Coreestate.io Pioneers Tokenized Real Estate in Scandinavia: A Game-Changer in Property Investment
Revolutionizing the Rental Property Industry with Blockchain and Digital Assets
Coreestate.io, the leading innovator in the real estate investment space, is proud to announce a groundbreaking development in the world of property investment. With its mission to make affordable and sustainable living accessible to everyone, Coreestate.io is set to disrupt the traditional rental property model through the power of blockchain and digital assets.
In a historic move, Coreestate.io launched the first tokenized real estate project – GREV 55 in Scandinavia, opening up a world of opportunities for investors looking to tap into the Scandinavian real estate market.
Real Estate ownership for All
Coreestate.io presents an unparalleled opportunity for both seasoned investors and newcomers to secure passive incomes with ease. With an entry barrier as low as 100€, Coreestate.io dismantles the traditional obstacles that have limited real estate investments to a select few. Now, every type of investor, from the smallest to the largest, can become a part of the Scandinavian real estate market.
In Denmark, properties have historically been known for their high cost of entry, often limiting access to this lucrative asset class to a privileged few. Coreestate.io is committed to breaking down these financial barriers and democratizing access to Danish real estate. By tokenizing properties and offering low entry barriers, Coreestate.io is leveling the playing field, allowing both local and global investors to participate in the Danish real estate market like never before. This revolutionary approach not only makes investing more inclusive but also opens up new avenues for affordable and sustainable living in Denmark.
Now, investors have the exceptional opportunity to participate in the first tokenized property in Denmark, Grev 55 Property—an unprecedented and groundbreaking opportunity within the Danish real estate market.
GREV 55 Property
GREV 55 – the property is located in the Danish city of Vejle. It has a unique location on the top of a hill close to Vejle’s city center. It has a private driveway and parking for residents. The area around the building is rich with beautiful nature while located right by the city center. The GREV55 property comprises a stand-alone three-storey building with a total gross area of 396m2. The land plot that belongs to the building is 918m2, which will allow residents to have plenty of outside areas located close to the house. Originally, the building was built in 1912; it has undergone multiple modernizations; however, at the moment, it needs to be renovated to meet modern standards.
The renovation process consists of rebuilding 3 apartment buildings into 5 modern and energy-efficient apartments, ensuring that future tenants have a pleasant, attractive and cost-efficient house to live in. During the renovation process, it is planned to renovate the facade by thermo isolating it, replacing windows, doors, electrical installations, plumbing, and heating systems, and refurbishing the interior.
We estimate that the building’s market value after renovation will be 2 million €, and the yearly rent collected will be 70,000€. It serves as a great investment property in one of the most stable real estate markets – Denmark.
Coreestate’s Vision for Affordable and Sustainable Living.
At Coreestate.io, the company’s core vision is to transform the real estate landscape, aiming to ensure accessible and sustainable living for all. Their mission revolves around disrupting the conventional rental property model, advocating for consumer ownership of rental properties. Beyond profit, Coreestate.io places a strong emphasis on the well-being of both properties and investors, with a commitment to making housing affordable for everyone.
The company is dedicated to fostering a sense of community and empowering individuals to invest in their future. Their vision extends beyond financial gains, as they aspire to create an inclusive real estate ecosystem where all stakeholders benefit. Coreestate.io is driven by the goal of making a meaningful impact, one property at a time.
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