MetaWealth, the most important fractional real estate investment platform, expands in Spain and launches the fourth asset in the portfolio. In less than a year after the release, the company successfully completed the sale of the first three assets in Bucharest. The new real estate asset made available to clients through the app consists of a selection of seven premium apartments in the Mane Residences complex in Málaga, Costa del Sol. The $3.5 million transaction offers investors a solid financial opportunity in one of Europe's most coveted real estate markets.
The premium real estate complex Mane Residences is located in the vicinity of Marbella and benefits from an impressive view of the Mediterranean Sea and a backdrop framed by mountains. Located in one of the most popular regions in Spain, the complex is positioned close to 150 km of beaches, 70 golf courses and benefits from a pleasant temperature all year round, making it a highly attractive investment for buyers with high incomes.
The seven apartments, of which two are exclusive penthouses, out of a total of 49 available in the entire complex, offer an attractive return, forecast at approx. 45.5%, in a period of two years. Through MetaWealth, which aims to democratize access to high-value real estate investments, those interested can invest in fractions of this real estate asset with amounts starting from $100. In addition to reducing the upfront costs required in real estate investment, MetaWealth handles all legal matters in such transactions, eliminating the need for middlemen and opening the way for a new class of property buyers to an international market.
"MetaWealth carefully analyzes promising real estate projects in Europe, simplifying legal procedures and making acquisitions at favorable prices, with the aim of facilitating access to real estate investments for everyone. Our business model offers users of the application unique opportunities, replacing traditional practices in the field and transparently distributing returns globally, through advanced technology," emphasizes Darren Carvalho, co-founder of MetaWealth.
Since launching its first real estate package 8 months ago, MetaWealth has attracted investors from 25 countries, managing over $9.5 million in assets. The platform's efficiency and success for investors has materialized in the distribution of over $120,000 in monthly rental income. To divide ownership of asset bundles and distribute rent securely and transparently, MetaWealth uses blockchain tokenization technology. In less than a year, the application, which benefits from a simple and easy-to-use interface, has been downloaded more than 25,000 times, having approx. 10,000 active users. Among the development plans, the company aims to expand next year in Athens, Greece - another market that shows significant international interest in the real estate area.
The information provided by KomuniK
Prince Paul Phillippe of Romania, one of the country's notorious fugitives, was captured in Malta at a resort where he was on vacation. Paul of Romania has been on the run for nearly four years from the country, where he was sentenced to 3 years and 4 months in prison in the case regarding the […]
Hobița, the village of famous Romanian sculptor Constantin Brâncuși, is at the center of a new temporary exhibition at Art Safari in Bucharest, which opens on Wednesday, May 1, and will be on display until May 19. Art Safari also offers a family program during the Labor Day & Orthodox Easter mini-holiday, open daily from 12:00 […]
The first section of the Transapuseana, a road that crosses Romania's Apuseni Mountains, was recently inaugurated. The section consists of 43 kilometers of county road. The road (DJ 107I), initially known as the 'Transalpina of the Apuseni,' was later renamed Transapuseana. It is the largest investment on a county road in Romania, with a total […]
According to a report from Romania’s National Institute of Statistics, during the period 2020-2022, the proportion of Romanian companies that introduced new or improved products or business processes into the market was 8.8%, a decrease of 1.9% compared to 2018-2020. Business innovation refers to the wide range of activities that enterprises...
SD Worx, a leading European HR and payroll solutions provider, said that it completed the acquisition of Romanian Software SRL, the market leader in Romania for payroll and Human Capital Management (HCM) solutions. Romania thus becomes the 18th European country in which SD Worx has its own proprietary payroll & HR software. SD Worx announced […]
The Holy Light will be brought from Jerusalem to Bucharest on the evening of Saturday, May 4, and then distributed to other areas of the country, according to a press release published by Basilica.ro. Moreover, a delegate of the Metropolis of Moldavia and Bucovina will take the Holy Light from Bucharest to Chisinau, in the […]
