In Mexico, the real estate sector continues to push the use of Bitcoin for real estate acquisitions

La Haus, a cutting-edge real estate company, has completed a sale in Rivera de Maya, Mexico; and thanks to the cutting-edge technology used by La Haus, payment in cryptocurrencies was possible integrated into the purchasing process

In a press release, Proptech explains that using this type of technology solves the problems faced by intermediaries in companies, which of course means that costs are reduced throughout the process, making it more agile and profitable for investors.

On this occasion The deal was for a Rivera Maya property in Mexico and the buyer was in Lima, Peru. The main feature, maintained for more than a decade, is precisely the ability to generate cross-border payments without major complications.

In Mexico, the real estate sector continues to push the use of Bitcoin for real estate acquisitions
In Mexico, the real estate sector continues to push the use of Bitcoin for real estate acquisitions

The emergence of Bitcoin in 2008 should allow this type of transaction and business to become more common and possible. La Haus has harnessed the versatility of this technology, which is why it is celebrating the purchase of this property in Mexico from Peru without having to use traditional financial systems that add additional costs to the entire transaction.TO

The transaction was made for 5.78 bitcoins through the Bitcoin Lightning network’s Opennode payment processor. In the same press release, Rivieralty founder and real estate developer Jonathan Cuan stated, “We had a keen interest in opening our developments to cryptocurrencies for half a year since 50% of our clients are foreigners, as a result of how we simplify the investment process in Mexico the integrated solution from La Haus solved all technical and legal problems for us

Likewise, the vice president of the future at La House Jehudi Castro-Sierra pointed out: “This is real, and it is an effective and convenient way to conduct international transactions because it eliminates intermediaries and addresses real issues in Latin America, such as exchange rate fluctuations and inflation phenomena that are much higher than in developed countries. With this we are taking another step towards making our countries more attractive for foreign private individuals to invest in, and one of our bets for the future is that Bitcoin will be a fundamental means of payment in real estate..TO

The company is currently promoting projects with the possibility of continuing to acquire real estate in cryptocurrencies, thereby continuing to break new ground in real estate business.

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