Frequently asked questions

Everything you need to
know about Real.

Common questions from investors, asset owners and partners. If you cannot find your answer, get in touch.

About Real

What is Real?+

Real makes it possible to invest in and tokenize real assets like real estate, agriculture and franchises, combining legal structure, blockchain technology and a simple experience for investors and companies.

Who is Real for?+

For three different profiles: individuals who want to invest in real assets from accessible amounts; companies that want to tokenize an asset and access new capital sources; and institutions looking for access to curated opportunities in productive assets.

What is a real-world asset?+

A real asset is a tangible asset or economic flow that exists in the physical or productive world: a property, a harvest, an operating franchise, agricultural infrastructure, export contracts, commercial premises. Unlike purely speculative tokens, real assets generate verifiable economic flows: rents, interest, sales, exports.

What does tokenizing an asset mean?+

To tokenize means creating a digital, verifiable on-chain representation of the economic, participatory or contractual rights tied to the asset. The token works as a digital record of your legal position. It does not replace the contract; it complements it with traceability and operational efficiency.

Tokens and your investment

What does the token represent?+

The token represents the economic, participatory or contractual rights defined in the legal documentation of each opportunity. It does not represent direct ownership of the physical asset. To know the exact rights tied to a specific token, you should review the documents of the corresponding project before investing.

Am I the direct owner of the property?+

You do not own the physical asset directly. You hold rights in a legal vehicle (an SPV or equivalent) that owns the asset. Those rights are defined in the project's legal documents and may include rental income, interest, capital gains or voting rights, depending on the project.

How do I earn money?+

Returns may come from rental income, interest on structured debt, operating cash flows from franchises or agriculture, capital gains on real estate, or a combination of these. The exact source depends on each project and is described in its documentation.

Are returns guaranteed?+

No. Returns shown are estimates based on the operator's assumptions. Actual results may be higher, lower or zero. Every investment involves risk, including the possibility of losing your invested capital.

What are the risks?+

The main risks are market risk (the asset may lose value), operational risk (the operator may not deliver as planned), liquidity risk (buyers may not be available when you want to sell), regulatory risk, technology risk and the risk of total loss. See Security and Legal for details.

Can I sell my stake?+

When applicable. Some projects will have exit windows (for example, every 6 months) or controlled secondary liquidity mechanisms. The real ability to sell depends on whether buyers are available, on the applicable regulation and the specific terms of the asset. Liquidity is not guaranteed.

What happens if there are no buyers when I want to sell?+

It is possible you will have to wait until the project exits (the date when the asset is sold, refinanced or liquidated). That's why we recommend investing only capital you are willing to keep invested for the project's term, and to diversify across multiple opportunities.

Costs and fees

How much does Real charge?+

Real charges fees when transactions or distributions take place. The main fees are 0.5% on conversions into or out of fiat currency, a 0.5–1% spread on secondary-market trades and an annual administration fee of 1–2%, collected from distributions. There is no fee simply for holding your portfolio.

What do you charge companies that tokenize assets?+

For businesses: a 1–3% origination fee on the amount raised, covering due diligence, SPV legal structuring and initial marketing; an annual administration fee of 1–2%; and a 15–20% performance fee on gains at exit. With no gains, there is no performance fee. See the fees section on Tokenize for details.

Are there hidden costs or monthly minimums?+

No. No hidden listing fee, or maintenance costs while fundraising is ongoing, or monthly minimums for holders. Fees are charged only when an operation occurs: conversion, secondary trade, distribution or exit. If your token doesn't move, you don't pay.

What is the fee for a P2P transfer between users?+

A fixed fee of approximately US$ 0.50 per operation when a holder transfers their token directly to another user without going through the secondary orderbook.

Does Real earn fees if I lose money?+

The performance fee (15–20% at exit) is charged only on gains. If the project generates no gains, Real earns no performance fee. Origination, administration and conversion fees apply regardless of the investment outcome, as they do with institutional asset managers.

About blockchain and Solana

Why do you use blockchain?+

Blockchain makes investor records, return payments, transfers and ownership changes traceable, auditable and efficient. It reduces operating costs, removes unnecessary intermediaries and enables real-time reporting. It does not eliminate the investment risks of the underlying asset.

Why Solana?+

Solana offers fast, low-cost transactions, which help us distribute returns efficiently to many holders. We are starting on Solana with a multi-chain vision: issuing on whichever blockchain best serves the asset and the investor.

What happens if I lose access to my account or wallet?+

Contact Real support as soon as possible. Our wallets are allowlisted, meaning only verified wallets may receive tokens. We have account recovery procedures to help protect your holdings if you lose access to your device or original wallet.

How we operate

How do you select assets?+

Each asset goes through origination, due diligence (legal, financial, technical and market), legal structuring (vehicle, contracts, token rights), disclosure (public documentation for investors) and ongoing administration. We only open to the public what passes all filters.

Which documents can I review before investing?+

Each opportunity has a documents section that includes, where applicable: SPV contract, appraisal, technical due diligence, operator financial statements, off-take contracts, permits, work plan and token terms. We recommend reading everything before investing.

Who administers the assets?+

The operator of the asset (the real-estate developer, agricultural exporter, franchisee, etc.) is the one who operates the asset. Real administers the relationship with investors: registry, communication, return distribution, reports and, eventually, exit windows.

How are returns paid?+

Payments are made to your Real wallet, at the frequency defined for each project (monthly, quarterly, semi-annual, at exit). You can withdraw to Yape, bank transfer, Apple Pay or stablecoins (USDC), depending on the method available in your jurisdiction.

For businesses and asset owners

How can a company tokenize its asset?+

The process starts with a conversation. Contact our team through Tokenize. If the asset fits our investment criteria, we proceed with due diligence, legal structuring, issuance and distribution. The full process takes 6–16 weeks, depending on its complexity.

What types of assets do you accept?+

Real estate (rental properties, developments and commercial premises), agriculture (working capital, infrastructure and contracts), franchises (expansion and revenue sharing) and other productive assets. Private credit, infrastructure, energy, hotels and logistics are planned next. See the Tokenize page for details.

Regulation and taxes

Is Real regulated?+

Real Capital S.A.C. is a company operating in line with the applicable regulatory framework (including the FPF regime under SMV). We are actively working with legal and regulatory advisors to expand products and jurisdictions in a compliant manner.

Does Real operate outside Peru?+

We are starting in Peru. The vision is to expand to Colombia, Mexico and Chile in the next 12-24 months, and later to other Latin American markets. The offering of each token may be restricted depending on the investor's country of residence.

Can I invest from another country?+

It depends on the opportunity and the regulations in your jurisdiction. Some tokens are available only to local residents; others may be offered in more countries. During KYC, the app tells you whether an opportunity is available in your jurisdiction.

What taxes apply?+

Returns from tokenized assets may be taxable in your country of residence. Real provides annual reports with useful tax information. Consult a tax advisor about your specific situation.

Have another question?

Write to us. We reply within 48 business hours.