Excited to welcome Max Okunev to 404 Capital as Investment & Technology Consultant!
Max will be focused on building out an AI toolkit to analyse the Spanish PBSA market — supporting our investment strategy as we continue to develop our presence in Spain.
At 404, we want to be at the forefront of real estate investment — and harnessing the latest AI tools is a big part of how we're building that edge.
Welcome, Max! 👋🤘
A national provision rate of 8% is the headline 0. The returns are in the gaps between the national average and the specific district-level conditions that drive PBSA economics. This is part of 404 Capital’s series on Spanish PBSA. In our first piece we set out the national thesis
🔴 Platform & Operations ⚙️ * April marks our fourth full month of operations. Core infrastructure is firmly in place — the focus this month has been on advancing our Spain strategy and progressing key operational workstreams. * We refreshed our website (check it out: 404capital.io) in line with our evolving strategy — reflecting our
Why Spain sits near the top of institutional PBSA allocations going into 2026 — and what the numbers actually say. This is the first piece in a 404 Capital series on Spanish PBSA. In subsequent posts, we will cover the regulatory structure that distinguishes Spanish PBSA from residential rental, Spanish cities’
🔴 Platform & Operations ⚙️ * We continue building out our technological processes and managing our regulatory requirements in the UK. * Pleased to welcome a talented graduate for a work shadowing placement in our London office in the last week of March. 🏗️ Investments & Execution 🏢 * Reviewed 19 opportunities across the UK and Spain
