NOVA ET VETERA develops a technology platform that coordinates the renovation process by efficiently managing craftsmen and sourcing materials, transforming older apartments into modern, affordable homes. The company addresses the shortage of renovated housing in the Czech Republic by completing over 100 apartment renovations annually, ensuring high-quality standards and contemporary design.
Funding
Funding not disclosed
Founders
Product
Problem
Many older apartments in the Czech Republic do not meet contemporary living standards, lacking modern amenities and efficient layouts. The renovation process can be complex and fragmented, requiring homeowners to coordinate multiple contractors and manage material sourcing, leading to delays and inconsistent quality. This shortage of renovated, affordable housing options limits choices for potential buyers and renters.
Solution
NOVA ET VETERA addresses the gap in the Czech real estate market by acquiring and renovating older apartments, transforming them into modern, affordable homes. The company streamlines the renovation process through efficient project management, coordinating skilled craftsmen and sourcing quality materials. By focusing on contemporary design and high-quality standards, NOVA ET VETERA delivers renovated apartments that offer a sustainable alternative to new construction. Their approach provides a cost-effective solution for individuals and families seeking modern living spaces without the premium price tag of newly built properties.
Target Audience
The primary target audience includes individuals, young families, and investors seeking modern, affordable apartments in the Czech Republic, particularly those who value quality renovations and contemporary design.
Features
- End-to-end project management of apartment renovations, ensuring quality control and timely completion
- In-house team of skilled craftsmen covering all aspects of the renovation process
- Sourcing of modern, high-quality materials to meet contemporary design standards
- Focus on creating functional layouts and energy-efficient living spaces
- Option for buyers to customize the final design of their apartment during the renovation phase
- Renovation standards include new electrical wiring, plumbing, flooring, and modern kitchens