What is InRento?
InRento is a crowdfunding platform for property loans, based in Vilnius and operating since 2020. Investors lend through it to companies that buy, renovate, convert or run buildings, and each loan is secured by a first-rank mortgage on the property. The projects sit in eight European countries, most of them in Lithuania and Poland.
How does InRento work?
InRento arranges loans from investors to the company behind each project, which InRento calls the project owner, and you lend under a loan agreement as one of its lenders. No company stands between you and the project owner, per the key information sheet of the Hotel Admiral loan, and InRento signs the agreement and the mortgage as the lenders’ representative.
Your money sits in an account in your own name at Paysera or Mangopay, the two payment institutions InRento works with, until you invest. Once a project is fully funded and its mortgage is in place, the money goes to the project owner, and interest runs from then, paid monthly into your account. Each loan is secured by a first-rank mortgage on the property.
InRento earns from fees the project owner pays and from part of the interest, which the loan agreement lets it keep.
What you can invest in
InRento offers one kind of investment, a loan to a property project, from €500 a project. What you own is your share of the loan, a claim on the project owner that the mortgage secures, not a security, so no prospectus describes it and no custodian holds it for you. On the projects listed in August 2026, each loan paid fixed interest monthly and its principal at the end, after 12 to 24 months, with a capital gain paid alongside the principal, either a fixed 1.5% a year or a share of the project’s profit.
The rate rises with the amount you invest. On the Hotel Admiral loan, investments under €5,000 earned 10.25% and investments of €100,000 or more 11.5%, while the project owner paid 11.5% on all of it. Investors with more than €50,000 on the platform, whom InRento calls Premium investors, also see new projects before everyone else and pay a lower fee to sell on the secondary market, per InRento’s 2024 announcement. Some hotel and resort projects add free nights in the property for larger investments, which InRento calls Timeshare, one night from €15,000 and two from €30,000 on Hotel Admiral.
The marketing says buy-to-let. The loan I read in full is closer to secured bridge lending. Hotel Admiral’s project page calls it “a new buy-to-let investment opportunity”, and the plan it describes is to buy a hotel in Gdansk, convert it into an aparthotel and repay investors from the sale of its apartments. That’s not a criticism, it’s a classification. It makes the questions that matter lending questions, about who holds the mortgage, what the property is worth if the plan fails, and what happens when a borrower stops paying.
What return can you expect on InRento?
While InRento’s homepage advertises an average annual return of 11.56%, the median InRento investor on P2P Dash has earned 8.9% a year including cashback, across 63 portfolios, as of November 2026.
InRento’s rates hold, and three things take its investors’ median below the 11.56%:
- cash waiting for projects, a median 7.8% of InRento investors’ money on P2P Dash and about 0.9 points of return, because InRento has no auto-invest and a project can fill in about an hour, as its first Italian one did in 2025
- the size of your investment, because an investment under €5,000 earns the bottom of a project’s rate range, up to 1.25 points below the top on InRento’s Hotel Admiral project
- Lithuania’s withholding tax, 15% of non-residents’ interest or 10% for residents of most EU countries who send a treaty form, about 1.2–1.7 points of 11.56%
The projects InRento listed in August 2026 offered 9.25% to 11.5% a year in fixed interest, and InRento charges no fee for investing. No InRento loan was in default by InRento’s own definition, which starts at 90 days overdue, though InRento took two late Polish loans into recovery in September and October 2026.
InRento is tied for the 12th-highest Returns score of the 21 platforms I’ve reviewed, 3.5 out of 5. The score rests on what investors kept last year and this year, not on advertised rates and not on the risk of losing money, which Is InRento safe? covers.
Is InRento safe?
InRento’s terms keep your loans in force if InRento fails, and each loan has a first-rank mortgage, but no InRento mortgage has been enforced as of October 2026, so what one returns in a default is untested. InRento has no buyback, so a late loan stays yours until it’s repaid or its mortgage is enforced. What stands between you and a loss is what the property fetches in a forced sale, after InRento’s fees, and how long the sale takes. InRento’s statistics page counted no defaulted loan and no principal late among 207 loans on 30 October 2026, with €58,755 of interest late, and two Polish loans went into recovery in autumn 2026. The risk in the assets you hold remains fully yours.
InRento is tied for the third-highest Safety score of the 21 platforms I’ve reviewed, 3.3 out of 5. The score rests mostly on how InRento is built, with a licence, your money held in your own name at a payment institution, mortgages registered for investors at about half the property’s value or less on the three loans I checked and an audited, profitable operator, held back by a book concentrated in two countries and, on Hotel Admiral, a guarantee from the borrower’s own group. It rests partly on a record of no losses in which no recovery has yet been completed and no mortgage enforced.
