Turkish actual property agency Antalya Properties introduced that its clients can now pay for properties listed on its platform with Bitcoin (BTC).
In accordance with a June 15 announcement, Antalya Properties claims to have recorded the highest-valued actual property sale ever made whereas utilizing Bitcoin as a fee in Turkey.
Per the corporate, the coronavirus pandemic compelled the actual property trade to innovate. Extra exactly, Antalya Properties reacted by providing digital house excursions and including assist for Bitcoin on its web site. The agency’s chairman Bayram Tekce defined:
“Within the sale of a villa in Antalya, we recorded visuals of the home with a drone and did a web-based viewing tour with the shopper. Then, we introduced the client and the vendor collectively on a web-based assembly and finalized the negotiations. Antalya Properties brokered the funds with Bitcoin. This sale, price [$1.25 million], was the very best valued property sale ever made by Bitcoin in Turkey.”
Antalya Properties’ web site incorporates a devoted “Pay with Bitcoin” part, which notes that the corporate additionally facilitates funds with XRP, Bitcoin Money (BCH), Litecoin (LTC), Bitcoin Gold (BTG), Tether (USDT), Stellar (XLM) and Ether (ETH).
Cryptocurrency use in the actual property market
The charges imposed on large transactions by conventional monetary providers make such funds a superb use case for cryptocurrencies. As an example, actual property investor Ben Shoaul bought a rental in Manhattan’s Higher East Facet for $15.3 million, but in Bitcoin.
In October 2019, a 150-year-old English church was additionally offered for sale for $1.5 million worth of Bitcoin.
