A young person on an average salary can no longer buy a home.
House prices vs. wages, indexed to 2015 = 100
House prices +180% Average wage +59%
0
average take-home pay, per month
0
a normal 2-bed home in Lisbon
0
mortgage per month, for 40 years
A €1,000 mortgage on €1,200 of take-home pay, locked in for 40 years. The math simply doesn't work, so homes stop circulating.
Sources: Eurostat (Q4 2025), INE, idealista. Prices rose about 4x faster than incomes.
Why it happens
Three things keep the market frozen.
🏗️ Too few homes
Construction hasn't kept pace with demand for years. Supply is scarce, so every listing gets bid up.
🏢 Agencies take 5%, and lock the market
A 5% commission (that's €17,500 on a €350k home) is baked into every price, and exclusivity contracts pull homes off the open market and inflate asking prices.
📑 Endless bureaucracy
CPCV, notary, financing: a slow, paperwork-heavy process that stalls every deal and scares buyers off.
Less supply, higher fees, more friction. Nothing moves.
Our answer, explorador.pt
Tinder for your next home, the first AI-native agency.
Swipe homes across Portugal, then let the AI take over. On a match, the agent reaches both the buyer and the seller, qualifies them, answers questions, books the visit and drives the whole sale to close, automatically. 0% commission.
Your AI agent works every channel
WhatsApp Phone call SMS
0
buyers in 2 months
€0
on marketing
Live app
So we picked up a camera
We filmed bold lowball offers to homeowners. People couldn't stop watching.
Growth across platforms, last 90 days
Views Followers Likes
TikTok
Reels
0
organic views
0
new followers
0
likes
0
views on X
0
upvotes on Reddit
Portugal's biggest real estate marketplace sued us.
We took it as proof we're a threat to the old model. We didn't stop.
What we built to speed the market up
If you already own a home, you're blocked.
You need the sinal today
To sign for the new home you owe 10 to 20% right now. But all your money is locked in the home you haven't sold yet.
The bank is too slow
Bridge loans exist, but they're slow, buried in paperwork and often approved too late. So the deal dies.
The whole chain freezes
One stuck seller blocks every buyer behind them. Homes stop circulating, and that's what keeps the market jammed.
So we built explorador Bridge: turn the home you're selling into spendable liquidity, in minutes.
The solution, explorador Bridge
Collateralize the home you're selling. Draw the sinal today.
01
Sign in
Email login gives you a Sui wallet via Privy. No seed phrase.
02
Documents + AI
Upload the caderneta. Claude reads the tax article, VPT and owner.
03
Prove human
World ID confirms a unique person resident in Portugal.
04
Tokenize
House minted as HOUSE coins, supply pegged to its VPT in euros.
05
Draw eUSD
Lock collateral, an AI agent pays out our eUSD stablecoin in one tx.
06
Repay
When the old home sells, repay and the collateral unlocks on-chain.
Documents encrypted on Walrus, their hash anchored on Sui. Every step is a real, verifiable transaction.
Live on Sui testnet
explorador Bridge
Demo time.
Tokenize the house, draw the sinal in eUSD, repay and release the collateral. Every step a real transaction on Sui.
Live on Sui testnetethglobal.explorador.pt
exploradorbridge
Thank you.
Try it live. Scan the code, or open it in your browser.
