Crowdfunding real estate: “Largest operation in Portugal” raises 3 million

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Carried out by Querido Investi numa Casa!, the Estoril Property project raised 3 million euros in just 10 days

Portuguese real estate crowdfunding platform Querido Investi numa Casa! (QIC!) has closed what it says is “the largest collaborative financing operation carried out to date in Portugal”. The Estoril Property transaction managed to raise a total of €3 million in ten days, with a gross return for its investors of 6.5% per year.

“This is the largest amount ever raised for a single operation by a real estate crowdfunding platform in Portugal,” says QIC! in a statement sent to newsrooms. The truth is that the Estoril Property operation, by raising 3 million euros, surpassed the previous record. Before, at the top of the list was the operation called Sherwood I, which raised 650 thousand euros.

Since its inception in 2019, QIC! has raised over €6 million in 10 transactions, with over €4.5 million raised in the last 12 months. “This performance highlights the sustained growth of the platform, which provides real estate developers and investors with alternative financing and investment opportunities secured by real estate assets,” they explain from QIC! in the same document.

Foto de fauxels no Pexels
Foto de fauxels no Pexels

What is, after all, this real estate crowdfunding platform?
QIC! presents itself as the first 100% Portuguese online platform for real estate crowdfunding authorized by the Portuguese Securities Market Commission (CMVM). Its goal is to raise investment from:

  • Small private investors;
  • Real estate developers looking for alternatives to traditional banking.

“This new form of collaborative financing has introduced efficient and credible financing solutions to the market, both for real estate developers and investors,” they explain. The investment can start at a minimum of 50 euros up to the total amount of the investment operations.

“The added value of Querido Investi numa Casa! is to respond effectively to the specific needs of real estate developers, particularly with regard to the speed of analysis of the projects presented, and the proactive structuring and implementation of financing alternatives appropriate to the project in question, including debt instruments (mutual loan), or equity (co-investment with the developers themselves) or hybrid solutions, simultaneously providing the debt and equity components needed to ensure the overall funding of the operation of the real estate developer,” explains Paulo Carreira da Silva, Managing Director of this platform, quoted in the same document.

About the profitability that small investors and real estate promoters can obtain, Managing Director Bernardo Lisboa explains that “from the investor’s perspective, QIC! opportunities provide regular income (on a monthly basis) and with very attractive interest rates, providing the small saver and the large institutional investor with a risk-return binomial unparalleled in the market, since all operations benefit from solid real guarantees”.

 

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