I haven’t written anything about my real estate crowdfunding portfolio since July. Enough changes happened in between, so I’m ready to provide new updates.
Let's keep in touch
Subscribe to our newsletter
Housers is a real estate crowdfunding platform from Spain that offers investors opportunities from Spain, Portugal or Italy.
I did join Housers a few months ago, but only recently I got interested in the platform. The more I look at it, the more I like it.
I’ve split my 600 EUR investment into 12 properties from Madrid, Barcelona, Florence, Loures and Santa Pola. Now I’m waiting to receive rent dividends for my investments.
The only profit I’ve received so far is from a rental property I’ve invested in. All my other investments are buy-to-sell, with an investment term of 12 to 24 months.
My portfolio is relatively small, so I’ll keep investing in opportunities that look interesting.
Housers offers 3 types of investments on the platform:
One other opportunity type Housers is mentioning in their investors’ manual is buying art and selling it after a few years (2-7 years) when the price of the art piece has achieved the expected evaluation. I didn’t see any such past or current investment opportunities on the platform yet, so I suspect that’s either something they want to add to the platform or it’s something they offer to a restricted number of premium investors.
All investment opportunities are ranked with a risk level scoring from A to G. Opportunities with lower risk (A or B) also have lower annual yields. The risk level is based on both the property (location, sale price, construction, valuation price) and financials (working capital, credit capacity, guarantees ).
The average yield returns for investors so far has been 5.5% for buy to sell projects, 4% for buy to let and 9.7% for development loans.
Residents from most of the countries can join Housers and invest in the opportunities available. There’s a list of around 30 countries that are not allowed to invest (for whatever reason). Of course, the US is included in this list of 30 countries.
You can wait and exit your investments at the end of the investment term or sell it earlier to other investors on the Marketplace.
There are no fees when entering an investment opportunity or any annual management fee. Housers charges a 10% fee on the profit obtained.
Additionally, your income tax is deducted automatically, it doesn’t matter if your residence is in Spain or any other country. The tax percentage depends on where the real-estate developer company is registered: 19% for Spain, 26% for Italy and 28% for Portugal.
There’s a healthy amount of available investments in the market with good return rates. Each investment opportunity has details about the property, current market condition, financials and exit plan.
The annual yield shown is the expected return of the investment based on market analysis, property, etc. The actual return might be a bit different.
The marketplace is a good place to diversify your investments without waiting for Housers to add new projects to the primary market.
There’s a wide range of investments available in the marketplace. The good (or bad) thing is that all the properties listed on the marketplace are sold at the current market price. So, you can find good deals on the marketplace because other investors that list their investments here cannot put a higher price when selling their shares.
For example, I bought 50 shares from a property in Italy, but I can’t put them back on the marketplace with a different price.
You can view your investments and follow their status on the user dashboard. It has some cool features like a diversification index graph that shows the current risk level of your portfolio.
My current portfolio is decently diversified, but I should add a few more investments in other geographical regions to minimize my risks.
Housers is a good platform to invest if you plan to expand your real estate investments portfolio into Southern Europe.
The marketplace (or secondary market) has a good number of properties to invest in and easily diversify your portfolio. Also, the marketplace properties are not overpriced, because other users can only sell their investment at the current market price.
Things I don’t like about Housers:
I’m going to keep for now a small investment on the platform and see how it evolves. Meanwhile, I’ll get more familiar with Housers and the investments they offer and how they are doing their risk assessments on the opportunities presented.