01

What this tool does

HoldAtlas is a scenario analysis tool. It models three investment paths · ETF/passive accumulation, direct residential property, and a hybrid of both · and projects outcomes under conservative, base, and optimistic market conditions.

HoldAtlas does not provide financial advice. All outputs are illustrative scenario projections based on historical market data and simplified mathematical models. Past performance is not indicative of future results. Nothing on this site constitutes a recommendation to buy, sell, or hold any asset. Users must consult a regulated financial adviser before making investment decisions.

HoldAtlas is designed in line with the principles of MiFID II Article 44 and Delegated Regulation (EU) 2017/565.


02

Data sources

Primary reliance on institutional and governmental sources. Property market parameters are derived from aggregated publicly available listing data across multiple platforms. All values are normalised, transformed, and do not represent any single source dataset. Data vintage: Q2 2026.

Property price inputs are aggregated from publicly available listing statistics across multiple residential property platforms. HoldAtlas applies its own classification methodology (Budget / Standard / Prime district tiers), percentile-based normalisation, and a 50m² standard unit assumption. The resulting tier prices represent HoldAtlas model parameters derived from percentile aggregation across districts. Individual district-level data shown in the analysis reflects aggregated market statistics from publicly available sources.

Source categoryData typeCoverage
ECB MFI Interest Rate StatisticsMortgage ratesQ1 2026
Eurostat House Price IndexProperty appreciationQ4 2025
Eurostat HICPInflationQ1 2026
National central banks (NBP, BdE, Bundesbank, BNB, BdP)Country mortgage ratesQ1 2026
National tax authorities (AEAT, AT, MF Poland, NRA Bulgaria)Tax rates, CGT, transaction costsQ1–Q2 2026
Multiple residential listing platformsDistrict-level price aggregates (normalised)Q1–Q2 2026
Investropa, Global Property GuideRental yield benchmarksQ4 2025–Q1 2026
MSCI World / MSCI Europe indexETF return assumptions20yr geometric avg

03

What the model calculates

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ETF / Passive
Models a broad diversified equity index (e.g. MSCI World / MSCI Europe). Starting capital and monthly contributions compound over the selected horizon. Growth is nominal · inflation shown separately.
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Property
Models a leveraged residential purchase. Accounts for entry costs, mortgage payments (25-year annuity), rental income net of vacancy and operating costs, exit costs, and capital gains tax where applicable. Remaining capital grows in ETF in parallel.
Hybrid
Two-phase model. Phase 1: capital accumulates in ETF until the down payment threshold is reached. Phase 2: property purchased, remaining ETF continues. If the threshold is not reachable within the selected horizon, hybrid is shown as not reachable.

04

Scenarios

Each path is modelled under three scenarios simultaneously. Scenario ranges are derived from historically observed extremes in Eurostat HPI and MSCI return data · not arbitrary multiples, and do not represent extreme tail-risk events.

Conservative
Historically observed adverse conditions: lower appreciation, lower ETF returns, higher holding costs.
Base
Current market rates and long-run historical average returns from primary institutional sources.
Optimistic
Historically observed favourable conditions: higher appreciation, stronger ETF returns, lower vacancy.

05

Fragility score

Every path receives a fragility score from 0 to 100. Fragility measures how sensitive an outcome is to adverse conditions occurring simultaneously.

For property, fragility reflects factors such as rate sensitivity, monthly cashflow sign, vacancy exposure, and transaction cost recovery horizon. For ETF, it reflects sequence-of-returns risk and behavioural exit risk. Scores are calculated independently for each path.

LOW · 0–39
Outcome holds across most market conditions. Few simultaneous assumptions required.
MEDIUM · 40–64
2–3 conditions must align for this result. Moderate sensitivity to market changes.
HIGH · 65–100
Multiple conditions must align simultaneously. Outcome is sensitive to rate or vacancy changes.

06

What the model excludes

The model is scoped to standard, investable secondary-market residential property. Results do not apply to the following property categories:

·Distressed or bank-repossessed properties
·Auction purchases
·Properties with sitting tenants or occupancy disputes
·Shared ownership, leasehold, or fractional structures
·Commercial-to-residential conversions
·Agricultural land or undeveloped plots
·Properties with title disputes or legal encumbrances
·New-build or off-plan purchases
·Renovation, value-add, or flip strategies
·Properties below minimum price-per-sqm thresholds (signal of systematic legal or structural risk)

07

Update cycle

Market parameters are reviewed and updated on a quarterly basis.

Quarterly updates
Mortgage rates
Inflation (HICP)
House price indices
Rental yields
City-level entry prices
Annual review
Transaction costs
Capital gains tax rates
Vacancy rates
Regulatory changes
Current vintage: Q2 2026 Next update: Q3 2026

08

Regulatory notice

HoldAtlas is a scenario analysis tool. It is not a regulated financial adviser, investment firm, or portfolio manager. Nothing on this site constitutes financial advice, investment advice, tax advice, or legal advice.

All scenario projections are based on historical data and simplified models. Market conditions, tax law, interest rates, and financing conditions may change materially. Individual outcomes will differ from modelled projections.

Outputs are model-based estimates, not actual market prices, offers, or guarantees of performance. Property data is aggregated and normalised from public sources and may differ from real transaction values.

Consult a qualified financial adviser, tax professional, and legal counsel before making any investment decision.