ANSWERS TO YOUR QUESTIONS
Frequently Asked Questions
What is PropertyShares?
PropertyShares is a fictional real estate crowdfunding and property buy platform that allows investors to purchase shares in properties in North Cyprus or buy properties outright using cryptocurrencies.
Is PropertyShares a Cryptocurrency?
No, PropertyShares is not a cryptocurrency.
The security tokens on PropertyShares represent fractional ownership interests in high quality, commercial real estate in the US. There is no cryptocurrency risk and all transactions are in stable cryptocurrencies like USDT or USDC.
Why should I trust PropertyShares?
With events like FTX’s collapse, blockchain and crypto related companies can sometimes raise flags. Here is what you should know about us.
#1. Clear legal protections: PropertyShares operates in compliance with all applicable laws and regulations, and is committed to ensuring that all investments are made safely and securely.
#2. Transparent interactions: Transparent interactions: All transactions related to your investments are publicly available on our smart contracts, and are legally separate from PropertyShares.
#3. Experienced team and strict security measures: Experienced team and strict security measures: Our team is backed by experienced investors, and we operate with strict security and privacy controls in place to protect our platform and our users' personal and financial information.
How are projects on the PropertyShares marketplace sourced?
At PropertyShares, we take great care to source high-quality investment opportunities for our investors. Our team works closely with developers, property owners, and other partners in North Cyprus to identify and evaluate potential projects, and we conduct thorough due diligence on each opportunity before presenting it on our platform.
We prioritize transparency and honesty in our sourcing process, and we make all relevant information about a project available to our investors so they can make informed decisions. We also have strict guidelines in place to ensure that all projects meet our standards for quality and risk.
Ultimately, our goal is to provide our investors with a diverse range of investment opportunities that meet their individual needs and risk tolerances. We believe that by carefully sourcing and presenting only the best investment opportunities, we can help our investors build a balanced and successful portfolio.
Are there investment minimums?
At PropertyShares, we believe that everyone should have the opportunity to invest in real estate, regardless of the size of their investment. That's why we don't have any minimum investment requirements on our platform. You can start investing with as little as 10$, and you can invest in multiple properties or projects to diversify your portfolio.
We understand that every investor has different financial goals and resources, and we want to make it as easy as possible for you to access the investment opportunities that are right for you. So whether you're looking to make a small investment to test the waters or you're ready to commit a larger amount, PropertyShares has options for you.
What is crowdfunding?
Crowdfunding is a way for investors to pool their money together to fund a project or purchase a property. On the PropertyShares platform, investors can choose to invest in a crowdfunding campaign by purchasing shares in the property or project.
How does crowdfunding work on PropertyShares?
When a crowdfunding campaign is launched on PropertyShares, investors can choose to contribute as much or as little as they like towards the campaign goal. The campaign goal represents the amount of funds needed to purchase the property being crowdfunded. Until the campaign goal is reached, investors are free to withdraw their investments at any time without any penalties or taxes.
Once the campaign goal is reached, the funds are locked in to purchase the property and cannot be withdrawn. Investors will then receive their share of the rental income from the property on a regular basis, and at the end of the hold period or upon the decision of the majority of the property holders, the property will be listed for sale. The proceeds from the sale will then be distributed to the investors based on their ownership stake in the property.
What happens if a crowdfunding campaign doesn't reach its goal?
If a crowdfunding campaign doesn't reach its goal by the deadline, all invested funds will be returned to the investors automatically. PropertyShares may choose to re-launch the campaign at a later date or modify the terms of the campaign in order to make it more attractive to investors.
Can I invest in multiple crowdfunding campaigns at the same time?
Yes, you can invest in as many crowdfunding campaigns as you like on PropertyShares. We encourage our investors to diversify their portfolios and to consider investing in a range of properties and projects in order to spread risk and maximize potential returns.
How do I track the progress of a crowdfunding campaign on PropertyShares?
To track the progress of a crowdfunding campaign on PropertyShares, you can visit the campaign page on our platform and check the progress bar. This bar shows the percentage of the campaign goal that has been reached so far, as well as the total amount of funds that have been raised. You can also view the number of investors who have contributed to the campaign and the remaining time until the campaign ends. If you have invested in the campaign, you can also visit the "My Investments" section of your account to view the current status of your investment and the projected returns. Additionally, you can sign up for updates about the campaign by following PropertyShares on social media or subscribing to our email list. This will ensure that you stay informed about the latest developments in the campaign and any changes to the expected timeline.
How do I withdraw my rental income or proceeds from the sale of a property?
You can choose to receive your rental income or proceeds from the sale of a property in USDT coin. To withdraw your funds, simply visit the "My Investments" section of your account and follow the prompts to initiate the withdrawal.
Can I invest in a property individually, without participating in a crowdfunding campaign?
Yes, Buying a property individually on PropertyShares is similar to the traditional process of buying a property, but with the added convenience of being able to use cryptocurrency or fiat currency as payment. To buy a property individually, you can browse the available properties on our marketplace and select the one you are interested in.
PropertyShares makes it easy to buy a property by offering financing options such as 30% down payments and interest-free loans for up to 3 years.