// Investor dashboard
Welcome back, Antti.
Your tokenized real estate portfolio across two active projects. KYC approved, source of funds verified, transfer eligible.
Portfolio value
€1,245,000
▲ 4.4% vs last quarter
Total invested
€1,193,000
Across 8 SPV positions
Available cash
€52,000
EUR wallet, ready to deploy
Projected annual income
€156,400
Weighted yield 13.1%
Paid income to date
€38,250
+ €7,420 accrued
Next payout
€4,210
KUUL Villas · in 18 days
Portfolio allocation
Two active projects · diversified across apartment SPVs and project SPV
Element Residence Bali
€880,000 · 70.7%
KUUL Villas by Viirelaid
€365,000 · 29.3%
Income forecast · next 12 months
Rental pool + fixed interest + dividends
Expected annual
€156,400
Confirmed payout
Projected
Recent activity
View all →
✓
KYC re-verification approved
+
Element EL-S-0401 tokens issued
€
KUUL Q1 distribution received
↻
Transfer request submitted
📄
Element construction update Q1 2026
✓
KUUL February occupancy 92%
// Active projects
All projects →
Your real estate positions
Each apartment is a standalone SPV. 1 token = 1 sqm of economic rights. Serviced apartment rental pool.
Portfolio value
€880,000
Tokens held
251 sqm
Expected yield
12-14%
Status
Construction 64%
Next update · 12d
Open project →
Project-level SPV. Hybrid investment: shareholder loan + dividend participation + capital growth on exit.
Portfolio value
€365,000
Units held
365 KUUL
Expected yield
18-20%
Status
Phase I operating
Next payout · 18d
Open project →
// Project marketplace
All projects
Vetted real estate SPV offerings. Every project carries a defined legal structure, sponsor, and reporting cadence.
All
Active allocation
Operating
Upcoming
My positions
5 projects · 2 active · 3 upcoming
Serviced apartments · 107 units · 40-163 sqm · 50-year leasehold. Apartment-level SPVs with sqm tokens.
Project size
€12,000,000
Min. ticket
1 sqm token
Token price
€3,500-8,900 / sqm
Expected yield
12-14%
SPV model active
Luxury villa resort · 18 villas · Project-level SPV with shareholder loan, dividend, and capital growth participation.
Total raise
€5,868,985
Min. ticket
€10,000
Capital raised
83%
Expected yield
18-20%
Hybrid SPV
High-yield residential income SPV. Ticket structuring under finalisation. Eligibility check opens Q3.
Indicative size
€18-24M
Min. ticket
€25,000
Income type
Rental + capital
Target yield
10-12%
Notify me
Mediterranean rental villa portfolio. Sponsor onboarding in progress. Indicative allocation opens next month.
Indicative size
€8-12M
Min. ticket
€15,000
Income type
Rental pool
Target yield
9-11%
Notify me
Second-stage villa rental pool with sponsor Avalon. Earlier-tier investors get priority allocation window.
Indicative size
€6,500,000
Min. ticket
€10,000
Income type
Rental + dividend
Target yield
14-16%
Priority access
Render · final design
42 photos
📍 Nelayan Street, Canggu · Bali, Indonesia
Active allocation
Construction 64%
PBG approved
Element Residence Bali
107 fully furnished serviced apartments on Nelayan Street, 500m from Batu Bolong Beach. Inspired by the four Balinese elements: Fire, Earth, Water, Air. Each apartment is a standalone Estonian SPV. One token equals one square metre of economic rights.
Canggu, Bali
500m to Batu Bolong Beach
30+
// Completed projects
10+ yrs
// Sponsor experience
100+
// Villas in portfolio
Project size
€12,000,000
Apartments
107
40-163 sqm
Tokenized sqm
4,820
Available · sqm tokens
Investor positions
312
Expected yield
12-14%
Annual target
Construction
64%
PBG approved
My positions
Apartment SPVs
Interior styles
Location
Income
Construction
Documents
Updates
My apartment positions
4 SPVs · €523,950 invested · €65,370 expected annual income
| Apartment | Type / Size | SPV | Ownership | Tokens | Value | Annual income | Status | |
|---|---|---|---|---|---|---|---|---|
EL-S-0401 Floor 4 · Earth style |
Studio S · 40 sqm | ELEMENT-S0401 OÜ | 100% | 40 / 40 sqm | €140,000 | €17,500 | Fully owned | View → |
EL-L-0503 Floor 5 · Water style |
Studio L · 50 sqm | ELEMENT-L0503 OÜ | 50% | 25 / 50 sqm | €95,000 | €11,800 | Co-owned | View → |
EL-1BR-0802 Floor 8 · Air style |
1 Bedroom · 81 sqm | ELEMENT-1BR0802 OÜ | 2.5% | 2 / 81 sqm | €8,200 | €1,030 | Fractional | View → |
EL-LD-1102 Loft duplex · Fire style |
Loft Duplex · 88 sqm | ELEMENT-LD1102 OÜ | 40% | 35.2 / 88 sqm | €175,000 | €21,840 | Co-owned | View → |
Position concentration
EL-LD-1102 Loft Duplex
41.4%
EL-S-0401 Studio S
33.1%
EL-L-0503 Studio L
22.5%
EL-1BR-0802 1BR
2.0%
Quick facts
Average price per sqm€3,938
Weighted yield12.5%
Lockup remaining5.5 months
Income modelRental pool
Distribution frequencyMonthly
First payout expectedQ4 2026
Aerial · Phase I site
68 photos
📍 Koh Phangan · Thailand
Phase I operating · 80% booked
Phase II · 85% complete
€5.2M of €6.8M raised
KUUL Villas by Viirelaid
A six-phase luxury villa project on Koh Phangan, structured as an Estonian SPV with a 30-year Thai land lease. Hybrid investor return: 12% fixed shareholder loan interest + dividend on rental profits + capital appreciation on exit. KPMG audited, Estonian-counsel structured. €17,000 minimum ticket for international investors, €10,000 for Estonians.
