Real estate Agency Casa Nostra now accepts crypto payments
UAE’s real
estate agency Casa Nostra announced that it is now accepting cryptocurrencies
from property buyers as well as renters. According to the tweet everything at
Casa Nostra can be paid through cryptocurrencies.
As per the tweet, “The
future of real estate is here! You can buy your property with crypto. Rent,
service fees, and everything can be paid through cryptocurrencies.”
This is not the
first real estate agency or property developer in the UAE to accept
cryptocurrency payments. A while back DAMAC also started to accept
cryptocurrency payments as has Emaar.
Even UAE
Properties developer Nakheel partnered with Abu Dhabi based crypto exchange
Hayvn offering crypto payment options for Nakheel clients. Nakheel clients are
able to pay for their rent, service fee, and real estate purchases in
cryptocurrency.
While Huobi
partnered with fäm Properties to offer secure crypto payment options for its
real estate investors, offering more payment flexibility with this new
service.
In March 2022, UAE
based Real estate and industry experts estimated that crypto payments for Dubai
real estate increased by 300 percent in 2022 and that the trend would continue.
Majority of buyers were using stablecoins such as Tether, USDT as well as
Bitcoin and Ethereum.
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