A group of investors pool their capital to buy and develop a property they could not fund alone. The sponsor (Novus) finds the deal, structures it, raises the capital, manages the project and sells it. The investors provide the capital and receive shares, rental income where applicable, and their share of the sale profit.

No. You can register, review documents and sign online, or do every step in person with your dedicated advisor. Most investors mix both: they review the deal room online and meet or call their advisor before committing.

A project where value is created by building or transforming a property, not just holding it: new construction, renovation, change of use or division into units. Profit comes from the difference between total cost and sale value.

Shares in the SPV, the project company that owns the property. Novus is the managing shareholder and runs the project. Investors are non-managing shareholders: you receive your share of the profit but do not take part in day-to-day decisions.

From €50,000 as a pool investor, and from €500,000 to fund or co-fund an entire project.

For the life of the project: typically 12–24 months for development and renovation, 2–5 years for rental strategies. There is no early exit, so invest only capital you will not need during that time.

Development and renovation projects pay once, within 30 business days of the final sale; there is no income during construction. Rental projects pay net rent quarterly, then the sale profit.

No. Each project shows a projected ROI and annualised return based on our business plan. Actual results depend on costs, timing and sale prices, and you may lose part or all of your capital.

Novus earns three things, all set out in each project’s documents: a sweat-equity stake for structuring and running the project, a project management fee, and a share of the profit. Most of what we earn depends on the project succeeding, so we are in the same boat as you.

One SPV per project; full due diligence before purchase; conservative sale-price estimates using both comparable sales and rental income; in-house control of design and construction; and founders investing on the same terms as you.

If a project needs a second capital round, existing shareholders have first refusal, but no one is obliged to invest more. We will only raise a second round if it does not reduce the projected ROI of shareholders who do not take part. As a last resort, a construction loan may be used, co-signed by Novus.

Every investor enters the SPV on the same terms, so profit is shared strictly in proportion to the capital each investor contributed.

Returns are prorated to the time your capital is invested. If a 20-month project is open and you join in month 3, your return is calculated on 17 months.

The SPV pays Greek corporate income tax (currently 22%) on its profit. Dividends are then paid after the 5% Greek dividend withholding tax. Projected ROIs are shown before the dividend tax, which is an investor-level tax. Tax in your own country depends on your residence; ask your tax advisor.

Through your investor portal and your dedicated advisor: monthly status notes, regular construction photos, financial statements, and an alert each time the project moves to a new stage.