Antalya Homes, a leading Turkish real estate agency, has reportedly sold nine properties in 2018 using Bitcoin as payment.
Antalya Homes’ decision to accept cryptocurrencies shows its desire to be up to date with global trends by offering its customer “more flexibility for ease of purchase.” Bayram Tekce, Chairman of Antalya Homes stated in a press release made on March 5, 2019, the following:
Payment with cryptocurrency enables a more reliable and faster transaction performance such as money transfer between bank accounts without any exchange loss. It is very profitable to purchase real estate for those who want to utilize their cryptocurrency investments in the real estate sector.
In addition to Bitcoin (BTC), Antalya Homes also supports payments in Ripple (XRP), Bitcoin Cash (BCH), and Ethereum (ETH) for its property sales.
Tekce also pointed out that — seeing as the housing market in countries such as Turkey is experiencing a growth in value — through the use of cryptocurrencies “investors can shift their investment to a less risky and safer area, and multiply their savings.”
According to its website, Antalya Homes states that the exact amount of cryptocurrency needed to make the payment is calculated using the exact stock exchange value at the time of the payment due to the volatility the crypto market. Buyers can also opt to pay just a part of the sum with Bitcoin and the rest with fiat currency.
Antalya Homes Real Estate Inc is now accepting Bitcoin and other cryptocurrencies as payment for property sales in Turkey.💸
📰🌐 https://t.co/yoSIHXzOuO#antalya #antalyahomes #bitcoin #ethereum #ripple #realestatenews #propertysales #Turkey pic.twitter.com/YLx4c7GexM
— Antalya Homes (@antalyahomes) September 21, 2018
Real Estate Sales in Bitcoin Is On the Rise
Accepting Bitcoin for real estate property is becoming a global trend, as Turkey is not the only country to adopt this payment method. In Dubai, the UK, and several US states, such as California, Florida, and Delaware, crypto owners have been able to buy homes using their bitcoin.
You can also spend your Bitcoin on a luxurious palace. Rick Hilton, Chairman of Hilton and Hyland, offered through a Bitcoin auction the Palazzetto, a $38 million Roman mansion.
Bitcoin owners are now able to purchase property and real estate almost anywhere. The Bitcoin Real Estate site allows sellers to showcase their property for international buyers.
“We are here to promote the use of Bitcoin for purchasing real estate. You can sell your property, and the buyer pays in Bitcoin digital currency then you receive US Dollars, Euros, etc.” said Bitcoin Real Estate.