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Growth · June 21, 2022

Vendue Tech

Bloomberg for distressed real-estate

Vendue Tech launched on June 21, 2022 with 57 votes, #809 of 3,005 launches that month and more than 50% of that year's launches. The site was still online in September 2026, 4 years on.

What it does

Vendue Tech is building a discovery and co-investment platform for distressed and undervalued real estate.

Access to all the auction data from country of choice via API or a SaaS platform . I purchased an apartment with a sea view on auction for 600€/m2. After investing additional 200€/m2, I was able to sell it for 2,000€/m2 two years after winning an auction. Thus, making the ROI of 250%. I participated in an auction for an underground garage of 30m2, where I was the only bidder. I managed to win it for 50% market rate, and had the keys and full ownership less than 2 months after auction ended. I participated in auctions for 4 apartments on a beautiful island in Croatia,where nominal market rate is at least 2,000€/m2. These were the results: 45m2 apartment 1,608€/m2;…from venduetech.com

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