Miami luxury condo developer accepts cryptocurrency deposits

The E11EVEN Hotel and Residences condominium complex in Miami now accepts cryptocurrency deposits for real estate. reports Fox Business.

According to co-founder Mark Roberts, the company had already received the first cryptocurrency deposit for an apartment prior to announcing the initiative.

Within a month, the buyer will pay the second instalment. Roberts predicts it will be up to 15% of the sale price.

E11EVEN offers high-rise homes in Park West. According to the Miami Residential agency, prices start at $377,400. In the 65-story condominium there are 375 units and a penthouse, which is expected to bring in up to $10 million.

“We have received a huge response and consider support for cryptocurrency one of the firm’s greatest decisions,” said Mark Roberts.

Earlier, French DJ David Guetta put Miami Beach apartments up for sale for $14 million. The property can be paid in Bitcoin or Ethereum.

Earlier in May, boutique condo Arte Surfside opened sales of Miami apartments for digital assets. the first four-bedroom penthouse was sold for $22.5 million in cryptocurrency.

Follow ForkLog on VK.