What are non fungible tokens in real estate?

They are digital tokens on a blockchain that represent rights linked to property, often through an SPV. Unlike simple collectibles, they can include income terms, voting, or redemption rules. Always read the legal documents to confirm what you own, how payouts work, and who enforces your rights.

How is fractional ownership different from buying a REIT?

Fractional ownership via tokens targets a specific asset or SPV, with direct cash flow terms and deal-level risks. A REIT is a diversified company that owns many properties and trades like a stock. Tokens may offer granular exposure and on-chain settlement, but they can have lower liquidity and higher due diligence needs.

Can German investors participate and pay in euros?

Usually yes, if the platform supports EUR rails and local KYC. Check onboarding, wallet whitelisting, and payment options before funding. Confirm how conversions work if payouts occur in crypto. Make sure you receive German-language risk disclosures and contact details for support and complaints handling.

How are taxes handled for tokenized real estate in Germany?

Tax treatment depends on the legal form and payout type. Income may be taxable as capital income, and gains can be subject to tax if you sell at a profit. Keep detailed records in EUR at transaction time. Consult a licensed tax advisor to align reporting with your specific situation.

Global Market Insights

February 16: Real-World Asset NFTs Rise as Mey Real’s SPV Sale Sells Out

ByHuzaifa Zahoor February 16, 2026February 16, 2026

Non fungible tokens tied to property are back in focus after Mey Real’s SPV-backed mint sold out. The 1,400-unit strategic round filled, and half the public allocation was claimed within hours. For German investors, this signals rising interest in tokenized real estate with income rights and legal wrappers. We break down what sold, why demand is building, and what to watch next on liquidity, yield access, and regulation in the EU and Germany. Here is a clear, practical guide for the week ahead.