Piece is a fintech platform that offers fractional ownership of rental real‑estate, allowing investors to purchase shares of properties from as little as €10. The service curates and manages the underlying assets, handles tenant acquisition, and distributes monthly rental income to shareholders while also providing exposure to long‑term property appreciation. Piece generates revenue through transaction fees and a percentage of the rental yields it collects on behalf of investors.
Funding
$709.6K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many individuals lack the capital or desire to manage entire rental properties, limiting their access to the real estate market and its potential for passive income and long-term appreciation. Traditional real estate investment often requires significant upfront investment and ongoing management responsibilities.
Solution
Piece provides a platform for fractional real estate investment, enabling users to purchase shares in pre-rented properties with investments starting from €10. This model allows individuals to diversify their investment portfolios and benefit from monthly rental income and potential long-term property appreciation without the burdens of property management. Piece selects properties, finds tenants, and manages the properties on behalf of the investors. Investors can monitor their investments and request distribution of accrued dividends quarterly.
Target Audience
Piece targets individuals seeking to diversify their investment portfolios with real estate, particularly those with limited capital or those who prefer a passive, hands-off investment approach.
Features
- Fractional ownership of pre-rented properties starting from €10
- Monthly rental income distributed quarterly after certification by an external accountant
- Diversification across multiple real estate assets
- Property selection, tenant management, and maintenance handled by Piece
- Online platform to browse properties, invest, and track performance
- Withholding tax applied to distributable cash, simplifying tax declaration
- Minimum holding period of 12 months before selling shares