Turkish Real Estate Agency Antalya Homes Starts Accepting Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), XRP and other Cryptocurrencies
Who would have thought that cryptocurrency will come this far in any sector? It took the world by surprise every time it entered a new field. There is no denying that the value of cryptocurrency especially bitcoin is going through a lot of fluctuations since last year. In spite of these constant fluctuations, the number of owners of cryptocurrency wallets increased to 31 million. This showcases the impact cryptocurrency has on this world right now.
Antalya Homes Real Estate Inc, a Turkish real estate company started to accept cryptocurrency as payment for property sales. With almost 13 years of experience in the field, Antalya Homes is one of the leading real estate companies in Turkey.
This move hasn’t been a surprise as Turkey is very enthusiastic in using cryptocurrency lately. Recently, there is a bitcoin ATM was opened in the Ataturk Airport of the country. It is one of the busiest airports in the world; it surely emphasizes the demand of cryptocurrency in Turkey.
According to some financial experts, this move by Antalya Homes is not so advantageous. The recent fluctuations in bitcoin value are the main reason for this slightly negative feedback. However, Antalya Homes services are not just limited to bitcoin. They are accepting other popular cryptocurrencies as payments like Ripple (XRP), Ethereum (ETH), Bitcoin Cash (BCH), Bitcoin Gold (BTG), Litecoin (LTC), Tether (USDT) and Stellar (XLM).
Antalya Homes seem to be aware of this problem. Hence the payment is calculated depending on the current value of cryptocurrency during the time of purchase. So far they claim to have completed nine real estate purchases using Bitcoin, and it seems to be more reliable than the authentic payment modes.
Even from the buyers’ point of view, investing cryptocurrencies in real estate seems to be a very reasonable investment. And in countries like Turkey where the market is always on an upside, it is a reliable investment for good returns. It is very profitable for those who intend to invest their cryptocurrency in real estate if they do with a well-reputed company like Antalya Homes.
Bayram Tekce, Chairman of Antalya Homes said in a recent press release:
“Payment with cryptocurrency enables a more reliable and faster transaction performance such as money transfer between bank accounts without any exchange loss…Antalya Homes offers the opportunity to own a house in Turkey starting from 30 thousand Euros (9 BTC).”
Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.
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