MetaWealth, a leading platform for tokenized real estate investments, has announced the launch of Greece’s first-ever tokenized real estate offering. This innovative listing features 12 apartments within the Urban City 44 development, allowing individuals to fractionally invest in prime real estate in central Athens.
Urban City 44 Overview
Situated with views of the Acropolis, Urban City 44 is a high-end development featuring 210 serviced apartments, tailored for discerning travelers. Developed by Astrea International Properties, the project aims to cater to the growing demand for luxury accommodations in one of Europe’s most vibrant cities.
MetaWealth’s investment opportunity is valued at $1.475 million, consisting of 12 units available for fractional ownership through 14,753 tokens priced at $100 each. The investment offer will close on November 26, with a planned exit date in 2026.
Revolutionizing Real Estate Investment
MetaWealth leverages blockchain technology to facilitate fractional investments in real estate assets, democratizing access to property investing. By converting properties into digital tokens, MetaWealth enables a broader audience to participate in real estate markets previously dominated by large corporations and high-net-worth individuals.
Darren Carvalho, Co-Founder and Co-CEO of MetaWealth, expressed excitement over this landmark opportunity: “We’re thrilled to list the first tokenized real estate investment in Greece, democratizing access to the Greek property market and solidifying MetaWealth’s position as a leader in global real estate investment.”
Expanding Horizons in Europe
With the Urban City 44 listing, MetaWealth marks its entry into Greece, its fourth country of operation. This strategic move provides users with access to one of the EU’s fastest-growing property markets, following a rigorous MiFID II and FCA-compliant investor onboarding process.
MetaWealth, launched in 2023, has been pioneering the tokenization of international-grade property investments, initially offering opportunities in Romania and later expanding to Spain and the UK. The platform has quickly gained traction, attracting investors from 23 countries and achieving profitability in its first year.
As MetaWealth continues to grow, it plans to introduce more listings across new countries and sectors, further broadening access to real estate investments in Europe.
Related Topics:
Major UK Property Sales Set to Test Market Resilience Post-Slump
