SamenInGeld Review

What it is

SamenInGeld is a Dutch property crowdfunding platform from Bilthoven, operating since October 2015. Investors lend to property owners against a mortgage on Dutch buildings and, more recently, holiday and residential property in Spain and Portugal. By January 2026 it had raised €299.3 million for 834 projects, repaid €159.7 million and paid €27.1 million of interest; its fee page shows lower totals of €287 million and 818 projects.

How it works

You register free of charge, verify your identity through the payment provider and choose projects from €250. You pick a tranche: the lower-risk first 60% of the property value or the riskier slice from 60% to 90%. Rates depend on the tranche, the term and the property type, with surcharges for mixed-use and commercial property. Interest is paid monthly; tranches are mostly repaid in one go at the end of the term, when the owner refinances or sells.

Returns

SamenInGeld reports an average net return of 6.79% a year for 2024, its only published return figure. It does not explain the method, whether write-offs are deducted, or what 2025 looked like. It publishes no average gross rate.

Losses and defaults

Losses so far are small: €865,534 has been written off since 2015, 0.29% of all money invested, across three projects (January 2026, calculated from the platform's own figures). Defaults, however, jumped in 2025. The platform's own table shows 55 of 997 running project tranches in default in 2025, about 5.5%, against almost none in earlier years; in mixed-use buildings about 31% to 33% of tranches defaulted. Over 2015 to 2025 the average is 63 of 3,476 tranche-years, 1.81% (its home page says 64). Default means 90 days late, or investors not repaid in full. 17 projects are currently more than 60 days behind on payments.

What secures your money

Every loan is backed by a mortgage on the property, in the Netherlands, Spain or Portugal. Each loan is split into two tranches with separate mortgage rights in the same deed: tranche 1 covers up to 60% of the property's value and is repaid first, tranche 2 covers 60% to 90% and is repaid only after tranche 1, at a higher rate. SamenInGeld normally lends at most 80% of the let market value and always wants to hold the first mortgage. The rights are held by a separate foundation, Stichting Zekerheden SamenInGeld. If a borrower is 90 days late, the foundation first claims the rent and then sells the property. There is no buyback, reserve fund or guarantee. Since 2015 €865,534 has been written off across three projects, 0.29% of all money invested (January 2026), but defaults rose sharply in 2025, especially in mixed-use buildings.

Who runs it and its licence

The platform is run by SamenInGeld B.V. (Bilthoven, chamber of commerce number 59383461). It holds a European crowdfunding licence from the Dutch financial markets regulator AFM, number 32000028, and is registered with the AFM as a credit provider, number 12042467. Payments run through Online Payment Platform, a payment institution supervised by De Nederlandsche Bank. Its figures do not always agree: project counts of 834 and 818, default counts of 63 and 64, and an arrears count at 60 days while defaults are counted at 90.

Fees

Investors pay a management fee of 0.06% a month on the amount invested in the first year of a loan, 0.72% a year, and 0.03% a month after that, 0.36% a year, deducted from the interest; this applies to projects placed since 1 January 2025. Borrowers pay a success fee of 2.25% for mortgage loans or 1.5% for business loans, plus 0.025% a month of the loan for administration (from €100 a month for loans abroad).

Getting your money out

You cannot take money out of a project before it ends, and the platform offers no secondary market. You can cancel within 4 days of subscribing. Otherwise your money comes back when the owner repays, usually at the end of the term by refinancing or selling the property, which can be delayed if the owner gets into difficulty.

Our view

Return: Low — investors earned 6.79% a year net in 2024, the only return figure published. Risk: Medium (higher means more risk) — only 0.29% of money invested has been written off and every loan has a mortgage, but defaults jumped to about 5.5% of tranches in 2025 and about a third in mixed-use projects. Risk-return: Medium — the 6.79% is already after costs, for loans backed by property.