Reental vs Wecity: Equity, Loans and Realised Returns

Platform data reviewed on 3 November 2026. Reental figures as of 4 November 2026, provided by the company. Reental publishes this comparison and is one of the two platforms compared, so it is an interested party. Reental's figures are declared by the company and have not been audited by a third party. Wecity's figures come from its website and public sources, each with its date.

Short answer

Wecity is a crowdfunding platform authorised by Spain's securities regulator, the CNMV (Comisión Nacional del Mercado de Valores); Reental is a platform for tokenised real estate projects that does not hold that authorisation, and its liquidity is limited. Wecity publishes an average return since launch of 12.02% with an average term of 11 months. Reental declares an average historical IRR of 16.5% and a €100 minimum investment. The two figures are different in nature and do not point to a winner: the choice depends more on how much regulatory protection and liquidity you need than on which percentage looks bigger.

What is Wecity?

Wecity is the brand of Cityprive PSFP, S.L., a real estate crowdfunding platform registered as no. 9 in the CNMV register since 20 October 2023, where you can invest in projects through equity stakes or loans to developers (lending). According to its website and 2026 press coverage, it operates in Spain, Portugal and Italy. The registration details come from the CNMV's official list, and the platform itself declares its authorisation as a provider on its homepage.

Its offer is split into three lines. Plusvalía (buy, renovate and sell) is short term, 12 to 36 months, and shows no percentage on the homepage: it points to "economic scenarios". Renta (buy, let and sell) is medium term, 3 to 5 years, and combines rental income with a final capital gain. Interés covers loans to developers, with fixed interest or variable interest linked to the project's success, and it shows neither a return range nor a term. According to its FAQ, Plusvalía and Renta work through a capital increase in the company that owns the property (equity), and Interés consists of loans (lending).

On 3 November 2026 the homepage shows €305 million financed across 230 projects and €194 million returned across 121. Five months earlier the press cited €252 million and 189 projects (Observatorio Inmobiliario, 22 May 2026), which is about €53 million and 41 projects more in that time. Investor funds are held in segregated accounts at Lemon Way, a payment institution supervised by the Bank of Spain, according to its FAQ.

Reental and Wecity, criterion by criterion

The real difference sits in two rows of the table: legal status and liquidity. The rest are differences in model that do not make either platform better or worse. Reental's figures are those the company provided on 4 November 2026.

Equity versus loan: what you are buying

With a loan you are a creditor and receive an agreed interest rate; with equity you share in the outcome and receive whatever is left after the property is sold. That difference changes the risk more than any advertised percentage does.

A loan to a developer, like those in Wecity's Interés line, usually has a capped return. According to the platform, it is cushioned by developer guarantees "normally associated" with the loan, which vary by project, and the platform states that it does not guarantee the investment or its repayment. One published example is Wecity's first project in Italy, in Turin: a loan of about €1.5 million for 12 homes, at 11% annual interest, with an estimated term of 9 months extendable by 3 and a first-rank mortgage guarantee (Observatorio Inmobiliario, 2 June 2026). With equity the result is not fixed in advance: it can beat the estimate or fall short, and in a bad scenario the equity holders absorb losses before a lender does.

At Reental the structure depends on the country. According to its FAQ, in Spain it offers tokenised securities representing credit rights under a participating loan, and in the United States it tokenises the shares of an LLC that owns the property. So Reental includes both a loan-like profile and an equity-like one, and each project's page says which applies.

Stated return versus realised return

The stated return is each project's estimate and the realised return is an average of what has happened so far; the two platforms calculate and present that average differently.

In its Renta line, Wecity advertises 3% to 7% from rent and 10% to 15% from the final capital gain, and it gives no figure for Plusvalía. As a realised figure, its homepage shows an average of 12.02% since launch with an average term of 11 months (3 Nov 2026). Reental shows between 9.5% and 12% estimated total return across the 9 projects in its project listing (Caribe 1, Madrid 7, Miami 6 and Rentas 3, among others) and declares an average historical IRR of 16.5% (4 Nov 2026).

The two averages do not measure the same thing. Reental's is presented as an IRR (internal rate of return), which expresses an annual return taking into account when money goes in and out of each project; the company declares it and has not said whether it is gross or net. Wecity's is called "average return since launch", and its website does not explain whether it is annualised, gross or net, or which projects it includes. Putting 16.5% and 12.02% in the same row suggests a gap of 4.5 points that the data does not support.

