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Rated 1 out of 5 stars

was told to withdraw my cash. i did not so they took 25 euros dormancy fee every month i had no email saying anything about a dormancy fee till my balance was 0.. they just took it.. why both to inv... See more

Rated 1 out of 5 stars

These guys are really bad with project selection, they even pick projects/companies/persons who already had problems on other platforms. Yet they accept them and deny all pre-cautions from the users... See more

Company replied

Rated 1 out of 5 stars

Nessuna risposta alla mia richiesta dove sono finiti i miei investimenti, quando chiamo non risponde nessuno. Spero che con Trustpilot, riesco a ricevere notizie e capitale. Grazie.... See more

Company replied

Rated 2 out of 5 stars

Sadly, after promising start, it looks like this company is shady. Rate of defaults on projects and late payments on projects are more of a rule than an exception making it impossible to trust them w... See more

Company replied

Company details

  1. Investment Service

Information provided by various external sources

Crowdestate is a Nordic real estate crowdfunding marketplace, which offers real estate, business, and mortgage loan investment opportunities. 🔹No fees. 🔹Secondary market. 🔹Minimum investment 100 EUR. 🔹Fund your project/business.


Contact info

1.3

Bad

TrustScore 1.5 out of 5

126 reviews

5-star
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1-star

Hasn’t replied to negative reviews

How this company uses Trustpilot

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Rated 1 out of 5 stars

was told to withdraw my cash

was told to withdraw my cash. i did not so they took 25 euros dormancy fee every month i had no email saying anything about a dormancy fee till my balance was 0.. they just took it.. why both to invest when they will just steal your money?
these are a bunch gangsters or what?

September 12, 2025
Unprompted review
Rated 1 out of 5 stars

Stay Away – Crowdestate is a Scam!

I invested in 4 projects through Crowdestate, all of which went bankrupt. Their homepage promises “safe, pre-vetted investments with rigorous due diligence,” but this is a blatant lie. Crowdestate showed zero oversight, ignored investor concerns, and provided almost no communication for nearly a year.

From my investigation, I discovered dozens of investors facing similar losses. I personally have 38 investments on other crowdfunding platforms – none of them failed – proving that Crowdestate’s so-called “due diligence” is either non-existent or deliberately misleading.

To make things worse, they quietly shut down operations without informing investors. This platform is negligent, non-transparent, and highly suspicious of fraud.

Warning: Do not trust Crowdestate with a single euro!

July 15, 2025
Unprompted review
Rated 1 out of 5 stars

Zero Chances Of Success!!!!

Note that this platform is not bringing anything good. I changed to Good Merit which is excellent in comparison to this because of their lack of openness and their subpar customer service representatives

July 4, 2025
Unprompted review
Rated 1 out of 5 stars

Its worse than a casino

I picked only the safest projects with an expectation to accept low returns but also lower the risk. In the end every one of them defaulted, some of them didnt return no money at all. Some gave back like 5% of the money I invested. Not only I lost the interest but I LOST ALL OF MY MONEY COMPLETELY.

The descriptions of projects are written nicely and leaning to the positive side. Website also looks trustworthy and shows that most projects succeed with average returns of like 14%.

Theyre sending letters that theyre figuring something out for the projects that are late with payments, but after a few years of pointless waiting it all ends up in a total loss.

June 2, 2025
Unprompted review
Rated 1 out of 5 stars

Scam

Never even try this. Most of the projects go to default.

May 23, 2024
Unprompted review
Rated 1 out of 5 stars

Lost money?

All investments have defaulted, overdue, no income since 2023. Scam or incompetent management, all investments in realestate - it's funny why they do not collect debts...supervised by the Estonian Financial Supervision Authority HA-HA-HA.

March 26, 2025
Unprompted review
Rated 2 out of 5 stars

Not serious

Years ago it seemed serious.

Now 10 projects are all delayed or defaulted.

I think there are now 2/3 reliable platforms in the p2p field, and this is not one of them.

I just hope there is an effort to catch up with the projects.

January 15, 2025
Unprompted review
Rated 1 out of 5 stars

Passive in case of defaults

"Crowdestate serves as a facilitator for loan agreements and does not function as an asset manager" In practise that means they don't do anything in case of a default. You should realize that if you consider investing here

December 27, 2024
Unprompted review
Rated 1 out of 5 stars

worst platform ever in this field

worst platform ever in this field. Out of 5 investments with "low risk" rate, all of them are in default. no visibility on how and if I will get back at least my investments, not possibility I suppose to have any interest. If I get some money back I will never reuse the on this platform. Stay away from them

November 1, 2024
Unprompted review
Crowdestate logo

Reply from Crowdestate

Dear Alessandro,

Thank you for your feedback. We acknowledge your concerns and regret that your portfolio's performance has not met your expectations. Risk assessments are conducted based on the information available at the time of investment, but it is important to note that circumstances can change, which may impact the performance of investments. A gentle reminder that a crowdfunding platform serves as a facilitator for loan agreements and does not function as an asset manager.

