Crowdestate

Edited on 31/03/2021 / Total invested: 2.600€.

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PROS

  • 11-19% annual interest rate
  • Autoinvest easy to use
  • Site in several languages

CONS

  • Delays in various projects and slow recovery
  • 2% secondary market sales commission
  • Unaudited published annual accounts
  • Supposedly secured investment with mortgage, but in some cases not applicable

MY EXPERIENCE

  • I can’t wait to get off this platform
  • Impossible to sell my projects on the secondary market. Nobody is interested in them, despite the discount offered

CROWDESTATE general features

Country of originEstonia
Year founded2014
GuaranteesMortgages, sometimes not applicable
AutoinvestYES
Secondary marketYES, 2% commission to seller
min-max investmentFrom 100€. No upper limit
Return estimated11-19% p.a.
Investment periods6-36 months
Support rating8 / 10
Official supervisionNO. Not even by the Financial Supervisory Authority

CROWDESTATE latest news

15/02/2021Bankruptcy Committee to handle more than €33 million of Baltic Forest Group’s debt
04/01/2021Publication of overall results 2020: 81 projects published, 2 unpaid, 32 delayed
29/12/20204 trustees appointed to Baltic Forest bankruptcy committee
30/11/2020Baltic Forest declares bankruptcy