In addition, the individual investor represents around 80% of the total real estate investments in the market, with profiles that correspond to owners who need to sell a small or rented flat and medium-sized investors who take refuge in real estate investment.
On the other hand, some investors are beginning to turn to cryptocurrencies in real estate investment, with this trend accentuating in the last two months. As the founder told us, “you turn a risky investment into a conservative one and, if you were lucky enough to enter the crypto world in 2012, for example, you can buy a house for 200 euros back then.”
However, it has also reminded us of the administrative drawbacks that exist, such as how to set the price in bitcoin, the transaction and the regularization before the Treasury.
Vincenç Hernández Reche, Inviertis advisor and executive director of the mortgage management and formalization company Tecnotramit, has also recognized that the use of cryptocurrencies in the real estate sector “is still at a very early stage.”
In addition, he has assured us that “it is one thing to use them as a speculative investment and another very different thing is to do it as a currency for exchanging real estate. Surely, as its use and adaptation by intermediaries, financial entities, notaries and property registrars, among others, increases, we will be able to see a more widespread use of cryptocurrencies.