The virtual money acquisition of a luxury apartment in Miami’s prestigious Surfside neighborhood marks a historic sale for the city’s real estate market
Photo: Photo by EVA MARIE UZCATEGUI / / AFP / Getty Images
Thursday, November 7
The most expensive property acquired with cryptocurrencies: they buy an apartment in Miami for $ 22.5 million
Miami is once again in the news in terms of cryptocurrencies, this time we are going to the real estate world. It is about a consortium that decided to announce that it would accept cryptocurrencies as a payment method for the purchase of its properties. And the offer was immediate.
The offer turned out to be attractive for a millionaire sale and now an apartment in 09. $ 5 million paid in cryptocurrencies . The sale was made in an exclusive condominium in the city, in the prestigious Arte Surfside building , from the Surfside neighborhood. The department has an extension of 465 square meters, 4 bedrooms, 4 bathrooms and a space for wine tasting.
In addition, the property has a balcony that goes around the entire property, that is to say of 465 degrees , and has an ocean view. The buyer’s name was of course not disclosed, however that anonymous buyer will be recognized for setting a precedent over the possibility of investing in cryptocurrencies in the real estate sector.
Because it is a high value negotiation, the sale was published in Forbes magazine, however it was not known which cryptocurrency was used for the operation.
What if it could be known is that is the most expensive sale in the history of Miami, in which the record was held by the daughter of former President Donald Trump, Ivanka, with a department in the same Surfside tower.
The city of Miami is becoming an important point for cryptocurrency trading. Just a week ago, the Bitcoin conference 2021 , one of the most prestigious people in the world of virtual money.
Among the attendees stood out personalities such as: the mayor of Miami, Francis Suarez; the co-founder of the social network Twitter, Jack Dorsey; the ex-congressman, Ron Paul; Senator Cynthia Lumis; Michael Saylor for MicroStrategy; Skateboard Legend Tony Hawk, Tim Draper; boxer Floyd Mayweather Jr; Vitalik Buterin; Paris Hilton; American football player Sean Culkin; and the rapper Money Man, among others.
Likewise, it was known through the mayor of the city, Francis Suarez, that Miami is trying to have its own currency, the Miamicoin, a cryptocurrency built on top of City Coins.
For this local authority, one of its main projects is to attract entrepreneurs from the financial world of cryptocurrencies to turn the city of Miami into a financial center for virtual currencies.
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