Raizers takes 37 days to raise 1,130,000 € to turn an old Haute-Savoie farmhouse into five homes

27/10/2026 – ⏱ 2 min · By Realty Investor Editorial Team

None of the five homes has been reserved yet, and the loan is repaid over twenty-four months at an interest rate of 11 %

This article is for informational purposes only and does not, under any circumstances, constitute investment advice or a recommendation.

Thirty-seven days. That is how long Raizers needed to raise the 1,130,000 € for the conversion of an old farmhouse in Peillonnex (Haute-Savoie), at a pace of 21 € per minute. 248 investors took part, with an average ticket of 4,556 €.

It is the slowest campaign we have recorded on the platform this autumn: at the start of October Raizers closed an almost identical amount, 1,150,000 € for the ARKEO Residence in Luxembourg, in eighteen days.

The project is on chemin de Tinjod, in a municipality of 1,400 inhabitants half an hour from Geneva. The borrower is MYK Construction Promotion, led by Yakup Kozak, who has developed five projects in the Geneva basin since 2019 and repaid two of the three financed by Raizers ahead of term.

The works will extend the building from 170 m² to 598 m² on a 1,396 m² plot, to create five flats of three to five rooms. The permit was obtained on 9 July and the project aims for an A energy rating. None of the five homes has been reserved: they will be sold through CapiFrance, which will charge 3 % of turnover, for a combined value of 2,086,000 €.

The operation is a loan: investors lend the money to the developer through the platform, which repays it with interest within the agreed term, here twenty-four months at 11 % per year. Six months of interest are withheld and paid out in the two months following the allocation, with the rest arriving at maturity; each sale will repay part of the loan ahead of time. The security is a first-ranking mortgage in favour of Raizers on behalf of the lenders, plus the manager's personal guarantee. The developer is putting in 258,000 € of its own.

The information sheet never published the amount, only ratios. Two of them now check out: the 1,130,000 € is 54 % of the sale value, and the developer's 258,000 € is 19 % of the 1,388,000 € that loan and contribution add up to. What does not fit is its claim that the loan covers 100 % of the cost.

Investing in real-estate crowdfunding carries the risk of losing part or all of the capital: the money is locked up until maturity, returns are not guaranteed and there is no deposit guarantee fund cover. Here repayment depends on selling five homes that do not yet have a buyer. Non-sophisticated investors have four calendar days to withdraw their investment offer without penalty.

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