Post
Topic
Board Goods
Re: Would you buy this house in BTC/ETH?
by
Palmholder
on 11/03/2018, 03:42:42 UTC
How legal is it to purchase in btc in spain? Would the government honor such a transaction? Also do you have to be a citizen to own property there?
  I also doubt in legality of such deal. State will be able to declare such transaction illigal and buyer will lose his coins and the house. It even may be trap for brand new bitcoin millionares appeared in large numbers recently
Maybe by having a face to face meeting first, and making sure the home documents are appropriate. Payment issues with BTC can be done in any country.
   Well maybe you are right, if Germany approved bitcoin as a mean of payment then Spain may follow it. But buyer have to be very careful anyway, consult with local lawer and discuss the deal all together with seller