AISTAY: A next-generation AI-empowered platform for the real estate

Description: AISTATE is the next-generation AI-empowered platform for the real estate sector. Despite the rapid digitalisation of the real-estate market, existing property platforms remain largely fragmented, search-driven and limited in their ability to support informed decision-making. Users typically navigate extensive listings through predefined filters, while recommendations often provide limited personalisation and insufficient integration of the diverse factors that influence a property decision. Research has also identified persistent gaps in multimodal and geospatial data integration within real-estate recommendation systems, while automated valuation models can face limitations related to data availability, unique properties and limited transparency. Moreover, property information is frequently dispersed across multiple sources, making it difficult for users to obtain a comprehensive understanding of a property's value, characteristics and exposure to environmental or natural risks.

AISTATE addresses these limitations through a novel, intelligent and user-centric platform that brings together advanced Artificial Intelligence, geospatial intelligence and property analytics within a unified digital environment. At its core, AISTATE introduces an innovative user experience based on an LLM-empowered avatar and conversational chatbot, enabling users to interact naturally with complex real-estate information and receive personalised assistance throughout the property discovery and evaluation process. The platform integrates advanced geospatial intelligence with a state-of-the-art recommendation engine combining content-based and collaborative filtering, supporting more relevant and personalised property discovery. Complementing this capability, AISTATE incorporates high-accuracy automated valuation models and comprehensive property reporting that extends beyond conventional characteristics and market information to include relevant natural and environmental risks. By combining intelligent interaction, personalised recommendations, valuation analytics and geospatially informed risk intelligence, AISTATE aims to transform fragmented property search into a more integrated, transparent and informed decision-support experience.

AISTATE includes the following features:

  • Novel UX integrating an LLM-empowered avatar/chatbot.
  • Geospatial intelligence.
  • State-of-the-art recommendation system, combining content-based filtering and collaborative filtering.
  • High-accuracy automated valuation models.
  • Complete reporting on properties including information about natural risks.
  • Collaboration with: KADIS ESTATES LTD

    Funding: Cyprus DiGital INNovation Hub - DiGiNN