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Colombian Real Estate Platform Allows Users to Acquire Property With Bitcoin – Bitcoin News

A Colombian actual property platform is now permitting customers to buy properties with Bitcoin. The platform, known as La Haus, is selling bitcoin funds for a brand new actual property mission in Santa Marta, known as Natura City. This is an enlargement of the platform, which has already established such a service in Mexico.

La Haus to Allow Colombian Citizens to Buy Real Estate With Bitcoin

A Colombian actual property platform, La Haus, is enabling bitcoin traders to purchase actual property with the cryptocurrency instantly. To kickstart this initiative within the nation, the platform is that includes a brand new housing mission in an unique a part of Santa Marta, known as Natura City. The location is lower than 200 meters from the Colombian seashores and development of the advanced is estimated for completion by 2025.

La Haus partnered with cost processor OpenNode for this process and permits customers to pay for the properties by way of Lightning Network or on-chain, relying on the wants of the client. The purchaser will pay 100% in bitcoin, or simply pay a portion of the whole in BTC, paying the remaining quantity by way of conventional avenues. Each residence is valued at roughly 2.19 bitcoin or 400 million Colombian Pesos.


Expanding From Mexico

This isn’t the primary time La Haus has been concerned with cryptocurrency funds within the sector. Earlier this 12 months, in November, the corporate began accepting bitcoin funds for a housing improvement on Playa del Carmen, Mexico. At that point, La Haus acknowledged that its intention was to prolong this cost possibility to all the properties listed on its platform.

On the evolution of accepting bitcoin funds, La Haus president and co-founder Rodrigo Sanchez-Rios, acknowledged:

We suppose that Bitcoin would be the reserve foreign money of the long run. At our core, we’re a tech firm. It’s pure for us to be pioneers with this know-how.

However, the problem of bitcoin as a cost methodology for actual property firms could be advanced due to rules. In the U.S., bitcoin could be considered property, in order that any earnings or loss ensuing from the sale of the asset is topic to capital beneficial properties tax. Real property purchases in crypto proceed, nonetheless, reminiscent of the acquisition of an residence in Venezuela with stablecoin tether.

What do you concentrate on La Haus accepting bitcoin funds for actual property in Colombia? Tell us within the feedback part under.

sergio@bitcoin.com'
Sergio Goschenko

Sergio is a cryptocurrency journalist based mostly in Venezuela. He describes himself as late to the sport, getting into the cryptosphere when the price rise occurred throughout December 2017. Having a pc engineering background, dwelling in Venezuela, and being impacted by the cryptocurrency growth at a social stage, he presents a special viewpoint about crypto success and the way it helps the unbanked and underserved.

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