You can buy condos with DOGE in Portugal as crypto real estate listings soar
You can now use Dogecoin to buy luxury apartments in Portugal, with a penthouse currently on sale for around 5 million DOGE, worth roughly $2.2 million. Dogecoin has often been seen as a joke coin, or an asset for TikTok speculators to gamble on, but now you can buy entire luxury apartments in Lisbon, Portugal with the currency. #fntx #btc #doge #cardano #ada #dogecoin #355outubro #portugal #lisboa #portugalrealestate pic.twitter.com/uiPuTnOA55— FNTX Suisse (@FNTX_Suisse) May 11, 2021 Zug-based crypto payments and OTC liquidity provider FNTX Capital Suisse has partnered with....
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Bitcoin and the crypto economy have been making their way into the world of real estate these days. A recently published report shows that Realtor.com data indicates that people selling property for crypto assets have risen a great deal. Statistics show that there are 14.3 crypto accepting listings per 100,000 homes in the company database. Real Estate Listings Are Seeing More Bitcoin Acceptance for Homes and Properties According to a report from Yahoo Money, the housing market and bitcoin are starting to “collide.” The report talks with real estate agent Whitney Pannell who....
An apartment in Portugal has changed hands, with the buyer paying directly in cryptocurrency in a reported first for the country. The home was purchased for 3 bitcoins without conversion to euros, under a new regulation permitting real estate deals with digital currencies. Buyer Pays With Bitcoin for Apartment in Braga, Portugal A three-room (two-bedroom) apartment in the Portuguese city of Braga has been bought with cryptocurrency without any conversion to fiat money. Local media reports have described the deal as a first in the history of the country’s real estate market. The new....
Several properties built by Quantum. Image source: quantumproperties.ca. A Canadian real estate development firm has announced that from today on, they'll be accepting deposits for their properties for sale. Quantum Properties, based in Abbotsford, Canada, is the first large property developer to make such a move. "We've decided as of today that we'll take deposits using bitcoin," said the company's CEO, Diane Delves in an interview with Business in Vancouver. "I've been looking at bitcoin for quite a while. I like to try to keep up with current trends," she stated. "Why not get in on it?"....
Elon Musk strikes again! Via Yahoo! Money we receive the story of Kyle Seyboth, a Rhode Island realtor. He accepted 160,000 DOGE, “worth about $50,000 (or around $0.31 per digital coin) at the time” for a plot of land. While the people involved in the Real Estate deal sorted out the contracts, DOGE went to […]
On October 20, the day bitcoin smashed a new all-time price high, the real estate platform Pacaso announced it will be accepting cryptocurrencies via Bitpay. The CEO of the real estate firm that helps people buy and co-own a second home, Austin Allison, says the firm has seen increased crypto adoption “across the real estate industry.” Real Estate Platform Pacaso Now Supports Crypto Payments The firm Pacaso is a real estate platform co-founded by Spencer Rascoff and Austin Allison. Rascoff is well known for co-founding Zillow Group and co-founding Hotwire.com as well. In....