Is InRento regulated?
Yes, InRento is regulated as a crowdfunding service provider in Lithuania. UAB Inrento, the company you contract with, has held a European crowdfunding service provider licence from the Bank of Lithuania since 10 November 2023, and the register lists no sanction against it. InRento is one of 6 of the 21 platforms I’ve reviewed licensed under the EU’s crowdfunding regulation, ECSP, as of September 2026.
The licence covers arranging loans, scoring projects, suggesting their interest rates and running a bulletin board where investors resell loans. It doesn’t include the individual portfolio management of loans, the crowdfunding service under which a platform places an investor’s money in projects itself, on a mandate from that investor. No deposit-guarantee or investor-compensation scheme covers your money on InRento, as its own pages say.
What happens if InRento fails?
Your loans on InRento stay in force if InRento itself fails, because its terms say its liquidation or bankruptcy leaves the loan agreements in force as if they had been concluded without it. Its FAQ adds that InRento’s insolvency doesn’t in itself end the loan agreement or the mortgage, though administering the loans could be delayed, and that its business continuity plan hands them to a “designated loan administrator”. Neither document names that administrator or says how it would take over InRento’s place as the lenders’ representative on each mortgage.
Your uninvested cash sits in your own account at Paysera or Mangopay, not with InRento, and InRento’s FAQ says client funds are kept separate from its own. On its way to a project owner, though, the money passes through a project or escrow account, which the Hotel Admiral contract names as InRento’s own escrow account at Paysera, and InRento’s documents don’t set out what would keep money there out of InRento’s estate if it failed at that moment.
For 2025, UAB Inrento reported revenue of €3.0 million, a net profit of €958,000 and equity of €1.4 million, with five employees on average and a clean audit opinion. It administered an active loan portfolio of €92.8 million on 30 September 2026, per its Q3 2026 update.
Borrowers
InRento’s borrowers are the companies behind its projects, in eight countries as of October 2026. Lithuania held 44.6% of the €136.0 million InRento had funded by 30 October 2026 and Poland 36.6%, together 81%, followed by Romania with 6.8% and Finland with 4.9%, with Italy, Latvia, Ireland and Spain making up the rest, per its statistics page. By property type, homes made up 47.5%, hotels 26.9% and commercial property 18.2%. InRento doesn’t invest in the projects it lists, per its conflict-of-interest policy.
The Hotel Admiral borrower is SOP PROJECT 2, a Warsaw company created for this deal, owned 90/10 by two individuals and guaranteed — jointly, severally, with all their assets — by two companies registered at its own address. The key information sheet shows the borrower’s financials as “not applicable” across all three years. A borrower with no trading history is the designed pattern here, and InRento’s own rules require full guarantees for companies with less than two years of accounts. The same sheet says the owner “is not part of a group of companies” and, a section later, that it “operates within the RE Partners structure”, and RE PARTNERS Sp. z o.o. is one of the two guarantors. The guarantee is support, but not independent support.
Mortgage
InRento’s loans are secured by a first-rank mortgage on each project’s property, per its FAQ. InRento registers each mortgage as the lenders’ representative, and its terms also allow other collateral, such as a surety, project by project. Investors aren’t named in the register, but the loan agreement makes them the creditors the mortgage secures, and the FAQ says the mortgage is held for their benefit. That representative clause is the most important one I read in the loan agreement, because the mortgage backs your claim even though the register shows only the platform.
On Hotel Admiral, a maximum mortgage of €10 million secures the €5 million loan, and before any money is paid out the borrower and both guarantors must sign acts under Article 777 of the Polish civil procedure code, which let the debt be enforced without a court case to establish it first. The property must also be insured before payout, and the contract caps the debt at 50% of the property’s value. InRento’s FAQ caps any loan at 70% of the property’s value when it is made.
The loans I checked stood well inside that cap. Hotel Admiral’s €5 million was 48% of a €10.5 million valuation, with €1.65 million of the owner’s own money in the project, the A32 loan in Katowice 53%, per InRento’s announcement, and the Havet Hotel loan up to 35%, per its project page.
The Hotel Admiral valuation assumes the exit. It prices the hotel as an aparthotel, with its 44 rooms, two restaurants and spa each valued as a separate unit, which is the business plan, not the hotel as one building. The 48% loan-to-value is measured against the plan succeeding.
