One property developer who is hoping to capitalise on the recent digital currency boom is Ben Shaoul, of Magnum Real Estate Group.
Speaking to The Express, Shaoul said:
We were approached by a buyer who has been collecting bitcoin for many years and was interested in using it to buy property.
Since then there have been a further two to three customers who have approached the developer to see if they can purchase luxury condos with the cryptocurrency. Prices for these properties range in price from $700,000 to $1.5 million.
With prices rising in the digital currency space more homeowners are turning their attention to the market. As a result, several are reported to have listed their properties with the option of paying in bitcoin.
Last month, a Notting Hill mansion in London was put up for sale with the asking price of $17 million, believed to be a first for the metropolitan city. In this case, though, the seller is only accepting bitcoin. In the last week it has been reported that a 49-year-old man has put his £80,000 house up for sale, with the option of accepting the digital currency…