Is Obelisk regulated for overseas property investment?
European real estate does not have a standard ‘regulatory body’ at this stage (although numerous organisations are preparing the groundwork for such a structure for overseas property investment) and consequently, no such regulation exists. However, at no stage do property investor clients of Obelisk transact with the company. Obelisk is a market advisor providing a portal of pertinent market information alongside access to relevant overseas property investment projects. For all investment projects, clients enter into agreements directly with the developers of overseas property investments and all monies are initially held by independent lawyers in escrow, therefore providing the clients with maximum protection and security for their investment. Additionally, Obelisk is committed to its own independent regulation via compulsory due diligence on every project, in-house research, and forging partnerships with companies that are reputable and accountable, many of which have been awarded fo