Tiko is a Spanish company in the Proptech sector founded in mid-2017 in Madrid. Its business model, which has already been successfully tested in other European cities, is based on applying technology to the real estate sector.
Passion has brought us here. We come from different places and have different experiences and backgrounds. We were lucky to meet each other and start the adventure of our lives: our passion is to change an industry as obsolete and inefficient as the real estate sector.
Tiko is a direct home buyer. Therefore, you do not have to wait to find a buyer: you already have it! Thanks to the use of its technology, Tiko calculates the market price of your home instantly and, after an inspection of your home, makes you an immediate purchase offer. However, if our offer does not match what you are looking for, we can also help you find the best buyer for your home.
Our purpose is to allow you to sell your home in the most comfortable, fast and simple way possible . We are working in more and more provinces of Spain and Portugal and we only have certain requirements, in case Tiko is the one who buys your home, which we present below.
Tiko is headquartered in Madrid , the province where it started in 2017 and where 20% of the transactions that are carried out already pass through its hands. Likewise, Tiko also operates in other important regions such as Barcelona, Malaga, Seville, Valencia, Vizcaya, Zaragoza, Lisbon, Porto and Setúbal.
No. In the event that Tiko is the direct buyer of the homes, there are no intermediaries and, therefore, no commissions at any time in the process.
Request an offer for my flat
In some cases, the information you have provided us about your home may not be sufficient or we may have doubts about it. If this happens, instead of showing you the market price of your home, we will first contact you by phone to verify that information and schedule a visit to see your home and be able to offer you the solution that best suits you.
Obtaining your free and immediate offer for your apartment is very simple. Go to our form and complete it with the details of the home you want to sell. Our advanced technology compares the characteristics of your home with the millions of data we have on the real estate market and in a few seconds it will show you the market value of your home.
No, with Tiko you will not have to pay anything to receive a competitive offer for your house . You only have to complete our form to sell a house with the information of your apartment and in one business day we will contact you to schedule a visit. In this way we can send you a more precise offer or offer you a solution that best suits your needs.
From the moment you receive the final offer in your email, you have five calendar days to accept it. At Tiko we offer you the possibility of accepting your offer without having to print it , you can do it all online! You just have to follow the instructions.
With the data you provide us about your apartment, we use our own valuation algorithm or Automated Valuation Model (called Tikoanalytics ™). This analyzes the characteristics of your house, and compares it with houses similar to yours that are currently for sale or have recently been sold. Every day millions of data are analyzed so that the information is fully updated.
With Tiko you can sell your apartment without making any reforms. We can buy the house regardless of the state it is in , whether it is renovated or not.
When we calculate the market value of your home, we assume it's in good repair. However, we ask that you share the details of the reform with us when our team contacts you. Any improvements you've made to your home will likely factor into the offer.
yes . You can sell your apartment with Tiko whether you currently have a mortgage or an inheritance. If you have a mortgage, we will advise you on how you can cancel it and correct the debt that remains to be paid with the sale of the home. It will be necessary to request a zero debt certificate from the bank to be able to sell the house and present it together with other documentation in the Property Registry to formalize the cancellation. Our legal department will guide you through all the steps and help you with all the paperwork.
At Tiko we directly buy vacant homes, but we maintain collaborations to help you sell your home even if it is not currently empty.
What happens after the offer
Selling your apartment with Tiko is very comfortable and fast. Our process is based on three simple steps: inspection, offer and sale.
Yes, at Tiko we want selling a flat to stop being stressful and time consuming. Therefore, we are not only fast when it comes to buying a home, we also make the process very simple for you.
Tiko has the necessary funds to pay for your apartment in cash and formalize the sale in just one week. But if for some reason our clients need more time to move, for example, we adapt to their availability. We can sign a deposit contract of up to two months.
Buy a flat from Tiko
Yes. Cryptocurrencies are an increasingly common form of payment in different sectors and as a leading technology company in digital transformation, we could not stay out of this trend. In order to satisfy the needs of our clients, at Tiko we have become the first iBuyer with which it is possible to buy a house with cryptocurrencies .
No, at Tiko we do not charge commissions. Normally we are the owners of the houses , so the transaction is carried out just as it would be done when it comes to buying flats from individuals without commissions .
Tiko has established various agreements with collaborators so that they advise our clients on the different financing possibilities they have when buying a house.
If after contacting our team and making a visit, a client is interested in one of our available flats, they have two options. First of all, you can make an offer through our website. To do this you must make a deposit payment of €1,000. We will evaluate the offer and our team will contact him to explain the next steps. If the offer is rejected, we will refund the €1,000.
If you are a real estate investor and you are interested in one or more of our apartments for sale, you can write to us at [email protected] or call us at 900 83 84 42 during office hours and our team will answer your questions and inform you of the advantages for investors.
Find my best mortgage
To establish how you are going to repay a mortgage loan , banks take into account several criteria: what job do you have, what is your contract, if you have a certain seniority, what is your salary, if you already had other debts, how old are you, what are your savings...
When a mortgage is granted, you are committing to repay the money that the bank has lent you to buy your house along with interest over several years . Those interests that you are going to pay within the monthly installment can be fixed, that is, you will always pay the same percentage of the purchase price of the home, or variable and that change from time to time depending on the Euribor normally. Depending on your circumstances and the risk you want to assume , you should choose one type of mortgage or another.
There are several banks that can grant 100% of the price of the house or even more to cover other expenses of the purchase. The percentage of credit that they grant you will depend on how likely it is that you can return that money in the corresponding years, according to the entity.
The best mortgage is the one in which the bank can finance you as much as possible of the price of the house to be returned in the longest possible time frame and with the minimum interest , whether it is a fixed rate or a variable rate.
real estate agents
No, at Tiko we do not charge commissions in any case , not even in collaboration with agents. Our agreement will be the same as when we buy a home from an individual: we make a free and objective offer for the home , and the selling party (agent and owner) assess whether they wish to accept it.
Currently, Tiko operates in certain areas and has certain criteria for the purchase of a property. Below we present the requirements to be able to sell a home with Tiko.