Three caveats apply when reading them. First, an average of finished projects leaves out the ones still running. Wecity has financed 230 projects and shows 121 as returned, so 109 (47%) would fall outside that average if it counts only finished projects, and the platform does not say what its 12.02% includes. That does not mean those 109 are in trouble; they may simply be ongoing. Second, Wecity's "default rate 0%" has no definition on its homepage or in its FAQ (period, delay threshold, calculation base), so we do not treat it as a firm figure. Third, Reental's IRR is a declared figure, and the information provided does not detail how many of its 51 closed projects it is calculated on.

That is why we do not put the two averages in one row to declare a winner. To see how Wecity compares with another authorised platform, read our comparison of Reental vs Urbanitae.

Where each one invests

Wecity concentrates its investment in Spain, Portugal and Italy, mostly in residential property; Reental spreads projects across several countries and types of operation. According to the press coverage of 22 May 2026, 87.9% of Wecity's projects were residential.

Reental's website shows projects in Spain, the United States, Mexico, the Dominican Republic and Argentina, with strategies ranging from residential flipping to developer loans and rentals (according to its listing). That spreads risk across markets, but it adds currency, jurisdiction and local market risk, and it affects your tax obligations, which are worth discussing with an adviser. Wecity concentrates its risk in three European markets.

Regulation and liquidity: what each can promise

Wecity is registered with the CNMV as a crowdfunding service provider and Reental is not, which changes the obligations each has towards you. Registration is not a guarantee either: Wecity states that the CNMV does not approve or supervise individual projects, that returns are not guaranteed, and that it only connects investors with companies seeking funding.

Regulation (EU) 2020/1503 governs authorised crowdfunding service providers in the European Union. Reental is not a crowdfunding platform authorised by the CNMV and is not listed in its register of crowdfunding service providers (checked on 3 November 2026). According to the company's legal documentation, its product does not require that authorisation. This means investors do not have the specific safeguards of Regulation (EU) 2020/1503 (for example, the knowledge test, the loss simulation and the reflection period), and that their participation is not backed by any crowdfunding supervisory authority.

Reental declares that it has no public incidents. That is the company's own statement and we have not verified it independently. Neither platform guarantees capital: both warn that it can be lost in whole or in part.

On liquidity, neither platform ensures you can exit when you want. At Reental the exit is a direct sale to another verified user on the platform, and its FAQ lists lack of liquidity among the risks. Whether someone buys, and at what price, does not depend on Reental. At Wecity, the FAQ does not describe an early sale: capital comes back when the developer closes the sale or repays the loan, normally between 12 and 36 months in capital-gain projects.

Who each one suits

Wecity suits you if you put the CNMV framework, defined terms and a published track record first; Reental, if you accept less protection and limited liquidity in exchange for international projects and monthly payouts.

Wecity makes more sense if you want an authorised platform, accept locking up your capital until the project closes and can bear the developer's risk. Reental fits if you want to diversify outside Spain, value monthly payments, want to start with €100 and understand that its legal status differs from that of an authorised platform. Neither replaces a diversified portfolio: spreading capital across several projects reduces the weight of any single one, but it does not remove risk, and you should invest only money you will not need in the short term.

If you are comparing more options, our guide to the best real estate crowdfunding platforms gives the full picture, and the comparison with Civislend follows the same structure as this one.

Frequently asked questions

What is the difference between Reental and Wecity?

Wecity is a crowdfunding platform registered with the CNMV (no. 9) with three lines: Plusvalía, Renta and Interés. Reental is a platform for tokenised real estate projects, without authorisation as a crowdfunding service provider, with investment from €100 and resale only to another verified user. They differ in regulation, liquidity, geographic scope and how returns are paid.

Is Wecity legit and reliable?

Wecity appears in the CNMV's official register as a crowdfunding service provider (no. 9, since 20 October 2023) and publishes €305 million financed and €194 million returned. Its 0% default rate appears on its website without a definition, so we do not take it as a firm figure. The CNMV does not supervise each project and Wecity does not guarantee repayment. Being authorised does not mean being risk-free.

What return does Wecity offer?

