Bulgaria has over 110 PropTech solutions along all 5 stages of the PropTech lifecycle. Romania reports to have over 100 PropTech companies that originate in the country. Czech Republic announces 50 PropTech startup and scaleup companies, and Slovakia stands out with 117 tech solutions in Construction and Real Estate. Thus, the SEE region contributes with over 370 PropTech solutions (exclusive of Greece where official numbers on PropTech don’t exist).
We daresay that the whole SEE region is represented on the world PropTech map by these 5 countries which are both the first-movers, and the drivers in this geographical area.
However, it is typical for countries to be highly specialized, and we are curious to know how each of these countries stands out in the PropTech sector.
We have to exclude Greece, though there are some remarkable PropTech solutions there, because there is not any national body to represent and officially to report on PropTech in the country. Let us first turn our focus to Bulgaria.
What does make Bulgaria stand out as a PropTech country?