Cryptocurrency use has spread to various industries including travel and informatics, automotive, and now real estate. Global market leaders like Virgin Atlantic, Microsoft, and Shopify now let users acquire their products and services in exchange for cryptocurrencies.
The bears are still roaring in the cryptocurrency markets. However, despite the losses in the value of most of the tokens, especially Bitcoin, since the start of 2018, Statista data reveals that the number of crypto wallet owners is surging. The wallets increased by around 32% reaching a total of 31 million by the end of 2018.
Turkey is the Most Attractive for Housing Investment
With the total market capitalization hovering around $130 billion, cryptocurrency is now gradually getting adoption in food, travel, automotive, information technologies, and real estate. Turkey boasts having sold up to 40 thousand properties to foreigners in 2018 making it the most attractive European countries for housing investment.
The leading international real estate agency in the country, Antalya Homes, has enabled thousands of foreigners to acquire properties and homes in Turkey up to today.
Antalya Homes adopted an innovative approach selling up to nine house units in 2018 using Bitcoin. The chairman of this agency, Bayram Tekce, believes that all payments made using digital currencies enable faster and reliable transactions that resemble money transfer between banks but without any exchange loss.
It is quite profitable to acquire real estate for individuals who want to utilize cryptocurrency investments in the real estate industry. Investors can move their investment to a less volatile, less risky, and safer region by purchasing properties in countries like Turkey which will enable them to multiply their savings.
Antalya Homes launched a special section known as Pay with Bitcoin on their website to cater to all questions that customers may have about buying real estate properties using cryptocurrencies. For those who intend to get property using digital tokens, the company provides them a chance to own a house in Turkey starting from around 30 thousand Euros (9 BTC).