They are Chile's first 100% online real estate crowdfunding site, and are funded by the Chilean state with Corfo through Magical Startups incubators, and currently by Microsoft's Imagine Lab.
They analyze and pick the best real estate projects, while investors choose ventures and invest online. With Lares you can get annualized returns between 7% and 12%, with investments from CL$500,000 (US$750).
At the moment, Lares is funding real estate development projects (construction) and improving the property income modality.
Restrictions: For the time being, only adults (18 years old) with Chilean identification can invest, whether inside or outside the country.
Lares main features and highlights
- Crowdfunding Platform
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