✔️ Information reviewed and updated in April 2024 by Pedro Martínez González

In this section we will tell you if we consider that the company SIMPLESTATE is a safe company or an untrustworthy company. Read our full analysis to find out everything!

We analyze the website, observe every detail and examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation...

Below we will show you essential information about SIMPLESTATE and we will tell you why we came to such a conclusion:

Basic Information

🌐 Websitesimplestate.com.ar
🏠 Company*SIMPLESTATE TRUST (30-71661771-4)
RegulatoryDoes not need regulation
📧 EmailDoes not have
📈 LeadingOwn platform
📌 DirectionArgentina
🕑 Website ageWebsite registered on: June 6, 2019
Company typeDirect purchase of real estate

Company: ⚠️ SIMPLESTATE is property of SIMPLESTATE TRUST (30-71661771-4),

Location: SIMPLESTATE mention being located in Argentina, a location totally NOT RECOMMENDED. If you decide to trust a company based here you have to know that your money does not have any type of protection, it is very risky, please think twice before trusting this company.

We can already tell you that we are concerned about several characteristics of this company.

What is SIMPLESTATE?

After having carried out an analysis of the company's website, we can say that SIMPLESTATE is a direct real estate purchasing company.

Account types

The company does not provide information about having different types of accounts.

Information on the web

simplestate website

Here we show you a screenshot of the SIMPLESTATE website, which is simplestate.com.ar. The capture was made in DECEMBER 2023.

Contact: phone numbers and email

This company does not provide any contact details; No email or phone number. What does this mean? That a company does not provide contact information is a very bad sign. Imagine that you have a problem or complaint and you have no way to contact them. It sounds really bad, doesn't it?

* SIMPLESTATE regulation

We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:

Due to the characteristics of the trust and considering that negotiable securities are not offered, it does not need regulation.

🚫 Final evaluation of SIMPLESTATE 🚫

As you can see, we have carried out a detailed and complete analysis of the most important characteristics of SIMPLESTATE and we have reached the following conclusions about this company:

Location: They mention being located in a VERY UNSAFE location

Regulatory: They do not need regulation due to the characteristics of their trust

The omission of any means of contact with the company raises concerns about accessibility in urgent situations or for inquiries. This lack can generate distrust and a feeling of helplessness among clients if they need immediate assistance.

SIMPLESTATE, focused on the direct purchase of real estate, mentions its location in an area considered unsafe, which may raise doubts about the security of the transactions and the viability of its operations.

SIMPLESTATE's justification for not requiring regulation due to its operation through trusts and non-offering of tradable securities raises questions about the protection and security it offers to its clients, since regulation not only protects investors, but also establishes ethical and operational standards.

🚨🚨 Conclusion: for the reasons mentioned our conclusion is that it is a very unserious and very unsafe company. Please think carefully if you want to send money to a company with these characteristics. 🚨🚨

SIMPLESTATE video

Updates

SIMPLESTATE news:

Date Update – news
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User Reviews

[democracy id = ”7796 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with SIMPLESTATE.

At the end of the review you will find customer comments.


How to Claim Money Scammed by SIMPLESTATE

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report SIMPLESTATE

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

Are there (recommended) alternatives to SIMPLESTATE?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

How can I report SIMPLESTATE?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is SIMPLESTATE reliable?

No. SIMPLESTATE is not trustworthy, it is a very unsafe company: its location is unsafe. Your website is new, which means it has little experience and this is unreliable. BE VERY CAREFUL WITH THIS TYPE OF COMPANIES.

How to recover money from SIMPLESTATE?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

8 comments on «Simplestate: OPINION AND COMMENTS – IS IT A SCAM?»

  1. NEEDLE Reply

    Thank you very much for the analysis and for helping me make an informed decision about the company, I am still wondering what to do. But if I decide I'll comment here again. Thank you.

    • Recommended-brokers.com Reply

      Hello IGNA, thank you for your comment. We wish you the best of luck!

      Greetings.

  2. Marcos d. Reply

    Thanks for the comments, I'm thinking about whether to go in with simplestate, so I'm reading them carefully and reading the review. Thank you very much again.

    regards

    • Recommended-brokers.com Reply

      Hello Marcos, a pleasure to help you, we are here for whatever you need.

      Greetings.

  3. Carlos Reply

    I have 2 investments in simplestate, both of which have ended the contract. The first paid a small portion of interest and has been in stanby for 8 months waiting to be sold. The second is with early withdrawal which I opted for. It has been 80 days and I cannot recover my capital. nor my interests sounds like a scam or ponzi scheme, what do you think?

    • Recommended-brokers.com Reply

      Hello Carlos, if they insist, don't be in a hurry. Can you please send us more information about your situation? You have left us really worried with your message.

  4. Dylan Reply

    So far I don't see anything wrong with this company, does anyone have more info? Thank you

    • Recommended-brokers.com Reply

      Hi Dylan, thanks for commenting on Simplestate, any information is very helpful to our users.

      If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.

      Greetings.

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