Global Reit - new approach to buying real estate

in #cryptocurrency6 years ago

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Everyone at least once in his life thought about buying a house, somewhere in the French Riviera? And if everything seems to be easy in dreams, then in life, to become an owner of real estate abroad, it is almost impossible for a person without a monthly income of the order of several hundred thousand dollars. Real estate in well-known resorts can be acquired only by oligarchs and oil tycoons. A simple man can only live his dream and look at beautiful landscapes on pictures from the Internet.

Here it is the reality of the real estate market. Many people can not afford to buy a few square meters in their own country, and it's not even worth talking about resort areas. Why does it happen?

Despite the fact that investments in this asset are very promising, they are too high. Buildings are constantly, but with each year the cost only increases. Buying residential and commercial real estate, a person tries to make a contribution to his future life. Someone is building their own business in renting out space. In some European countries, the share of tenants is about 60% of the total population, and it's not visiting tourists, but indigenous people. Many families live for tens of years in rented houses and villas.

Statistics show that investment in real estate pays off within 10-20 years. Depends on the location and in recent years, the real estate market began to actively appear fraudsters, which force people to give share contributions to future real estate objects, as a result, disappear with money, or go bankrupt. Inattentive investors do not read contracts and in the end remain without their hard earned money.
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We need a radically new approach.

The Global Reit project wants to improve the real estate market, make it more transparent and accessible to more clients. The team chose one of the richest cities in the world - Dubai - to start its work.

At its core, the project is a standard investment fund, but completely excludes the possibility of fraud in this sector at any stage of the transaction. All information is recorded in the blockchain, therefore, construction companies will not be able to make any changes to the buyer's contract. Any interested person can become an investor, as Global Reit reduces the threshold of entry and allows buying shares from the general fund of real estate. Accordingly, we have an honest equity investment fund that not only helps to acquire objects abroad, but also helps to make a profit when working in this ecosystem.

What guarantees will be given to me?

Global Reit assumes all responsibility for the legal issue related to investing abroad in the real estate segment. A team of professionals has long specialized in this direction. Blockchian will secure all funds invested by investors in the purchase of objects.

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For ease of use within the platform, the development team introduces two tokens. Why two tokens you may ask? The UAE is a Muslim country that strongly reveres the laws

Sharia, therefore, riba (usury) speaking of any surcharges, should be justified. The first of the GREM tokens will be based on the growth in prices of each of the properties, equal to 2%. GRET is a token that will be paid to holders for the income from all assets under the management of the investment fund, equal to 8% per annum.

Separately, it should be noted that the domestic currency will be compared with real assets, thereby ensuring stability in the market of crypto currency.

The project team predicts the rapid growth of the Crypto-currency after entering the exchange. Real estate will never cease to be relevant and in demand. Each of you, in the nearest future, will be able to become the owner of the cherished dream at the paradise of our planet.

LET'S WISH THE GOOD LUCK TO TEAM OF DEVELOPMENT!

More information can be found on the official sources of the project:

WEBSITE
WHITEPAPER
FACEBOOK
TWITTER
TELEGRAM

Author: zokilnmet
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Personally not a fan of Reids but if it works for others...

Okay autocorrect messed with my message: Reits

Hey @markdeheide. And why, if not a secret?

Because you are just getting a certain percentage but no equity.

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