Carmen Real Estate
Carmen Immobilier is a privately-held French real estate agency network founded in 1991, operating 30 branches across the Pays Basque and southern Landes. It provides buying, selling, rental, and property management services to individual buyers, sellers, landlords, and commercial clients.
- Company typePrivate
- Founded1991
- HeadquartersUrrugne, France
- Headcount101–250
- GTM typeB2C
- OfferingServices
What Carmen Real Estate does
Carmen Immobilier is a privately-held French real estate agency network founded in 1991, headquartered in Urrugne and operating 30 physical branches across the Pays Basque and southern Landes regions. The company provides a full-service residential and commercial real estate offering spanning buying (Achat), selling (Vendre), rental (Location), property management (Gestion Locative), luxury sales (Vente de Prestige), commercial brokerage (Immobilier Pro), and new-construction sales (Programmes Neufs). It serves individual home buyers and sellers, property owners and landlords (including seasonal and annual rentals), and business clients seeking commercial space, with a model built on one dedicated advisor per client and deep local market knowledge accumulated over 35+ years.
The business operates on a traditional sales-led agency model, generating revenue primarily through transaction commissions on property sales and purchases, supplemented by recurring management fees from rental property management and concierge services for seasonal rentals. Technology infrastructure is described as industry-standard property listing and management systems, with no proprietary platform components. Supporting digital channels include a trilingual website (French, English, Spanish), email listing alerts, a rental income estimation tool, a financing/borrowing capacity guide, and a Carmen Magazine print publication distributed to 200,000 households across the region. The company has no disclosed funding rounds, no parent company, no subsidiary structure, and is independently operated.
Carmen Immobilier's customer base is fragmented across individual residential clients with no disclosed enterprise accounts, and its geographic footprint is regionally concentrated rather than nationally scaled. Recent observable moves include the launch of a new-construction program in Bidart, seasonal rental concierge services, and multilingual website expansion, suggesting incremental product and addressable-market broadening within the same regional footprint.
Carmen Real Estate firmographics
Firmographics- Name
- Carmen Real Estate
- Legal name
- Carmen Immobilier
- Website
- https://carmen-immobilier.com
- Company type
- Private
- Founded year
- 1991
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Carmen Immobilier is a privately-held French real estate agency network founded in 1991, operating 30 branches across the Pays Basque and southern Landes. It provides buying, selling, rental, and property management services to individual buyers, sellers, landlords, and commercial clients.
- Ownership category
- akta.pro rank
Carmen Real Estate industry classification
Industry- Product category
- Residential Real Estate Brokerage
- NAICS
- Offices of Real Estate Agents and Brokers (531210), Real Estate Property Managers (53131), Nonresidential Property Managers (531312)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Real Estate (6500)
- akta.pro primary industry
- Hospitality (Hotel) Property Management (BPAJAGAG)
- akta.pro secondary industries
- Multi-Unit STR / Aparthotel Management (BPAJAIAC), Resort & Branded Residence Vacation Rental Management (BPAJAIAE)
Keywords
Where Carmen Real Estate is headquartered
LocationHeadquarters
- HQ city
- Urrugne
- HQ country
- France
- HQ region
- Europe
Offices12 records
Markets served
Carmen Real Estate business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Real Estate Transaction Commissions: Commission-based revenue from property sales and purchases. Agency earns fees upon successful transaction completion. Also generates revenue from rental listings and property management services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Transaction-based commission |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Carmen Real Estate product offering
Product offeringCore offering
Carmen Real Estate (Carmen Immobilier) is a regional French real estate agency operating 30 branches across the Pays Basque and Sud Landes regions, providing brokerage services for buying, selling, and renting residential and commercial properties. The company also offers property management services including annual rental management, seasonal rental concierge services, and mixed rental management for individual landlords. Supporting offerings include luxury property sales, new construction programs, commercial real estate services for businesses, and an eco-designed website with property search and email alert capabilities.
Product overview
Carmen Immobilier is a real estate agency platform offering a comprehensive suite of services for buying, selling, and renting residential and commercial properties across the Pays Basque and Sud Landes regions of France. The company operates 30 agencies and has been serving the market for over 35 years since its founding in 1991. The core offering consists of buying services (Achat), selling services (Vendre), rental services (Location), and property management (Gestion Locative), supplemented by commercial real estate (Immobilier Pro), luxury property sales (Vente de Prestige), and new construction programs (Programmes Neufs). Additional services include a print magazine (Carmen Magazine), email alert notifications for new listings, rental income estimation tools, and financing guides. The platform covers properties across multiple towns in the Basque Country and Landes departments, with dedicated pages for location-specific real estate markets.
