In Parqet, you can track real estate, meaning houses and apartments, as well as land. Real estate is assigned to the asset class Real estate and has the product type Real estate. In the dashboard, real estate has its own group.
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You can easily add real estate to any portfolio. In manual portfolios and in portfolios with PDF or CSV import, you add real estate directly. In Autosync portfolios, you can add real estate under “Other Positions”.

However, if you use Autosync, we strongly recommend a separate Parqet portfolio for real estate. This way, you structure your Parqet portfolios by bank and broker, just like in real life, and Autosync and manual entries get in each other's way as little as possible.

You can view these different investments together across portfolios using Views. When creating the portfolio, you can choose the manual option. You don't need to select a broker.

In Parqet, you can track real estate (apartments, land, houses...). You add cooperative shares, including shares in a housing cooperative, under Other assets. You can also choose a custom name and image. Real estate is a very individual asset, so there are many ways to add it. For example, you can track the value of the building and the value of the land separately. However, we recommend adding the combined property value (house + land), since the two are rarely sold separately. For multi-family houses, you can add the apartments separately or as one combined property. Use Add activities at app.parqet.com or in the mobile app to create the real estate holding:

Click “Add activities” at the bottom right and then “Manual”. Select “Real Estate” and then “New real estate holding”. Enter a name and upload an image if you like. You can change the name and image later in the dashboard: click the three dots “⋯” next to the property and then “Manage”.

Once the holding is created, you can add the first buy. Let's say the property was bought for a purchase price of €500,000. Buying real estate usually comes with high additional costs (notary, taxes, real estate agent). You can add these directly to the purchase price (e.g. €500,000 property price + €10,000 notary + €10,000 real estate transfer tax + €10,000 agent = €530,000 actual purchase value, which you can enter).

However, we recommend tracking the additional costs as fees within the property. In this case, you enter them directly with the buy like this:

Parqet doesn't include taxes and fees in the entry price (your price per share, excluding fees). In this example, the entry price is therefore €500,000. If you want to see €530,000 as the entry price, add the additional costs directly to the purchase price.

After the purchase, you can add current valuation prices. On the web, click the three dots “⋯” next to the property in the dashboard table and then “Valuation prices”. On the property's page, there's also the “Manage valuation prices” button for this. Use “Add new valuation price” to enter the date and price:

In the mobile app, you can add the valuation price on the holding page of the asset you created. In this case, the current market value of the property is about €540,000. Enter this value:

Once you've entered it, price gains appear for the selected property. Between two valuation prices, the value rises or falls by the same amount each day. After the last valuation price, it stays the same. Buy and sell activities as well as transfers in and transfers out automatically create a valuation price. The value at the time of the buy/transfer in or sell/transfer out is used as the valuation price.

To track additional properties, create a new holding for each new property.

Under Fees, enter all fees related to owning the property. For real estate, these can include the time spent on a possible rental, hiring a property management company, renovation costs, agent and notary costs, or ongoing charges such as waste collection fees. You decide which fees to include.

Under Taxes, enter all taxes related to owning, buying and selling the property. For real estate, this is, for example, the real estate transfer tax when buying, property tax while you own it, and the tax on private sales transactions when selling. You can enter depreciation (AfA) to reduce taxes. For rental income, you can also enter the income tax due (retroactively). You decide which taxes to include.

Taxes & Fees can also be entered as a separate activity and don't have to be entered together with a buy/transfer in or sell/transfer out.

In the Note field, you can also describe these different transactions so the activity list shows what each transaction was about.

In Parqet, you can track rental income either net or gross, whichever you prefer. You add it to the property as an activity of type “Rental Income”.

Which one makes sense depends on which fees you track. For example, entering the gross rent including operating costs only makes sense if you also record the operating costs as fees on the property. Otherwise, entering the net rent (the actual surplus) is usually easier.

You can assign a reference account to real estate. Here's how to add one: How do I create a reference account?. However, using a reference account is optional. The reference account reflects all transactions you make. This means that buying a property for €500,000 reduces the balance of the reference account by €500,000. Rental income is also booked to the reference account.

Whether you use a reference account determines which setups are possible:

First, create a new cash holding. You can do this via “Add activities” at app.parqet.com in the dashboard or in the mobile app. While creating it, you can specify whether the account should be used as a reference account (in this case, we don't select this option), and you can also set its name and currency.

