Frequently Asked Questions
Find here the answer to the most frequently asked questions about BlocHome.
How it works
Clapton & Rents
BlocHome is a revolutionary platform that offers a simplified, secure, and speedy way for anyone to enter the real estate market. BlocHome allows you to become a property owner and easily buy and sell shares in our growing real estate portfolio through tokens. This enables you to reap the benefits of ownership without any hassle.
By buying BlocHome tokens, you become a co-owner of the company that owns the real estate buildings. The token represents a share in the vehicle that owns the building.
Our platform was established with the goal of creating a global real estate community, democratizing access to real estate property by reducing the high entry barrier, transforming real estate into a liquid asset, presenting a well-balanced real estate portfolio with no fixed lock-up period, allowing rent payments according to ownership, separating the property from usage, and ultimately achieving housing as a service.
Anyone can invest with BlocHome, profile verification is necessary before any investment can be made through our platform. You can start investing once the profile has been created and verified.
1. As BlocHome, we want to guarantee full transparency about the building and the entire construction process
2. The core founders have a combined real estate development experience of over 50 years.
The "Key Information Document" can be found on the BlocHome Dashboard, where investors can access a case study and an estimate regarding the service.
To create your account, go to the "get started" tab in the top right of the website and fill in the required information to proceed.
When you click on "log in", select "forgot password" and follow the instructions by entering the E-mail address that was used to create your account. A password reset email will be sent to you in a few minutes. Make sure to check your junk mail or spam folder in case you don't receive it.
The minimum investment amount for this round will be 1000€. Once you invested the minimal amount you may invest any amount at any given moment.
Investing can start as soon as your profile verification is complete. The KYC process typically takes up to 10 minutes, but internal verification may require up to a maximum of 48 hours (approximately 2 working days).
Only bank transfer is accepted for payments; your bank identification will be necessary.
We exclusively transact in Euro currency.
There are 2 ways your BlocHome investment will increase and both are happening at the same time: 1. You get revenue from the cash flow (rent) the property is generating, which is being paid directly to your account.
Once the building is completed in 2023, our team will install tenants so that you will start getting revenue from rents in proportion to your investment. We will also complete a valuation of the property every 6 months, so you know how much your asset is worth if you decide to sell it. (Please note that the first dividends will not be distributed to the community in the next months since we need to cover a bank loan for Clapton. Nevertheless, we are working on covering the debts as soon as possible so ultimately, we can start distributing dividends next year).
During our launch phase, we have set the target to reach 4m€ in funding from investors like you through the purchase of shares. Until this target has been reached, you will be protected by a suspensive clause whereby you will be refunded your entire invested amount if the target hasn't been reached by a set date. Once the target is reached, you - and all other BlocHomers - will become legal owners of our real estate portfolio. For details, do not hesitate to contact us directly.
The value is €1.06 per token.
You will be allocated purchased tokens only after being KYC approved and once your payment has been received.
It is possible to monitor your account balance and transaction history directly within your BlocHome account by logging in, or by clicking on the following link: https://www.investor.blochome.com.
The dividends will be distributed automatically to your account, based on the contractual agreements with the tenants.
The fees are specified in the investment information sheet. Transaction fees are at 1.4% and yearly management fees will not exceed 1.5%. Because of 100% digital processes, BlocHome Team estimates that it will be able to reduce the global fees over time.
If the subscription amount is not reached during the subscription phase, we guarantee the investors will get 100% of their money back (only bank fees may be deducted).
Yes. We will provide a bulletin board where you can sell your shares in peer to peer way (direct sales to purchasers).
The Clapton residence is currently open, 6 out of 8 tenants have moved in, although there are still some final touches and improvements scheduled to be completed by September.
No. The CLAPTON residence is our pilot project, and if you buy today, this is what you will own. However, as we will add more properties to our portfolio, you will own a part of the entire portfolio. This diversification decreases the risks associated with investing into a single property.
There will be a waiting list for tenants. Within this list, we will prioritize BlocHome community members.
No. As an investor, you will become an owner of the property portfolio, which means that you will EARN rent paid by the building's residents. If you live in the property you investment earnings are deductible from your rent.
Every fee is included in the investment information sheet. The fees will be deducted from the rent so there will be no extra charges for you.
Yes, your voice matters. As a shareholder, You CAN participate in shareholder meetings and contribute in decisions. ( f. ex. acquisition and sale of properties will be decided by an acquisition committee with shareholders participation)
The building is fully insured. During construction it is covered by a "Garantie Tout Risque Chantier", After completion with a "Garantie décennale" covering Construction problems for up to 10 years. You do not have to pay in case of property damage. The building will also have a Building insurance and a RC insurance.