Koh Phangan
Center of island · 300m to beach
100+
// Active investors
€5.2M
// Capital raised
92%
// Feb 2026 occupancy
Project size
€6.8M
€5.2M raised · €1.6M open
Villas
18
9 operating · 9 in build
Investors
100+
All Estonian SPV holders
Min. ticket
€17k
€10k for Estonians
Fixed interest
12%
+ dividend + cap growth
Target ROI
17.5-20%
Annual · projected
My position
Returns & structure
Phases (1-6)
Villas
Income
Koh Phangan
Team & legal
Documents
Updates & FAQ
My KUUL position
Single SPV · KUUL-SPV unit holder · 25 units
Position size25 units
Capital invested€25,000
Position value€26,400 +5.6%
Share of total raise0.48%
Annual income (est.)€4,500
Effective yield18.0%
5-year value (proj.)€52,000
First payout1 Apr 2026 · received
Next payout1 Jul 2026 · €1,125
Return components
12% fixed loan interest
€3,000 / yr
Rental dividend (var.)
€1,500 / yr
Investor benefits used YTD
10% off villa bookingUsed 2x
VIP transfer + champagneAvailable
Investor club accessActive
// Marketplace
Allocations & secondary listings
Primary offerings open to qualified investors. Secondary listings clear under sponsor approval. Not an open exchange.
Primary offerings
Secondary listings
My watchlist
5 active offerings · KYC eligible · sponsor onboarded
All
Element
KUUL
Studios
1 BR
Loft
S-0602
Element EL-S-0602 · Studio S Fire SPV
€3,650 per sqm token
42% sold
13.1% expected yield
Min: 1 sqm token
Open
1BR-1401
Element EL-1BR-1401 · 1 Bedroom Water SPV
€4,650 per sqm token
55% sold
12.0% expected yield
Min: 1 sqm token
Open
KUUL
KUUL Villas by Viirelaid · SPV Units
€1,000 per unit
76% raised (€5.2M)
17.5-20% target ROI
Min: €10k EE / €17k intl
Open
LD-1305
Element EL-LD-1305 · Loft Duplex Water SPV
€5,100 per sqm token
25% sold
12.5% expected yield
Min: 1 sqm token
Open
1BR-1004
Element EL-1BR-1004 · 1 Bedroom Earth SPV
€4,400 per sqm token
31% sold
13.0% expected yield
Min: 1 sqm token
Open
// Transfer center
Controlled secondary liquidity
Miracap does not create open trading. Every transfer is permissioned, reviewed, and linked to the legal ownership record.
Active requests
2
1 sell · 1 buy
Pending volume
€44,500
Median clearing time
7 days
Across last 60d
Approval rate
94%
Sponsor decisions
My active transfer requests
Selling 5 sqm tokens · Element EL-L-0503
TR-0241 · submitted 12 days ago
Sponsor review
Asking price€19,500
Implied price / sqm€3,900
BuyerVerified investor · KYC approved
Sponsor approvalPending
Legal updateNot started
Registry syncPending
Token transferPending
✓
Seller request
✓
Buyer KYC
3
Sponsor approval
4
Legal update
5
Registry sync
6
Token transfer
7
Settlement
Buying €25,000 KUUL-SPV units
TR-0247 · submitted 4 days ago
In review
Investment amount€25,000
Asking price€25,750
Seller matchedYes · verified
Your KYCApproved
Sponsor approvalIn review
Transfer window opensIn 12 days
✓
Buy interest
✓
KYC check
✓
Seller match
4
Sponsor approval
5
Legal update
6
Funding
7
Settlement
i
How Miracap transfers work
Permissioned by design. Every secondary transfer touches the legal ownership record, the SPV cap table, the digital ownership unit registry, and the sponsor's approval. The buyer must be KYC approved. The seller must be in good standing. The price clears under sponsor governance, not on a public order book. This is what makes the rights real.
