Equito is a mobile app that offers simplified investments in real estate from 100€. It allows any 18+ years old to invest in rental investment opportunities and receive monthly rents.Our mission is to democratize access to real estate investment opportunities to all.
Equito has three main activities:
1. Real Estate: Search for profitable properties, for subsequent rental and sale
2. Technical: Tokenization of the economic rights of those properties via mobile application (App) and making the tokens available to potential investors. Equito App also takes care of the management and distribution of monthly rentals
3. Legal: Ensuring the legality of the whole process.
Every person aged 18+ is in the right to invest on Equito app once they complete with KYC and/or AML verifications. For legal reasons, some countries are restricted.
No. Our solution was designed to enable anyone to invest in Real-Estate whether you know about crypto or not. You can always discover crypto at your rhythm on our learning module in the app.
It takes only 4 steps to invest in Equito tokens
1. Download Equito App on Android or iOS
2. Complete your identity verification (it should take 1 minute)
3. Choose the property you want to invest in
4. Complete your purchase
You have 3 principal contact channels that are:
1. In App : Go to your profile and click on the “HELP” blue button. You can start a conversation with an Equito agent.
2. On our Web page: www.equito.app , start a conversation with an agent using the “HELP” widget
3. By email: contact@equito.app
We distribute the rents at the beginning of the following month. e.g.: We distribute the month of November between the 2nd and the 5th of December. If you invested in the middle of the month, you will receive the rents proportionally for that month.
Yes, you can. There are 2 ways to do this:
1. If you have enough in your equito balance to pay for the total price of your tokens, you can choose the "Balance" payment method.
2. If your balance only covers part of your new investment, choose the payment method "card, apple or google pay" and select the "discount from balance" option below. Part of your investment will be paid with your balance, the rest will be charged to your card.
There are 2 ways to make money with tokens:
1. Monthly yield or dividend equivalent to 1 token:
Monthly dividend 1 token=(Total rent - operating expenses [tax + property management+other operating costs]) / number of tokens).
2. Real estate capital gain
If an added value is made once you sell your token, or once the property is sold, you will also receive interests.
We distinguish 2 types of returns:
- Rents: Expected return between 4% and 10% per year
- Added value: Expected return of 1% to 5% per year
Be aware that several criteria can affect up or down the profitability as leverage, renovations and the real-estate market trend.
Since the first month the property is rented, we distribute rents directly on the app. You are free to cash-out your rents whenever you wish, starting from 2€.
There are 2 ways of selling:
1. On completion of the investment, when the property is sold. Terms can vary from 2 to 9 years, we monitor the market of the property and sell at what we consider to be the best time for the investor.
2. Equito “Buy Back”: Several times a year, we repurchase tokens to provide liquidity. At that time, investors will be invited to resell their tokens to us. We adapt the number of buybacks based on user demand.
Gross rent is the rent paid by the tenants every month.
Net rent is the gross rent minus all expenses and fees.
Net rent is distributed monthly to investors as dividends.
It can fluctuate with rent price and expenses paid.
There are no charges to open an Equito account.
Equito App charges an 8% fee on the money raised.
We also charge a 10% commission on the rents to manage the property, find tenants and collect the rents. From EQT-0018, Equito App will also charge 1/5 of the capital gain distributed to the user at the moment of the sale.
When purchasing a token, you will sign a contract resuming all the terms of the investment. This contract will be in your name and act as proof of your investment.
Here, tokens are the representation of participative loans. It gives you the right to a share of the properties revenue.
Equito holds the deed so that we take care of all the administrative for you. By owning a token, you own a share of the properties revenue. You can see the property deed in each property page.
Investors should pay taxes on the interest received, meaning on the rents we send you every month and on the added value when it is paid. For Spanish residents, we withold the taxes and pay them directly to the tax administration. For non-spanish resident, please send us a tax certificate.