Differentiator
Problem solved
Functional benefit
Products and services
- Achat (Buying Services)
- Vendre (Selling Services)
- Location (Rental Services)
- Gestion Locative (Property Management)
- Immobilier Pro (Commercial Real Estate)
- Vente de Prestige (Luxury Properties)
- Programmes Neufs (New Construction)
Companies that use Carmen Real Estate
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
Carmen Real Estate technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Carmen Real Estate partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor.
- DiagamterminorDiagnostic service provider partnership for property diagnostic services required during real estate transactions. Referenced on property listing pages.
- Detec BoisminorConstruction/wood specialist partner featured on property listing pages, particularly for new construction projects in the Landes region.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
Carmen Real Estate competitors and assessment
Company assessmentBroad incumbents
- Square Habitat: Real estate network affiliated with Crédit Agricole, offering transactions and management services. Comparable to Carmen in service mix, with banking parent providing financial services integration that Carmen does not have.
- Laforêt: Established French real estate network offering sales, rentals, and management services. Comparable to Carmen in service mix and branch-based distribution, with a similar premium positioning in select markets.
- Foncia: France's leading property management company, part of the Arche group. Comparable to Carmen's Gestion Locative arm, with broader geographic reach and larger institutional client base.
- Orpi: France's largest real estate agency network with over 1,300 agencies. Directly comparable to Carmen as a multi-branch residential brokerage serving local markets, though Orpi operates nationally with a franchise model and significantly larger brand and marketing budget.
- Century 21 France: Major international real estate franchise with a strong French network. Competes with Carmen in residential transactions, rentals, and property management across France, including the Basque and Landes regions.
Emerging players
- Safti: Hybrid real estate network combining remote advisor productivity with local market coverage. Comparable threat to traditional agencies like Carmen, particularly in the mid-market residential segment.
- IAD (iad): France's largest digital-native real estate network with a no-branch, home-based advisor model. Represents a structurally different but increasingly competitive threat to Carmen's branch-based traditional model, particularly on commission pricing.
- OptimHome: French real estate network using a hybrid independent advisor model. Comparable service offering (sales, rentals, management) with a leaner cost structure than branch-based competitors like Carmen.
Direct peers
- Stéphane Plaza Immobilier: Fast-growing French real estate franchise leveraging celebrity brand recognition. Comparable to Carmen in branch-based residential services, with a stronger national marketing profile and similar local advisor relationships.
- ERA Immobilier: International real estate franchise with a meaningful presence in southwestern France. Closely comparable to Carmen in business model - branch-based residential brokerage with local advisor relationships in regional French markets.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Carmen Real Estate social profiles
Digital presenceCarmen Real Estate compliance and trust
Trust signalCompliance1 record
Carmen Real Estate financial estimates
Financial estimateRevenue estimate
Valuation estimate
Carmen Real Estate leadership team
Management profileNumber of profiles
Carmen Real Estate funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Carmen Real Estate M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Carmen Real Estate
What does Carmen Real Estate do?
Carmen Real Estate (Carmen Immobilier) is a regional French real estate agency operating 30 branches across the Pays Basque and Sud Landes regions, providing brokerage services for buying, selling, and renting residential and commercial properties. The company also offers property management services including annual rental management, seasonal rental concierge services, and mixed rental management for individual landlords. Supporting offerings include luxury property sales, new construction programs, commercial real estate services for businesses, and an eco-designed website with property search and email alert capabilities.
Is Carmen Real Estate a public or private company?
Carmen Real Estate is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Carmen Real Estate founded?
Carmen Real Estate was founded in 1991. It employs 101 to 250 people.
Where is Carmen Real Estate based?
Carmen Real Estate is headquartered in Urrugne, France, in the Europe region.
How does Carmen Real Estate make money?
One revenue line is on record: real Estate Transaction Commissions.
Who are Carmen Real Estate's main competitors?
Broad incumbents on record are Square Habitat, Laforêt, Foncia, Orpi and Century 21 France. Emerging players are Safti, IAD (iad) and OptimHome. Direct peers are Stéphane Plaza Immobilier and ERA Immobilier.
Does Carmen Real Estate have an API?
No public API is recorded for Carmen Real Estate.
What industry is Carmen Real Estate in?
Carmen Real Estate's product category is Residential Real Estate Brokerage. Its primary akta.pro industry code is BPAJAGAG, Hospitality (Hotel) Property Management, with a secondary code of BPAJAIAC, Multi-Unit STR / Aparthotel Management. Its NAICS code is 531210 and its SIC code is 6531.