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Spain is the most accessible country for buying real estate with cryptocurrency - a record number of properties available.

Spain is the most accessible country for buying real estate with cryptocurrency - a record number of properties available.

Spain is the most accessible country for buying real estate with cryptocurrency - a record number of properties available.

The research conducted by Forex Suggest showed that Spain has become the country offering the largest number of real estate properties available for purchase using cryptocurrency. In total, Spain offers289 properties, making it a leader in this area. Thailand and Portugal follow Spain, offering227 and130 properties respectively for purchase using cryptocurrency.

The bulk of the offerings in these countries are in tourist areas such as Marbella in Spain and Phuket Islands in Thailand.

According to the study, the US and UK have 80 and 66 properties available for purchase using cryptocurrency, respectively, making them the seventh and eighth countries in this ranking. Despite being the first country to accept bitcoin as legal tender, El Salvador ranks only tenth with 39 properties. Indonesia and Italy are at the bottom of the list with six offerings each.

Interestingly, Spain, despite leading in the number of offers, ranks sixth in terms of average price.

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According to the study, the average real estate in Spain costs 75.33 BTC, while in Thailand, which ranks second in the number of offers, this figure is 95.87 BTC.

The most expensive crypto real estate is located in Canada, the United States and the United Arab Emirates (UAE). The average price per offer is 248.30 BTC in Canada, 112.07 BTC in the US and 95.87 BTC in the UAE.

Portugal, on the other hand, offers the most affordable crypto real estate despite being the third most offered country. The average price per offer is 34.50 BTC, making Portugal the sixth country in this ranking.

The most affordable crypto real estate prices are seen in the Philippines, Mexico and the Netherlands, where the average price is 15.46 BTC, 23.54 BTC and 26.61 BTC respectively.

Research shows that using cryptocurrency to buy real estate is becoming an increasingly common practice around the world. However, before deciding on such a purchase, it is important to carefully consider all the risks and conduct your own analysis.

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