A crowdfunding platform dedicated to the property sector has just been launched in Bordeaux for private individuals who want to invest in property.
This platform, made by Bordeaux-based company Crowdfunding-immo, enables investors to choose a real estate project and invest a minimum sum of €2,000 in it.
These funds will then be transferred to the developer after the collection is complete to purchase the land and start construction.
Once the construction is completed, crowdfunding-immo markets the housing. The investors get the capital and annual interest of around 7% back after two or three years. Four local programmes led by MIXCITE have already been offered for investment on the platform.. The fundraising is already underway and 2 projects have recorded fundraising levels of 67% and 45%.
(Source: 20 Minutes 23/09/2014)