PHOENIX — A Valley actual property agent has listed 4 luxurious condominiums with the vendor permitting the choice of cryptocurrency as fee.
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 response to 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 belongings, basically, have gotten a mainstream asset class,” Younger stated within the launch.
“It appears solely applicable for a considerable funding group to start dipping its toes in what is probably going among the biggest monetary innovation of our lifetime.”
Whereas just a few actual property transactions around the globe have been closed utilizing cryptocurrency, consultants imagine it is going to be commonplace in a number of years, in response to the discharge.
“At Hudye Group, we understand that digital belongings and cryptocurrencies have gotten increasingly more commonplace for buyers and consumers around the globe,” Ben Hudye, of the Hudye Group, stated within the launch.
“We need to assist facilitate a transaction that’s mutually useful to all events concerned so we’re extraordinarily happy that we are able to supply among the best in luxurious high-rise condominiums on the market, with the flexibleness that Bitcoin and Ethereum present.”
Hudye added the properties appeal to a variety of consumers 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 response to the discharge.
The 4 listings – which supply gourmand kitchens, high-end finishes, floor-to-ceiling glass and personal balconies – may be seen online.