UK property developers Go Homes has announced the sale of two luxury homes using Bitcoin.
The first property, a four-bedroom detached family home in Colchester, was bought by an unnamed software developer who made a huge profit in Bitcoin and is now investing in property. He has indicated that he will rent the property out in Bitcoin once construction is completed.
This move follows the example of The Collective, a London property developer that allows tenants to pay their rent and deposits in Bitcoin. Company representatives explained that the policy was established in response to demand from international customers.
.The second property to go for cryptocurrency is a four-bed townhouse in Hertfordshire with a market value of £595,000.
Go Homes group sales director Ed Casson said that the buyer, a man in his 20s, amassed Bitcoin by mining and online games transactions.