// Distributions
Income across all SPV positions
Rental income, fixed interest, dividends, and capital returns. Cleanly broken down by project and by token position.
Monthly projected
€12,850
▲ stable
Paid this year
€38,250
YTD · 4 months
Accrued unpaid
€7,420
Next payout
€2,840
May · Element rental
Element Residence · rental income
Construction phaseProjected monthly€8,600
Paid to date€16,350
Accrued unpaid€3,820
Income typeServiced apartment rental pool
First full payoutQ4 2026
KUUL Villas · 12% interest + dividends
Active payoutQuarterly fixed interest€10,950
Q1 2026 dividend€5,475
Paid to date€16,425
Income type12% loan interest + dividend + cap growth
Next payout1 Jul 2026 · Q2 distribution
All distributions
All
Element
KUUL
2026
| Date | Project | Income type | Amount | Status | |
|---|---|---|---|---|---|
| 22 Apr 2026 | Element Residence | Rental pool · partial | €2,840 | Paid | Receipt |
| 1 Apr 2026 | KUUL Villas | Q1 fixed interest + dividend | €16,425 | Paid | Receipt |
| 22 Mar 2026 | Element Residence | Rental pool · partial | €2,720 | Paid | Receipt |
| 22 Feb 2026 | Element Residence | Rental pool · partial | €2,510 | Paid | Receipt |
| 22 Jan 2026 | Element Residence | Rental pool · partial | €2,420 | Paid | Receipt |
| 22 Dec 2025 | Element Residence | Rental pool · partial | €2,950 | Paid | Receipt |
| 22 Nov 2025 | Element Residence | Rental pool · partial | €1,910 | Paid | Receipt |
| 1 Jul 2026 | KUUL Villas | Q2 fixed interest + dividend (proj.) | €16,800 | Scheduled | Details |
// Document vault
Legal & reporting layer
Every signed agreement, every project report, every tax document. One source of truth for your real estate SPV positions.
All
Identity & KYC
Element Residence
KUUL Villas
Transfers
Tax & reports
All documents
Sorted · most recent
PDF
Element EL-S-0401 Subscription Agreement
Subscription · token issuance
Element
Signed
2 Apr 2026
Open →
PDF
Element EL-L-0503 Shareholder Agreement
SPV co-ownership · 50% stake
Element
Signed
15 Mar 2026
Open →
PDF
Element Rental Pool Agreement
Serviced apartment management
Element
Signed
2 Apr 2026
Open →
PDF
KUUL Shareholder Loan Agreement
12% senior coupon · 365 units
KUUL
Signed
8 Feb 2026
Open →
PDF
KUUL Dividend Policy
Phase I villas income split
KUUL
Signed
8 Feb 2026
Open →
PDF
Risk Disclosure · Element
Cross-border real estate risks
Element
Signed
2 Apr 2026
Open →
PDF
Risk Disclosure · KUUL
Investor warning · jurisdictional
KUUL
Signed
8 Feb 2026
Open →
PDF
KYC Verification Report
Identity · address · source of funds
Compliance
Signed
25 Jan 2026
Open →
PDF
Source of Funds Statement
Bank declaration · approved €500k
Compliance
Signed
25 Jan 2026
Open →
PDF
Transfer Request EL-L-0503
Sale of 5 sqm tokens · in review
Transfers
Pending
14 Apr 2026
Open →
PDF
Tax Statement 2025
Estonian tax authority format
Tax
Available
31 Mar 2026
Open →
XLS
Annual Position Statement 2025
Holdings · valuation · income
Reports
Available
15 Jan 2026
Open →
// Compliance status
KYC & Compliance
Your verification, eligibility, and legal jurisdiction profile. Reviewed by Miracap and the relevant project sponsors.
Verification status
Approved
Qualified investor · Estonia / EU · last reviewed 2 hours ago
KYC ✓
Source of funds ✓
Transfer eligible ✓
✓
Investor category
Qualified investor
📍
Jurisdiction
Estonia / EU
€
Annual investment limit
€500,000 / yr
🏦
Source of funds
Approved · €500k
🔗
Wallet
Connected · whitelisted
📋
Business Registry sync
Active · live
↻
Transfer eligibility
Approved
📅
Next review
25 Jan 2027
Compliance rules · what you can do
✓
Invest in Estonian SPV offerings. Both Element apartment SPVs and KUUL project SPV are within scope.
