Regulated Online Investment Platform Twino Launches Short Term Rental Option for Income Investors

Twino, an online investment platform based in Latvia, has announced the launch of short-term rental investment assets.

Twino is licensed and supervised by the Bank of Latvia. The company is best known for its European peer-to-peer lending services. The company has been in business since 2015 and reports over 20,000 retail investors from 30 different European countries. Twino is controlled by a single investor – Armands Broks.

Twino previously announced its intent to offer more investment products, and today they are revealing equity-based Real Estate Securities – a product that aims to provide access to income-generating short-term rental properties.

Helvijs Henšelis, Chief Executive Officer and Chairman of the Management Board of Twino, said they are opening up more opportunities for investors from all socioeconomic backgrounds to invest in asset classes that were previously available to few.

“Our new product provides the benefits of rental apartment ownership without the high capital requirements, time commitment, and challenges associated with real estate acquisition and management that have traditionally been a barrier to this type of investment from an investor perspective.”

Individuals may participate in the offerings at a minimum of €100.

Twino notes that it handles all aspects of property acquisition, rental, and management, allowing investors to enjoy a truly passive investment experience.

Henšelis adds that these types of investments are “relatively new across Europe” but are becoming more attractive. In contrast to debt securities, the investor purchases ownership in the property with the expectation that dividends will be generated from the rental income.

The first real estate offering in a short-term rental is for two new residential projects in Riga; the ‘Hoffman Rezidence’ in Klīversala. Apartments for rent can be booked on short-term rental platforms “booking.com” and “airbnb.com.”