The Turkish real estate company Antalya Homes announced that customers can now pay for the properties listed on their platform using Bitcoin (BTC).

According to the announcement on June 15, Antalya Homes claims to have registered the most expensive real estate sale ever with Bitcoin as a payment method in Turkey.

The company said the coronavirus pandemic has forced the real estate industry to innovate. More specifically, Antalya Homes has responded by offering virtual home tours and adding Bitcoin support to the site. The company’s chairman of the board, Perm Tiksi, explained:

“When we sold a villa in Antalya, we recorded a visualization of the house using a drone and did an online sightseeing tour with the customer. Then we invited the seller and the buyer to an online meeting and ended the negotiations. Antalya Homes paid with bitcoins. This sale was which is worth [$ 1.25 million] the most expensive real estate sale ever of Bitcoin in Turkey. ”

Antalya Homes has a section dedicated to “ Pay with Bitcoin ”, which indicates that the company also supports payments with XRP, Bitcoin Cash (BCH), Litecoin (LTC), Bitcoin Gold (BTG), Tether (USDT) and Stellar. (XLM). ) And ether (ETH).

Use of cryptocurrency in the real estate market
Fees charged for large transactions of traditional financial services make such payments a good use for cryptocurrencies. For example, real estate investor Ben Shool sold an apartment in Manhattan’s Upper East Side for $ 15.3 million, but in bitcoin.

In October 2019, the 150-year-old Church of England was listed for sale for $ 1.5 million bitcoins.

Source: CoinTelegraph