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Bitcoin Sky Mansion

4601 sq ft |
4 Baths |
3 Beds |
Dubai, United Arab Emirates

Views

January 6

Listing

Raise Statistics

First Round Raise
€ 639.290 / € 1.000.000
0%
74
investors
€ 360.710
available
64%
pledged
Annual ROI
Transparent-Box-20x20-1.png

The ‘Annual ROI’ metric displays
the expected total average
percentage gain on your
investment over a period of one
year. This forecast takes into
account both rental income and
capital appreciation. Please note
that this is only a forecast, and
actual results may vary depending
on market conditions.

11,43%
Total ROI 5Y
Transparent-Box-20x20-1.png

The ‘Total ROI’ metric displays the
total forecasted percentage gain
over the overall holding time of the
asset as per the property strategy.
Please note that this is only a
forecast, and actual results may
vary depending on market
conditions.

57,17%
Transparent-Box-20x20-1.png

The total amount that will be
raised on this property is
€3.769.590 including
transactional costs. This is done in
several funding rounds. The soft-
cap for this listing is set at the
completion of the first funding
round or €1.000.000 excluding
transactional costs; From the
moment this target is hit, the
actual on-boarding will take place
and all 1st round participants will
start receiving monthly proceeds.

1st funding round of €1.000.000 – Income distributions will start once the 1st round its raise target has been successfully filled.
Investing starts with a minimum of € 2.500
DubaiBooming real estate market with strong value appreciation and high returns.
RentedProperty is currently rented and managed by our property manager.
Rental guaranteeFirst year rental guarantee locked in at a 5% net income.
DemandThe property is in a high demand for both short and long term rental.
RefurbishmentProperty went through a luxurious refurbishment from its former state.
Ultra LuxuriousPrivate Spa Facility, Office, Bar Area, Private Elevator, Huge Roof Terrace, Outdoor Bar Area, Outdoor Jacuzzi etc.
Acquisition Summary
Transparent-Box-20x20-1.png

The ‘Acquisition Summary’
provides a breakdown of the costs
associated with the acquisition of a
property, including the purchase
price, transaction costs and any
additional expenses. This
information will help you
understand the full scope of an
investment and make an informed
decisions about it.

Property Price
€ 4.846.940
Equity/Mortgage
Transparent-Box-20x20-1.png

The ‘Equity/Mortgage’ metric
represents the amount of funding
that has been secured by either the
current owner, Propchain, or
simply by means of a mortgage in
order to leverage the investment
returns.

- € 1.275.520
Transaction Costs
Transparent-Box-20x20-1.png

The extensive breakdown of the
transactional costs can be found in
the information memorandum
under the documents section on
this page.

€ 188.550
Total Raise
€ 3.759.970
Income Forecast 5Y
Transparent-Box-20x20-1.png

Income Forecast 5Y
provides a breakdown of the
expected income and expenses for
a property over a period of 5 years.
This provides you with the
forecasted financial performance
of the property. A detailed
breakdown of the income and
expenses can be found in the
information memorandum under
the document section of this page.
Please note that this is only a
forecast and actual results may
vary depending on market
conditions.

Projected Gross Income
€ 2.095.510
Mortgage Pymts. & Costs
- € 507.730
Property Mgmt. & Charges
- € 629.040
Total Net Income
€ 958.980
Return Summary
Transparent-Box-20x20-1.png

Return Summary provides
an overall prognosis of the total
performance, including income and
capital appreciation, of the asset over its
holding period. Please note that this is
only a forecast and actual results may vary
depending on market conditions.

Projected Exit Price
€ 5.994.900
Settlements
Transparent-Box-20x20-1.png

The ‘Settlements’ metric refers to
the reimbursements that are made
to all note holders after a
successful exit and represents the
nominal value (excluding
transactional costs) of the notes.
Please note that this is only a
forecast, and actual results may
vary depending on market
conditions.

€ 4.594.400
Profit Share Propchain
Transparent-Box-20x20-1.png

The ‘Profit Share Propchain’
metric represents the percentage
of profits that Propchain receives
upon the successful exit of a
property. This profit share is
performance-based and is
calculated over the gross realized
profit on the property over its
overall holding period. Please note
that this is only a forecast, and
actual results may vary depending
on market conditions.

