2 years ago
Latin American existent property marketplace person La Haus has closed different location merchantability for bitcoin, the archetypal successful Colombia aft precocious selling a spot successful Mexico, Valora Analitik archetypal reported.
La Haus’ VP of innovation and future, Jehudi Castro, told Bitcoin Magazine that the transaction represented a downpayment for an flat astatine Natura City, an exclusive flat analyzable owned by Titles and Real Estate Developments, which is being built successful the Bellavista sector, Santa Marta, successful the northbound of Colombia.
Castro added that the flat outgo astir $98,000 successful total, which astatine the clip of penning translates to astir 2.45 BTC. The purchaser paid 0.03 bitcoin successful the downpayment and volition marque incremental payments successful bitcoin until the apartment’s operation is completed, which is expected to hap successful 2025.
“We are moving to bring this benignant of alternate to the remainder of the country, truthful that the outgo methods and the signifier of concern are not a obstruction to entree residential goods,” Castro said, per the report.
Bitcoin’s powerfulness shone by frictionlessly completing the transaction crossed borders, arsenic the purchaser was traveling internationally astatine the clip of purchase. Payment processing institution OpenNode facilitated the transaction to beryllium made instantly done the Lightning Network.
La Haus, which has strived to bring U.S. tech-enabled existent property services to the Latin American existent property market, started accepting payments successful bitcoin for its existent property properties in November aft starting a collaboration with OpenNode. The outgo processor allows La Haus to person bitcoin payments with easiness some on-chain and connected the Lightning Network, Bitcoin’s layer-2 scaling solution.
The institution sold its archetypal location for bitcoin last month erstwhile a Peruvian pistillate exchanged 5.78 BTC for an exclusive flat located successful 1 of the astir highly valued areas of the metropolis of Tulum, Mexico's Riviera Maya.
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