Indemo is an investment platform based in Latvia and licensed by the Central Bank of Latvia. Founded in 2023, it connects investors with real estate loan originators in Spain. The platform provides access to a market segment usually reserved for institutional players. The loans offered are of the DDI type, which stands for 'Discounted Debt Investment', meaning loans that are already in default.
What Indemo offers is unique: the company buys real estate at low prices and tries to sell them at auction with a margin, thus generating excess returns in which investors can participate.
The key factor for DDIs is the price-to-value ratio (PTV). This ratio corresponds to the price paid for the updated property compared to its real value and determines the final return for the investor.
The LTV (Loan To Value) is also taken into account when purchasing debts. The higher the loan value compared to the asset value, the greater the likelihood of an amicable settlement, as it provides additional negotiation leverage for asset recovery.
➡️ Minimum investment: €10
➡️ Average duration: 24 months
Investments are structured as bullet loans, which means that both principal and interest are repaid in a single payment at maturity.
Interest rate: Expected interest rates are 15.1%, but may reach 23.8% after the resale of the property, due to the purchase price discount.
All collateral assets on Indemo are fully insured against fire and other risks.
Platform fees: Account opening, deposits, and withdrawals are free of charge. Taxes: Indemo withholds a 5% tax on interest for residents of the European Union and the European Economic Area.
➡️ Total amount invested: €15.9M
➡️ Number of investors: 11,600
On Indemo, you can invest via the primary market or through auto-invest. There is no secondary market.
Indemo has obtained MiFID II regulation.
The MiFID II (Markets in Financial Instruments Directive II) is a European regulation whose main objective is to increase investor protection and improve transparency in financial markets. In short, it requires financial institutions (banks, asset management companies, etc.) to:
➡️ Better understand their clients (investor profile, objectives, risk tolerance) in order to offer them suitable products.
➡️ Provide clearer and more detailed information on the costs, fees and risks of financial products.
➡️ Ensure the best possible execution of buy or sell orders for their clients.
➡️ Strengthen market surveillance to combat abuse and high-frequency trading.
The average expected yield of projects is 15%
Yields are calculated based on the projects analyzed on this site and not on all projects.
⚠️ The higher the yield, the higher the risk.
🚫 Indemo has no buy back guarantee
In P2P lending A buyback guarantee is a guarantee provided by a loan originator regarding a specific loan. If repayment of that particular loan is delayed by more than a specified number of days (usually 60), then the loan originator is obligated to buy back the loan.
⚠️ Information about delays of more than 6 months is not available for Indemo
The permanent loss rate at Indemo is 0.00%.
The minimum amount to invest is 10€.
Indemo has a very low minimum amount to invest
🌎 The financial income are taxable in the investor's country of tax residence.
In France, since January 1, 2018, income from movable capital as well as capital gains from securities sales are subject, when taxed, to a flat-rate withholding tax (PFU) of 12.8%, to which social security contributions of 17.2% are added, making a total rate of 30%.
However, you can choose, when declaring your income, for a global taxation of these income and gains at the progressive income tax rate by checking box 2OP. You may be exempted from the portion corresponding to the flat-rate withholding tax of 12.8% for income tax purposes if your reference fiscal income for year N-2 was less than €25,000 (€50,000 if you are married). When making your declaration, you have the option to maintain the choice for taxation at 30%, or to submit your capital gains to the progressive income tax rate (to which 17.2% social security contributions will be added).
➡️ Search for previous reviews of chez Indemo
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