Housers: don’t invest in them

Edited on 30/06/2022 / Total invested: 106.982€





  • Since August 2018, no good news from these people.


  • There are so many cons that I’d rather you read ALL of it below. In short, since 2018 they do not return the capital of the projects, they do not carry out updates, we do not know whether they keep our money, they direct it to the promoters or vice versa, they have not fulfilled any of their commitments, the answers they offer are the same in all the projects and a long etcetera.


  • Only the thousands of people affected know what we are going through with these people.
  • I have filed a lawsuit against them and the developer Construbecker.
  • Investors are taking back some projects and removing the current managers.
  • I just wish I got my hard-earned money back

HOUSERS general features

Country of originSpain
Year founded2016
GuaranteesNO. None
Secondary marketYES. Called CCD, valid for selling only some projects
min-max investmentFrom 100€. No upper limit
Return estimated4-18% But none of them are true
Investment periods6-48 months
Support rating1 / 10
Official supervisionYES, but only in theory by the Comisión Nacional del Mercado de Valores (CNMV), whose supervisory work is in doubt. Housers has already been fined 345,000€

HOUSERS latest news

Feb 2022Return no. 127. Only 150 projects in backlog
16/12/2021The Audiencia Nacional denies the precautionary measure requested by Housers, which complies with the fine of €130,000
18/11/2021New CNMV fine of €130,000 to Housers
21/10/2021Court hearing against Housers. On 2 November Antonio Brusola (ex-CEO of Housers) and on 4 November the administrator of Construbecker will testify
30/09/2021The Mesón de Paredes project is now managed by a Board of Directors made up of unpaid investors
27/09/2021Atrium Lex, administrator of most projects, has its Tax Identification Number withdrawn
19/07/2021Class action lawsuit filed against Housers at the National High Court
13/07/2021Detailed information is sent to the National Securities Market Commission on the status of ongoing criminal investigations
29/03/2021Housers distinguishes between investors with Premium or Basic accounts (€2.5 fee if you maintain a balance)
New projects eliminate Housers’ 10% commission fee
26/03/2021Housers publishes a list of 21 defaulting developers, with debt or in recovery, which you can see here
18/03/2021The lawyer Manuel Merino informs me that he is going to file a new criminal complaint that will affect 33 projects, which you can review and see how to sign up on Facebook or Twitter
24/02/2021Housers has included URBANIZADORA HORTA SUD VALENCIA, S.L. (Torres de Paterna, Albufera and other projects) in the National List of Debtors
02/02/2021Lawsuit filed against Housers and Construbecker for 10 projects in Madrid Courts


After seeking legal advice for months through various channels, I decided in January to file a complaint against them and the developer Construbecker for the €70,000 I have invested in two of their projects.

These are the ten projects so querella has been filed by scam against both: Avenida del Puerto; Cardinal Benlloch; Albufera I, II, III; Torres Paterna I and II; Eliana; Tarragona and Llanes, which total 6,315,000 euros.

If any of my readers would like to join the lawsuit, they can still join the lawsuit, even if it has already been filed. If you have any questions about how to proceed, you can contact me via email

There are also two very active Telegram groups to know all the news: and

Of the 14 projects (9 savings, 2 investment and 3 fixed rate), I now have invested almost 107,000 euros in just 9, since the other 5 have ended when years ago they paid more or less on time.

And for the most angry investors, we find that in the new control panel appear projects with the status of “no incident” when they have a delay of 9 months (marked in blue). In red I have marked that Iriarte has not charged anything since it was financed more than two years ago, for example. What scoundrels!

Below I show the status of each of the current ones:

Torres de Paterna: 19,430 euros inverted. The funding ended in August 2018 and, being a 12-month project, should have been repaid more than a year ago. They promised from October 2019 that they would pay the interest monthly until August 2020, when they would return the capital of 19,430 euros that I invested in them, but they did not fulfil their commitment. On 9 July, the Board of Lenders was convened for several projects related to the developer Construbecker, S.L., in which they proposed the novation of an additional year, which would already add a total of 36 months to the initial 12 months, to be paid from August 2020. It was approved on 12 August and they have started to pay in October the default interest that should continue to be paid until September 2021, when they will repay the project. Since that date they have stopped paying. I have reported Housers and the developer. Housers has included the developer in the National List of Debtors.

Marismas de Odiel: 10.000 euros invested. Project launched in July 2018 to 6 months that should have been returned in January 2019. BUT, in mid-October (9 months later), investors accepted a monthly payment schedule until June 2020, but only paid ONE MONTH! And this is not all, because on February 20th the promoter of Marismas de Odiel was included in the ASNEF(Private Registers of Debtors in Arrears). In September they have launched for the second time a meeting of investors to see if we accept the payment schedule. It was approved at the beginning of October and proposed the payment of interest on arrears in October and November 2020 (both paid), while the repayment of capital and interest would be in January 2023. It’s a long time, I know. I don’t know if Housers will still exist at that time.This way, if everything goes well, instead of a 6-month project, it has been delayed to a total of 54 months!

