Frequently Asked Questions (FAQ)
How does Fractional ownership work ?
Our approach to fractional ownership ensures that ownership acquired by our users in anyproperty is represented via an SPV that maintains the asset through an Egyptian LLC. This corporate and legal structure guarantees true
and secure ownership for our users.
Can I sell my quota in a property anytime? (Exit Window)
Yes. You can list your quota for sale anytime after maintaining your investment for a minimum duration of 18 months. our team will help promote and sell your quota on a best efforts basis.
Do you overlook the management of the property ?
We overlook the management of properties that are listed or held on the platform fractionally, either directly or via 3rd party property management companies.
When I own quotas in a property , do I actually own a fraction of the property?
Yes. You will own a share in the property SPV. Your share price is determined by your fraction value at closing and valued according to sale price according to market demand at exit.
So yes, you do own a share in the property, and all the benefits that come with it, without the hassle of managing it or transfer of ownership.
Can I stay at the property, if I own a fraction?
If the property is a hotel or serviced apartment type, and available during the dates of your stay , you are more than welcome to book it, a booking link will be shared in your profile to reserve the unit (if available).
If I own a quota of a property,do I get a discount for my stay?
Considering other owners' interests, no discounts are provided unless decided otherwise by the management company to announce discounted rates through booking platforms to apply to all users.
Do you manage my fraction of the property for me?
While we will facilitate and overlook this process on your behalf, property Management may be designated through 3rd party Management companies. If the property is a Hotel or service apartment; The property may be listed on platforms such as Airbnb or booking for short stay bookings or rented out long term. This decision is at the discretion of the Management company depending on which given opportunity will yield the highest return for owners and the property type,
What if no one expresses interest in my listing?
It may be that your asking price is too high. Try to adjust your price to match market demand, We will always provide our best efforts to actively promote and market listings.
What if the company files for bankruptcy?
Our legal structure protects property owners by localizing ownership of every property in a separate and independent legal entity. mitigating risks and isolating the property from exposure
What if I die? Who does my property portfolio go to?
As the final step of your verification process you will be required to sign and submit a next of kin form. An account will be created to respect your wishes in accordance with laws and regulations. Kindly check policy and terms of use for more info.