Colombian Real Estate Platform Allows Users to Purchase Properties with Bitcoin –

A Colombian real estate platform now allows users to buy properties with Bitcoin. The platform called La Haus promotes Bitcoin payments for a new real estate project in Santa Marta called Natura City. This is an extension of the platform that has already established such a service in Mexico.

La Haus allows Colombian citizens to buy real estate with Bitcoin

A Colombian real estate platform, La house, is make possible Bitcoin investors to buy real estate directly with the cryptocurrency. To launch this initiative in the country, the platform presents a new residential project in an exclusive part of Santa Marta, called Natura city. The site is less than 200 meters from Colombian beaches and construction of the complex is expected to be completed by 2025.

La Haus has partnered with payment processor OpenNode for this task, allowing users to pay for the properties via Lightning Network or on-chain depending on the buyer's needs. The buyer can pay 100% in Bitcoin or only part of the total amount in BTC, pay the remaining amount through traditional channels. Each apartment is valued at approximately 2.19 Bitcoin or 400 million Colombian pesos.

Expanding from Mexico

This is not the first time that La Haus has delved into cryptocurrency payments in the industry. The company launched earlier this year, in November accepting Bitcoin payments for a housing development in Playa del Carmen, Mexico. At the time, La Haus said it would expand this payment option to all properties listed on its platform.

Commenting on the evolution of Bitcoin payment acceptance, La Haus President and Co-Founder Rodrigo Sanchez-Rios stated:

We think Bitcoin will be the reserve currency of the future. At our core, we are a technology company. It goes without saying that we are pioneers with this technology.

However, issuing Bitcoin as a payment method for real estate companies can be complex due to regulations. In the USA, Bitcoin can be taken into account property, so that any income or loss from the sale of the asset is subject to capital gains tax. However, real estate purchases in crypto continue, such as: buy an apartment in Venezuela with stablecoin Tether.

What do you think about La Haus accepting Bitcoin payments for real estate in Colombia? Tell us in the comments section below.

Sergio Goshenko

Sergio is a cryptocurrency journalist based in Venezuela. He describes himself as late to the game, entering the cryptosphere in December 2017. He has a computer engineering background, lives in Venezuela and is socially concerned about the cryptocurrency boom about crypto's success and how it helps the unbanked and underserved.

Photo credits: Shutterstock, Pixabay, Wiki Commons