A Crowdfunding Campaign for Proaco’s Opera Park was Launched on SimplEstate

Crowdfunding is a business model that was created in the United States in 2014, but ended up being replicated around the world and becoming a success in many countries. It is a collaborative mechanism for financing projects, developed on the basis of new technologies.

Seeking to democratize access to real estate investments -something inaccessible for many since it requires disbursements starting at $80,000- SimplEstate was born almost a year and a half ago as a 7-person startup, which today is a company with 60 collaborators.

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SimplEstate is the only platform of this kind in Argentina

SimplEstate is the only 100% national real estate investment company in Argentina in which everyone can participate, and it is the startup and current leader in real estate crowdfunding in the country. It is a platform where different types of projects are presented, with a ticket starting from $10,000, where each person can invest through the platform and obtain a return through any project and product they choose.

The platform seeks to ensure the investment of people with their own funds, destined to developer projects, and guaranteeing trust, security and transparency. Investors can make all their operations 100% online, always having the possibility of receiving expert advice from investment advisors who accompany the interested parties throughout the process, customizing the investments to the needs of each client.

Until a few months ago, the company created by Gonzalo Abalsamo and Joaquín Sepulveda was only based in Buenos Aires and offered investments through crowdfunding in projects located there, but after an investigation in the most important places of the country, they saw in Córdoba the great penetration in everything related to the technological and investment world, so they decided three months ago to set up their own team in the city and launch this place.

This landing in Córdoba led them to recently make an alliance with Grupo Proaco, but they are also developing a second alliance with another important developer. “We had a very good reception within the market of developers in Córdoba to do things with this model”, says Gonzalo Abalsamo.

With the alliance with Proaco, SimplEstate seeks to offer another option for investment, especially for clients from this market, who have already invested around US$ 400,000 in other projects on the platform. The tool has already incorporated into its business model the Opera Park Torre 1 project, in which it is possible to invest from US$ 1,000 ($94,000), with an estimated term of 20 to 22 months, and with a projected profitability of 12% to 15%.

SimplEstate currently has 10 active projects on its platform in which it is possible to invest, but has another 7 to add, which are awaiting greater demand.

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(Featured image by Fernando Tavora via Unsplash)

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