Bitcoin (BTC), Bitcoin Real Estate, Cryptocurrencies, Europe, Real estate, Spain, Spain Bitcoin

A Spanish real estate platform has listed its first-ever property for sale for cryptocurrency. The offer is entirely online, and whoever wants to buy the apartment in Barcelona must pay in bitcoin.

Anyone Interested Can Pay 3.5 BTC for the Property

Per an official announcement, Idealista is seeking to sell its first property via BTC in the wake of a “second revolution†seen in the crypto industry.

The apartment is located in the center of Barcelona — close to the Rambla Catalonia — and the interested person should make all the arrangements online, said the Madrid-based company.

Although the first transaction made in bitcoin in Spain on real estate happened in 2018, the firm clarified it was done at that time “the traditional way.â€

In fact, they referred to handling all the processes with papers and diligences offered by a standard real state agency.

Anyone interested in the apartment can pay approximately 3.5 BTC ($181,000 using today’s exchange rate) as of press time.

However, the company pointed out that the payment of taxes, notary, and registration, for the moment, must be made in fiat euros, “since everything slows down when it is the turn of the administrations.â€

Crypto and Its Relationship With the Real Estate Industry

Idealista was acquired by EQT, a global investment group, for $1.6 billion. They’re also planning to arrange partnerships with around 40,000 real estate agents. Moreover, most of their customers come from Southern Europe.

According to the agency, the firms supporting the technology behind this listing are Inviertis and Kasaz.

The relationship between the crypto and real estate industries is nothing new at all globally. In 2019, Turkish real estate agency Antalya Homes sold nine properties using bitcoin core, mostly to foreign buyers. They also accepted bitcoin cash, Ethereum (ETH), stellar (XLM), ripple (XRP), litecoin (LTC), and tether as means of payment.

In the same year, a major Australian real estate group held a luxury home auction that could be paid for with bitcoin and binance coin (BNB). There have been many properties both bought and sold for bitcoin (BTC) throughout a myriad of countries worldwide over the years.

What do you think about this possibility of buying a property with bitcoin nowadays? Let us know in the comments section below.

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

RELATED NEWS

Another South African Company Reveals Plans to List a Crypto ETF on Local Stock Exchange

Fresh reports from South Africa suggest another local company, Sygnia, is set to apply to the Johannesburg Stock Exchange (JSE) to list a new cryptocurrency exchange-traded fund (ETF). This application will be the second time Sygnia has attempted to list the crypto ETF. A similar application in 2017 was rejected by JSE on grounds that […]

Xem chi tiết: Another South African Company Reveals Plans to List a Crypto ETF on Local Stock Exchange

2 Cents per Kilowatt Hour: Bitfarms to Launch a 210 MW Bitcoin Mining Operation in Argentina

The Canadian publicly traded bitcoin mining company Bitfarms has announced a deal that will see the company developing a 210 megawatt (MW) mining farm in Argentina. Bitfarms says that the company was able to secure a low electricity rate at $0.02 per kWh during the contractual period. Argentine-Based Bitcoin Mining Facility Aims to Acquire 210 […]

Xem chi tiết: 2 Cents per Kilowatt Hour: Bitfarms to Launch a 210 MW Bitcoin Mining Operation in Argentina

South African Crypto Platform Revix Raises $4.1 Million

The South African cryptocurrency investment platform, Revix, has reportedly raised about $4.1 million from its latest capital raise round. According to the firm, part of the raised capital will be used “to launch Revix’s mobile application, a variety of Fourth Industrial Revolution (4IR) investment opportunities.†Furthermore, Revix says it also plans to use part of […]

Xem chi tiết: South African Crypto Platform Revix Raises $4.1 Million

Ukrainian Parliament Passes Bill That Criminalizes People Who Don’t Reveal Crypto Holdings

The Ukrainian parliament is enforcing its tough stance against people who don’t disclose their cryptocurrency holdings on the tax fillings. The measure comes in the wake of a recent publication that showed alleged mistakes in declarations from public servants. Offenders Could Spend up to Two Years in Jail According to an official document released by […]

Xem chi tiết: Ukrainian Parliament Passes Bill That Criminalizes People Who Don’t Reveal Crypto Holdings

Morgan Stanley Says Central Bank Digital Currencies Not a Threat to Cryptocurrencies

Major investment bank Morgan Stanley believes that central bank digital currencies are not a threat to the existence of cryptocurrencies. The bank believes that both types of digital currencies can coexist because they serve different purposes and have different appeals. Cryptocurrencies and CBDCs Can Coexist Morgan Stanley’s analysts, including chief economist Chetan Ahya, discussed the […]

Xem chi tiết: Morgan Stanley Says Central Bank Digital Currencies Not a Threat to Cryptocurrencies

China Calls Bitcoin and Stablecoins ‘Investment Alternatives’ for the First Time Since Crypto Crackdown

After the well-known crypto crackdown launched by the Chinese government four years ago, it seems there is now a change in the tone from the country’s central bank. At least that’s what has been suggested recently by the deputy governor of the People’s Bank of China (PBoC). Central Bank Clarifies Its Regulatory Framework on Cryptos […]

Xem chi tiết: China Calls Bitcoin and Stablecoins ‘Investment Alternatives’ for the First Time Since Crypto Crackdown

Whales Move Over $4 Billion in BTC During Sunday’s Market Carnage, 150 Bitcoin from 2010 Spent

After bitcoin and a myriad of other crypto-assets tumbled in value on Sunday a number of significant whale movements took place. During the morning trading sessions on Sunday (EST), an old school miner transferred three decade-old coinbase rewards with 150 bitcoin worth more than $8.5 million. Later on in the evening, just before the transition […]

Xem chi tiết: Whales Move Over $4 Billion in BTC During Sunday’s Market Carnage, 150 Bitcoin from 2010 Spent

Crypto Exchange Luno Says South Africa’s Crypto Trading Dominated by Young People

Luno, one of Africa’s pioneering crypto exchanges, has revealed that South Africa’s cryptocurrency trading is largely dominated by young people with those under the age of 29 accounting for 40% of transactions. The exchange, which claims to have added nearly a million new South African customers in 2020, also reveals that “around 65% of Luno’s […]

Xem chi tiết: Crypto Exchange Luno Says South Africa’s Crypto Trading Dominated by Young People

200-Year-Old American Wine Shop Now Accepts Cryptocurrencies 

OFAC Escalates Russian Sanctions Listing Bitcoin Addresses, US Treasury Crypto Crackdown Rumors Spread

Bitcoin Hashrate Drops Over 45%, Xinjiang Grid Blackouts Blamed, BTC Price Slides 10%

‘Ossification Is Stupid:’ Bitcoin Development Controversy Strikes ‘Speedy Trial’ Taproot Activation

Miami-Dade Officials Hope to Launch a Crypto Task Force, Residents Could Pay Taxes in Bitcoin Soon

‘Weird Coins Like DOGE and XRP Spike’- Galaxy Digital’s Mike Novogratz Warns of a Crypto Market ‘Washout’ 

‘Weird Coins Like DOGE and XRP Spike’- Galaxy Digital’s Mike Novogratz Warns of a Crypto Market ‘Washout’ 

Over $750 Million in Bitcoin from the 2016 Bitfinex Hack Moved Today

Other Articles