PHOENIX — A Valley actual property agent has listed 4 luxurious condominiums with the vendor permitting the choice of cryptocurrency as cost.
The 4 condominiums positioned in Scottsdale vary in value from $1 million to simply over $2 million and are a part of the portfolio of household funding group Hudye Group, in keeping with a press launch, with luxurious property specialist Johnathon De Younger of Russ Lyon Sotheby’s Worldwide Realty representing the group.
“The vendor realizes Bitcoin, Ethereum and digital property, generally, have gotten a mainstream asset class,” Younger mentioned within the launch.
“It appears solely acceptable for a considerable funding group to start dipping its toes in what is probably going among the biggest monetary innovation of our lifetime.”
Whereas only some actual property transactions around the globe have been closed utilizing cryptocurrency, consultants consider it is going to be commonplace in a couple of years, in keeping with the discharge.
“At Hudye Group, we notice that digital property and cryptocurrencies have gotten an increasing number of commonplace for buyers and patrons around the globe,” Ben Hudye, of the Hudye Group, mentioned within the launch.
“We wish to assist facilitate a transaction that’s mutually helpful to all events concerned so we’re extraordinarily happy that we will provide among the most interesting in luxurious high-rise condominiums on the market, with the pliability that Bitcoin and Ethereum present.”
Hudye added the properties appeal to a variety of patrons not solely regionally however nationally and even internationally.
Stewart Title will function the escrow firm for the transactions of the condominiums since transactions involving cryptocurrency have nuances, in keeping with the discharge.
The 4 listings – which provide connoisseur kitchens, high-end finishes, floor-to-ceiling glass and personal balconies – might be seen online.
