Pre-opening | Trusters funds the completion of five terraced houses in Desenzano del Garda (Italy), backed by a parent-company guarantee

15/09/2026 – ⏱ 4 min

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

The crowdfunding platform Trusters is preparing a new real estate crowdlending campaign in the Italian province of Brescia. The raise is intended to finance the completion of five terraced residential houses in the San Pietro area of Desenzano del Garda. The loan is granted to the company IMMOBILIARE CLM SRL and is backed by a specific guarantee issued by its parent company, M. GROUP SRL. Investors should keep in mind that any reference to return is inseparable from the corresponding risk, which is described below.

The expected repayment term is 15 months. Remuneration is tiered according to the amount invested: 11.00% per annum for contributions of €250 to €999; 11.50% from €1,000 to €4,999; 12.00% from €5,000 to €14,999; and 12.50% from €15,000. An additional one percentage point, labelled Early Bird, is added to the three upper tiers, which the platform applies only to investments made during the pre-reservation phase. All these reference returns are subject to investment risk and are not guaranteed. The published offering does not specify the target amount of the raise, the opening date and time of the campaign or an internal credit rating, points the investor should verify in the contractual documentation and in the key investment information sheet before committing funds.

Asset Description, Planning Progress and Project Structure

The project comprises five terraced houses across two above-ground floors plus a basement. The scope of the transaction warrants precision: the proposing company acquired the land for the construction of four villas, while the fifth unit will be built by IMMOBILIARE CLM SRL on the adjoining plot under a specific contract. All five units are covered by the same building permit, but the transaction's business plan relates exclusively to the four villas built on the proposing company's land.

The building permit has been obtained and works are under way. According to the documentation, the foundations, the basement and the first floor slab are complete, while the slab between the ground and first floors is under construction. The villas sit on a buildable area of approximately 1,490 square meters and each will have a usable area of around 150 square meters across three levels: a living area with open-plan kitchen and a bathroom on the ground floor, bedrooms and a bathroom on the first floor, and a double garage in the basement. All units will have independent entrances, private outdoor spaces, porches or pergolas, terraces and balconies.

On energy performance, the homes will be built to class A certification and will include an air-to-water heat pump, underfloor heating, a photovoltaic system and pre-installation for cooling.

The scheme is in the San Pietro district of Desenzano del Garda, a residential area close to the town centre, at the lower end of Lake Garda beside the morainic hills. The location allows the centre of Desenzano, the lake, the railway station and the main roads to be reached within a few minutes.

Security Structure, Developer Profile and Market Context

The transaction's cover is not a mortgage over the asset but a specific guarantee issued by M. GROUP SRL, the borrower's parent company. Investors should bear that distinction in mind: recovery of capital does not rest on a registered security interest over the properties, but on the commitment of a company within the same group, with that entity's solvency as the reference point.

IMMOBILIARE CLM SRL has operated since 2015 in the general construction sector, with its registered office in Brescia and operational base in Montichiari, and this is its first transaction on the Trusters platform. It is led by its sole director, Mirko Viola, with more than ten years of experience in the sector, and works in the construction, maintenance and refurbishment of residential and non-residential properties, as well as in property development and infrastructure projects, acting as general contractor and directly managing the various phases of its projects. The company also maintains a collaboration agreement with M. Group Srl, likewise owned by Mirko Viola and active since 2014 in construction and energy retrofitting.

On market context, the documentation notes that residential values in Desenzano and its surroundings recorded an increase of approximately 4.0% year on year in August 2026, while in the area classified as inland, which includes San Pietro, growth stood at around 5.6% against the previous year. The platform describes demand oriented towards smaller villas, detached homes and properties with gardens in settings with green space. It should be recalled that past price movements are not a reliable indicator of future market performance or of the outcome of this transaction.

In compliance with the European crowdfunding framework, it is recalled that non-experienced investors have a four-calendar-day pre-contractual reflection period during which they may revoke their investment offer without justification or penalty. This is a crowdfunding product and not a deposit or a guaranteed savings product. Real estate investments carry risks of illiquidity and of total or partial loss of principal; this vehicle is not supervised by the CNMV or the Bank of Spain, and lacks the coverage of the deposit guarantee scheme provided for in Directive 2014/49/EU and of the investor compensation scheme provided for in Directive 97/9/EC. Investors may not recover the capital contributed.

Realty Investor

Gathering platform data month after month and comparing it against homogeneous criteria is precisely the work we are automating at Realty Investor, an application that brings together real estate crowdfunding and crowdlending opportunities in a single environment, with verified information and comparable metrics.

You can already try it: our beta is open, and in it you invest with simulated money, without putting up capital, so you can get to know the market and become familiar with the tool before the version with real investment arrives in a few months.

Download the beta and start following European real estate crowdfunding from a single application.

Realty Investor

Your real estate crowdfunding, in one app.

Discover new opportunities. Invest through leading platforms. Manage your whole property portfolio from a single place.

The Realty Investor beta is now available. Explore the market, discover new projects and get to know the platform with simulated money, without putting in any capital.

Download the beta and start discovering a new way to manage your real estate investments.