Housers is a 2015 founded Spanish crowdfunding platform that enables individuals to invest in real estate projects in Spain, Portugal, and Italy from as little as 50 €. The platform specializes mainly in collateral backed investments in Buy-to-Let, Buy-to-Sell and Development loans. Read more here.
Housers Promotional Code
Housers promotional code: HERE (Get 25 EUR cashback for a 50 EUR minimum investment if using my link).
- Last update: 01/01/2020
- Inception date: 26/03/2018
- Total Deposits: 6,736 EUR
- Total Withdrawals: -287 EUR
- Total Income: 359.6 EUR
- Expected annual returns: 5%
- XIRR: 3.42 %
December 2018: Delayed rental income from Estadio Nacional and monthly rent agreement lower than expected.
January 2019: First Buy-to-Sell investment exited three months earlier with a 7.95% AER, which is better than the expected 7.1% AER.
February 2019: Second Buy-to-Sell investment exited with 6.1% AER, which is lower than the expected 7.2% AER. Three BTL investments didn´t payout.
March 2019: Issues with the principal repayment of Albufera development loan due to the delay on the building permit from the Alfafar town hall. Lesson learned: Do not invest in development loans without granted building permissions.
April 2019: Several of my BTL investments don´t payout. The platform seems to be experiencing serious internal issues and struggles to manage investments efficiently.
May 2019: Income seems to pick up.
June 2019: A development loan exits successfully.
July 2019: Albufera loan extension is granted following the results of investors’ online vote. Housers continues to disappoint in regards to rental income.
August 2019: Albufera loan starts paying monthly interest including a 2% monthly penalty fee. Income recovers.
September 2019: Hold on a sec! Nearly all my investments paid out this month?!
October 2019: Well… That didn´t last too long!
November 2019: First Buy-to-Let investment sold after the 20th month with an IRR of 4.15% against and the estimated 6.29% 🙁
December 2019: Monec Barcelona doesn’t pay because of door maintenance issues (are tenants animals or what?). Payments delays on Tirso de Molina BTL.