SUMMARY
Team :
- CEO and Co-Founder = Kristaps Cuders
- Design director and Co-Founder = Santa Krieva
- Head of construction and execution and Co-founder = Martins Spelmanis
Coreestate utilizes blockchain technology to make real estate investments more accessible through tokenization. Their platform allows individuals to invest in rental properties by purchasing digital tokens, which represent fractional ownership in specific real estate projects. These tokens grant investors a share of rental income and potential value appreciation, removing the traditional barriers of high capital requirements.
The company’s approach includes acquiring and renovating residential properties, financed through the issuance of security tokens. For example, their GREV55 project in Denmark transformed an older building into modern apartments, funded by token sales. Investors benefit from passive rental income and enhanced transparency, with the added advantage of trading their tokens on secondary markets.
With a low minimum investment of €100 and projected annual returns of approximately 10%, Coreestate makes property investment accessible to a broader audience. By bypassing conventional bank loans, they empower both retail and institutional investors to participate in real estate opportunities at a reduced cost
Pros
- European company
- Danish real estate is in a big boom at the moment
- Lots of potential capital gain because the house are not renovated yet
Cons
- rent only payed every 3 months
- Euro stable coin
- 100E entry fee compared to other its quite high
- you enter before renovation and loan so don’t have straight revenue
- No external exchange platforms for the moment 6
- 6 steps buy in procedure
- Ethereum blockchain very expensive