A realtor in the Philippines just listed 3 properties whose owner is open to accepting payment in cash as well as in crypto (i.e. bitcoin and litecoin). Dr. Joel Advincula, a licensed realtor and broker, has recently posted three properties owned by Jonha Richman on his Facebook timeline stating that the owner is accepting cash offers as well as payments in crypto.
The properties are situated in attractive locations within the Philippine city of Ilolio. One of the properties is a 4-bedroom villa, another a 3-bedroom house, and the last one is a 2-bedroom condo. These are all prime properties, which is why the listings have attracted media attention.
When asked why he decided to accept “internet money” for “tangible properties,” Richman said:
We are big proponents of cryptocurrencies and think we should start expanding the conversation towards seeing it as a viable payment option for purchases.
We’ve also planned on allocating the proceeds of the said sale of these particular investment assets of ours to cryptocurrencies anyway, so it makes sense to make it available to those who prefer to pay with cryptocurrencies.
Jonha Richman is a business advisor serving high-growth companies globally, including the Litecoin Foundation.