3 luxury apartments sold for 420 BTC off the coast of Montenegro

posted 4 months ago
3 luxury apartments and a business-residential complex recently sold for 420 Bitcoin ($3M) located off the coast of Montenegro.

This seems to be the biggest real estate purchase in Europe that's been paid with cryptocurrency.

At the end of last year, the Montenegro Investment company, AMIA, promoted accepting digital currency as a valid means of payment, which can buy their real estate, and also pay for services at Dukley hotel, Dukley Beach Lounge restaurant and Dukley marina.

"We got a brand new clientele, people who did not intend to buy real estate... We also enabled the whole sale process to be done in a quick and efficient way, which is another advantage" explained AMIA.
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