The report of the Forex Suggest company shows that Spain became last year the country with the largest number of real estate for purchase with the help of cryptocurrencies. In total, we are talking about 289 housing objects. Just behind Spain is Thailand with 227 objects for sale.
Portugal ranks third, followed by the United Arab Emirates, Montenegro, Mexico, the United States, Great Britain, Turkey and El Salvador. This is what the top ten leaders for 2022 look like. Blockchain has created a new way of doing business and even a fairly conservative real estate market could not resist the onslaught of cryptocurrencies.
The report also reports that Canada is the country with the highest real estate value in terms of cryptocurrency. The average price is at 248.30 BTC, which is approximately $5,715,100. Most of these facilities are located in Toronto, the largest city in the country, as well as its surroundings.
Toronto is Canada's "melting pot." It is famous for the contrasts of cultures, neighborhoods and architecture. Skyscrapers here are combined with historical districts and world-class museums. All this is surrounded by abundant greenery, and on the opposite shore of Lake Ontario from the city is Niagara Falls — a favorite place of tourists and travelers.
The next country for the price of real estate in cryptocurrency is the United States. We are talking about 112.07 BTC, approximately $3,152,000. In third place are the United Arab Emirates with a price of 95.87 BTC or $2,696,400. The report conducted by Forex Suggest also lists the cheapest markets for crypto purchases. The Philippines ranks first in this ranking. Real estate in this country will cost about 15.46 BTC or $434,800.