I could also watch the machinery mid-motion, because the project page gives logged-in investors the land register extract. For Hotel Admiral, funded by 1,066 investors and signed on 14 August 2026, the extract dated 24 August still showed the seller’s bank mortgages on the title and InRento’s mortgage not yet registered. Publishing the document as it stood is to the platform’s credit. Investors’ money is committed while the security is still being built, and interest starts only once the mortgage is registered. The window is real, and you carry it unpaid.
Defaults and recovery
InRento’s statistics page counted no defaulted loan among the 207 it had funded by 30 October 2026, with no principal late and €58,755 of interest late, up from €21,765 on 28 August.
The record’s strength first. It covers more than five years of monthly payments, €36.6 million of principal repaid and 99% of realised projects repaid ahead of their maximum term. The 2022–23 rate rise passed through the book without a loss, and in January 2024 InRento indexed the interest on €6.3 million of loans to inflation. When the A32 loan in Katowice was repaid late because of the notarial process, its 390 investors received €10,658.60 in late-payment penalties on €350,000 by 11 September 2026.
Now the boundaries. No InRento loan has yet been through a mortgage enforcement, so the record shows how InRento chose its borrowers, not what its security returns. InRento’s Q3 2026 update named two Polish projects whose interest payments were late. Harfowa 10 in Warsaw stopped paying interest after a failed sale of the property, and in September InRento gave notice terminating the loan and demanding repayment, with mortgage enforcement among its possible next steps. J48 in Lodz missed a payment after its planned sale was delayed, and InRento started formal recovery of the overdue interest and penalties on 1 October. The statistics page still listed no loan in default and €0 in recovery on 30 October.
Default on InRento means more than 90 days overdue on a significant obligation, or a borrower InRento judges unlikely to pay without the collateral being sold. Significant meant €20,000 or more in the August table, and by 30 October 2026 InRento had raised it to €20,000 or 4% of the loan, whichever is higher, so on a €5 million loan like Hotel Admiral’s, the 90-day test now starts at €200,000 overdue instead of €20,000.
Most of InRento’s zero is also young. InRento took more than five years to fund its first €50 million and less than a year to fund the next €50 million, per its Q2 2026 update, and 73% of the €136.0 million it had funded was still outstanding on 30 October. Its own risk scale puts 186 of the 207 loans in class B, the second of five, and forecasts 0% defaults for every class, so the grades say little about which loans carry more risk.
The record also has a perimeter. In March 2022 InRento merged with EvoEstate, an Estonian aggregator, announcing over 12,000 investors between them and that the aggregator would “in the long run” be “integrated into InRento completely”. The integration happened for the platform. It didn’t happen for the claims. When EvoEstate investors asked on Trustpilot where their money was, InRento’s reply of August 2025 drew the line, saying that “the administration of outstanding claim rights remains under EvoEstate OÜ”. EvoEstate OÜ has had no revenue since 2024 and no employees, and its register contact address is InRento’s own inbox. Its owner since December 2025 is UAB Rikanus, a Vilnius company whose manager is Gustas Germanavičius, InRento’s founder, who also sits on EvoEstate OÜ’s board.
Fairness requires the other half. EvoEstate was an aggregator, so the claims its investors report stuck sit in other platforms’ projects, not in anything InRento made or checked. This isn’t a credit failure. In my assessment, it’s a governance choice. The acquired book’s servicing lives in a company with no revenue, outside the statistics, with InRento’s founder on its board. The EvoEstate arrangement is the finding I’d most want InRento to address, not because it touches the loan book, which it doesn’t, but because how a platform treats the investors of its last acquisition is evidence about its governance.
Conflicts of interest
InRento has five conflicts of interest with its investors, set out in its loan agreement, its terms and the company registers.
- InRento keeps part of the interest the borrower pays. On Hotel Admiral the project owner pays 11.5% on the whole loan, investors earn 10.25% to 11.5% depending on how much they invest, and the agreement gives InRento “the right to retain, for its own benefit, the difference”. A 7.5% platform fee also comes off the loan before the owner receives it, so the owner nets about €4.63 million, owes interest on €5 million and also pays a fixed 1.5% a year in capital gains. The contract shows the margin rather than leaving you to estimate it. The smaller your investment, the larger the share of the borrower’s interest InRento keeps.
- InRento is paid first when a borrower pays late. The loan agreement applies a late borrower’s payments to InRento’s fees first, then to penalties, interest and principal, and charges the borrower a €500 fee, paid to InRento, for each missed deadline. Money recovered after a default reaches you after deductions, per InRento’s FAQ.
- InRento can take over your claim when it terminates a loan. The loan agreement lets InRento, at its sole discretion, take over the lenders’ claims automatically and without their separate consent, on terms it doesn’t set out, or act as their representative in recovery.
