LOS ANGELES, March 14, 2025 – Prometheus, a leading Portuguese luxury real estate developer known for its innovative approach to home design, has unveiled a new home ownership program specifically tailored for cryptocurrency investors in Madeira. This initiative allows crypto investors to purchase luxury smart homes at a future valuation, potentially offering significant savings.
The program allows buyers to acquire luxury villas at a future valuation set at up to double the current market cryptocurrency value of any of their top fifty capitalised tokens, securing a discount of up to 50% on the current home purchase price, depending on the token used for payment. For instance, using Ethereum, which is currently trading at $3300 per token, investors could purchase a Prometheus villa at a valuation of $6600 per token. This eliminates the need to wait for the peak of a bull run and allows buyers to enjoy their property immediately, either by living in it or generating rental income. The home ownership transfers to the buyer when the token reaches its price target. During this time, the property can generate income of up to 2,000 EUR per night.
Prometheus is also offering a BUY NOW AND PAY LATER program. Buyers can leverage the home purchase and pay at the end of the bull run or over two years at 0% interest, while simultaneously earning short-term rental income. Over two years, this can reduce purchase costs by up to 30% as the property generates income.
One of the featured properties in the program is the Saudade Residence, a Zen retreat located amongst rustic Madeiran cane farmsteads. Other flagship ultra-luxury homes include Aurora, Interstellar, Monolith, Labyrinth, Serengeti, and Sequoia. These properties, commonly featuring 3 or 4 bedrooms and often 5 bathrooms, range from 300-400 sqm of usable space and are equipped with permaculture gardens with around 120 species of vegetables, herbs, and fruits. The properties are designed to be over 90% sustainable through energy regeneration and feature advanced smart home technology. The homes are complete with luxury amenities such as Roman spas, dry saunas, pet pools, gyms, libraries, games rooms, and outdoor cinemas. They are fully furnished and equipped, offering a wide range of features, including wine from every region of Portugal, privacy glass, and advanced environmental sensors.
This program underscores Prometheus’ commitment to the intersection of blockchain technology, cryptocurrency, and luxury living. “We’re thrilled to offer this unparalleled opportunity accessible only to the crypto community,” said Priyesh Patel, CEO of Prometheus. “This exclusive program reflects our commitment to innovation and the Bitcoin-led cryptocurrency decentralisation movement in the luxury real estate sector, creating an entirely new way to invest in and experience modern living.” Madeira’s president, Miguel Albuquerque, has laid the groundwork for the region to become a hub for blockchain and digital nomads. When combined with Portugal’s 10 year Tax Free NHR program, European residency access and the Freeport low tax international company jurisdiction, Madeira offers a financially appealing location for international investors.
Prometheus already has high profile homeowners in its family who are some of the leading execs in blockchain brands. This initiative reinforces Prometheus’ position in the luxury real estate market, facilitating the integration of blockchain technologies into real-world real estate assets.
