TRAPASSO PROPERTIES

At Trapasso Properties, we don’t just offer accommodation — we deliver exceptional living experiences. Every property in our curated portfolio is hand-selected, professionally staged, and fully serviced, with a 24-hour concierge team available for every guest. Whether it's a relocating executive, a private client from the UAE or a HNW family from the US, our goal is simple: make them feel at home in London’s finest postcodes.

We’re proud to operate with a cashflow-positive model, paying investor returns monthly at an agreed rate. Unlike many in our space, we’ve reinvested 100% of our profits to date — not extracting early gains but focusing on long-term growth. This approach has allowed us to expand without external debt, upgrade every property to meet five-star standards, and build trusted alliances with brands like Homes & Villas by Marriott, Sotheby’s International Realty, and Harrods Estates.

With demand soaring for premium, mid-term stays, 2024 is a pivotal moment. Funds raised will support strategic expansion — onboarding new income-generating properties, enhancing our digital platform, scaling operational systems, and launching wider brand campaigns. Our mission is not just to take part in the luxury rental market — it’s to define it. We invite you to join us on that journey.


Credit Commentary:
Founded in 2019, Trapasso properties is a privately held real estate company specializing in acquisition, sale and leasing of its own or landlords properties with a specific focus on luxury properties. The company is involved in both property trading and rental operations. The revenue of the business is almost entirely generated from short to mid term lets using a combination of managed properties and investment backed assets. All properties in the portfolio are located in Central London’s desirable postcodes. Their clientele includes C-suite executives, relocation clients and HNW families from the Middle-East countries and the US.
The company sources tenants via leading third-party booking platforms, direct booking through SEO optimised sites and Google campaigns, high end relocation agencies, estate agencies and through private network.
In addition to rental business, the company offers a range of investment backed opportunities for retail investors through real estate business. These include Joint Venture options where investor partners directly with the company on property deals. And is involved in acquiring properties below market value, adding significant value through refurbishments.

The company is jointly owned and directed by Michael Trapasso and Aidan Pierre Hui Le Mare, who have been serving since its inception and Nov’22, respectively. Both the shareholders are providing a personal guarantee, which means should the business fail to repay the loan, we can turn to the guarantor (s) to cover any shortfall. The company holds an Equifax score of A. Meanwhile, it would be pertinent to mention that both the shareholders are non-homeowners. Looking at the financials, the company posted a substantial uplift in FY2024 (yr ended Nov’24) turnover to stand at £2.5m ( FY 2023: £0.8m), resulting in an increased Net Profit to £427K (FY2023 : £80K). This was the result of an aggressive reinvestment strategy and disciplined execution. The company has reinvested the profit back into the business: scaling and upgrading its properties, building long-term partnerships and developing robust operational infrastructure. The financial performance of the business is evident in the company’s bank statements as well. The balance sheet shows a fairly stable picture, albeit an increased receivables did lead to shrinkage in the company’s cash flows. The receivables of the company are short-term in nature however with exemption given to some of the long-term trusted tenants allowed to pay in installments. The Net Equity of the company stands at £395K.

The young directors are ambitious to position Trapasso Properties as London’s leading provider of off-market high net worth accommodation in the mid-term and corporate stay sector. The business has an active presence on social media platforms. The raised funds will be utilized to expand portfolio with immediate focus on on-boarding of new units, technology implementations, enhance the operational infrastructure and network activation in Q2 and Q3 followed by wider brand campaigns. The Operating Profit of the company is sufficient to cover the proposed loan facility. The bank statements remain well in credit and both the directors exhibit a decent credit profile.

Inflation Risk:
The business is not impacted by inflation as they cater to the ultra high net worth clientele.