Piso Barato Inmobiliaria, a Tenerife-based real estate company, has launched a new feature, one which lets customers buy property using bitcoin.
The company made use of the word “cryptocurrencies,” but it mostly focused on Bitcoin for the greatest part of the announcement.
Piso Barato Inmobiliaria claims that a group of experts declared bitcoin to be the “primary currency” of exchange globally, which has raised the company’s interest in digital assets.
The firm also complimented the fact that payments with bitcoin avoid tampering in the process of buying properties and that the decentralized nature doesn’t let the government interfere, which thus makes the whole process smoother.
In late February, Idealista, another Spanish real estate platform, had listed an apartment in Barcelona for sale in Bitcoin. The first real estate transaction in Spain with Bitcoin dates back to 2018.