Turkish real estate agency Spot Blue International Property recently noted that the country is becoming a pioneer in the field of cryptocurrencies, and the Turkish real estate market has established itself as an ally of blockchain transactions.
According to the agency, Turkey's first real estate available to Bitcoin investors will soon appear in the popular resort of Kusadasi. The firm is currently marketing seven unfinished turnkey buildings in Kusadasi, with prices ranging from £59,500 for a two-bedroom apartment to £159,500 for a three-storey villa.
Buyers can choose to pay in anything other than Bitcoin if they wish - the price will be set according to the exchange rate “at the time of contract.”
Julian Walker, director of Spot Blue International Property, said: “Rather than avoiding cryptocurrencies, many people in Turkey are positive about initiatives like these, giving the many Bitcoin investors more options and space.”
He also added: “Turkey has always had a diverse market in terms of currencies - Turkish lira, dollars, euros and pounds sterling are very often used here when buying/selling property. Bitcoin would be a great addition to this list. Kusadasi is a popular tourist destination and one of the few places where the implementation of such a project is possible."
Turkey became one of the first countries to accept blockchain transactions. The world's second Bitcoin ATM was installed at Istanbul Ataturk Airport. At the moment, the Turkish government is considering the option of launching own national cryptocurrency
A government report in early 2018 considered the possibility of launching “Turkcoin,” a government-regulated currency backed by Turkey's sovereign wealth fund. It includes Turkish Airlines, Istanbul Stock Exchange and Turk. Telecom.
There are already two exchanges in Turkey that exchange cryptocurrencies for the lira and vice versa - Koinim and BTCTurk.
“It is also noteworthy that Turkey was a party to the first ever cargo transaction concluded in Bitcoin in January 2018,” Walker continued. “The advantages of cryptocurrencies as an international payment system are undeniable. Meanwhile, one of Turkey’s amateur football teams recently announced that they will be the first in the world to pay their players’ salaries in cryptocurrency.”
According to https://www.propertyinvestortoday.co.uk
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