✓
Receive real estate SPV tokens. Wallet whitelisted; tokens can be issued and held.
✓
Request sponsor-approved transfers. Both buy-side and sell-side; transfers reviewed before settlement.
✓
Participate in secondary transfer windows. Quarterly for KUUL · continuous for Element under sponsor approval.
!
Source of funds top-up needed above €500k annual. Submit updated declaration to expand the limit.
// WALLET
Your Miracap wallet
EUR cash, stablecoin balance, and the SPV tokens you currently hold. Every token represents a registered legal position in an Estonian SPV.
// EUR BALANCE
€52,000
Ready to invest
// USDC BALANCE
$0.00
Stablecoin · whitelisted wallet
// SPV TOKENS
€1,193,000
Across 5 SPV positions
// PENDING INCOME
€44,500
Distributions next 90 days
Token holdings
Each row is a real legal position. SPV name, share, and units are synced with the Estonian Business Registry.
| SPV / Token | Project | Units | Share | Value | Status |
|---|---|---|---|---|---|
| ELEMENT-S0401 Studio S · Earth · Element Residence |
Element Residence Bali | 40 / 40 sqm | 100% | €140,000 | Active |
| ELEMENT-L0503 Studio L · Water · Element Residence |
Element Residence Bali | 25 / 50 sqm | 50% | €95,000 | Active |
| ELEMENT-1BR0802 1 Bedroom · Air · Element Residence |
Element Residence Bali | 2 / 81 sqm | 2.5% | €8,200 | Active |
| ELEMENT-LD1102 Loft Duplex · Fire · Element Residence |
Element Residence Bali | 35.2 / 88 sqm | 40% | €175,000 | Active |
| KUUL-SPV Project SPV · 18 villas (9 op + 9 build) |
KUUL Villas by Viirelaid | 365 units | 7.0% | €365,000 | Active |
Wallet info
Wallet address0x4f...c8e2
Whitelist statusWhitelisted
KYC linkApproved · Estonia
CustodySelf-custody · permissioned
Recent wallet activity
EUR deposit
via SEPA · 12 Apr
Distribution received
KUUL Q1 · 03 Apr
Token issued
ELEMENT-L0503 · 28 Mar
Distribution received
Element Q1 · 14 Mar
// SPONSOR VIEW
Beta · preview
What sponsors see
A quick look at the operator side of Miracap. Project sponsors run their SPV here: cap table, KYC, transfer queue, distributions, documents. Same backend, different lens.
// CAPITAL COMMITTED
€8.42M
Element Residence Bali
// INVESTORS ONBOARDED
142
Across 14 SPVs
// KYC APPROVED
138
4 in review
// SOURCE OF FUNDS PENDING
3
Awaiting sponsor sign-off
// TRANSFER REQUESTS
2
Open · sponsor review
// DISTRIBUTIONS DUE
€186,400
Q2 · 14 Jul payout
Documents signed
All currentSubscription agreements142 / 142
Shareholder agreements142 / 142
Q1 distribution notices142 / 142
Audited financial statements1 / 1
SPV cap table summary
Synced · Estonian RegistryELEMENT-S04011 holder · 100%
ELEMENT-L05034 holders · 100%
ELEMENT-1BR080212 holders · 100%
ELEMENT-LD11023 holders · 100%
KUUL-SPV100+ holders · 76%
Investor list · Element Residence
142 investors. KYC, jurisdiction, capital, current SPV positions.
| Investor | Jurisdiction | KYC | Capital | SPV positions | Status |
|---|---|---|---|---|---|
| Antti Investor EE-A21034 |
Estonia | Approved | €433,000 | 4 | Active |
| M. Tamm EE-A20991 |
Estonia | Approved | €280,000 | 2 | Active |
| R. Kask EE-A21102 |
Estonia | Approved | €156,000 | 2 | Active |
| L. Sepp EE-A21164 |
Estonia | Approved | €95,000 | 1 | Active |
| J. Mets EE-A21188 |
Estonia | In review | €60,000 | 0 | Pending source of funds |
| P. Saar EE-A21204 |
Estonia | Approved | €44,000 | 1 | Active |
| + 136 investors view full table |
Hidden in preview · sponsors see the full cap table here. | ||||
// SETTINGS
Account settings
Profile, notifications, language, and security. KYC and source of funds live in the Compliance section.
Profile
NameAntti Investor
Emailantti@example.com
CountryEstonia
Investor typeQualified
Member sinceJan 2025
Notifications
New offeringsOn
Distribution paidOn
Transfer statusOn
Project updatesOn
Marketing emailsOff
Language & region
LanguageEnglish
CurrencyEUR (€)
TimezoneEurope / Tallinn
Number format1,234.56
Security
Two-factor authEnabled
Login alertsOn
Active sessions2 devices
PasswordLast changed 23 Feb