Brickstarter

What Brickstarter does

Brickstarter is a private real estate crowdfunding platform that enables individual investors to participate in the acquisition, renovation, and vacation-rental operation of tourist apartments, primarily in Castellón de la Plana, Spain. The company is legally domiciled as Brickstarter OÜ in Estonia (registry code 14766591) while conducting operations out of Valencia, Spain. Founded in 2017 by José María Pascual, the firm runs with a small team of approximately five people and targets retail investors seeking passive exposure to short-term rental properties with a minimum entry ticket of €50 and a guaranteed 5% TAE return from the moment of investment until each project becomes operational.

The core technology is a self-serve web platform that lets users browse curated property opportunities, simulate returns via an investment calculator, execute investments, and monitor portfolio performance through a personal dashboard. Brickstarter underwrites each opportunity using Big Data analytics that combine Airbnb, Booking, HomeAway, Idealista, and Commercial Registry datasets to score properties on revenue capacity, revaluation potential, and acquisition price. Platform payment flows are processed by Lemon Way, a France-based ACPR-accredited payment institution, which holds user funds in segregated virtual accounts separate from Brickstarter's own assets. An Auto Invest feature automates claim purchase applications based on investor-defined parameters.

Brickstarter's revenue is transaction-based, generated through service charges, claim assignment fees, and the interest spread between rates paid by property-developer borrowers and returns delivered to investors. Project economics disclosed on the platform show projected IRRs of approximately 10-11.5% and ROEs of 4-7%, with individual project sizes typically between €70,000 and €100,000 financed by 150-300 investors each. The company reaches customers through a digital-first channel mix — blog content, email newsletter, organic social, and SEO — and has no disclosed funding rounds or institutional investors, suggesting it has been bootstrapped to date.

Name

Brickstarter

Legal name

Brickstarter OÜ

Website

https://brickstarter.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

Brickstarter is an Estonia-domiciled, Spain-operating real estate crowdfunding platform that lets retail investors co-finance vacation-rental apartments in Castellón from a €50 minimum, underwriting deals with Big Data analytics over Airbnb, Booking, and Idealista data.

Ownership category

akta.pro rank

Product category

Real Estate Crowdfunding

NAICS

Residential Property Managers (531311)

SIC

Real Estate Agents & Managers (For Others) (6531), Loan Brokers (6163)

akta.pro primary industry

Owner Services, Reporting & Portfolio Administration (THAMAKAI)

akta.pro secondary industries

Residential Investment Property Brokerage (SFR/Small Multifamily) (BPAJAAAE), Residential Real Estate Brokerage (Buy/Sell) (FSAEAJAA)

Keywords

• Real estate crowdfunding
• Vacation rental investment
• Property investment platform
• Tourist apartment investing
• Crowdlending real estate

Headquarters

HQ city

Valencia

HQ country

Spain

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Service Charges: Users pay Service Charges to Brickstarter for services provided on the platform. These are deducted from payments made to Brickstarter's Account and specified in the List of Charges published on the website.
2. Claim Assignment Fees: Revenue from assignment agreements where Brickstarter assigns loan claims to investors. The difference between loan interest paid by borrowers and returns to investors represents platform revenue.
3. Loan Interest Spread: Platform acts as intermediary between borrowers (real estate developers) and investors, earning spread on loan interest rates.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Brickstarter operates an online real estate crowdfunding platform that lets individual investors participate in vacation rental (tourist apartment) property investments in Spain, starting from a €50 minimum. The platform curates properties — primarily in Castellón de la Plana — using Big Data analysis of vacation rental and real estate databases, finances the projects via loans to developers, and assigns loan claims to investors who earn a 5% TAE guaranteed return until projects become operational, plus projected 10-11.5% IRR and rental income once managed.

Product overview

Brickstarter is a real estate crowdfunding platform specialized in vacation rental property investments in Spain. The platform operates as a unified investment platform where investors can browse curated property opportunities, invest starting from €50, and track returns through a personal dashboard. The core offering consists of the main investment platform combined with individual property listings (Gran Vía Torreblanco and Lucena projects) and an investment simulator tool for calculating projected returns. Properties are primarily located in Castellón de la Plana and involve flipping (renovation and resale) and vacation rental strategies.

Differentiator

Problem solved

Functional benefit

Products and services

• Brickstarter Platform Self-serve web-based real estate investment platform specialized in vacation rental (tourist apartment) properties, enabling individual investors to participate in property crowdfunding starting from €50 and earn a 5% TAE guaranteed return until projects become operational.
• Property Investment Opportunities Curated selection of real estate properties (apartments and studios) available for crowdfunding investment, primarily in Castellón de la Plana, Spain, with projected IRRs ranging from 10% to 11.5%.

Quantifiable outcome

• 10-11% IRR projected returns on investment
• +4 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability2 records

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Lemon WaycoreTechnology or IntegrationEuropean payment institution accredited in France by ACPR (CIB 16568). Manages Brickstarter's bank accounts and processes all payment transactions. User funds are held in segregated accounts separate from Brickstarter's assets.
• Cámara de Comercio de ValenciaminorGTM or Marketing PartnerLocal Chamber of Commerce providing support through PICE (Plan de Capacitación) program that assisted Brickstarter in hiring young beneficiaries of youth employment programs.
• InvatturminorOthersAppears in partner logos section - likely a tourism/investment promotion entity related to Valencia region.
• Valencia StartupsminorOthersAppears in partner logos section - startup ecosystem organization in Valencia region.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Reinvest24: European real estate crowdfunding platform focused on rental-income properties across multiple EU markets. Similar fractional ownership and rental-yield model but with broader geographic diversification than Brickstarter's Castellón focus.
• CrowdProperty: UK-based property crowdfunding platform providing bridging and development finance funded by individual investors. Comparable crowdlending model but focused on UK market rather than Spanish vacation rentals.
• Groundfloor: US real estate crowdfunding platform offering fractional investment in individual property loans. Comparable fractional real estate lending model but serves US investors and properties rather than European vacation rentals.

Direct peers

• Urbanitae: Madrid-based Spanish real estate crowdfunding platform offering fractional investment opportunities in residential and commercial property. Direct competitor in the same product category with similar individual investor targeting.
• Housers: Spanish real estate crowdfunding platform enabling individual investors to participate in property deals, with a strong focus on rental income and tourist apartments in Spain. Closest direct competitor to Brickstarter in geography, product, and target customer.
• Crowdestate: European real estate crowdfunding platform operating across the Baltics and broader EU, providing investors with property-backed investment opportunities. Comparable business model and cross-border structure to Brickstarter.
• EstateGuru: European real estate crowdfunding platform (originally Estonian) offering short-term, asset-backed property loans funded by individual and institutional investors. Shares the loan-assignment model and European footprint with Brickstarter.
• Wecity: Spanish real estate crowdfunding platform focused on promoting and developing real estate projects through crowdlending. Operates with regulated payment infrastructure and competes for the same individual investor base in Spain.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/brickstarters

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Brickstarter