- InRento can change its terms on its own. New terms take effect on the date InRento sets, corrective changes need no notice, fee changes come with 14 days’ notice, and using the platform afterwards counts as accepting them. An objection lets you terminate the platform contract, and the loans you already hold stay in force. Changes to the loan agreement’s general terms apply only to loans signed after them.
- InRento’s founder manages the company that owns EvoEstate’s claims administrator. The arrangement is set out under Defaults and recovery.
How do you use InRento?
You use InRento in five steps, from signing up to choosing a project.
- Sign up with your email address and a password, then add your name, phone number and country of tax residence.
- Verify your identity with Ondato, which InRento requires before you can add money.
- Choose Paysera or Mangopay to hold your money, which with Mangopay meant a second passport check in my sign-up.
- Add money by bank transfer from an account in your own name at a bank in the EU, or by card through Mangopay.
- Choose a project and invest at least €500 in it.
InRento is tied for the second-lowest Usability score of the 21 platforms I’ve reviewed, 3.0 out of 5. The score rests on InRento’s tools for investing by hand, with project pages that carry each loan’s documents, portfolio pages that break down your return and export your upcoming payments, an annual income statement for your tax return and an optional two-factor login. InRento has no auto-invest as of October 2026, so you choose each project yourself, and its licence doesn’t cover investing for you. The account area also has no page for the agreements you’ve signed.
Opening an account
InRento verifies your identity through Ondato before you can add money. I registered on the evening of 28 August 2026, and about 12 minutes passed between starting the sign-up at about 20:41 and the “account is ready” email at 20:53, with Ondato’s photo check done by 20:45. The one rough patch is a double verification. After Ondato’s quick photo flow, Mangopay, the payment institution I chose, required a separate passport upload that sat on “Reviewing the document” long enough that I assumed it had failed. It hadn’t.
Deposits
Depositing on InRento is free by bank transfer and costs 2% by card through Mangopay. A bank transfer has to come from an account in your own name at a bank in the EU, per InRento’s FAQ. When I opened the deposit form on 2 September 2026, without depositing, it offered a wire transfer or a card, with a note that a card adds transfer fees.
Tax reports
InRento gives you an annual income statement for your tax return, in the Taxes section of your account. On 2 September 2026 my account’s portfolio pages also broke a net return down into interest, capital gains, penalties, tax withheld and secondary-market profit and fees, and the Upcoming payments tab exported a CSV of expected payments. The Taxes section had no upload for the DAS-1 form that lowers the withholding, which goes to InRento by email. Each project’s page holds its loan agreement documents, and the account has no page that collects the agreements you’ve signed.
Support
InRento’s support runs through a contact form, a phone line and email at info@inrento.com, which no support contact of mine has tested. A complaint gets an answer within 15 business days under its complaints policy, per its FAQ, and the site publishes no support hours and has no chat.
How fast can you get your money out of InRento?
You can withdraw uninvested cash from InRento for free, though InRento publishes no processing time. Invested money comes back when its loan is repaid, at the end of a term of 12 to 24 months on the projects listed in August 2026 and often earlier, since 99% of InRento’s realised projects repaid ahead of their maximum term, or sooner if another investor buys your loan on the secondary market. Money in a loan that goes late waits on recovery, which InRento’s FAQ says can take from several months to several years.
InRento is tied for the fourth-highest Liquidity score of the 21 platforms I’ve reviewed, 3.0 out of 5. The score rests on InRento’s published terms, since my account has held no money, with a working secondary market that charges the seller 2% weighed against loans that repay their principal only at the end and a market of about 60 offers when I looked on 2 September 2026.
Withdrawals
InRento withdrawals are free and go to your bank account, with no processing time published. With Mangopay you withdraw from InRento’s portfolio page, and with Paysera you transfer the money from your Paysera account in Paysera’s own app or website, per InRento’s FAQ. When I opened the withdrawal form on 2 September 2026, without funds, it first asked me to register a postal address, and then for the amount and the bank account.
Secondary market
The InRento secondary market is where you sell your loans to other InRento investors before they’re repaid, for a 2% fee on each sale, paid by the seller. You set the price as a discount or a premium on the principal, and a listing runs for up to 10 days before you have to post it again. InRento’s FAQ calls the market a bulletin board with no guarantee of a buyer, and its terms let InRento restrict or suspend it without liability and bar transferring a loan outside the platform without InRento’s written consent.
