Crowdestate

Edited on 30/11/2020 / Total invested: 2.600€

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I’ve been looking forward to leaving this platform for a long time now. Months ago, at the beginning of the year, investors applauded the possibility of selling the projects in force on this platform, but it has not helped to offer a 10% discount on the purchase price because there is no investor interested in acquiring projects that do not ensure compliance with unpredictable deadlines.

In short, I have stopped trying to sell my projects in this secondary market, the overall confidence has declined and, moreover, in these projects that already in itself are generating a lot of doubts. Since May 4, a fee of 2% + VAT is applied to the seller, so it loses more and more sense to try to sell these projects.

In fact, I have removed the possibility of obtaining 0.5% of each investment made through an affiliation link, because I do not recommend investing in Crowdestate.

Along with this company, five are suffering from major delays:Kevade 9, Lepa tee 1, Metsa tee 31/33/35, Q-haus and H.M. Seafood.

These are their features:

  • Specialized in real estate projects, they have also launched purchase of machinery or plots for residential development.
  • Generate monthly interest.
  • Periods between 6 and 24 months. Although we have already seen that the times are passed through the arc of triumph…
  • They facilitate autoinvest with the required amount and period, in addition to the desired profitability.
  • They describe some details of the borrowers in each project, the level of risk, the number of investors and sometimes a video of the project promoter.
  • Investments can be made from 100 euros.
  • They have links to the latest developments related to the projects already launched and a blog with a couple of monthly posts with some interest.
  • They have a secondary market that needs to be studied in detail before investing, as the risks are very high.
  • They launch between 4 and 11 projects per month; are quite regular.
  • They have launched 229 projects since they started in 2015, with more than 88 million euros funded.