Albufera III: 50,126 euros invested. In June 2018, I collected compensation for an unfair dismissal and reinvested much of this project. Damn my decision! In a twelve month project, it looks like we will finish it in 39 months, if they really deliver. According to a first payment schedule, the last payment would be made on 30 April 2020, but you can see that this has not been the case. As in the Torres de Paterna project, on July 9th the Board of Lenders was convened for the novation of an additional year,to be paid since August 2020. The new proposal is for the payment of interest on arrears until September 2021, when the project would be repaid. Until I see it I will not believe it, because they have already failed to comply with it before. They paid the first month and in March 2021 I have been paid up to and including January. In January I reported Housers and the developer. Housers has included the developer in the National List of Debtors.

Iriarte: 15,100 euros invested. Since March 2019 I have been waiting for this project to return interest and committed capital to me, but it hasn’t been sold yet. The penultimate announcement was in July 2019, in which they put the project up for sale. The last one was in March 2020 and it was reported that the property was no longer marketed by Covid-19! I have been informed that they have resumed the marketing of the property after the pandemic. I no longer believe anything. We’re going to be three years old and they haven’t paid a single euro.

Vara del Rey: 1,500 euros invested. Another unfulfilled promise. Their payment schedule promised to end the project deadlines by April 2020. Did they pay you anything? To me it is: 3.39 euros in April. 0€ since then. But of the 1,500 euros invested, there is no news.

They say that a rental-purchase offer is currently being negotiated and continues to be marketed through the real estate company “Como tu Casa”.

The Raval II: 2,800 euros invested. Completed in February 2020. As usual, they have not met the scheduled dates and have also ceased to market it because of the Covid-19. My profit over three years has been €22!!!! Without firm offers, it continues to be marketed through the same real estate agency as Vara del Rey.

Sagasta: 2,400 euros invested. Finally it doesn’t sell, but I don’t want to stop exposing what I wrote just a few months ago: “After 42 months, which is 18 months longer than expected, this project seems to be going to end with a loss of 28%, as I said at the beginning. This means that I would have lost 672 euros, with a final TIR of -11% when I expected a TIR of +10.11%… With no tenants since December 2019, there have been several buyers interested but offering very low prices. It is marketed through the Javier Reynes Architecture Studio. In October, an offer of 180.000 euros was received, which turns out to be 9.000 euros below the purchase price of investors.

Thinking: 426o invested. It was completed in January 2020 after 36 months, which have provided a profit of 29 euros with a cumulative return of 2.3%. In April they sent out a communiqué in which they announced that they would not be able to carry out visits through Covid-19. In October they paid €2.

Juan de la Encina: 5,200 euros invested. This project, which ended in June 2019, should have already returned the full amount. In October I was informed that there are tenants in both properties and it is being marketed for sale through the real estate agency “Como tu Casa”. On December 1 we were told that the rent had ended.

So far the update of the end of August and then a brief summary of this unpresentable company:

Housers is a Spanish platform created in April 2015 with an exceptional and novel initial idea in our country:purchase of second-hand properties with a potential price increase in a short time thanks to the rehabilitation and subsequent rental and sale.

In addition, since it was a start-up, during their first year of existence they advertised a tax deduction of 20% of the total investment. In addition to interest, it represented a round business. But while legally such a deduction could be applied during their first three years, they stopped advertising it because the Treasury put countless locks on them.

To this day, five years and a half later, the situation has gone out of hand, in my humble but knowledgeable opinion: problems and divisions between the two co-founders of society, systematic delays in interest payments and repayment of amounts invested out of time, lack of information to the investor in the absence of concreteness and response on the part of the platform and its customer service, fines by the CNMV, etc.

I was one of the first investors to trust them, but I currently represent one of the thousands affected by the platform that is looking forward to the end of the payment periods proposed by the promoters and to which we are unprotected. In many cases they have proposed a delay of more than a year since the supposed completion of the project, so we have a long wait to recover what is invested. See here the opinions at Trustpilot,a company specialized in attracting customer reviews, although I suppose all the newbies who have started investing are delighted… you’ll see, now… Summary: Don’t invest with Housers.

They continue to launch projects massively and already have almost 117 million euros, announcing interest between 6% and 14%, plus an additional 3% in one-off campaigns (Black Friday, for example). There is no doubt that its strong is not the real estate sector, but real estate marketing.

The page is very intuitive, they make it easy to invest from 50o, but the internal return rates are not real.

In short, I advise all my acquaintances, friends and family who consult me, DO NOT INVEST UNDER ANY CONCEPT on this platform, at least until they reverse a decline that began two years ago.

And if you require additional information, in this linkyou can view its basic information for the investor.

Despite having a referral program that could offer me some benefit in the event of investing through a link, I do not recommend in any way investing in this platform, so it would not be fair to make any profit on your part.

The individuals who invest our money, we have no capacity to make decisions even if the company is formed by each and every investor because, as recorded in the legal conditions published on the Housers website to which I have referred you previously, “the investor will not have access to the management of the company in which he invests.” In my case, I am trying to withdraw for years the almost 107,000 euros invested, at the moment with zero success.

They launch continuous promotions, new investor recruitment tools and very high returns, but they keep breaking their promises,so if you still want to risk investing with them, it won’t be that I didn’t warn you…

I have only one more thing left: do not invest in Housers, do not invest with Housers, do not invest in Housers in any way, do not invest in any way with Housers. Is that clear? Don’t invest in Housers.