On 2 September 2026 the market held about 60 offers across 25 projects. The detail that surprised me is that no listing asked less than face value. Typical premiums ran 3–5%. One listing asked a 15% premium and one asked face value. No listing that day showed what a loan in trouble would sell for.
Closing your account
You can close your InRento account by email to info@inrento.com once you hold no loans and your balance is zero, per InRento’s FAQ. Until then, your way out of a loan is a sale on the secondary market or its repayment, and with Mangopay you first move any balance to your bank account.
What fees does InRento charge?
InRento charges no fee to deposit by bank transfer, invest or withdraw. Selling a loan on the secondary market and paying in by card through Mangopay are the charges you can choose, and the only one for doing nothing is Mangopay’s, on an account left unused for two years.
InRento fees and costs | Deposit fee | Free by bank transfer from any EU account · 2% by credit or debit card (Mangopay) |
| Investment fee | Free |
| Early exit fee | 2% secondary market fee, paid by the seller · 1.5% for Premium investors |
| Withdrawal fee | Free to your linked bank account · no processing time published |
| Currency conversion | EUR-only platform all investing and payouts run in euros |
| Inactivity fee | Free no platform fee · Mangopay charges €30/year after 2 years without transactions |
| Withholding tax | 15% Lithuanian withholding on interest · 10% with a DAS-1 treaty form, 0% for UAE, Cyprus, and Latvia residents |
InRento earns from the project owner, through a platform fee of 3.5% to 9% of the loan and the part of the interest it keeps, and the key information sheet’s investor fee table showed zeros in every row.
Pros and cons
What InRento does well
- InRento registers each loan's mortgage for its investors, with itself only as their representative. The Hotel Admiral loan agreement names InRento as the lenders' representative in the mortgage, and InRento's FAQ says the mortgage is held for the investors' benefit.
- The three InRento loans I checked were secured by first-rank mortgages at about half the property's value or less. They stood at 35% to 53% of their valuations. On Hotel Admiral in Gdansk, the owner also put €1.65 million of its own money into the project beside the €5 million loan, though that valuation assumes the owner's plan to sell the hotel as apartments.
- Your uninvested money on InRento sits in an account in your own name at a licensed payment institution. You choose Paysera or Mangopay when you sign up, and InRento itself holds a European crowdfunding licence from the Bank of Lithuania.
Where InRento disappoints
- No InRento mortgage has been enforced as of October 2026, so what one returns in a default is untested. Two Polish loans went into recovery in autumn 2026, one of them after its owner failed to sell the property.
- InRento's Hotel Admiral loan in Gdansk went to a new project company guaranteed by its own group. The borrower had no financial history, and its two guarantors are companies registered at its own Warsaw address. InRento's rules require a full guarantee for any borrower with less than two years of accounts.
- InRento's loans are concentrated in two countries. Lithuania and Poland held 81% of the money InRento had funded by 30 October 2026, and hotels 27%, per its statistics page.
- InRento's loans repay their principal only at the end, after 12 to 24 months. Leaving earlier needs a buyer on InRento's secondary market, which held about 60 offers on 2 September 2026.
- InRento gives larger investments a higher rate and earlier access to new projects. On Hotel Admiral, investments under €5,000 earned 10.25% and investments of €100,000 or more 11.5%. Investors with more than €50,000 on InRento see new projects before everyone else.
Who should use InRento?
InRento suits investors who can leave €500 or more in a property loan until it’s repaid and will read each project’s documents before they invest.
InRento suits:
- Investors who want each loan secured by a first-rank mortgage registered for the lenders, on a platform the Bank of Lithuania licenses
- Investors who want loans secured at about half the property’s value, as the three I checked were
- Investors who want their uninvested cash held in their own name at Paysera or Mangopay
- Investors who can leave €500 or more in one project for 12 to 24 months
- Investors who will open each project’s contract, valuation and land register extract, which InRento shows logged-in investors
- Investors who put €50,000 or more into single projects, which earn the top rate tiers, and investors with more than €50,000 on the platform, who see new projects first
Avoid InRento if you are:
- Relying on a record that shows what the mortgages return in a default, because no InRento mortgage has been enforced as of October 2026
- Expecting a guarantor independent of the borrower, because Hotel Admiral’s two guarantors are companies at the borrower’s own address
- Wanting your money spread across countries, because Lithuania and Poland held 81% of the money InRento had funded by October 2026, per its statistics page
- Likely to need your money before a loan is repaid, because the only earlier way out is a buyer on InRento’s secondary market
- Investing small amounts and expecting the top advertised rate, because the rate rises with your investment and larger investors see new projects first
- Wanting the platform to pick projects for you, because InRento has no auto-invest
