// mix weights are our estimate from detected signal volume
Launched Dec 2025 by syncing Malta's court-run eCourts judicial-sale data into a usable listings site — "we bridge the gap between offline judicial sales and investors". Grew to ~105 subscribers in eight months entirely inside a single-country niche, with a services ladder on top of the subscription (€249 power-of-attorney onboarding, €150 viewings, 1% success fee) explaining all-time revenue outpacing pure subscription math. Note: the founder self-reported $4,500 MRR in an interview listing while the Stripe-verified figure is $3,092. Headwinds at capture: 30d revenue -30%, a small market saturating.
97 programmatic /property listing pages plus exact-match landers for /judicial-sales-malta and /subbasti (the Maltese-language term) — a tight local play where the court's own site is search-hostile; 3.3k visitors/30d at $1.07 each despite DR 1.
Malta startup media covered the launch — "structured access to court-supervised real estate sales", 120+ properties across Malta and Gozo drawn from court records — earned local coverage in a market small enough for one article to matter.
Revenue expands beyond the subscription: €249 power-of-attorney onboarding, €150 per property viewing, legal research from €199 and a 1% success fee on winning bids — the services explain the all-time-vs-MRR gap on 105 subscribers.
One email a week on how SaaS actually gets users — the new teardowns, what changed, and the founder claims our crawl just caught out. No fluff, unsubscribe anytime.