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NBTC News
Home»Regulation»MetaWealth Launches Greece’s First Tokenized Real Estate Investment Opportunity
Regulation

MetaWealth Launches Greece’s First Tokenized Real Estate Investment Opportunity

NBTCBy NBTC25/10/2024No Comments3 Mins Read
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London, UK and Athens, Greece – MetaWealth, a trailblazer in tokenized real estate investment, has announced the launch of Greece’s first tokenized real estate opportunity: Urban City 44 in the heart of Athens. This innovative offering allows ordinary individuals to invest fractionally in 12 high-end apartments, transforming real estate access for many.

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Urban City 44, developed by Astrea International Properties, boasts stunning views of the Acropolis and features a total of 210 serviced apartments designed for discerning travelers. The investment opportunity is valued at $1.475 million, with each of the 12 units available through 14,753 tokens priced at $100 each. Investors have until November 26 to participate, with an exit planned for 2026.

Utilizing blockchain technology, MetaWealth enables fractional ownership of real estate assets, breaking down barriers to entry in a traditionally exclusive investment sector. This launch marks a significant milestone in Greece’s real estate market, introducing cutting-edge technology to one of the EU’s most dynamic property landscapes.

“We’re thrilled to offer Greece’s first tokenized real estate investment, democratizing access to the property market and solidifying MetaWealth’s leadership in global real estate investment,” said Darren Carvalho, Co-Founder and Co-CEO of MetaWealth.
“Urban City 44 represents an exceptional opportunity for individuals to secure their financial futures in a market once dominated by large corporations and high-net-worth individuals. Our growth continues, with plans to expand into new countries and sectors.”

Darren Carvalho, Co-Founder & Co-CEO of MetaWealth
With the introduction of Urban City 44, MetaWealth expands its reach into Greece, marking its fourth market to date. Investors can feel confident in their participation, as the platform adheres to MiFID II and FCA compliance standards, ensuring a secure onboarding process.

MetaWealth Expands Access to Tokenized Real Estate

Founded in 2023, MetaWealth is dedicated to democratizing access to high-value real estate investments via blockchain. After successfully launching property opportunities in Romania and Spain, the company recently added its first UK listing with a tokenized co-working space in London.

MetaWealth’s commitment to transparency and efficiency has made it a leader in making high-barrier real estate investments accessible to a wider audience. The platform has gained traction across 23 countries, demonstrating its growing influence in the European real estate market.

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About MetaWealth

MetaWealth is a pioneering tokenized real estate investment platform that leverages blockchain technology to provide access to high-value assets. The platform allows retail investors to build diversified portfolios by investing fractionally in prime real estate. With offices in London, Dublin, Bucharest, and Marbella, MetaWealth aims to lead the digital real estate investing space while ensuring regulatory compliance and sustainable growth.

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