Home rental

The “proptech” companies and the most innovative financial institutions are already offering services that improve the customer experience in the real estate sector.

The agreement reached with Metrovacesa Suelo y Promoción (hereinafter Metrovacesa S.A), in which BBVA holds a stake, represents a significant step forward in the bank’s real estate strategy.  BBVA participated in a non-monetary capital increase, together with the other shareholders, through which the bank will transfer high-potential land holdings intended for housing developments valued at €431 million.

Users of the Catalonia-based platform exchange their homes, a service they can access by invitation only, and in which money is not the important thing. The only requirement is to have a creative home.

• BBVA customers planning to buy or rent a home now have a completely free digital tool that will help them with the decision to buy a home.
• BBVA is offering its customers the possibility of knowing about how much they can afford to pay, and informing them of financing options to purchase a home.
• By entering the name of the city or address of the property in the search tool, the app opens a report on the area or neighborhood where it is located, the number of properties for sale and the average estimated price of the home.
• This represents a step forward in BBVA’s strategy to support customers with their most important concerns, helping them make an informed decision regarding financing options for the home.

BBVA has launched a new solution for all of its customers on the BBVA website free of charge. The digital tool provided by Madiva Soluciones, S.L. gives customers who are considering purchasing a home access to information on the area where it is located, as well as the estimated price and size of the home, in addition to other data. Furthermore, with the information provided in the tool, BBVA offers its customers the option of seeing approximately how much they could afford to pay and provides information on financing options to purchase the home, as well as suggestions to take into account before finalizing the purchase. With this new service, BBVA is expanding the solutions it offers to support and assist customers with their transactions, and in the decision making process regarding options to finance their home.