September 22, 2026

From Scandinavia to Southern Europe: Crowdster’s European Expansion

Crowdster is taking the next step in its European journey. Building on our Scandinavian foundation, we are preparing for expansion into Spain and Portugal – combining local real-estate expertise with access to European investment capital.

From Scandinavia to Southern Europe: Crowdster’s European Expansion

Crowdster was created with a clear ambition: to connect investors looking for attractive opportunities with property developers looking for efficient and flexible access to capital.

Today, we are active in Sweden and Denmark. But from the beginning, the idea has been bigger than Scandinavia.

Real estate is local by nature. The market in Porto is different from Copenhagen. Marbella is different from Stockholm. Local regulations, property prices, banks, developers and contractors all vary from one market to another.

Capital is different. It increasingly moves across borders.

There is no reason why an investor in Sweden should only look at Swedish property projects, or why a Danish investor could not find an interesting opportunity in Portugal or Spain. What matters is the quality of the project, the financing structure, the security and a clear understanding of the risks involved.

That is the thinking behind Crowdster’s next step in Europe.

Local knowledge matters

We do not believe the best way to enter a new property market is to manage everything remotely from Scandinavia.

You need people on the ground.

People who understand the local market, know the developers and brokers, can visit the properties and understand what is actually happening in a particular neighbourhood.

This is why Crowdster is working towards a franchise model where local operations are combined with our central platform, regulatory framework, technology, processes and investor infrastructure.

Our first planned step beyond Scandinavia is Southern Europe, with Spain and Portugal as our initial focus.

Why Spain?

Spain’s property market is seeing significant investment activity.

According to CBRE, Spanish real-estate investment exceeded €12 billion during the first half of 2026 - around 59% more than during the same period in 2025.

More than €4.5 billion was invested in Spain’s Living segment during the same period, representing approximately 38% of total real-estate investment.

For Crowdster, the Costa del Sol is particularly interesting.

Marbella and the surrounding areas are no longer simply holiday-home markets. They have developed into highly international residential and investment markets, attracting buyers, developers and investors from across Europe and beyond.

Opening an office in Marbella is, however, only part of the story.

The important part is building the right local network: knowing the developers, understanding the market and being able to visit and assess potential projects locally.

Marbella is intended to become the base for Crowdster’s Spanish operation, with the Costa del Sol as our initial focus.

Portugal has significant potential

Portugal is equally interesting, although for somewhat different reasons.

Lisbon has become an international business, technology and investment destination. Porto continues to attract capital and entrepreneurship, while the Algarve remains one of Europe’s most established international residential markets.

According to CBRE, Portuguese real-estate investment increased by approximately 17% during 2025.

But the numbers are only part of what makes Portugal interesting to us.

The country has a strong community of smaller and medium-sized property developers, architects, brokers and entrepreneurs who identify projects but do not necessarily have unlimited access to institutional capital.

A developer might find an older residential building in Porto that can be acquired and renovated. Another may identify land outside Lisbon for a new residential project, while an opportunity in the Algarve could involve villas or a smaller development aimed at the international market.

Good projects still need capital.

And that capital does not necessarily have to come from one source.

Working alongside traditional banks

We do not see alternative property financing as a replacement for banks.

In many cases, the most interesting structures may involve several sources of financing working together.

A developer can provide equity, a local bank can finance part of the project, and alternative capital can potentially cover another part of the capital requirement. Alternative financing may also be used to bridge the period between acquisition, development and longer-term bank financing.

The objective is not to force every project into the same model. It is to find a financing structure that makes sense for the individual project.

This is an area where we believe Crowdster can play a role.

Our initial focus in Portugal will be Porto, Lisbon and the Algarve, with Porto intended as the operational base.

The property stays local. The capital becomes European.

This is really what our European strategy comes down to.

The best projects are found locally. They require local knowledge, relationships and people who understand the market.

But the capital financing those projects can come from much further away.

An investor in Stockholm could potentially participate in financing a project in Porto. An investor in Copenhagen could find an opportunity in Marbella. And a Portuguese investor could potentially participate in a Danish or Swedish property project.

The property stays local. The capital becomes European.

Crowdster can provide the platform and infrastructure connecting the two.

Sweden and Denmark are our foundation. Spain and Portugal are intended to become the next chapter.

We are still at the beginning of that journey. Entering new markets takes time and requires the right local partners, regulatory preparation and, most importantly, the right projects.

But our direction is clear.

Crowdster started in Scandinavia. Our ambition is European - and Spain and Portugal are intended to become the next important steps in building that future.

Sources

CBRE Spain - Real Estate Investment Market, Q2 2026: Spanish real-estate investment exceeded €12 billion during the first half of 2026, representing an increase of approximately 59% compared with H1 2025.

CBRE Spain - Living & Residential Market 2026: More than €4.5 billion was invested in Spain’s Living segment during H1 2026, representing approximately 38% of total Spanish real-estate investment.

CBRE Spain - Residential Land Valuations 2026: Residential land valuations on the Costa del Sol increased approximately 11% year-on-year amid continued demand and constrained supply.

CBRE Portugal - Real Estate Market Outlook 2026: Portuguese real-estate investment increased approximately 17% during 2025.

CBRE - European Investor Intentions Survey 2026: Portugal continues to strengthen its position among European real-estate investment destinations.

Disclaimer: This article is provided for general informational purposes only. It does not constitute investment advice, an offer or solicitation to invest, or a guarantee that Crowdster will establish operations in any particular market or within any specific timeframe. Future expansion remains subject to applicable regulatory, commercial and operational requirements.