Property in Spain with Crypto Payments

Buying Property in Spain with Cryptocurrency

In recent years, Spain has become a popular destination for international investors, particularly those looking to invest in real estate with cryptocurrency. The growing trend of crypto-friendly properties in Spain allows buyers to make seamless transactions using digital currencies like Bitcoin. As the world increasingly embraces blockchain technology, more real estate developers and sellers are opening their doors to bitcoin real estate transactions in Spain. This shift enables investors to bypass traditional banking systems and take advantage of the fast and secure nature of crypto payments. The integration of Bitcoin into the real estate market in Spain is also part of a broader trend of bitcoin real estate in Spain becoming more established.

Spain Homes ® offers ease of purchase to property buyers and investors if you are considering buying a property in Spain with Bitcoin or other trustable cryptocurrencies.

All the properties listed on our webpage are suitable for crypto payment with the guidance of our professional and experienced team.

Your property search starts with what matters to you: the home or investment you want and how you would like to pay for it.

Which Cryptocurrencies Can You Use to Buy Property in Spain?

In Spain, we accept Bitcoin (BTC), Ethereum (ETH) and USD Coin (USDC) for property purchases.

How Can I Buy a Property in Spain with Bitcoin?

From your first inquiry to signing the title deed at the notary, our agent, legal team and legal partners guide the purchase together. Follow the steps below to see what you prepare, when your payment takes place and how each part leads to the next.

1. Choose Your Property and Tell Your Sales Advisor

When you send an inquiry to us, our Agent will contact you and get your wishlist and payment terms. We will offer you the best properties matching your wish list. Meanwhile, we will conduct a KYC (Know Your Customer) process to make sure the provided information is real and correct. Then we will make an online or physical viewing tour for selected properties. If you choose a property to buy with Cryptocurrency and would like to continue, we will start the property purchase process in Spain.

Tell your sales advisor before the sale agreement that you will pay in crypto, and share your preferred cryptocurrency alongside your property wishes and payment terms.

2. Complete KYC and Sign the Payment Agreement

Fill in the KYC (Know Your Customer) form and sign the payment agreement under which your payment reaches the seller’s bank account. Before transferring your crypto, read the agreement so you understand which payment account to use and the agreed euro amount.

We will have a meeting (online or physical) with our legal team to check the AML process (Anti Money Laundering). We will need your proof of income and other official documents needed for the property purchase. If everything is fine, you will have to give a Power of Attorney to our legal partner to proceed on your behalf. This means you do not have to travel to Spain for every step.

3. Transfer Crypto to the Agreed Payment Account

Transfer your cryptocurrency to the payment account named in the payment agreement. Refer to the account instructions in your agreement when making the transfer.

4. Convert the Crypto at Its Real Market Value

The cryptocurrency is converted into euros at its real market value. This conversion is the OTC side of your purchase.

As Spain Homes ® we will be proceeding in this process with our experienced legal consultants who successfully completed several property purchases with Bitcoin. We are managing the OTC process and our legal partners manage the due diligence, escrow account, and notary process for the successful completion of the process.

5. Pay the Seller in Euros

The agreed amount reaches the seller’s bank account in euros under the payment agreement.

6. Sign the Title Deed at the Notary

After the agreed amount reaches the seller’s bank account, the title deed is signed at the notary.

Documents You Need for a Crypto Property Purchase

Having your documents ready gives you a practical starting point for the KYC and AML process. The documents a buyer usually provides are:

• Passport
• Proof of income
• Tax return
• Bank statement
• Proof of address

Have these documents ready for your meeting with the legal team, whether you attend online or in person.

The Legal Side: KYC, AML, Due Diligence and the Notary

Every crypto purchase in Spain is carried out under the supervision of experienced, specialist lawyers working with Spain Homes ®.

KYC means Know Your Customer, while AML means Anti Money Laundering. The KYC form and AML meeting give you a clear place to begin preparing the information needed for your purchase.

Plan for taxes and purchase costs alongside the property payment. These costs can be paid in euros or with crypto.

Why Buy Property with Crypto Through Spain Homes ®?

Spain Homes, which made its first real estate sale in Spain using cryptocurrency in 2022, now enables crypto payments for online transactions. Thanks to our system integration, you can securely send your payment directly to our wallet in cryptocurrency.

With Spain Homes ® buying real estate with Bitcoin in Spain is an easy process.

Whether you are searching for a home, land or a commercial property, start with your wish list. Your agent will use it to suggest properties and arrange an online or physical viewing tour.

Frequently Asked Questions About Buying a Property with Bitcoin

DO YOU WANT TO BUY A PROPERTY WITH BITCOIN? Contact Spain Homes ® now! Tell us about your ideal property and preferred cryptocurrency, and let our experienced team guide you from your first inquiry to your title deed in Spain.