finance sectors. Heimkapital's first product is a partial real estate sale for the 60+ generation.
The Real estate platform Heimkapital wants to enable its customers to sell part of their property for immediate cash payment. Through the partial sale (up to 50 percent), the sellers remain the primary owners and can use existing real estate assets to cover their specific financing needs. With this approach, the startup aims to solve a societal financing problem:
"Many property owners face the question of how to financially secure their retirement after retirement. With Heimkapital, we want to give property owners the flexibility to become financially independent, avoid getting into debt, and continue living in their own property,"
explained Julia Schabert, founder and managing director of Heimkapital.
Liquefying “concrete gold”
According to Heimkapital, the 60+ age group rarely receives large-scale financing from traditional financial institutions, despite their property ownership usually being fully paid off. For many, even major repairs to their own home pose a problem. According to the Munich startup, partial sale is the ideal solution: Property owners liquidate part of their "concrete gold" while retaining flexibility regarding its future use—buyback, full sale, or even inheritance are all possible.
In practice, a partial sale works like this: A prospective couple needs €100,000 to fulfill their long-held dream of buying a vacation home in the south. According to an independent, certified appraiser, the couple's house is valued at €500,000. Heimkapital then purchases exactly the required 20 percent and handles the entire transaction. A few days after the notary appointment, the couple receives €100,000, and Heimkapital is now a silent partner in the property. The couple retains the lifelong usufruct with all associated rights and obligations, and a small monthly fee is charged for the sold portion of the house—under certain conditions, this fee can also be set to zero.
Tailor-made package for every life plan
"Our unique selling point is the flexibility of partial property sales: The customer receives a tailor-made package that meets their individual needs and life plans at all times. Heimkapital sees itself as a long-term partner who provides advice and support even after the partial sale,"
says founder and managing director Dimitrij Miller.
In addition to the usage fee, the startup earns money from a service fee upon completion of the partial sale. This fee is used for service throughout the entire real estate partnership. Heimkapital employees take care of the purchase, all matters during the real estate partnership, and the best possible sale at the end of the partnership.
Expansion of your own product portfolio
The newly raised capital, in the high six-figure range, will be used to develop and establish the partial real estate sale business. Heimkapital will purchase the properties itself, and financing will be arranged with bank partners using a combination of equity and debt. Further real estate financing products are planned for the future.
