Meet Johan, a pensionist moving to Cyprus with his wife and comes along the ELES platform when searching for a new home.
Johan has lived and worked all of his life in Germany. Now that he is retired and his children are grown up with families of their own, he and his wife are considering to move to country with warmer climate, where they would feel safe and welcomed. So they decide to first rent an apartment on Cyprus for one month to get to know the country better and then decide about possibility of moving there permanently.
While there, they find the climate very suitable, and the fact that there are good medical services contributes to the decision of buying an apartment with rooms for visitors there and enjoy the peaceful years ahead. But when searching for information on what documents and procedures are needed to eventually become an owner of an apartment, they are starting to doubt a moving decision. Until Johan’s wife encounters ELES platform, offering a nice apartment in desirable location right near where they have already seen some properties.
His wife is not thrilled only over the apartment itself but also over the price of it. She wants to react fast and is reading more about the ELES platform. Soon they both decide this is something to really consider as it would save them time with bureaucracy and they could become proud apartment owners very soon.
After they register on ELES platform and send just enough euros to purchase this apartment, the exchange system of the platform helps them to purchase the ELES tokens in required amount. They then simply choose the apartment for purchase they desire and finish the purchase process. On the other side Elements Estates team arranges everything and steps in communication with the couple. As in Cyprus (as in any other country) land registries are still not 100% digitalized and put on blockchain, the last step needs to be done in paper work, checked by lawyers, and signed by notary. But also this is with the help of Elements Estates team soon finished, and they become proud owners of the new seaside apartment and already sending out invitations to their family members for a visit.