Investing in real estate through a blockchain also opens the door to smaller investors around the world. Real estate is one of the safest investment sectors.
However, due to their high price, the availability of some of them is becoming increasingly difficult for a large part of the population. However, the real estate market is changing a new phenomenon - tokenization. Investing in real estate thus also opens up to smaller investors, students, and the general public.
Compared to the options used so far, in the case of real estate, blockchain enables faster and safer real estate transactions. Blockchain relies on cryptocurrencies or non-interchangeable tokens (NFTs). Tokens serve as digital assets and can be bought, sold, transferred, or exchanged on specific platforms.
The new technology is becoming more attractive to many investors, and investing in real estate is becoming more affordable. Thanks to the use of blockchain technology, it is possible to "divide" the ownership of real estate through the irreplaceable NFT tokens.
Thanks to tokens, the real estate market wants to make investment opportunities available to as many people as possible. This is because tokenization makes it possible to divide the property into parts, which will make it easier for small investors or people to whom the banks do not provide mortgages easily to acquire part of the property rights. Through tokenization, you can buy a share not only in the house or apartment, but in any other property.
The use of blockchain and tokenization is also applied in the case of the new AMANTIUS product.
Each of the AMANTIUS apartments represents a constant number of unique tokens. The ownership of each token is registered and verifiable on blockchain. Trading and sale of AMANTIUS tokens will be possible at the end of 2022 on the WEXO NFT marketplace.
The token owner, in addition to the growing value of his token depending on the rising price of the property, also receives other benefits. It will be possible to make a profit from the short-term and long-term lease. Another benefit is the possibility to travel to the apartment for up to 7 nights, stay for free and enjoy your vacation.
AMANTIUS Apartments are located in a newly built complex, in the heart of Mohammed Bin Rashid City (MBR City), on one of the main streets in the emirate of Dubai, in the United Arab Emirates.
Real estate close to the center of Dubai and close to the international airport is a desirable address that will be home not only for residential apartments.