L
a Rosa Holdings Corp. (NASDAQ: LRHC), a real estate and PropTech company, has made significant progress in its international expansion strategy following successful participation in SIMA Madrid and the International Real Estate Congress in Málaga. The Company has established a subsidiary to act as a representative office in Madrid, marking the first step in developing its La Rosa Realty España brand.
La Rosa has entered into a Letter of Intent with Keyla Torres Velasquez, a veteran real estate professional in Spain, to convert her two independently owned offices in Valencia and the Canary Islands into La Rosa-branded locations. This move is part of the Company's expansion roadmap, which aims to tap into Spain's strong real estate sector.
According to Global Property Guide, average home prices in Spain have increased by approximately 11% year-over-year as of Q1 2025, with regions like Valencia and the Canary Islands seeing double-digit growth. Joe La Rosa, CEO of La Rosa, commented on the Company's recent presence at Spain's leading real estate events, stating that it has opened doors to meaningful opportunities.
La Rosa Realty's innovative model offers agents access to a powerful combination of technology, training, and revenue share, built on a strong community culture. The Company believes its expansion into Spain reflects its mission to empower real estate professionals globally, providing them with tools for success while maintaining full ownership and flexibility.
The conversion of Ms. Torres Velasquez's offices into La Rosa-branded locations is subject to the execution of a definitive agreement and other related transaction documents by the parties, corporate approvals, and customary closing conditions. There can be no assurances that the conversion will be consummated.
La Rosa Holdings Corp. is transforming the real estate industry with its flexible compensation options, including a revenue-sharing model or a fee-based structure with 100% commission. Powered by its proprietary technology platform, La Rosa aims to equip agents and franchisees with the tools they need to deliver exceptional service. The Company operates 26 corporate-owned brokerage offices across Florida, California, Texas, Georgia, North Carolina, and Puerto Rico.
La Rosa Holdings also recently started its expansion into Europe, beginning with Spain, and has six franchised offices and branches and three affiliated brokerage locations in the U.S. and Puerto Rico. The Company operates a full-service escrow settlement and title company in Florida.
