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Author Topic: Looking to buy an apartment using altcoin  (Read 1993 times)
caloriecoin (OP)
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May 15, 2018, 12:42:54 PM
 #1

Hi Guys,

Which countries/islands allows people to buy real estate/land using alt coins?

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May 15, 2018, 02:10:28 PM
 #2

Hi Guys,

Which countries/islands allows people to buy real estate/land using alt coins?



I don't know about any established crypto-oriented platforms where you can do this right now but there are some ICO projects
currently with plans to offer real estate investment. You can look up Brickblock, Wealth Migrate and Alt Estate. They are upcoming cryptos centred around real estate business

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May 16, 2018, 09:57:35 PM
 #3

I don't think there's any platform like this. However, you can search it on google and visit websites to get informations about it.
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May 16, 2018, 10:03:34 PM
 #4

I think that you need a country with more liberal laws about the real estate market, who will not require the money transaction to be done by bank transfer.
Search the net, they are already some real estate brokers that deal with crypto exclusively.
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May 16, 2018, 10:06:22 PM
 #5

Hi Guys,
Which countries/islands allows people to buy real estate/land using alt coins?
You can buy real estate property using altcoins in a country called Venezuela according to this source. However, you will need to convert your altcoins into a coin named petro(their nation backed cryptocurrency) in order to buy homes and property using crypto. Instead of looking into buying an apartment using altcoin, why not buy it using bitcoin? You can refer to this site for a list of cities accepting bitcoin as payment for real estate transactions(the volume is not that big though).
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May 16, 2018, 10:11:52 PM
 #6

Hi Guys,

Which countries/islands allows people to buy real estate/land using alt coins?



never heard about any countries that accepted altcoins to buy a real estate or land
maybe in the future there will be a country allow people buy with altcoins

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May 16, 2018, 10:12:45 PM
 #7

This depends to the land seller if he will allow you to pay with altcoin and I don't know what countries does allow this but as long as bitcoin or crypto's aren't prohibited there, you can do this transaction.
But if the seller insist and doesn't want to receive your altcoin, then you have to convert it to bitcoin and if still doesn't work, just do your own effort of converting it to cash.
What altcoin you prefer to pay if someone agrees on this deal?



 

 

 

 

 

 


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May 16, 2018, 10:13:14 PM
 #8

Hi Guys,

Which countries/islands allows people to buy real estate/land using alt coins?



Look into here http://bitcoin-realestate.com/

But why not just convert and buy with cash? Grin Seems a whole a lot more convenient .
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May 16, 2018, 10:16:08 PM
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The implementation of using any cryptocurrency coins to buy any property were not totally implemented, because using cryptocurrency to purchase any goods and products is too much risky because the price of cryptocurrencies are rapidly dumping sometimes, so it will make several losses to the people who accepts cryptocurrencies as term of payments, but despite of dumping the price of cryptocurrencies, there were also opposite good that simetimes it will rapidly rise, but the assurance is not basically done positive, that's why until now, there's is no such implementation of accepting any cryptocurrency as term of payments.

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May 16, 2018, 10:22:47 PM
 #10

Isn't that depends on the alt coin? As long as you can apartments with crypto in a country, you can talk with the sellers. Heard that a lot of real estate sales happens in Dubai with crypto. But people may not take risk with a highly volatile alt coin with low market cap. But always better to try rather than cashing out all in once as there are many realtors who have enough money reserves.
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May 16, 2018, 10:24:45 PM
 #11

I dont hear that kind of thing yet. Maybe a few country, you should research.But , In my opinion its very hard to using altcoin buying something big thing like apartment.

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May 16, 2018, 10:25:06 PM
 #12

I don't think you can use cryptocurrency to buy an apartment in any country at the moment Smiley). You should know that cryptocurrency is only legalized in only few countries but in these countries you only can use cryptocurrency to buy limited things like food, fuel or something like that but apartment is not possible IMO.

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May 16, 2018, 10:25:50 PM
 #13

Hi Guys,

Which countries/islands allows people to buy real estate/land using alt coins?
Why not just convert your altcoin into cash and then buy a property? Don't you think that would be much easier rather than looking for a real estate broker or platform that accepts cryptocurrency payments? Plus cash transactions are faster since only a minority knows about crypto..



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May 16, 2018, 10:27:28 PM
 #14

I don’t know about any such projects that offers such real estate investment. If you can find one you can look forward to it.

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May 16, 2018, 10:34:38 PM
 #15

I'll also be glad to see an apartment bought using Altcoin like HomeLoans, Smartreality and so on.
This will surely be a reality In a couple of months when all this coins gained their value.
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May 16, 2018, 10:39:54 PM
 #16

Is this possible at nowadays, really good new.But i dont think so people cant buy such a big thing like apartment.Maybe after 5 years later , it can be really common.

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May 16, 2018, 10:40:51 PM
 #17

Smile, this would be a very great one when that would come to past. Seeing people buying properties using Altcoins would attract so many novice to cryptosemight too and that would create much awareness in the society. Yet, every innovation starts from someone and somewhere. As a crypto lover, if you have properties for sale. You can always advertise and placing the ads like ETH payment is accepted and the likes . #justmyopinion
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May 16, 2018, 10:41:38 PM
 #18

certainly, good news, if it's true with altcoin, can buy an apartment or house rental. the function of the crypto is getting a real look. gives life to the more practical and easy. Hopefully future crypto is increasingly successful.
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May 16, 2018, 10:45:52 PM
 #19

I would say, NONE.

There is no reputable real estate agent anywhere that would accept a form of payment that is unregulated and volatile.
If someone offers to sell you property and let you pay using crypto, seriously check their credentials because they are most likely scamming you.

However, security tokens are finally starting to make headway with some directly using real estate as their securities.

The most furthest along out of all of these is probably Deedcoin.
They are still in ICO but they have managed to make business deals with real estate agents in all 50 states.
Not sure how that would help though, since I imagine that each real estate agent would have a limited supply of property available.

Another low profile one that I can think of is Swiss Real Coin.
It's a security token that represents the overall value of their Swiss real estate assets.

So, if you are looking to just buy one for yourself and pay with crypto, I would say you are out of luck.
But, of course, you can still sell it off and use the profit to buy it you know.

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May 16, 2018, 10:50:40 PM
 #20

It's impossible right now although cryptocurrency is very popular at the moment but I don't think there is anyone will sell an apartment for you with altcoin as payment method cause cryptocurrency is not legalized worldwide yet. Beside there are some countries ban using cryptocurrency so I think it's impossible at the moment but maybe in the future you'll be able to buy everything with your altcoin Smiley

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