Partment

Partment is a proptech platform based in Cairo, Egypt that lets people co-own second homes in vacation destinations such as Egypt's North Coast (Sahel) by purchasing a fractional share of a property rather than buying it outright, alongside a marketplace where travelers can book curated short- and medium-term stays in these properties. The company handles property sourcing, legal structuring of shared ownership, and day-to-day management including digital booking, maintenance, and guest services. Partment was founded in 2022 and closed a pre-seed round of EGP 29.2 million (about USD 1.5 million) in September 2022 from investors including Nclude and Plus Venture Capital (VC+). In 2023 it partnered with consumer-finance provider valU to offer installment financing for co-ownership purchases, and it has since expanded its serviced-apartment offering along Egypt's North Coast.