Blockchain Island Homes For Sale: Buy a 17th Century Home in Malta with Bitcoin

Malta has emerged as a global leader in blockchain innovation, recently passing a series of pro-blockchain bills into law that have caused blockchain and cryptocurrency platforms around the world to consider "Blockchain Island" as a potential new base of operations.

A new crypto real estate platform offers crypto investors worldwide to gain a foothold on Blockchain island.

Cryptohomes.io is offering the first-ever cryptocurrency real estate sale on the island of Malta, presenting discerning cryptocurrency investors with the opportunity to purchase an 860 m² palazzo based in Valletta.

There are a number of platforms that allow real estate owners to list and sell properties in return for cryptocurrency, but Cryptohomes is currently the only platform based in Malta that lists properties on Blockchain Island.

The property, which is currently the only listing for sale via the Cryptohomes platform, boasts over four centuries of history.

"Crypto is here to stay and we want to showcase that cryptocurrencies are not only commodities for speculators but also a means to purchase solid assets. Purchasing real estate with crypto is like purchasing real estate with FIAT, the same due diligence and rules apply, we simply want to promote the use of crypto as a vehicle for solid investments and Malta is a great start with the incredibly strong real estate market that we have seen in the past few years. With the launch of Blockchain Island, we are certain that this trend will strengthen even further."

The Cryptohomes platform allows real estate owners to list their properties for free from anywhere in the EU. Launched as a joint venture between Kessler Stockhausen Consulting and Avorin Advisory, the Cryptohomes platform has partnered with European cryptocurrency brokerage Cubits in order to manage escrow for the sale of the property in Valletta.

The palazzo, which is currently the only property for sale via the Cryptohomes platform, boasts over four centuries of history.

In addition to Malta's fortresses and megalithic temples, the potential the property holds for buyers is the low cryptocurrency-related taxes the island offers and the benefits Malta offers to blockchain and cryptocurrency startups and companies.

Cryptohomes has partnered with KnowMeNow, a blockchain based KYC solution.