One accountable sponsor, checked by independent parties.
The project is sponsored by Pedro Correia. Everything a bondholder relies on, from the valuation to the audit to holding the mortgage, will be done by independent, named parties.
Pedro Correia
Owns and manages 15 rental apartments in Portugal and runs short-term rentals in Vilamoura, with nine years of hosting. The property business, which covers long-term letting, yield and tax optimisation, and buying and selling advice, is at realestate.pedrocorreia.org.
Pedro's operating company will manage the homes for a cost-based fee and co-invest 5% alongside the community, on the same terms.
Write to us
housing@pedrocorreia.org
For investors, prospective tenants, building sellers, councils and impact funders. We reply personally.
We cannot give investment advice, and nothing is on sale yet.
The independent roles.
Each will be named here once a contract is signed. Until then we will not list firms we are only talking to.
| Role | Why it matters to you | Status |
|---|---|---|
| Portuguese counsel | Signs off the structure, bond terms and what we may say publicly | To appoint |
| Licensed crowdfunding platform (ECSP) | Runs the offer, your identity checks and the appropriateness test; holds money in escrow | Shortlisting |
| Tokenization provider | Issues the bond token, keeps the register, handles payouts and wallet recovery | Shortlisting |
| Bondholders' representative | Holds the mortgage on your behalf and acts if the company defaults | To appoint |
| Statutory auditor | Audits accounts, occupancy and tax-regime compliance every year | To appoint |
| Independent valuer | Values each building before purchase and every year | To appoint |
| Impact anchor | Funds the €1M first-loss tranche at 0% | To approach |
How the sponsor is paid, in full.
- Management fee: cost-based, disclosed as a related-party service.
- Co-investment: 5% of each raise, same terms as the community.
- Performance share: 20% of distributable cash above a 3% payout to holders. Below 3%, nothing.
- No free tokens and no pre-mine.
- Independent checks on everything the sponsor reports: valuation, accounts, occupancy and compliance.