Crypto investors rushed to buy apartments in Europe

The unstable international environment has prompted crypto investors from around the world to channel their savings into more traditional assets, including real estate. At the moment, houses and apartments in Spain are very popular, said the head of the company Inviertis Rebeca Perez.

According to her, a specific reason for the beginning of the transition from the stock and cryptocurrency markets in real estate can be called an escalation of the conflict in Eastern Europe. The demand for housing in Spain has never been greater, and some people prefer to buy for digital currency without wasting time on exchange transactions, Perez said.

Nevertheless, she said, cryptocurrency investors face some limitations. Now is the right time to get rid of a number of barriers. First of all, we are talking about tax calculations and difficulties with setting prices in cryptocurrency due to their volatility.

According to experts in the cryptocurrency industry, at the moment there is a growth of the market and a gradual increase in the spread of digital assets around the world. Moreover, the investment agency Morningstar stated the unprecedented amount of profits, which are available to crypto-investors today. In this respect, no other sphere can compete with cryptocurrencies.
Interview

20-04-2022

Brooke Greene

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