We analyze and choose properties depending on the estimated profitability that we can get. Some of the criteria we analyze are: attractivity of the area, rent potential, technical installations of the property, yearly taxes, potential value increase, renovation needs in the next years.
Equito Real-Estate is managing the properties. We will onboard other trusted real-estate management companies to propose properties in different locations.
In the token price, we planned a maintenance reserve to manage eventual renovations. If this reserve is not spent, it will be sent back to the investor at the term of the investment.
Here are some of the principal benefits of tokenizing real-estate:
-Lower entry amount: One property can be divided in smaller units and therefore, the entry minimum amount to invest can be easily divided by 10000.
-Bring liquidity: A token is easy to exchange between users.
-Transparency: Contracts and transactions can be verified.
For polygon tokens, they can be verified here : https://polygonscan.com/
Our Equito Tokens are issued on Polygon. We could use other blockchains in the future if we see a competitive advantage.
The world of cryptocurrencies is vast and, most importantly, still evolving.
To summarize, here are the main token types:
-Platform tokens support decentralized apps (dapps) built on the blockchain.
-Security tokens represent legal ownership of a physical or digital asset.
-Transactional tokens serve as units of account and are exchanged for goods and services.
-Utility tokens are integrated into an existing protocol and used to access the services of that protocol.
-Governance tokens fuel blockchain-based voting systems.
We distinguish 3 definitions of what a blockchain is:
-Technical: The blockchain is a back-end database that maintains a distributed ledger that can be inspected openly.
-Business: The blockchain is a exchange network for moving transactions, value, assets, between peers, without the assistance of intermediaries.
-Legal: The blockchain validated transactions, replacing previously trusted entities
Not yet. We are currently working on it to enable you to store your token on the wallet of your choice. For now, all the tokens are stored and secured by us.
In the secondary market, you can buy tokens that other users have previously sold to Equito.
Equito buys back tokens from users who want to exit. After a certain period of time, we put these tokens on the secondary market and other users can buy them.
There are 2 ways to sell your tokens and recover your investment:
1. At the end of the investment, when the property is sold. The estimated term of the investment will be mentioned on the property page and in the purchase contract. The terms may vary from 2 to 9 years, depending on the chosen strategy.
2. Equito Buyback: Several times per year, we buy back tokens to provide liquidity. At this time, investors will be invited to resell their tokens to us. We adapt the numbers of buybacks based on the demand of users. To see previous and future buybacks, go on your dashboard, menu and click on sell tokens.
Not for now. Nevertheless, you can sell your tokens to Equito during “Buy back programs”. To see previous and future buybacks, go on your dashboard, menu and click on sell tokens.
Real-Estate is a long-term investment but we understand that you might need liquidity, that is why we propose to buy back tokens.
As we can’t sell the property to provide liquidity to a few users, we look for an external source of financing to buy back your tokens. Here is how you can sell your tokens to Equito:
1. Access the buy back from your dashboard by clicking on “…” and sell.
2. You will see the available programs and the ones already planned. Choose a buy back available program, click on sell, and the money will be credited to your balance.
3. You can then send it to your bank account or crypto wallet.
Buying back incurs fees from our side as we need to unlock capital. To keep this feature available on the long term and provide you short term liquidity, we charge a 3% fee on the buy back. If you bought your token at 100€, we will buy it back for 97€.
The money is sent to your Equito App balance. From your dashboard, you can then withdraw it to your € bank account or crypto wallet.
Dates of the next buy backs are available on the buy back interface. To access it, from your dashboard, click on “…”, then “Sell tokens“.
The number of buybacks per year is not fixed. We display the next ones on the buyback interface. We are strongly increasing the frequency and volumes.
When you sell a token, you will not receive the rents of the ongoing month.
We limit the number of tokens you can sell at each buy back to help more people get liquidity. You can always sell more tokens in another buyback. Do not worry,Equito is increasing the number of tokens that can be sold per user for each buy back.
