---
title: Real Estate Crowdfunding
url: "https://www.unknowngravity.com/en/glosario/crowdfunding-inmobiliario"
site: Unknown Gravity
published: "2026-08-27T09:37:21+00:00"
modified: "2026-08-27T09:37:21+00:00"
language: en-US
description: "Real estate crowdfunding pools many small investors to fund a specific property project — usually lending to a developer — through a licensed platform."
section: "Home > Real Estate Crowdfunding"
---

# Real Estate Crowdfunding

GLOSSARY · BLOCKCHAIN & WEB3

What real estate crowdfunding is: how licensed platforms work, what you actually buy, the real risks and how it differs from tokenization.

WHAT IS IT? · FOR DUMMIES

**Real estate crowdfunding** pools many small investors to fund a specific property project — usually lending to a developer — through a licensed platform. Low ticket, project-by-project choice and agreed returns: the most popular entry to property investing without buying property.

WHAT IS IT? · PRO

In Europe platforms operate under the **European Crowdfunding Regulation** (ECSPR), with authorisation and supervision: the standard product is **development debt** (a loan to the developer at an agreed rate), less often equity in the vehicle. The investor picks project by project — unlike a [SOCIMI](/en/glosario/socimi), where you buy a whole portfolio.

Its limits are well known: **near-zero liquidity until maturity**, concentrated developer risk and funding windows that fill up. **Tokenization** attacks exactly those limits (modern registry and transferability) and the two are converging — we compare them in depth in [crowdfunding vs tokenization platform](/en/articulos/diferencias-entre-crowdfunding-y-plataforma-de-tokenizacion-guia-practica). If you want to run your own platform, that is the terrain of our [tokenized real estate crowdfunding software](/en/crowdfunding-inmobiliario-tokenizado-lanza-tu-propia-plataforma-de-inversion).

## 01 / Key points

- Many investors fund one specific project via a licensed platform
- ECSPR: European authorisation, typically development debt
- Project-by-project choice, unlike a SOCIMI
- Limits: liquidity until maturity and developer risk — what tokenization attacks

## 02 / Advantages

- **Low ticket** and project choice
- **Agreed returns** on development debt
- **Supervised European framework** (ECSPR)

## 03 / Disadvantages

- **Near-zero liquidity** until maturity
- **Concentrated developer risk** per project
- **No real secondary market** on most platforms

This entry is informative. It is not legal, tax or investment advice. The rules cited change: check the current version on [BOE](https://www.boe.es) and [EUR-Lex](https://eur-lex.europa.eu).