Crypto could completely change how real estate is transacted in the future. It could make title transfers faster, more efficient and much cheaper, by cutting out title companies from the equation.
The first-ever bitcoin real estate transaction was completed in Texas for a custom-built, single family home. The closing was completed in under 10 minutes, as reported by Cointelegraph.
So, if crypto is burning a hole in your pocket, here are 5 real estate listings you can buy:
šLA JOLLA, CA
6653 Neptune Place is a beachfront paradise that even has a name, Marine Lair. Thatās how you know itās fancy! The lair is a 3 bedroom, 4.5 bath, 3,124 square foot beach loversā dream. It features vanishing walls, an infinity pool and a hydraulic driveway to allow your low-riding Ferrari to enter without a scratch. The brokerās website states, āThe seller will entertain offers with bitcoin and other cryptocurrencies.ā
šGreenwich, CT
This exquisite new construction residence is located within walking distance to downtown Greenwich and all it has to offer; shops, restaurants, and schools. The listing will accept Bitcoin, Litecoin, š¤ Metal or Ethereum. The perfect blend of fabulous architecture and state-of-the-art amenities, this masterpiece with sun drenched rooms combines traditional sophistication with a contemporary flair.
šSAN FRANCISCO, CA
In the heart of San Franciscoās Russian Hill neighborhood, this home features a movie theater, gym, spa, game room, wine cellar, and two Tesla charging stations. This home also boasts a 16-foot marble waterfall counter and a rooftop lounge with 360-degree views of the city and waterfront. So, open up your crypto wallets and make an offer!
šMALIBU, CA
A 9,000 square foot beachfront mansion listed for $45 million will accept offers in cryptocurrency. Located on one of Malibuās most luxurious stretches, you can rub elbows with A-list celebs. The home also features walls that are mostly windows and a stunning catwalk that connects the foyer to the bedroom. The seller has stated he will accept only partial payment in crypto, but he didnāt state an exact percentage.
šLONDON
An Ā£18 million-pound mansion ($24 million USD) in Londonās Notting Hill district will only accept bitcoin as payment. Sorry, fiat. No shirt, no crypto, no service. Seller Lev Loginov told the Evening Standard, āWe think in the future it is going to eliminate the need for solicitors and property title and is really going to change how real estate transactions are conducted.ā
šROME, ITALY
The most luxurious home crypto can buy is the Palazetto Mansion in Rome. Itās being sold by Paris Hiltonās father for $38 million. Built in the 16th-century, it boasts 17,363 square feet, 11 bedrooms, 15 bathrooms, 3 full kitchens, a movie theater, a spa and a gym.
The mansion is being auctioned by a company Propy, which claims to be the world leader in property transactions secured through Blockchain.
š¤ Would you buy a house using crypto? Let us know on Twitter.