Real-estate & Crypto

[mindrust]

Hello guys,
Do you know where is can purchase legally a real-estate asset in crypto?

I don't think it really matters if you buy your property with btc or FIAT because in most countries buying something with BTC triggers a tax event which means you'll pay a capital gain tax for your profits whether you use bitcoin or FIAT when you buy your real estate.

Maybe there are a few 3rd world shit hole countries exception to this rule but I am pretty sure you don't wanna buy a property in those countries. Do you?

[Baimovic]

Many people are skeptical about cryptocurrency, so they will not want to sell their assets for crypto. This is the most unstable currency; for example, bitcoin is worth less than 25 thousand dollars, although before, bitcoin was worth 70 thousand.

Isn't there a lot of stable coins in crypto that can be used to make these transactions? If the asset is traded with crypto assets it will not be difficult even though the price has decreased in value because the pair with Fiat will continue to follow the nominal that must be paid at that real time.

[CaVO32]

Many people are skeptical about cryptocurrency, so they will not want to sell their assets for crypto. This is the most unstable currency; for example, bitcoin is worth less than 25 thousand dollars, although before, bitcoin was worth 70 thousand.

Isn't there a lot of stable coins in crypto that can be used to make these transactions? If the asset is traded with crypto assets it will not be difficult even though the price has decreased in value because the pair with Fiat will continue to follow the nominal that must be paid at that real time.

Up until today, very few that you will read that someone is paying crypto for real-estate purchase. I guess, it will only happen if the seller is already into crypto and if he wants to receive payment in crypto. Otherwise, even these crypto projects dedicating in real-estate is finding it difficult to penetrate this market because it is hard to sustain this business. Many people still prefer the traditional way of payment method when it comes to real-estate business. If someone is paying crypto with his real-estate purchase, it will hit the news. Which translates that, it is a big deal for real-estate and so the adoption is still rare.

[CryptoHeadlineNews]

Hello guys,
Do you know where is can purchase legally a real-estate asset in crypto?

To purchase a real estate asset legally with crypto, you will have to go countries where crypto is accepted legally, because without that, it will be a bit difficult doing that except you happens to meet a real estate agent willing to transact with you in crypto one on one.

[boyptc]

To purchase a real estate asset legally with crypto, you will have to go countries where crypto is accepted legally, because without that, it will be a bit difficult doing that except you happens to meet a real estate agent willing to transact with you in crypto one on one.

There's no other option if the property you want to buy is only accepted in cash or even if the owner wants to receive the payment in crypto but there has to be some taxation and paper works that will matter due to this sale.

That's why they have to go through it like having an actual transaction, p2p and then they'll also talk about the tax and other paper works. It's all a matter of talks and agreement.

If not, then just go with the traditional way of selling it for cash and hand over the money to the seller but it will take time.

[Smack That Ace]

Hello guys,
Do you know where is can purchase legally a real-estate asset in crypto?

To purchase a real estate asset legally with crypto, you will have to go countries where crypto is accepted legally, because without that, it will be a bit difficult doing that except you happens to meet a real estate agent willing to transact with you in crypto one on one.

We don't need to move to countries where bitcoin is legal, nowadays to increase liquidity a lot of companies or individuals dealing in real estate accept bitcoin as payment but they will convert to fiat immediately because the volatility of bitcoin is unpredictable.

If you are living in a country where bitcoin is not legal then you can use p2p to transact, not too difficult and no need to move to other countries.

[CryptSafe]

Sure you can get it for yourself but you would have to do your own research (DYOR) so as not to fall prey to scammers. Do well to consult real estate experts for guidance. You would definitely get it if you are real and genuine.

[UmerIdrees]

Hello guys,
Do you know where is can purchase legally a real-estate asset in crypto?

It's very rare to buy a property with cryptocurrencies. Even if you know some country where it is done, it's no use for you if you do not live in that country. Obviously you won't buy the property in some other country if you can't visit that place  physically.
The best you can do is to cash out your crypto and then buy the property in your country.

[virasog]

Hello guys,
Do you know where is can purchase legally a real-estate asset in crypto?

To purchase a real estate asset legally with crypto, you will have to go countries where crypto is accepted legally, because without that, it will be a bit difficult doing that except you happens to meet a real estate agent willing to transact with you in crypto one on one.

Although he can buy a property without actually visiting to any country as the documents for that property can be send electronically via emails and the payment can be done instantly via bitcoins. However there is a possibility that the property agent may scam him in the process due to the fact the person is not present physically at the location.
Also I would like to know from which country OP belongs ?

[Cryptodebjoe]

We can juxtapose(compare and contrast) both crypto and real estate as key areas of modern investments in real estate maintenance, supervision and leasing of the facility on yearly basis can be can sometimes prove to be cost effective but in crypto the only issue of concern is the volatility so as a long time investment crypto is better. According to Forbes list of 2022 Richest real estate owners we have the following as te top 3:
Donald Bren Net Worth: $16.2 billion (Up from $15.3 billion in 2020)
Stephen Ross Net Worth: $8.3 billion (Up from $7.2 billion)
Sun Hongbin Net Worth: $6.9 billion….
These men are not among the top richest men in the world but the richest man in the world Elon Musk has not only invested in crypto but also publicly identifies with it. This shows tat crypto is a veritable area of investment.
Also while real estate is a tangible area of investment crypto can be used to buy this assets also for long term sales

[Vaskiy]

Hello guys,
Do you know where is can purchase legally a real-estate asset in crypto?

To purchase a real estate asset legally with crypto, you will have to go countries where crypto is accepted legally, because without that, it will be a bit difficult doing that except you happens to meet a real estate agent willing to transact with you in crypto one on one.

Although he can buy a property without actually visiting to any country as the documents for that property can be send electronically via emails and the payment can be done instantly via bitcoins. However there is a possibility that the property agent may scam him in the process due to the fact the person is not present physically at the location.
Also I would like to know from which country OP belongs ?

Almost in every country it is a must to be present in person when a property is being registered on his/her name. The transaction can be made electronically, and this too have got limitations. In my country it is mandatory to be in person and the transaction needs to be made electronically or through cheques. My country haven't got any such registration of property in exchange for bitcoin. Hope this will happen soon, even if people have the willing they won't buy it considering the 30% tax on capital gains.