€ 210.080
Total Net ROI
€ 1.190.440
Total Net Income
€ 958.980
TOTAL ROI
€ 2.149.420
TOTAL ROI %
57,17%

Property Details

Propchain is offering a once in a lifetime opportunity to invest in a luxurious Triplex Sky Mansion located in the heart of Downtown Dubai. This property is located in the prestigious Boulevard Point building and is directly connected to the world-renowned Dubai Mall. The Sky Mansion boasts an extraordinary view that overlooks nearly 200 degrees of the Emirate and is located in the hub of tourism, business, and entertainment in Downtown Dubai.

The strategic position of the Sky Mansion and the business-driven nature of the area make it highly sought after, with high demand for both short and long-term rentals from expats and locals alike. The acquisition price of EUR 4.846.940, coupled with a secured bank loan/sponsor quality of EUR 1.275.520, generates a net yearly average ROI of 11.43% and a net average yield of 5.1%. In addition, a rental guarantee of a 5% net yield for the Sky Mansion’s first year is in place, bringing the overall ROI for the inaugural year to an impressive 11%.

The Sky Mansion’s value has recently increased significantly following the completion of luxurious renovations, and it is projected to sell for EUR 5.994.900 at the end of its five-year holding period, resulting in an overall project ROI of 57.17% for the property. With current all-time high inflation rates, minimal to negative returns on bank deposits, and the high influx of wealthy individuals to Dubai, this property presents a low-risk investment opportunity with solidified returns for investors with a long-term outlook.

The Securitization Vehicle for this investment opportunity undergoes an independent yearly audit by EY (Ernst & Young) Luxembourg and is legally counseled by CMS Law Luxembourg. Domiciliation and corporate services are provided by Opportunity Financial Services Luxembourg. Don’t miss out on this exclusive opportunity to invest in a unique and luxurious Sky Mansion in the heart of Downtown Dubai.

Our property investment strategy involves securing a long-term rental for the first year of ownership with a rental guarantee of 5% currently in place. After the first year, we will consider utilizing short-term rental options to generate higher returns if market conditions allow. There is an option in place to extend another year of rental guarantee at a reindexed rate. In the second year of ownership, we will list the property for sale at a higher-than-market-conform price to gauge interest and find optimal pricing for this ultra-luxurious property, as the Dubai markets tend to overpay for unique properties like this one. The ultimate goal is to sell the property at the end of the fifth year of ownership at the minimum projected price as displayed above.

Downtown Dubai is both a hub for high-demand from eager investors and property developers. Characterised by yearly residential growth of 20%, rental prices have been meeting market metrics by increasing accordingly, providing any investor in the neighbourhood not only with a steady cashflow, but a constantly growing one at that. Downtown’s growth trends in construction, rental pricing, property valuations and influx of both locals and expats are expected to persist everyday, making it the ideal location for long-term viable investments, but also for those seeking a present-day passive cash influx investment, backed by local incentives and market attestation.

Raise Statistics

First Round Raise
€ 639.290 / € 1.000.000
0%
74 investors
€ 360.710 available
64% pledged
Annual ROI
Transparent-Box-20x20-1.png

The ‘Annual ROI’ metric displays the
expected total average percentage gain on
your investment over a period of one year.
This forecast takes into account both
rental income and capital appreciation.
Please note that this is only a forecast, and
actual results may vary depending on
market conditions.

11,43%
Total ROI
Transparent-Box-20x20-1.png

The ‘Total ROI’ metric displays the total
forecasted percentage gain over the
overall holding time of the asset as per the
property strategy. Please note that this is
only a forecast, and actual results may
vary depending on market conditions.

57,17%
Transparent-Box-20x20-1.png

The total amount that will be raised on
this property is €3.769.590 including
transactional costs. This is done in several
funding rounds. The soft-cap for this
listing is set at the completion of the first
funding round or €1.000.000 excluding
transactional costs; From the moment this
target is hit, the actual on-boarding will
take place and all 1st round participants
will start receiving monthly proceeds.

