The housing lottery is becoming an increasingly common practice in Europe, although in Spain we still find it strange to hear about the house lottery and above all it generates some concern. However, in our country this type of raffle has been regulated since 2011 by the Ministry of Finance and the Directorate General for the Regulation of Gambling, responsible for thoroughly analyzing each property before authorizing the raffle. Unlike other countries, the supervision of these bodies guarantees the buyer the maximum legal guarantees, the execution of the raffle and the delivery of the home.
The Spaniards Manuel Gonzalvez and Pablo Carballo are the founders of the Sesortea technology company that aims to popularize the house raffle in Spain. This platform allows homeowners, whether individuals or companies, get around their houses with all the technical and legal guarantees. Manuel, CEO, has more than seven years of experience in managing operations and business development, and Pablo, CTO and full stack developer, has more than 10 years of experience in this field. Both have raised capital worth 320,000 euros in two previous financing rounds, and are immersed in a third. In addition, they have a solid and multidisciplinary team, which ranges from user service to legal advice, through graphic design, content editing, SEO / SEM and digital marketing.
For your first draw, which will take place before a notary on March 25, 2021, You can now buy shares of 5 euros and are also available packs that include additional numbers and discounts to increase the chances of being awarded. Sesortea also has a recommendation program that allows users to obtain discounts and additional shares for free. And on the occasion of the Christmas campaign, the platform has implemented the functionality of giving numbers, either directly or through the functionality of giving numbers directly to family or friends. The person who receives the number will only have to register on the platform and you will automatically enter the raffle.
The house being raffled is located in Vera Playa, Almería, located just a few minutes from the beach. It has all the comforts to enjoy a family vacation or as a couple, with two bedrooms, two terraces, swimming pool and garage. The property is located in a private urbanization, just a few minutes walk from shops, restaurants and outdoor leisure activities.
Administrative expenses covered
The numbers can be purchased online from anywhere in the world through the company’s website with the only requirement of being of legal age. The buyer must register on the platform and request the number of shares they want with a maximum of 1,000 per person. The sale will be open until March 23, 2021, the date on which the number sale process will be closed. Unlike other platforms that make it possible to carry out real estate raffles, Sesortea guarantees the winner to cover most of the taxes derived from a housing transfer operation. It assumes the administrative expenses (notary, registration, etc.) up to a total of € 5,000 and the entire Patrimonial Transfer Tax (TPO) that varies according to the autonomous community in which the property is located.
Finally, and in relation to the capital increase in the winner’s personal income tax, Sesortea covers the winner up to a total of € 20,000. Due to the size of the raffle organized by the company (125,800 entries), participants will be more likely to win than with other traditional lottery models, such as the Quiniela, the Primitiva, the Bonoloto, the ONCE Cuponazo or Euromillions.