> For the complete documentation index, see [llms.txt](https://doc-hub.xcavate.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://doc-hub.xcavate.io/applications/xcavate-dapp/xcavate-dapp-user-journey/investor/property-share-reservation.md).

# Property share reservation

**Property selection**

Click on marketplace and browse listings by scrolling or by using the search / filter options

<img src="https://doc-hub.xcavate.io/~gitbook/image?url=https%3A%2F%2F4072963454-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252FnAooovR9rtkaMK1ip4NT%252Fuploads%252FQT7SXvKftEhjUmtrGG7r%252F2.1.0%2520Marketplace.jpg%3Falt%3Dmedia%26token%3D7a563841-89ba-4b3c-808d-520e4f988a88&#x26;width=768&#x26;dpr=3&#x26;quality=100&#x26;sign=d8e80da2&#x26;sv=2" alt="" width="375">

**Review property information**

It is important to review all the information on a specific property listing to ensure the investment is right for you before you make any purchase.

Each property listing page contains:

Primary Image: Photo of the building or plot.

Supporting Images: Photos of the internal features of the property.

Location: Where the property is situated (e.g. The Avenue, London).

Property Name: Title of the plot, like Plot 40 – Lime House or Plot 34 – High Rise.

Type: House, Apartment etc...

**Property Details Page**

Whenever you click on any of the listed property, you will be able to see the detail of the property:

**Basic Info**

* You’ll see the plot name and location at the top.
* Below that:
  * **Price per share** in GBP and USDT (e.g. £1025 / 1250 USD)
  * **Listing Price** (e.g. £205,000)
  * **Rental Yield** (e.g. 5.76%)
  * **Shares Available** (e.g. 1 / 200)
  * **Property Type** (e.g. Flat)
* **Area Prices & Income**
  * A visual bar shows the local comparable property price range.
  * Below that, you’ll see estimated **rental income** (e.g., £984).
* **Rental Demand**
  * A demand meter shows how in-demand property rentals are in that specific area.
* **Description & Specs**
  * See the property description (e.g., "1 bed apartment overlooking the river").
  * Key specs:
    * 📐 Size: 100sqm
    * 🛏 Bedrooms: 1
    * 🛁 Bathrooms: 1
    * 🏷 Type: Flat
    * 📍 Location: The Avenue, Hertford
* **Taking Action**
  * Ready to invest?
    * Tap **Buy** at the bottom of the screen.
    * Follow the on-screen instructions to complete your share purchase.

<img src="https://doc-hub.xcavate.io/~gitbook/image?url=https%3A%2F%2F4072963454-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252FnAooovR9rtkaMK1ip4NT%252Fuploads%252FsrA7UqGfKRyd3TCiPVkR%252F3.3.2%2520Purchase%2520notification.jpg%3Falt%3Dmedia%26token%3D57d887da-4de9-4ec1-ad95-208d77eef94a&#x26;width=768&#x26;dpr=3&#x26;quality=100&#x26;sign=cdb07d48&#x26;sv=2" alt="" width="375">

#### Property share reservation

When the last property share in a particular property has been reserved this initiates the creation of the property SPV (SPV stands for 'Special Purpose Vehicle' which is in fact a LLP, which stands for 'Limited Liability Partnership') and the minting of the SPV property shares. This completes the contract to start the property share claim process to send share funds to the newly created SPV account and the property share(s) purchased to the investors own self hosted wallet address.

<figure><img src="/files/ShoJ7GNAlsXEJMkZHPuT" alt="" width="375"><figcaption></figcaption></figure>

The legal process starts and if the sale is successful, then the SPV and its property shareholders will own the particular property asset, which will be registered with land registry after the sale has completed.

If the sale is unsuccessful, then the property share purchase funds can be reclaimed by the SPV shareholders and the SPV is wound up.

**Cancelling a reserved property share**

You can cancel your reserved property share by clicking the "Cancel reserve" button at anytime until the last property share has been reserved in that particular property.

<img src="https://doc-hub.xcavate.io/~gitbook/image?url=https%3A%2F%2F4072963454-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252FnAooovR9rtkaMK1ip4NT%252Fuploads%252FvpqV06mJke0WRVmjyNUA%252FReserve%2520notification.jpg%3Falt%3Dmedia%26token%3D6b4b6a77-4a43-4cb8-9a4c-e58f5d083bf9&#x26;width=768&#x26;dpr=3&#x26;quality=100&#x26;sign=9928a83b&#x26;sv=2" alt="" width="375">
