Aparta runs a co‑ownership platform that buys a fractional share of a home from a seller or contributes a share toward a buyer’s purchase, allowing the resident to retain full occupancy while receiving capital or financing support. Homeowners can unlock equity without taking on debt or selling the entire property, and buyers can reduce their upfront cash requirement to enter the market sooner. Aparta charges a one‑time establishment fee and a usage fee payable only when the co‑ownership ends, with no ongoing monthly payments.
Funding
Funding not disclosed
Founders
Product
Problem
Homeowners often lack flexible options to unlock equity without taking on additional debt or selling their entire property, while prospective buyers may struggle to afford a full down payment and enter the housing market quickly.
Solution
Aparta operates a co‑ownership platform that either purchases a share of an existing home from a homeowner or contributes a share toward a buyer’s purchase. In both cases Aparta becomes a professional co‑owner, allowing the homeowner or buyer to retain full use of the property while receiving capital or financing support. The homeowner can use the proceeds to reduce mortgage debt, fund other investments, or buy out other co‑owners, and can later repurchase Aparta’s share or sell the home. Buyers gain a reduced upfront cash requirement, enabling earlier entry into homeownership and the ability to upgrade to a larger property. Aparta charges a one‑time establishment fee and a usage fee that is only payable when the co‑ownership ends, with no ongoing monthly payments.
Target Audience
Homeowners seeking to unlock home equity for debt reduction, investment, or co‑owner buy‑out, and first‑time or move‑up buyers who need reduced upfront financing to purchase a home.
Features
- Purchase of a fractional share in residential properties, creating a professional co‑ownership structure while the resident retains full occupancy
- Flexible equity release for sellers, allowing cash extraction without additional loans or full property sale
- Co‑financing for buyers, providing a contribution toward purchase price to lower required down payment
- Simple, non‑binding inquiry process with online estimate, offer, and contract signing
- No ongoing monthly payments; usage fee is settled at the end of the co‑ownership term (up to 10 years)
- Option for homeowners to buy back Aparta’s share or sell the entire property at any time within the agreement period
- Transparent fee structure with establishment fee and usage fee disclosed upfront