Looking at Africa with a microscopic focus on Nigerians abroad and those living in the country, majority of whom have had a share of been scammed while trying to purchase properties in the Real estate industry. Incidence such as this is due to so many reasons principal among which is the absence of immutable title registers.
One veritable solution to this reoccurring menace is Auction purchase from credible auctioneers. Auctions continue to be a pellucid asset disposition strategy for banks, corporate bodies and individuals all over the world. However, the auction market is a relatively new terrain in Nigeria.
The good news is that Propy is here to the rescue. Propy is blazing the trail as the first to achieve so many remarkable feats in the real estate industry. Most recent is it’s partnership with Paris Hilton’s father’s company (Hilton & Hyland) for the auction of a 16th century
Roman masterpiece estate in Italy (CNBC, 2018).
The gigantic edifice has 11 bedrooms, 15 bathrooms, 3 kitchens, along with a movie theatre, a spa, a gym and strategically located in the heart of Rome.
“The auction shows real estate’s growing trust in blockchain and provides crypto investors an opportunity to diversify and solidify their portfolio with a trophy asset,” said Hilton.
Propy prides itself as the first international real estate market that allows clients to purchase property online and uses blockchain technology to eliminate many of the hurdles encountered in cross-border transactions.
How To Participate in the Palazzetto Auction.
The auction will take place on June 28 (8 PM WAT) in Los Angeles and with Live online auctioning option available. Registration opens until June 27. People are allowed to bid in US dollars or Cryptocurrency such as Bitcoin, Etherum & Ripple after creating an account on Propy.
To register for the auction please go to: https://auction.propy.com
For more information about the magnificence of The Palazzetto please