Its homepage shows an average return since launch of 12.02% with an average term of 11 months (3 Nov 2026). In the Renta line it advertises 3% to 7% from rent and 10% to 15% from the final capital gain. These are estimates and past averages, they do not guarantee results, and each project sets its own terms.

What return does Reental declare, and is it comparable with Wecity's?

According to Reental (figures provided by the company on 4 Nov 2026), its average historical IRR is 16.5%; the company has not said whether it is gross or net. It is not comparable with Wecity's 12.02%: one is an IRR declared by the company, the other an average return since launch whose calculation is not detailed. Neither guarantees future results.

Wecity reviews: what do investors say?

Wecity's homepage shows a rating of 4.3 out of 5 on Trustpilot from 599 reviews (3 Nov 2026). That figure is reproduced by the website itself and we have not checked the Trustpilot page, so it is worth reading it yourself. Before investing, read each project's page and check the expected maturity.

Is Wecity regulated by the CNMV?

Cityprive PSFP, S.L. (the Wecity brand) is registered as no. 9 in the CNMV's register of crowdfunding service providers. What is authorised is the platform, not the projects: Wecity itself states that the opportunities are not subject to authorisation or supervision by the CNMV or the Bank of Spain.

Is Reental authorised by the CNMV?

No. Reental is not a crowdfunding platform authorised by the CNMV and is not listed in its register of providers (checked on 3 Nov 2026). According to its legal documentation, its product does not require that authorisation. Investors do not have the specific safeguards of Regulation (EU) 2020/1503, such as the knowledge test, the loss simulation and the reflection period.

What is the minimum investment at Wecity and at Reental?

At Wecity each developer sets it and there is no general figure; an independent comparison site cites €500 as a reference during early funding phases. At Reental the minimum investment is €100, the price of one token (1 token = €100), according to the figures provided by the company on 4 Nov 2026.

Can I sell before the project ends?

At Wecity, the FAQ does not describe an early sale: capital comes back when the sale closes or the loan is repaid. At Reental you can sell to another verified user on the platform, provided there is a buyer; no price or timing is guaranteed. In both cases it is wise to plan as if the money were locked up.

Wecity vs Urbanitae: which one?

Both are providers registered with the CNMV (Wecity no. 9, Urbanitae no. 4). Urbanitae publishes an average IRR of 11.7% on fully repaid projects and a minimum from €500, while Wecity shows an average of 12.02% since launch. The two figures are not calculated the same way and cannot be compared directly. You will find more detail in our Reental vs Urbanitae comparison.

Risk warning and transparency

Investing in real estate projects carries the risk of partial or total loss of capital, delays and lack of liquidity. Past or estimated returns do not guarantee future results, and the averages published by the platforms are self-declared. This content is for information only and is not financial, tax or legal advice, and Reental does not give individual advice. Reental is an interested party in this comparison; the information on Wecity comes from public sources you can check in the sources section. If you spot outdated data, let us know so we can correct it.

Sources

• Wecity, homepage (figures, product lines, registration number, Trustpilot rating) (accessed 3 Nov 2026)
• Wecity, frequently asked questions (fees, guarantees, limits, custody, legal form of each line) (accessed 4 Nov 2026)
• CNMV, list of crowdfunding service providers (no. 9 Cityprive PSFP, 20/10/2023) (accessed 3 Nov 2026)
• Observatorio Inmobiliario, Wecity surpasses €250 million (€252 million, 189 projects, 87.9% residential projects; in Spanish) (accessed 22 May 2026)
• Observatorio Inmobiliario, Wecity starts its expansion in Italy (Turin, €1.5 million, 11% annual; in Spanish) (accessed 2 Jun 2026)
• Finantres, Wecity vs Urbanitae (€500 minimum cited as a reference during early funding; updated 14/10/2026; in Spanish) (accessed 3 Nov 2026)
• Urbanitae, homepage (IRR 11.7%, registration no. 4, minimum from €500; no cut-off date) (accessed 3 Nov 2026)
• Reental, figures provided by the company, 4 Nov 2026 (average historical IRR, tokenised capital, active and closed projects, minimum investment)
• Reental, project listing (estimated returns of the 9 listed projects) (accessed 3 Nov 2026)
• Reental, frequently asked questions (token, structure, liquidity, USDT, withholding) (accessed 3 Nov 2026)
• Regulation (EU) 2020/1503 on European crowdfunding service providers (accessed 3 Nov 2026)