Glossary of Terms

Search or browse key terminology used on Seedio to help investors and property managers.

Investing Terms

Annual Appreciation
Projected growth in the market value of the asset over one year, calculated as (sale price minus purchase cost) divided by total investment cost. Example: A property bought for €1,000,000 with €100,000 in fees, sold later for €1,500,000 yields 36.4% appreciation.
Yearly Investment Return
The average annual return over the investment period, combining net rental income and annual appreciation. E.g., a 50% total ROI over five years represents about 10% per year.
Dividend
The payout an investor receives from rental income after expenses, divided by the number of investors.
Gross Yield
The projected annual percentage return before expenses, calculated as rental income divided by property price. E.g., €100,000 rent on a €1,000,000 asset equals 10% gross yield.
Net Yield
The projected annual percentage return after deducting all expenses, e.g., a €75,000 net income on a €1,000,000 property is a 7.5% net yield.
Funding Target
The total capital required to purchase a property, including fees. E.g., a €1,000,000 price plus €50,000 costs equals a €1,050,000 funding target.
ROI (Return on Investment)
The ratio of total gains (sale price – purchase price + rental income) to original purchase price over the holding period.
SPV (Special Purpose Vehicle)
A legal entity created to acquire and own a single property; investors buy shares in the SPV proportional to their investment.
Appreciation
The increase in value of an asset over time.
Extension Period
Additional time a fund manager may extend the fund’s term beyond its original duration, typically 6–12 months.
Fund Duration
The predetermined life span of a real estate fund before liquidation.
Unit
A share in a real estate investment fund, representing a proportional stake in its assets and income.
Unit Price
The cost to purchase one fund unit.

Property Management Terms

Property Manager
A professional or company that oversees daily operations, maintenance and tenant relations for a property on behalf of the owners.
Occupancy Rate
The percentage of time that a rental property is occupied during a given period.
Maintenance Reserve
Funds set aside from rental income to cover ongoing repairs, replacements and building upkeep.
Tenant Screening
The process of evaluating prospective tenants based on credit history, background checks and references.
Service Charge
Fees paid by property owners to cover shared building expenses such as security and cleaning.
Capital Expenditures (CAPEX)
Major property improvements or purchases that extend the life of the asset or increase its value, such as roof replacement.
Leasing Fees
Charges for marketing a property, sourcing tenants and signing leases, often calculated as a percentage of annual rent.
Property Valuation
Professional assessment of a property's market value, typically performed by a licensed appraiser.