BDKapital: everything you need to know before investing
– ⏱ 3 min
The eight deals BDKapital has closed over the past year have two things in common: they are all in the Canary Islands and none of them closed on the same day it opened. While the large platforms fill many of their rounds before a good share of investors even get to open them, this Canary Islands platform works at a different pace.
It is a small and very local platform, and that is precisely why it is worth looking at on its own terms rather than by the standards of the big players.
What it is and under what supervision it operates
BDKapital is a real estate crowdlending platform: a company that pools the contributions of many retail investors to lend them to developers who build or refurbish housing. The investor contributes a small amount, the developer undertakes to repay the loan with interest within the agreed term, and each investor receives their corresponding share.
Because it is a loan and not an equity stake, the investor does not become a shareholder or share in the final profit from the sales: their return is limited to the agreed interest rate even if the development performs better than expected and, in exchange, they have repayment priority over the shareholders.
BDKapital is the brand of Business Dream Factory PSFP, S.L., based in Las Palmas de Gran Canaria. It was founded in 2017 with Canary Islands capital and, although it has also published deals from companies in other sectors, today it focuses mainly on loans to residential developments on the islands. Since April 2024 it has been authorised by the National Securities Market Commission (CNMV) as a crowdfunding service provider, with number 23 in the register.
Its activity, in figures
At Realty Investor we keep our own record of the offerings published on the European market. Between November 2025 and October 2026, these are its figures.
Small and very local. Eight deals closed, at a pace of fewer than one a month, and €4.9 million raised, far from the more than €150 million raised over the same period by each of the two largest Spanish platforms. Seven are in Gran Canaria, between Las Palmas de Gran Canaria and San Bartolomé de Tirajana, and one in Fuerteventura, with a median raise of around €550,000.
Rounds lasting several days. The fastest deal was completed overnight and the slowest took eighteen days; most needed five days or more, whereas across the market as a whole the median round is filled in a few hours.
Few investors and high tickets. The median deal brought together 178 participants, with an average ticket of around €3,500, considerably higher than that of the mass-market platforms.
Stable interest, somewhat below the market. The interest rate barely varies from one deal to another: 9.5% nominal per year, around 9.9% expressed as an APR, below the 11% median for the market. The median term was 18 months, compared with 15 for the market, with repayment generally scheduled at maturity.
LTV in line with the market. The median LTV, which relates the amount lent to the value of the asset, stands at around 54%, practically the same as the market's, in a range from 23% to close to 70%.
Repeat developers. At least three of the eight deals belong to the same developer, including the second phase of one of its projects, and another had already financed two previous deals with the platform.
According to industry sources, its activity has grown gradually, from two projects in 2021 to six in 2023 and another six in 2024.
What investing in BDKapital is like
The minimum investment is €500, or €250 in some projects, and the platform charges investors no fees: its revenue comes from the developer. Funds are channelled through the payment institution Lemonway, into an account in each investor's name and, depending on the project, the guarantees may include a first-ranking mortgage registered in the name of a security agent.
There is no secondary market and no automatic investment tool, so the capital remains invested until the project repays, within an expected term that is usually around a year and a half and that, as in any development, may be extended if construction or sales are delayed. The concentration in the Canary Islands, for its part, explains its specialisation and, at the same time, ties the portfolio to the performance of a single regional market.
These are features inherent to this type of asset and to a specialised platform, and knowing them in advance is what makes it possible to put each deal in context.
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Realty Investor data on the deals published between November 2025 and October 2026, compiled from our own market record and not from the platform's full history. Only deals whose funding round has already closed are included, and those opened in several tranches are counted as one. The evolution in the number of projects in previous years comes from industry sources, and the conditions for investors from information published by the company and by industry sources.
Informational and educational article. It does not constitute financial, tax or investment advice, nor a recommendation regarding any project or platform. Realty Investor is not a crowdfunding service provider. Investing in crowdfunding involves the risk of total or partial loss of capital, of not obtaining the expected return and of illiquidity, and is not covered by the Deposit Guarantee Fund or the General Investment Guarantee Fund. Past returns do not guarantee future returns.