Turkish Real Estate Company Antalya Homes Added Bitcoin to List Of Supported Payment Options

By Emily Rys | June 16, 2020

Turkey-based real estate company Antalya Homes has reportedly added Bitcoin to the list of accepted payment methods for purchasing properties available on its platform. 

Specifically, Antalya Homes has reportedly recorded the real estate sale with the largest value, using Bitcoin as the payment method in Turkey. 

According to the firm, the current crisis going on throughout the globe has reportedly been the motivation for it to search for innovations. Particularly, the firm has rolled out virtual home tour feature, along with Bitcoin-enabled payment option via its website. 

“In the sale of a villa in Antalya, we recorded visuals of the house with a drone and did an online viewing tour with the customer. Then, we brought the buyer and the seller together on an online meeting and finalized the negotiations. Antalya Homes brokered the payments with Bitcoin. This sale, worth [$1.25 million], was the highest valued property sale ever made by Bitcoin in Turkey.” Bayram Tekce – chairman of Antalya Homes – reportedly remarked. 

Antalya Homes’ website has reportedly included a dedicated “Pay with Bitcoin” section, revealing other coins supported by the firm, nominally XRP, Bitcoin Cash (BCH), Litecoin (LTC), Bitcoin Gold (BTG), Tether (USDT), Stellar (XLM) and Ether (ETH).

The required fees adopted by traditional payment options to carry out large transactions reportedly rendered that type of payment a good practical example for cryptocurrency.

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