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Idealista plans to accept BTC as payment for an apartment in Barcelona
February 26, 2021
The buyer must settle the property’s taxes, notary, and registration fees in euros.
Inviertis and Kasaz offered the technology which supports this sale.
Idealista, a renowned Spanish real estate platform, is offering an apartment in Barcelona for sale in Bitcoin (BTC). The agency unveiled this news through a news release on February 22, noting that anyone interested in the property must pay using BTC. Reportedly, Idealista teamed up with Inviertis and Kasaz to acquire the technology that supports this property listing.
According to the press release, the apartment is located in the Ciutat Vella neighborhood, which is a few meters from Rambla Cataluña, in the center of Barcelona. The property is going for 3.5 BTC (approximately £113,732.33). However, the buyer must pay the taxes, notary, and registration fees in euros. Explaining why, the entire sum cannot be paid in BTC, the agency said
Feb 26, 2021 Spanish Real Estate Agency Offers an Apartment in Barcelona for Sale in Bitcoin- Taxes Must Be Paid in Fiat
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.