![]() Therefore, you need to expect a delay of 3 to 4 months from your investment until the first interest payments.īrickStarter plans to exit this property in 4 years period. Sadly, the above-mentioned process (from acquiring a property to receiving its first rent) does vary in time. This was the moment things started to get more interesting for investors.Įach time visitors paid the rent, the earnings were distributed back to the crowdfunding investors. Once the licence was in place, BrickStarter listed this property on, Airbnb, and other short-term rental websites. Usually, the whole renovation process takes no longer than 2 months.Īfter that, BrickStarter applied for an Airbnb licence at the local municipality.įYI: That’s why we always prefer to invest in a property which already holds an Airbnb licence, because Spanish cities are becoming more reluctant to give out new licences with each passing day. ![]() In the case of the accommodation in Seville, only minor renovation was necessary. Once the preliminary contract was signed, they started the whole crowdfunding process, while we did due diligence and helped them finance the acquisition of the property.Īfter the acquisition phase is over, each property goes through a renovation phase. ![]() Before it ended up on EvoEstate, Brickstarter discovered this apartment on the market, made a thorough analysis and signed a preliminary contract for the purchase. This project was financed at the beginning of July 2019 by 80 investors. We will try to explain the whole P2P investment process using this small-risk holiday property in Seville (Spain) as an example. ![]() Gustas Germanavičius DecemHow Can You Invest in Airbnb without Buying the Property Yourself?
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