RE: The Right Way to do Fractional Ownership

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The Right Way to do Fractional Ownership

in ethereum •  6 years ago 

Nice insight - The project seems quite interesting..do you reckon such a projects success is quite dependent on the law of the land too ?

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Actually, that's a very good question.
This fund is very well-timed since Dubai released pro-REIT laws only 2 months ago.

Thanks for sharing ! that's news :) of all Dubai - will certainly check it out :)

  ·  6 years ago (edited)

Yeh, plus rental returns are some of the highest in the world here. The only drawback is that there's a 4% initial purchase fee owed to the government.

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