Historic mansion in the centre of Rome is on sale for cryptocurrencies

Historic mansion in the centre of Rome is on sale for cryptocurrencies

Company Hilton & Hyland put up for sale the historic mansion, located in the centre of Rome, with an area of 17000 square feet for approximately $ 42 million.

According to TMZ, the house will be sold for the cryptocurrency and this creates a new precedent.

The mansion was built in the 16th century called the Palazzetto was created by the legendary architect and sculptor Giacomo Della Porta, who is also known for having participated in collaborations with Michelangelo. The mansion has 5 floors, 11 bedrooms, 15 bathrooms, and three kitchens.

In Palazzetto also has a modern gym, a Spa, a cinema and entertainment room.

House going to sell for cryptocurrency, however, the bidders can submit their bids in Fiat money.

Emerging market

Palazzetto is not the first property that sold for the cryptocurrency.

In new York, near fifth Avenue for sale a six-story mansion, which can also be purchased with cryptocurrencies: Bitcoin, Ripple or Ethereum. This mansion is estimated at $ 40 million.

In February of this year in Washington, Coloma River Capital and Alex Venditti Group of Coldwell Banker Residential Brokerage began to accept bitcoins for 4 new luxury property in St. James Place Condos.

The largest developer of Ireland also started to accept bitcoins for new properties this year, and managing Director, commented as follows:

Bitcoin is an innovative new method of payment and, in fact, a new kind of money. It is very similar to cash transactions. This year the popularity of bitcoin around the world has increased significantly, and our decision to accept payment in bitcoin reflects our readiness to respond to changes in the market.

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