Propcrowd lets small investors access high ROI real estate with collective investment platform
Spain · Oct 07, 2019· By Amalia González
Propcrowd disrupts real estate investing with its crowdfunding platform that buys, refurbishes and sells houses, then dividing the returns among small investors
Propcrowd is a Spanish real estate investment crowdfunding platform that lets retail and institutional investors invest in real estate assets with high rates of return. These, in the past, were accessible only to very high net worth investors.
The Stock Market National Commission (CNMV)-accredited platform was started by the founders of HiGuests, a luxury property management company that manages the short-term rental of properties in Dubai, Barcelona, Mumbai, Dominican Republic and Australia through more than 20 portals. Dubai-based HiGuests was founded in October 2016 and has since generated over US$8m in revenue.
Propcrowd's CEO Miquel Manzanas spoke to CompassList at the 4YFN conference in Barcelona earlier this year.
This interview has been translated from Spanish and edited for length and clarity.
Q. What inspired you to create the company?
Edited by S. Mani
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