If you have any questions or need clarification regarding your investments, we encourage you to reach out to our Investor Support team.

Thank you,
Crowdestate

Rated 1 out of 5 stars

stay away from this

I have made 2 investments since 2020, the payments are not been made. Every time they make new promises but nothing happen and if you contact them to ask what now? they get mad on why at all you have contacted them? they mean that you have done your duty by paying them, what else do you want.

October 20, 2024
Unprompted review
Crowdestate logo

Reply from Crowdestate

Dear Hamid,

Thank you for your feedback. We would like to clarify that the claims in your review are not accurate. We do not make promises regarding investment outcomes, as all investments carry inherent risks. Our team strives to be understanding and supportive toward all investors, ensuring professionalism and clear communication.

If you have any questions or concerns regarding your investments, our Investor Support team is available to assist you. Please don’t hesitate to reach out to us directly for further assistance.

Thank you,
Crowdestate

Rated 1 out of 5 stars

Took me a 15 minutes video call where I…

Took me a 15 minutes video call where I had to show my ID, and agree to share an IP address to withdraw 100(!) euro and close an account. Not 100k, just 100 euro. This has to be something that a user can do themselves.

October 3, 2024
Unprompted review
Crowdestate logo

Reply from Crowdestate

Dear Rihards,

Thank you for your review. To clarify, Crowdestate conducts video calls with clients only in specific cases, such as when they are unable to access their account, require technical assistance, or for compliance purposes. In this instance, the video call was necessary due to access issues. Once users have access to their account, they can manage it independently, including making withdrawals, without any additional steps.

Rated 1 out of 5 stars

another hoax

my ID expires and i tried verifying my identity with the new ID, I got the message "An error occurred while starting verif verification.!" While my identity is not confirmed I am not able to withdraw money, not that they are paying anything since a long time anyways

September 17, 2024
Unprompted review
Rated 1 out of 5 stars

THIS IS A FRAUD!

THIS IS A FRAUD - 100% OF DEFAULT!! Stay far from this site.
I invested in more than 10 different project rated as low risk and they all went default. The response of the crowdestate team were simply non professional and useless. this is a fraud! Stay far!

August 28, 2024
Unprompted review
Crowdestate logo

Reply from Crowdestate

Dear Florian,

We’re sorry to hear about your experience and understand your frustration. Crowdfunding platforms operate in a unique space where risks are inherent, and while we strive to conduct thorough due diligence, no investment is risk-free. Even 'low risk' projects can face challenges, as unforeseen factors like market shifts and external economic conditions can affect their success. Crowdfunding is designed to offer investors the opportunity to support and participate in real estate projects with a higher risk/reward profile, rather than guaranteeing returns.
We take the recovery of non-performing or defaulted loans seriously and are actively working to resolve them. Should you have any questions, please contact our support team.

Thank you,
Crowdestate

Rated 1 out of 5 stars

Do not trust this company!!!

Do not trust this company!!!
I have made investments since april 2023, the payments are not been made. Every month they adjust the deadline for payment, but nothing happens.

August 1, 2024
Unprompted review
Rated 1 out of 5 stars

No customer service and no info about delay for 6 months and more

After different time I invested in, there are all projects in delay but what I really dont like Is to contact the customer service and NO ANSWER A for couple of weeks: project without updating for many months...

Objective situation:
Warehouse in Rua Guarani, Santa Maria da Feira?
Ausekļa iela 4–15, Rīga (I)?
Corga, Cadima, Cantanhede (I)?
Rua Cónego Gonçalves Salvador, Cantanhede?

If I think that 2 years ago Crowdestate was my favorite one and I invested around 20k€...! Due Diligence Is very low level...very sad

April 12, 2024
Unprompted review
Crowdestate logo

Reply from Crowdestate

Thank you for your review. We understand your frustration Giovanni and are sorry that your investment portfolio is out of shape. Please be assured that we are working on improving our communication and service and are committed to ensuring more timely communications to our investors on problematic investments. We are working case-by-case with each borrower to find the ultimate solutions. All of our investments are reviewed under a stringent due diligence process. Also, they are subject to risks. It is important to note that not all borrowers have encountered problems paying their obligations and there are projects with no delays.

Thank you,
Crowdestate

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