Legria
ChileProptech
Legria is a Chilean proptech startup that enables individuals to buy fractional ownership of second homes or vacation properties, addressing the problem that vacation homes are vacant 88% of the year and require a high upfront investment. The company structures each property into eight equal fractions, with each 1/8 share granting the owner six weeks of annual usage, including one week in high season, through an equitable scheduling system. Customers are individuals seeking affordable access to vacation homes, and the startup operates primarily in Chile with plans for international expansion via alliances. As of 2024, Legria has 23 properties in its portfolio, raised a $3 million investment (and a $4 million seed round), and aims to double its operations by 2025.
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Key people
- Ignacio del Río Founder and CEO
- Pedro Mir Founder