Can I purchase real estate in Spain using cryptocurrency?

Yes, you can buy real estate in Spain using cryptocurrency, but there are some important things to keep in mind. Here's a quick breakdown:

✅ It’s Legally Possible
Spain doesn't prohibit using crypto like Bitcoin or Ethereum to buy property. The key requirement is that:

The transaction must ultimately be converted to euros before being registered with the Land Registry (Registro de la Propiedad).
The notary public will require the official amount in euros on the deed (escritura).

🏦 How It Usually Works
1. Agreement with the seller – The seller must be willing to accept crypto. If not, you’ll need to convert it first.
2. Conversion to euros – In most cases, the crypto is converted to euros through an exchange, either:
2.1. By the buyer (you)
2.2. Or via a crypto-friendly real estate agency or payment gateway
3. Payment path must be traceable – Anti-money laundering (AML) laws require:
3.1. Documentation of the crypto’s origin (wallet, exchange, etc.)
3.2. KYC/AML compliance for large transfers

🔍 Some Additional Points:
a. Crypto must be declared (Spain is strict with tax transparency).
b. Use a specialized real estate lawyer familiar with crypto transactions in Spain.
c. Notaries often request proof of crypto-to-euro conversion for legal registration.

Some agencies and developers are now crypto-friendly and accept direct crypto payment via third-party processors.

🏘 Crypto-Friendly Real Estate Use Case
Companies like Propy, BitPay, and even some Spanish real estate agencies (especially in places like Marbella, Ibiza, and Barcelona) have started offering services to facilitate crypto real estate transactions.

At SQUiSiT Real Estate, we offer you attractive properties for your holidays in Spain through the purchase of a fractional use share. Not only can you enjoy a luxurious home for the price of a fraction, but we also offer the option to pay with Crypto.