What is a BRXS note?

When you invest with BRXS Properties, you are purchasing BRXS notes (bonds), representing a loan you've extended to finance and maintain a specific real estate property. In return, you receive fixed interest payments during the holding period and the repayment of the nominal value at the end of the term.

In addition to the fixed interest, which remains constant throughout the notes' term, you may also receive Bonus Interest, consisting of two main components:

1. Rental Surplus Bonus Interest: This stems from extra income saved in the BRXS collective cash reserves if rental income surpasses expenses.
2. Appreciation Surplus Bonus Interest: This arises from profits generated when the associated investment property is sold at the end of the term.

A note is €100 and comprises the nominal value of the bond and the fees for securing the investment opportunity.

Read more on the expected returns.