Real Estate Firm Antalya Homes Says Its Customers Can Pay With Bitcoin
Real Estate Firm Antalya Homes Says Its Customers Can Pay With Bitcoin
June 16, 2020
Real Estate Firm Antalya Homes Says Its Customers Can Pay With Bitcoin
Real Estate Firm Antalya Homes Says Its Customers Can Pay With Bitcoin
June 16, 2020

Antalya Homes, a Turkish real estate firm, has announced that its customers can now pay for properties listed on its platform with Bitcoin.

On June 15, it has been reported in an announcement that Antalya Homes claims to have recorded the highest-valued real estate sale ever made while using Bitcoin as a payment in Turkey.

However, according to the company, the COVID-19 pandemic forced the real estate industry to innovate, as Antalya Homes reacted by offering virtual home tours and adding support for Bitcoin on its website.

Bayram Tekce, the Chairman of Antalya Homes, explained:

“In the sale of a villa in Antalya, we recorded visuals of the house with a drone and did an online viewing tour with the customer. Then, we brought the buyer and the seller together on an online meeting and finalized the negotiations. Antalya Homes brokered the payments with Bitcoin. This sale, worth [$1.25 million], was the highest valued property sale ever made by Bitcoin in Turkey.”

It has been analyzed that the company’s website features a dedicated “Pay with Bitcoin” section, which notes that the company also facilitates payments with XRP, Bitcoin Cash (BCH), Litecoin (LTC), Bitcoin Gold (BTG), Tether (USDT), Stellar (XLM) and Ether (ETH).

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Thus, the fees imposed on big transactions by traditional financial services make such payments a good use-case for cryptocurrencies.

Source: Cointelegraph | Image: EN Delfi


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Ishita Bora

Ishita Bora is a Senior Content Creator at Digital Notice Media Labs with an experience of 1 year. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. Her interest lies in blockchain technology and cryptocurrency space, as she loves writing about blockchain and other blockchain-related articles. Currently, she is working on blockchain-based news, reviews, featured articles, and guides.