Social Impact Initiative

Mundofy recognizes the growing concern surrounding tourism’s impact on local communities, especially the shortage of affordable housing due to the rise of vacation rental platforms like Airbnb and other similar platforms. While this issue requires a multi-faceted solution, Mundofy aims to contribute by buying, renovating, and constructing affordable homes in the areas where it is heavily active.
The company believes this is primarily a governmental issue but acknowledges that regulatory changes can often take time. Mundofy plans to collaborate with local governments to identify suitable locations and engage local contractors for these projects. This initiative aligns with Mundofy’s commitment to social responsibility and its core mission of real estate investment in the Mediterranean region. By addressing critical social issues like affordable housing, Mundofy aims to positively impact the communities where it is a part of.