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404 Capital

INvestment Strategy

At 404, we identify structural supply-demand imbalances, source the assets that meet them, and build the operating brands that capture and service the demand. Our first platform is Cuatro Living in Spain.

Cuatro Living.

Cuatro Living ("Cuatro") is the modern format of student and young-professional living in Spain — boutique hospitality, residential at heart. Design-led, boutique-scale residences (70–120 beds) sited near educational institutions and in well-connected locations across Spain's leading university cities, with high-quality finishes and amenities. Operated in-house by Cuatro with a tech-forward operating model.

Hyperlocal Origination Network

A hyperlocal network of expert agents, advisers, and partners gives us proprietary access to off-market assets and on-the-ground operational ingelligence — under-used hotels, obsolete offices, and overlooked residential blocks — in Spain's leading university cities. We source and operate through relationships.

Disciplined Entry Basis

Institutional underwriting standards anchor every acquisition. We buy at a basis that protects investor capital, with a clear conversion path and downside-tested assumptions on cost, timing, and operations.

Distinctive Product

Design-led, technology-enabled residences built around how students and young professionals actually want to live. Every Cuatro residence offers high-quality finishes, on-site gym, study and social spaces — situated near educational institutions and in well-connected locations.

Dedicated Operating Platform

We intentionally operate every Cuatro residence ourselves — leasing, revenue management, and on-site service under our own brand. Owning the operating company alongside the assets means we control quality, costs, and brand experience to the smallest detail — for a better experience for residents and better cash flow for investors.

‣ work with us

Investors

Discuss 404 Capital, our Cuatro Living strategy, and current opportunities.

SELLERS & AGENTS

Share off-market buildings and repositioning opportunities across Spain.

UNIVERSITIES & PARTNERSHIPS

Explore partnerships on student placements, accommodation services, and joint initiatives.

404C Team
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