InRento Review

InRento is regarded as Europe's first licensed buy-to-let platform: investors jointly finance rented properties and earn ongoing rental income plus a share of capital appreciation. p2p-investments.de rates InRento B (7.2/10) with good data coverage. The model is cleverly built, the default record so far is spotless, and the operating company has filed audited accounts for every year since 2020. The constraint is the short history, because the loan book has not yet lived through a property downturn. How we arrive at this grade is set out in our rating methodology.

What is InRento and who is the platform for?

Instead of unsecured consumer loans, on InRento you finance the purchase of rented properties, mostly residential, plus hotels and commercial space across eight EU markets. Every investment is a loan to the property operator secured by a first-rank mortgage. Loan-to-value ratios are conservative; the focus is on assets with ongoing rental income rather than speculative development.

Payouts are monthly rental income, topped up by a share of capital appreciation when the property is sold. The minimum is €500, and a secondary market for early exit exists. There is no auto-invest, though, so every investment is made manually, project by project.

How does the buy-to-let model at InRento work?

InRento was, by its own account, Europe's first licensed buy-to-let platform, and that model is the real difference from classic P2P marketplaces. Instead of buying into a consumer loan or a pure construction loan, you take a stake in a property that is already rented (or about to be). Legally your investment is a loan to the project operator, secured by a first-rank mortgage on that specific asset; the charge is registered before capital reaches the operator.

The return has two components. First, monthly rental income: the assets generate a rental yield of roughly 8 to 9.5% a year according to the platform, distributed monthly, hence the unusually predictable, ongoing cash flow for P2P. Second, a share of capital appreciation: if the property is sold at the end of the term for more than it was bought, investors typically receive 50 to 70% of the uplift, with the remainder split between the operator and InRento. This aligns the incentives: the higher the sale price, the more every side earns.

Important for the risk picture: a project is tied to a named asset, there is no pool and no buyback. Protection rests solely on the first-rank mortgage and the conservative loan-to-value: in the example above, the LTV runs up to 53% against collateral worth around €2.87M. For an early exit there is a secondary market; the seller pays 2% of the sale price. Because there is no auto-invest, you pick every investment manually, which, combined with the €500 minimum, makes broad diversification harder.

What sets InRento apart from other P2P platforms

Behind InRento is Gustas Germanavičius, a founder well known in the space: before InRento (2020) he co-built EvoEstate, a well-known real-estate crowdfunding aggregator in Europe, so the team is well connected in the market. The operating company first turned a profit in 2023 (net profit over €170,000 on revenue of around €758,000) and raised its share capital that year from €65,000 to about €695,000. Two more profitable years have followed since, and because every one of those sets of accounts is audited, the figures amount to more than a self-declaration.

Another distinguishing feature is the acquisition of the Estonian platform BitOfProperty: InRento integrated its fractional-ownership model and migrated users and data to its own platform. For investors that means more reach and deal flow, but also that the platform is still young and in transition. Externally, InRento collects Lithuanian fintech awards (including “Investment Tech of the Year” in 2024 and “LendTech of the Year” in 2025). Such prizes are a reputation signal, not a safety one. They do not replace the real downturn test the platform has not faced since launching in late 2020.

How we rate InRento

We score five criteria with fixed weights. The breakdown above summarises the points; here is the reasoning with evidence (figures as of August 2026).

Safety & regulation (7/10). UAB Inrento holds an ECSP licence (company code 305519977, valid since November 2023) that is verifiable in the Bank of Lithuania register. Structurally the security model is above average: first-rank mortgages at conservative LTVs on cash-flowing rental assets. Investor funds are held in escrow until the mortgage is registered. There is no buyback; protection rests on the property alone, and its resilience has not yet been tested in a real downturn.

Transparency (8/10). The statistics page carries the annual accounts for 2020 to 2025 under “Annual audited reports”, downloadable without a login and audited throughout by the same Lithuanian audit firm. Six audited years in a row are the exception in this market. The 2025 accounts carry an unqualified auditor's opinion dated 30 March 2026 and report around €3.0M in revenue, €957,675 net profit and €1.37M equity. Alongside them sit portfolio statistics broken down by country, asset type and risk grade, a complete price list and a named management. On transparency that puts InRento on a par with Crowdpear, which also has its accounts audited. Two things are missing for top marks: the audit does not cover the portfolio performance figures, and the company's beneficial owners are not named on its public pages. What speaks for its credibility is what InRento leaves up. The 2022 accounts carried a qualified opinion plus a going-concern emphasis, and they are still there to download rather than gone from the series.

Track record & stability (7/10). The record since late 2020 is clean. Zero reported defaults across 193 loans, 99% repaid ahead of term, €122.3M funded with €34.4M already flowed back, and 5,278 active investors. What decides the rise from 6 to 7 is the audited earnings series. After loss-making years up to 2022 the company earned around €171,000 in 2023, around €63,000 in 2024 and around €958,000 in 2025; the loss carry-forward is cleared, and €1.26M sat in the bank at year end. The series is convincing, but it covers little time. InRento has not been through a full property or interest-rate cycle, and the model allows extending a project's term so that delays do not show up as defaults. On top of that comes concentration in two countries (Lithuania 47%, Poland 35%) and in hotel projects (25%), which are more cyclical than residential. Part of the history, too, is that for 2022 the auditor flagged a material uncertainty about the company's ability to continue as a going concern, which was resolved without loss to investors.

Returns & terms (7/10). The reported actual return of 11.59% sits above the expected 9.36%, a rare alignment of advertised and realised figures, albeit over a short, benign period. Investing on the primary market costs nothing; a secondary-market sale costs 2% of the sale price. The noticeable drag is the 15% Lithuanian withholding tax, generally creditable in Germany. The price list carries further investor-side items, among them 2% on card deposits, the €30 inactivity fee after two quiet years and an administration fee of 0.1% per day on overdue amounts. More on weighing return against risk in our knowledge article on the returns and risks of P2P loans.

Investor-friendliness & liquidity (6/10). The monthly rental income and a working secondary market are genuine pluses. Against them stand a minimum that is high for P2P (€500), the missing auto-invest and the withholding tax, all factors that make broad diversification and automation harder.

Data coverage and open questions

Our grade rests on 21 of 25 evidence questions answered from solid sources. Data coverage: good. The licence, the model, the fees and the operating company's audited accounts are documented; the portfolio performance figures remain platform-reported and outside the audit's scope. What stays open above all is a real-world test of the security model in a downturn, along with the question of how many delays sit behind the term extensions the model permits. We will re-check both at the next update.

Who is InRento for?

InRento is for investors who specifically want rental-property income and who accept the somewhat higher minimum and longer terms. If you value monthly payouts and real asset-backed collateral, you'll find a well-thought-out offering here. Anyone investing should factor in the short history, keep the amount small and not rely on the spotless past record alone. As with any P2P investment: invest only money whose temporary or permanent loss you can absorb, and spread across several platforms. The basics are covered in our knowledge article on P2P lending fundamentals; for context within the market, see the platform comparison.