Spain Leading the Way in Crypto-powered Real Estate Sales Sector – Report

5 Min Read
Dustin Warren
Content Writer

                  Spain has become the center of gravity for the fledgling crypto-powered real estate sector, a new study has found.

Per the media outlet Criptonizando, the study found that 289 properties had been listed for sale in Spain with crypto listed as a payment option.

The report noted that these properties were chiefly located in the southern cities of Alicante and Marbella. But it added that a number were also to be found in Barcelona.

“This number puts [Spain] ahead of all other nations by a significant margin,” the media outlet noted.

Thailand placed second on the list with 227 properties listed for sale in crypto. But there was a further Iberian connection – with Portugal placing in third place with 130 properties.

The survey also found that the average price of a property listed for sale in Bitcoin (BTC) in El Salvador, a nation where BTC has legal tender status, was BTC 40 – around $900,000.                

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