MetaWealth Launches Greece’s First Tokenised Real Estate Investment Opportunity with Urban City 44 in Athens
MetaWealth, a leading tokenised real estate investment platform, announced the listing of Greece’s first tokenised real estate investment. The listing of 12 apartments in the Urban City 44 development empowers individuals to fractionally invest in international-grade real estate in the heart of Athens.
Urban City 44, located in central Athens with views of the Acropolis and developed by Astrea International Properties, is a high-end development of 210 serviced apartments for discerning travellers. MetaWealth’s $1.475 million investment opportunity consists of 12 units available to investors through 14,753 tokens listed at $100 per token. The offer period will close on the 26th of November, with the investment exit scheduled for 2026.
MetaWealth utilises blockchain technology to enable fractional investment in real estate assets, democratising access to property investing by transforming each property into digital tokens representing ownership. The listing of the Urban City 44 properties on the MetaWealth platform is the first tokenised real estate investment opportunity in Greece’s history, introducing a pioneering technology to one of the EU’s fastest growing real estate markets.
Darren Carvalho, Co-Founder and Co-CEO of MetaWealth, said “We’re thrilled to list the first tokenised real estate investment opportunity in Greece, democratising access to the Greek property market and further establishing MetaWealth as a leader in the global real estate investment industry. The Urban City 44 development is a fantastic option for individuals looking to secure their financial future and gain access to an investment class previously reserved for large corporations or high-net-worth individuals. Over the next few months, MetaWealth will continue its extraordinary growth with listings in new countries and sectors.”
With the listing of Urban City 44, MetaWealth adds its first investment opportunity in Greece, its fourth country supported to date. This strategic move enables MetaWealth users to invest in one of the EU’s fastest growing property markets, following a MiFID II and FCA-compliant investor screening, onboarding and monitoring process, with best-in-class systems and expertise.
MetaWealth’s real estate investment platform launched in 2023, tokenising international-grade investments in property developments in a mission to boost access to traditionally high-barrier investments. MetaWealth first offered property investment opportunities in Romania, the EU’s fastest growing economy, and following high demand from investors, expanded its platform with investment opportunities in Spain last December. Earlier this month, MetaWealth listed its first property in the UK with The Square, a tokenised Web3 co-working space in the heart of London.
Since its inception, MetaWealth has pioneered the use of blockchain to make traditionally high-barrier real estate investments accessible to a broader audience. The company has been profitable since its first year and continues to expand its presence across Europe, with investors from 23 countries using the MetaWealth platform.