The Greek proptech turning property transactions into something closer to online banking - simple, contactless, transparent, and now backed by a bank.
For decades, buying property in Greece meant paper files, phone calls, half-answered questions and a heavy dose of trust. Listings lived in shop windows and word-of-mouth. Prices were opinions. Paperwork was a maze that few outside the trade could navigate without a guide - and sometimes a lawyer, a notary and a great deal of patience.
Prosperty was built to answer a plain question: what if a property transaction felt like online banking? Founded in Athens in 2020 by Antonis Markopoulos, Antonis Despotakis and Nikos Patsiogiannis, the company set out to digitize the whole journey - not just the listing, but the valuation, the legal and technical checks, the mortgage, and the final transfer of ownership.
The result is a hybrid: part digital marketplace, part tech-enabled agency, part service provider to the banks and investors who hold large slices of Greek real estate. The company calls its aim the "complete digitalization of the real estate market." In practice, that means a buyer can inspect a home by drone video and virtual tour, check its documents, arrange financing, and move toward a contract without the process disappearing into a filing cabinet.
"This investment enables us to accelerate innovation, enhance our technological infrastructure, and expand operations internationally."
That line, from co-founder and CEO Antonis Markopoulos, followed the company's April 2025 Series A - a €5.5 million round led by Eurobank, one of Greece's largest banks. The detail that raised eyebrows was not the size of the cheque but its source: Eurobank acquired a 25% stake in Prosperty RE Ltd, an unusual move for a traditional bank in a traditional market.
It was a signal. Banks in Greece carry large portfolios of owned property - the residue of a long debt crisis - and moving that inventory efficiently is a real business problem. Eurobank agreed to promote hundreds of its owned properties on the platform, with a stated goal of listing more than 2,000. When a bank buys a quarter of a proptech startup, it is betting the future of property sales is digital.
One platform for buying, selling, renting and managing property - with verified listings, professional presentation, legal and technical checks, mortgage support and digital transfer, rather than a listings page alone.
Individuals buying, selling or renting across Greece and Cyprus, and institutional clients - banks, asset managers, developers and family offices - who need to manage and move large real-estate portfolios.
Slow processes, missing data and thin transparency defined the market. Prosperty's answer is verified information, remote inspection and a digital paper trail from first click to final signature.
Prosperty bundles the pieces of a transaction that usually sit with separate agents, lawyers and banks into a single, coordinated flow.
Verified listings, drone tours, professional presentation, legal and technical inspection, and digital property transfer.
Landlord and tenant services with qualified-tenant matching, digital documentation and guaranteed-income options.
Online mortgage pre-approval and financing woven into the transaction, not bolted on afterward.
REO/NPL servicing and digital promotion tools for banks, investors, asset managers and developers.
Property valuation, marketability reports, demand insights and market-trend analysis for the Greek market.
A luxury division and digital auction access, plus insurance, notary and comprehensive legal support.
Prosperty earns transaction and brokerage fees on sales and rentals, service fees for legal, technical and mortgage facilitation, and B2B revenue from institutional clients who pay to manage and digitally promote their property portfolios. The blend gives it both consumer reach and enterprise depth.
The order of operations is telling. Rather than chasing consumer scale first, Prosperty built relationships with the majority of Greek banks and their REO/NPL servicers early - a supply of property and a source of trust that a pure classifieds site cannot easily replicate.
"Our partnerships with leading institutional players are the foundation of our growth."
Nikos Patsiogiannis, Co-founder & COO
Where classifieds portals such as Spitogatos and XE.gr compete on listings, Prosperty competes on the whole transaction - and on being the institution-backed party that banks and investors trust to move real inventory.
Roughly €14.7M raised across three rounds, with each step widening the investor base - and the ambition.
Investors: Eurobank • Velocity.Partners • Metavallon • BigPi Ventures • angels
The concept for a fully digital Greek real estate service is conceived in December.
A founding team forms in Marousi and presents a working prototype to investors by September.
Raises €1.1M pre-seed in March - a week before lockdown - and launches in July with 10 listings.
Closes a €3.3M seed round with existing backers, BigPi Ventures and angel investors.
Ranked among Southern Europe's 50 fastest-growing startups and #1 in proptech.
Raises €5.5M; Eurobank takes a 25% stake and begins listing bank-owned properties.
"Prosperty revolutionises the way real estate works - making the selling, buying and renting of property simple, contactless, transparent and efficient for all."
- The Prosperty Mission
20+ years across business and finance; formerly VP of Business Development at Intralot and EVP at the Hellenic Development Bank. Ph.D. from NTUA.
Leads technology strategy and product development, building the platform that turns a paper process into a digital one.
15+ years in technology strategy and innovation; oversees partnerships, operations and customer service.
See the platform and hear from the team on Prosperty's official channel.