Once the cash holding is created, we can add the first activity. For our example, let's say we bought our property for €500,000 but needed a loan of €400,000 to do so. Accordingly, we add a withdrawal of €400,000 on the property's purchase date (the money flows out of the account, directly into the property):

The portfolio now contains two positions: the positive real estate holding (+€500,000) and the negative cash holding as the loan (-€400,000). The “Allocation” of -80% shows the share that was financed with a loan (in this case, 80% was financed with a loan). The dashboard also shows this breakdown visually and calculates your net worth from the purchase onward, which at the time of purchase usually equals the equity you put in:

Now the loan is paid off regularly. Let's say we receive the following statement from the bank:

Use the type Interest to enter negative interest (in this case, interest paid to the bank).

Use the type “Deposit” to enter the amount paid in:

After these two transactions, the cash balance has risen from -€400,000 to -€398,800. Instead of 80%, only 79.76% of the property is now financed with borrowed money:

The dashboard shows that our net worth has increased through the repayment:

You can also use the type “Deposit” to enter special repayments.

You can turn on the reference account in the dashboard under “Manage”:

Now all transactions you add are mirrored on the account:

⚠️ Rental income then automatically goes to the reference account. In some cases, you may not want this. In that case, we recommend not using a reference account.

You can edit activities you've added at any time on the web via app.parqet.com -> Activities and in the mobile app. You can edit valuation prices the same way you originally added them. Below, we use examples to show you how to add real estate in Parqet.

Two people inherit a property worth €250,000, so each person inherits a share worth €125,000. The heirs decide to rent out the property together. We recommend the type “Transfer in” at a price of €250,000 with an ownership share of 50%.

In this case, also note that for the rent, you enter the total rent in the Dividend field. The ownership share of 50% then gives the correct proportional rental income.
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Four people inherit a property worth €260,000, so each person inherits a share worth €65,000. One person, a Parqet user, takes over the whole property and pays out the co-heirs. There are now two ways to set this up.

a) The required capital of 3 * €65,000 is paid out of your own pocket

Since the property was worth €260,000 at the time of the inheritance, you can enter the transaction like a transfer in at a purchase price of €260,000. If you want your own share of the inheritance to appear as a gain in Parqet, you can lower the purchase price by €65,000 to €195,000. However, we generally recommend entering the unchanged purchase price (here: €260,000) so you can track whether the investment was worthwhile in the long run. If you deduct the inherited share, the return calculation becomes blurred compared to other investments (how would the €65,000 perform in another investment?).

b) The required capital of 3 * €65,000 is fully financed with a loan.

If the additional capital of €195,000 is fully financed with a loan and you want to track the loan in Parqet, you need to create a cash holding.

You set up the loan as described under Add loans for real estate in Parqet. In this case, you enter the following transactions when you start the cash holding to reflect the actual loan:

The dashboard now shows the following values:

+€260,000 (property)

-€195,000 (loan)

=€65,000 (net worth)

The dashboard chart shows that 75% of the property's value is financed with borrowed money (€195,000 of €260,000). The remaining 25% is your inherited share.

Let's say an unmarried couple shares a loan and owns a house together. In this case, you can enter the actual shares. For example, you can enter that the first partner owns 60% of the house and the second partner 40%. For the loan, each person enters only the part they pay off themselves. With a shared total loan of €100,000, that's €60,000 (60%) for the first partner and €40,000 (40%) for the second partner.

Let's say a married couple shares a loan and owns a house together. If they manage their finances jointly, they can enter the whole house (100%) including the full loan (here: €100,000). This is generally the simpler method.
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Currently, manual entry is the only way to add real estate, just like for other assets.

Yes, as long as you don't use a reference account. In this case, you need a regular cash holding (with the reference account function turned off).

Yes, this works both with a regular cash holding and with the reference account function turned on.

You enter real estate prices manually.

An activity must be dated after January 1, 1990. You can enter valuation prices from January 1, 1990 onward.

Rental income appears in your portfolio's “Dividends” tab and can be filtered there.

Feel free to contact our support via our contact form (topic “Portfolio (Calculation, Display Errors)”). Be sure to read the examples in this article first – they cover most questions and features!