HOUSERS REVIEW

Housers overview

Housers is a real estate crowdfunding platform and lending marketplace based in Spain, that mainly operates with real estate loans in European countries (basically in Spain, Portugal and Italy). The platform was established in 2015. Presently, more than 60,000 registered users have benefited from Housers and approximately 29 million euros have been already funded through Housers. Being the first real estate platform in Spain, Housers provides to their clients a great opportunity to diversify their portfolios and to invest in European real estate market.  

Detailed Information and Housers analysis

The interest rates

The interest rates are not so high according to the market of real estate crowdfunding investments. Usually, their projects have a 7% - 10% annual interest rate. Note, that your return depends a lot on the kind of investment, which you are going to take. For this reason, we highly recommend analyzing all types of investments before putting your funds in it.

Types of investments on Housers

• Buy to let - This option is for investors looking for their incomes in a short time. Investors get a monthly income from their investments from the rent. Note that the sale of the property usually takes a lot amount of time.
• Buy to sell - This type of investment is more stable because you lend your funds to a developer, who is going to buy, reform or build a property. Note that developer obligates to return all the money that you lent to him on time and pay interest in case of successful sale of an apartment.
• Development loan - Development loan is a third mode available on Housers, which usually has a duration from 12 – 36 months. In this option, investors give money to a real estate developer in exchange for the interest rate previously agreed with him.

Auto-Invest Option

Housers does not provide Auto-Invest Tool, because most of their offers are usually long-term. For this reason, the best scenario for potential investors could be diversification of their portfolios.

Buyback Guarantee

Unfortunately, this investing platform does not provide any returns from the defaulted loans.

Advantages and Disadvantages

+Advantages

• International real estate depot
• Great list of completed real estate projects
• Attractive and well-translated webpage
• Guaranteed security as Housers regulated by Spanish financial markets regulator
• Registered in the Registro Mercantil of Madrid

-Disadvantages

• Some of their investment opportunities have a low-interest rate according to the market
• Long verification process for new clients
• Usually the very low number of projects where you can invest
• 10% fee on the profit obtained

Housers how it works and who can invest?

Housers crowdfunding is open for any person who is 18 years or older, has Spanish or foreign nationality. To invest in Housers, you will need also to open an account on LemonWay. However, Lemonway does not accept investors from the following countries: Afghanistan, Barbados, Belarus, Burma, Bosnia-Herzegovina, Bosnia, Burundi, Korea, Egypt, United Arab Emirates, Ethiopia, United States of America, Guatemala, Guinea, Guinea-Bissau, Iran, Iraq, Lebanon, Libya, Macau, Mali, Mongolia, Namibia, Panama, Central African Republic, Congo, Russia, Samoa, Somalia, Sudan, Sri Lanka, Syria, Ukraine, Venezuela or Yemen. 

How do you start investing? (opening an Account)

The first step as always is open an investment account on the platform. To open an account, you need to put the button “Register now” and choose the “individual” option. Then you just need to paste your name and some other information. After that, you will need to download your documents in a PDF format or something similar, from both sides. If you have problems with downloading, you always can contact their support team. Then, you need to wait until your documents will be accepted and your account will be verified. Usually, it takes from 1 to 3 working days. After following all these steps, your account is ready and you can make a bank transfer. Once you receive all your funds, you are able to make your first investment on Housers.

Making the first investment

After confirming your account, you immediately have access to all the projects that are open for funding. Each investment project has detailed information about the property, current market position, financial information and plans to exit from this particular deal. Note that the minimum amount to be an investment is equal to 50 Euros and investors have to manage their investments manually, because the platform does not offer an auto-invest feature.

Should you invest?

Housers is a great platform for investors looking to diversify their portfolios and invest in the European real estate markets. The interest returns are not so good, but it is similar to their main competitors. So, before making your investment, we always recommend our visitors to visit our platform rating page, and probably you will find some alternative platform that will satisfy your investment needs. Also, don't forget to leave your Rendity comments experience.