Kraken Immo is a French digital platform that helps homebuyers plan and manage property purchase and renovation projects by estimating budgets, simulating credit, and calculating investment returns. The platform provides detailed cost breakdowns, renovation work estimates, and connects users with competent contractors, enabling informed decisions throughout the entire process.
Funding
Funding not disclosed
Founders
Product
Problem
Homebuyers often struggle to accurately estimate the total cost of a property purchase combined with necessary renovations, leading to budget overruns and financial strain. Without proper tools to simulate credit options, calculate debt ratios, and plan renovation work, buyers lack visibility into the true financial commitment and potential return on their investment.
Solution
Kraken Immo provides an integrated platform that guides users through the complete real estate journey, from budget estimation to renovation planning. The platform enables users to visualize all associated costs, simulate mortgage payments and debt ratios, and estimate investment returns in a single interface. For renovation projects, Kraken Immo offers precise budget estimates for various work categories and connects users with qualified contractors. The platform also provides personalized support throughout the process, helping users negotiate with evidence-based cost breakdowns and maintain control over their project's financial trajectory.
Target Audience
Primary users are French homebuyers and property investors seeking to purchase and renovate residential properties, particularly those who need comprehensive financial planning and renovation project management support.
Features
- Comprehensive budget visualization showing purchase price, credit fees, notary fees, renovation costs, and loan amounts
- Mortgage simulation tool calculating monthly payments and debt-to-income ratios
- Investment return calculator estimating rental yield and capital appreciation
- Detailed renovation cost estimation across nine categories including roofing, flooring, heating, ventilation, electrical, and kitchen
- Contractor matching service to connect users with competent professionals
- Personalized guidance and support throughout the purchase and renovation process
- Newsletter with real estate and renovation advice for ongoing education