Pre-opening | Trusters Finances the Conversion of an Office into 5 Homes in Padua (Italy)

21/09/2026 – ⏱ 3 min

This article is for informational purposes only and does not constitute investment advice or a recommendation of any kind.

Italian platform Trusters is preparing a loan campaign for the Martini group — Martini Opere Srl, Martini Luxury Srl and Borghese Srl — to finance part of the purchase and the full conversion of an office of around 335 sqm gross in Padua into five homes. It should be remembered that any reference to return is inseparable from the corresponding risk, which is set out below.

The annual rate depends on the amount invested: 11.00% from €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. Investments made during the pre-reservation phase add one extra point from €1,000. This estimate is subject to investment risk and is not guaranteed; the fact sheet presents it as a "minimum return", which should not be read as a guarantee. The loan term is 15 months and the minimum investment €250. The platform gives the group an internal A rating.

The fact sheet does not state the total amount to be raised, the type of security backing the loan, or a valuation or loan-to-value ratio. These are essential figures that investors should verify in the contractual documentation before committing funds.

Asset description, construction progress and sales traction

The property occupies the first floor of a mixed-use building between Via Nicolò Tommaseo, Corso del Popolo and Via Trieste, facing Piazza Alcide De Gasperi, close to the station and the university campuses. The project changes the use from office to residential and creates a studio of around 51 sqm, three two-room flats of 58 to 65 sqm and one three-room flat of around 102 sqm, plus two parking spaces. It is authorised by a notice of commencement of works (CILA). The purchase has been made by taking over another company's preliminary contract and the final deed is still pending, so the borrower is not yet the full owner of the property.

Two of the five units have signed purchase offers, which the fact sheet also describes as reservations; these are not completed sales. Delivery is expected in September 2027. The wording of the term is ambiguous: the fact sheet speaks of 15 months "from completion of delivery", whereas the expected delivery falls before that maturity.

Financial structure, coverage ratios and security

The group also acts as builder and general contractor, and the works budgets are based on known price lists. According to the platform, it has repaid more than €3,000,000 in principal and interest across nine previous operations; the principal listed sums to €2,868,350, and a €500,000 operation in Fiesso d'Artico is still ongoing. The figure attributed to Borghese Srl appears as "€998,350,000" through a typographical error; the correct amount is €998,350.

Non-sophisticated investors have a four-calendar-day pre-contractual reflection period to revoke their offer without penalty. This is a crowdfunding product, not a deposit or a guaranteed savings product. It carries risks of illiquidity and of total or partial loss of principal. It is not supervised by the CNMV or the Bank of Spain, and has no cover under Directives 2014/49/EU and 97/9/EC. Investors may not recover the capital contributed.

Realty Investor

Your real estate crowdfunding in one app.

Discover new opportunities. Invest through leading platforms. Manage your entire real estate portfolio from a single place.

The Realty Investor beta is now available. Explore the market, discover new projects and get familiar with the platform using simulated money, without committing capital.

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

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.