Querido Investi - Risk and return review
Querido Investi - Returns and loss rates
Querido Investi – Platform statistics 2026
Querido Investi – Pros & Cons
About Querido Investi
What it is
Querido Investi ("Querido, Investi numa Casa!") is a small Portuguese real-estate crowdfunding platform based in Lisbon, operating since 2018. Investors lend to property refurbishment and development projects, mostly in Portugal, at a fixed gross annual rate. Its deal list shows 17 funded opportunities totalling €11,322,650 (read 30 October 2026). Deal flow is slow: €2.54 million of new deals in 2025 and €3.25 million in 2024, and no new deal has been added since August 2026.
How it works
You can invest from €50 and at most €2,500 per opportunity, which spreads your money across projects. Each deal is published with photographs, plans, a fixed gross annual rate, a maximum term (11 to 38 months across past deals) and a loan-to-value figure. Deals are structured either as a civil loan or as a profit-sharing investment contract. You pay in by bank transfer, Multibanco or card. On 30 October 2026 all 17 opportunities were fully funded and none was open for new money. The site is in Portuguese.
Returns
Rates on past deals range from 4% to 10% a year, gross and fixed; the highest was 10% on the Villa Branca deal (as of October 2026). Recent deals paid 7.5% (Viscount Cascais) and 7%. These are contractual rates, before Portuguese withholding tax; the platform publishes no average or realised return.
Losses and defaults
The platform's performance report for 2025 states a default rate of zero and no amounts written off as uncollectible across all operations up to 31 December 2025. A loan counts as defaulted when a payment is more than 90 days late or full repayment is unlikely without enforcing security. The report gives no total the rates are measured against and no year-by-year figures. It shows €6,753,450 of capital repaid to investors by the end of 2025 and €5.44 million still outstanding. On the public deal list, however, only one of the 17 deals (€20,000) is marked as fully repaid. In August 2026 an investor filed a public complaint that money in their wallet could not be withdrawn and calls went unanswered; it was still awaiting a reply.
What secures your money
The loans fund property projects, and each deal card shows a loan-to-value, from 13.5% to 75% across past deals and 30% to 53% on recent ones. The public cards do not say what kind of security backs each loan (for example a mortgage or a pledge on shares), and how the properties are valued is not published. There is no buyback, reserve fund or insurance, and the platform states that it does not guarantee repayment. If a project runs into trouble, the platform says it will help refinance or sell the property as quickly as possible. In plain terms: your money depends on the property being sold or refinanced on time, with the loan-to-value as the main cushion.
Who runs it and its licence
The operator is Querido Investi, S.A., Lisbon (company number 514 950 757). It is authorised by the CMVM, Portugal's securities regulator, as a European crowdfunding service provider since 15 February 2024, and appears as active in the European register (checked October 2026). The site's legal footer still refers to the old national crowdfunding law. No director or manager is named on the site.
Fees
Investors pay nothing: the platform states it charges no fee when you invest, while you hold the investment, on interest received or on repayment. The fees paid by project owners are not published.
Getting your money out
There is no secondary market, so your money stays in each loan until the project repays, after up to 38 months. Early exit is not possible, and the platform itself names lack of liquidity as a main risk.
Our view
Return: High — fixed rates of up to 10% a year, though that is the top contractual rate and no realised return is published. Risk: Low (higher means more risk) — the platform reports no defaults and no losses up to the end of 2025, and loans show stated loan-to-values. Those figures alone would give the lowest level, Very Low; we set it one step higher, at Low, because those zero figures come without a base and only 1 of 17 deals is marked repaid, so the record is still thin; one withdrawal complaint is also open. Risk-return: Low — held at Low because only an advertised rate is known; the high headline rate is not backed by any measured return.
Regulation
License / Regulation: CMVM (Portugal), European crowdfunding service provider authorisation under Regulation (EU) 2020/1503, granted 15 February 2024; listed as active in the ESMA register (Oct 2026). No licence number is shown in the register; 514 950 757 is the company number, not a licence.
Functionality
For Investors
Useful Information
Yes. Querido Investi, S.A. is authorised by the CMVM, Portugal's securities regulator, as a European crowdfunding service provider since 15 February 2024, and is listed as active in the European register (October 2026). The licence does not protect you against losses on the loans.
Payments are handled by MANGOPAY, whose payment terms are published in the platform's legal section. You can pay in by bank transfer, Multibanco or card.
€50 per opportunity. There is also a maximum of €2,500 per opportunity, so larger amounts must be spread across several projects.
Past deals offered fixed gross rates of 4% to 10% a year; recent ones 7% to 7.5%. No realised return is published. The platform's 2025 report states zero defaults and no losses up to 31 December 2025 and €6,753,450 of capital repaid, but gives no base for the rates.
Each loan funds a property project and shows a loan-to-value, 30% to 53% on recent deals. The type of security is not stated on the public deal cards, and there is no buyback, reserve fund or insurance; the platform does not guarantee repayment. If a project struggles, it says it will help refinance or sell the property.
No. There is no secondary market, and money stays in each loan until it is repaid, after up to 38 months on past deals.
None. The platform states it charges investors nothing when investing, while holding, on interest received or on repayment. Interest is paid gross, so Portuguese withholding tax may apply depending on your situation.
Not on 30 October 2026: all 17 opportunities were fully funded and no new deal had been added since August 2026. New deals totalled €2.54 million in 2025.
The loans are contracts between investors and the project owners, so they would still be owed. A crowdfunding provider must have a plan for loans to keep being serviced, but recovering money could take time.