1st funding round of €1.000.000 – Income distributions will start once the 1st round its raise target has been successfully filled.

Investing starts with a minimum of € 1.000

Documents

Timeline

Closing 1st Capital Round - 05/02/2023
This is the offering window of the first capital round, in case the target has not been met the soft-cap can be either lowered or the window can be extended by 30 days.
Finalization On-boarding - 10/02/2023
As per the manual on-boarding in this stage of the MVP, we would need approximately 5 days to finalize all formalities relating to the first capital round its underlying notes.
Closure Facility Agreement - 15/02/2023
After the successful onboarding process, the facility agreement will be finalized with the SPV and the proceeds of the first capital round will be transferred.
First Rental Payment - 01/03/2023
We estimate to collect the first rental payment for the property on the first of March 2023.

Documents

Property Details

Propchain is offering a once in a lifetime opportunity to invest in a luxurious Triplex Sky Mansion located in the heart of Downtown Dubai. This property is located in the prestigious Boulevard Point building and is directly connected to the world-renowned Dubai Mall. The Sky Mansion boasts an extraordinary view that overlooks nearly 200 degrees of the Emirate and is located in the hub of tourism, business, and entertainment in Downtown Dubai.

The strategic position of the Sky Mansion and the business-driven nature of the area make it highly sought after, with high demand for both short and long-term rentals from expats and locals alike. The acquisition price of EUR 4.846.940, coupled with a secured bank loan/sponsor quality of EUR 1.275.520, generates a net yearly average ROI of 11.43% and a net average yield of 5.1%. In addition, a rental guarantee of a 5% net yield for the Sky Mansion’s first year is in place, bringing the overall ROI for the inaugural year to an impressive 11%.

The Sky Mansion’s value has recently increased significantly following the completion of luxurious renovations, and it is projected to sell for EUR 5.994.900 at the end of its five-year holding period, resulting in an overall project ROI of 57.17% for the property. With current all-time high inflation rates, minimal to negative returns on bank deposits, and the high influx of wealthy individuals to Dubai, this property presents a low-risk investment opportunity with solidified returns for investors with a long-term outlook.

The Securitization Vehicle for this investment opportunity undergoes an independent yearly audit by EY (Ernst & Young) Luxembourg and is legally counseled by CMS Law Luxembourg. Domiciliation and corporate services are provided by Opportunity Financial Services Luxembourg. Don’t miss out on this exclusive opportunity to invest in a unique and luxurious Sky Mansion in the heart of Downtown Dubai.

Our property investment strategy involves securing a long-term rental for the first year of ownership with a rental guarantee of 5% currently in place. After the first year, we will consider utilizing short-term rental options to generate higher returns if market conditions allow. There is an option in place to extend another year of rental guarantee at a reindexed rate. In the second year of ownership, we will list the property for sale at a higher-than-market-conform price to gauge interest and find optimal pricing for this ultra-luxurious property, as the Dubai markets tend to overpay for unique properties like this one. The ultimate goal is to sell the property at the end of the fifth year of ownership at the minimum projected price as displayed above.

Downtown Dubai is both a hub for high-demand from eager investors and property developers. Characterised by yearly residential growth of 20%, rental prices have been meeting market metrics by increasing accordingly, providing any investor in the neighbourhood not only with a steady cashflow, but a constantly growing one at that. Downtown’s growth trends in construction, rental pricing, property valuations and influx of both locals and expats are expected to persist everyday, making it the ideal location for long-term viable investments, but also for those seeking a present-day passive cash influx investment, backed by local incentives and market attestation.

Timeline

Closing 1st Capital Round - 05/02/2023
This is the offering window of the first capital round, in case the target has not been met the soft-cap can be either lowered or the window can be extended by 30 days.
Finalization On-boarding - 10/02/2023
As per the manual on-boarding in this stage of the MVP, we would need approximately 5 days to finalize all formalities relating to the first capital round its underlying notes.
Closure Facility Agreement - 15/02/2023
After the successful onboarding process, the facility agreement will be finalized with the SPV and the proceeds of the first capital round will be transferred.
First Rental Payment - 01/03/2023
We estimate to collect the first rental payment for the property on the first of March 2023.
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