The real estate division an auction house with a presence in Romania announces that it is launching on the market its first property that can be purchased with Bitcoin. The apartment is located in a building built in 2004 and has a usable area of 206 sqm and a terrace of almost 100 sqm.
The property is a penthouse located within the Washington Residence in Bucharest, in the Dorobanti area. “The owner of the penthouse, in love with art, has invested in both state-of-the-art finishes and technology, but also in the design of the property, in a pop-art style,” representatives of Sotheby’s International Realty said. The listing price is 1.75 million euros.
The agency’s representatives claim that they turned to technology for the “shopping experience”, and now it is the time for trading tools to move into a new era.
Sotheby’s International Realty states that since 2017 it has brokered transactions on the US market that allowed payment with Bitcoin. In early 2021, Sotheby’s Auction House also announced that it accepts payment via Bitcoin and Ether for physical works of art as well as rare diamonds.
Sotheby’s International Realty entered the Romanian market in July 2020 through the association with Artmark Historical Estate, a company founded in 2014 and which belonged to the Artmark group. Romania Sotheby’s International Realty specializes in trading historic and luxury properties. Sotheby’s International Realty was founded in 1976 as a real estate division for customers of Sotheby’s.
Translated from Romanian by Service For Life S.R.L.