According to a study conducted by Forex Suggest, Spain has emerged as the leader in the use of cryptocurrency for real estate transactions. As per Criptonizando, 289 properties in Spain have been listed for sale with cryptocurrencies as a payment option, primarily in Alicante and Marbella. Thailand and Portugal follow behind in second and third place respectively. Interestingly, Germany has also seen an increase in real estate vendors accepting BTC payments, with one listed property even being sold via the British platform Rightmove. Spain has also marked a significant milestone in tokenized real estate, with the sale of an apartment in Seville to international investors on the Ethereum blockchain in 2021. The trend of accepting cryptocurrencies as payment for real estate transactions is gathering momentum, particularly among younger aficionados with knowledge of the crypto industry.
