- Partment expands its real estate offering with “Partment Stays,” a platform for professionally managed short-term rentals across Egypt.
- The service handles everything landlords need, from furnishing and pricing to housekeeping, turning idle homes into hassle-free income streams.
- With Egypt targeting 30 million tourists by 2028, Partment aims to contribute to the country’s growing short-stay accommodation gap.
From co-owned vacation homes to full-stack short-stay rentals, Egypt’s proptech player, Partment, is scaling up and fast.
Partment
Partment made waves with its take on second-home ownership. Now it’s eyeing short-term rentals with its latest launch: Partment Stays.
The platform, now live across Egypt, turns underutilized homes into professionally managed short-stay rentals. For landlords, it’s a hands-off solution,
Partment handles everything from furnishing and pricing to housekeeping and guest check-ins. For guests, it offers stylish, quality-controlled homes with instant booking and a consistent, hassle-free experience.
The process is made even easier through their website where homeowners can easily list their properties.
The timing is not random. “With thousands of homes sitting vacant or rented informally, and Egypt facing a projected shortfall of 250,000 rooms to meet its ambitious target of 30 million tourists by 2028, Partment Stays comes at a crucial moment for the market to solve two major problems: it unlocks reliable income for property owners and delivers consistent, affordable stays for the new generation of travelers,” said Nadim Nagui, Co-Founder and CEO of Partment.
Partment is building on their track record of managing co-owned properties since 2022.
Short-Term Rentals
Same Market New Play It is a natural evolution for the startup, which first gained traction by pioneering a fractional ownership model for second homes. Partment has already seen fivefold growth in Egypt over the past year. Now, it is widening its scope, offering its tech and operations stack to individual landlords and institutional partners across the country.
Now, it is expanding its real estate toolkit, offering property management services to individual landlords and institutional players alike. The goal: make real estate work smarter, not just for holiday homeowners, but for Egypt’s broader accommodation market.
Why does this matter? “Thousands of homes across Egypt sit idle or are rented informally,” said Abdelrahman ElMazny Partment’s Strategy Director. “We saw a chance to not just optimize these assets, but to help solve Egypt’s room shortage in the process.”
What is next? Backed by its recent fivefold growth and growing interest from real estate investors, Partment plans to expand its short-stay operations nationwide, and eventually beyond Egypt’s borders.
The company’s longer-term goal? To become the infrastructure foundation for short-term stays in emerging markets where supply is fragmented, but demand is heating up.
Bottom line: As Egypt’s tourism economy accelerates, Partment is positioning itself not just as a proptech innovator, but as a key enabler of smarter travel infrastructure in the region.
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