Website | Whitepaper | MVP | LinkedIn | Telegram | Twitter | Youtube | Medium
Elements Estates is creating a unique investment opportunity for the real estate industry derived from distressed assets in the South East Europe(SEE) region through Blockchain technology. Lead by a world-class team with a proven track record in the region, Elements Estates is unlocking the real estate market in ways never before attempted on the blockchain, enabling investors to identify the sweet spot between entry and exit for maximum profitability of the utility cryptocurrency fueling its ecosystem, ELES token
The post-recession period of 2008 financial crash has opened a floodgate demand for distressed assets in Europe. The financial crisis caused the biggest relapse in payment of mortgages all over Europe. Notwithstanding the decade-old disaster, real estate has always been a relatively lush and stable sector for short and long-term investments. But to truly unleash the potentials of this industry, experts have, increasingly, been calling for greater transparency and security of all exchanges. A solution that is not only immutable and cannot be tampered with, but is also readily available to anybody from anywhere in the world regardless of their status
South-East Europe (SEE) is one of the most fertile landscape for distressed assets. The region is regarded as possessing the highest mid-term potential from distressed deals within the EU with an averaged annual gross domestic product (GDP) growth of 2.3% despite being saddled with 130 billion euros in non-performing loans. To remain profitable, banks must keep their NLP at a bare minimum and in some cases, are prepared to sell high-collaterals to clean up NLP and inject capital into their operations. Herein lies the opportunity that sets Element Estates apart from all other “real-estate-on-the-blockchain” platform
Elements Estate is offering investors worldwide seamless and direct access to a diversified portfolio of distressed real estate assets in the South Eastern Europe market (SEE) through blockchain technology. Investors from any location can tap into real estate investments opportunity with zero limitations and zero need for any third-party agencies. Its blockchain backed solution will eliminate the hassles facing the lustrous real estate industry by ensuring that buyer gets their title or deed and the seller gets their cryptocurrency payment.
Finding the right properties at the right time is time-consuming, coupled with price negotiation, and property renovation, prospective investors are always in bottleneck situations with liquidity issues, dubious agent, and brokers. With Elements Estates, investors only need to have the platform’s tokens to gain access to properties of choice, vote on decisions on the platform or simply be a part of the ecosystem
Our aim is to offer everyone the opportunity to benefit from distressed and undervalued real estate asset opportunities linked to the Blockchain. To be able to do so and enable above-average liquidity of the token, we have designed the entire process in a way that the ELES token will be the only means of payment for all services and properties in our portfolio, and that the token supply will decrease with every transaction.
The ELES platform will combine the safety and stability of the real estate sector, the high-profit potential of distressed real estate deals and the transparency of the Blockchain. This will support substantial growth of the token value
The development of the ELES platform will take from 6 to 9 months after the Initial Coin Offering (ICO). Decisions on projects, which will be used as an underlying base, will be based on all standard analyses (quantitative, qualitative, static and dynamic with cash-flow projections), checked with our real estate advisors from CBRE, Colliers, or others, and on an algorithm developed by the Elements team that considers the level of risk and the associated rate of return
Elements Estates development is lead by a team of industry veterans who have worked on the acquisition of some of the most important distressed assets in South-Eastern Europe. The team’s proven track record also involves acting as advisor to hedge funds from Western Europe to the US. With this technical and managerial expertise, the platform is establishing a private corporate fund that will fuel the growth of real estate across Europe, governed by smart contracts and Elements estate native token, the ELES
