Carvoeiro Branco, one of Portugal’s leading property developers, has entered into a strategic partnership with Damisa, a fintech innovator specializing in cryptocurrency payments and escrow infrastructure. This partnership marks a groundbreaking step in the real estate market, unlocking close to €45 million worth of premium real estate by enabling global crypto-native buyers to purchase their project, The Court (www.thecourt.pt), by accepting regulated stablecoins as a means of payment.
This move positions Carvoeiro Branco as one of the first major European developers to directly integrate blockchain-based payment infrastructure, signaling a shift in how real estate transactions are conducted in Europe. Through Damisa’s orchestration layer, buyers around the world can now settle property transactions using their favorite regulated stablecoin (USDC, USDT, EURC etc), with funds held in secure, compliant escrow through highly secure stablecoin accounts until the transaction is finalised.
“We’ve been watching the digital asset space mature and were waiting for the right moment – and the right partner – to bring our portfolio to a broader, more agile buyer base,” said Erik de Vlieger, CEO of Carvoeiro Branco. “Damisa gives us a safe, compliant way to tap into global liquidity while offering our clients a faster, simpler experience, whether they choose to pay in USDT, USDC, EURC, or any other regulated stablecoin.”
Damisa’s infrastructure enables transaction settlement not just in stablecoins but also in over 90 local FIAT currencies, backed by a fully regulated payment and escrow framework, licensed in Europe and Australia. This removes traditional friction in cross-border property purchases, eliminating delays and reducing costs for international buyers as well as opening up the global market for the Carvoeiro Branco group.
“This partnership shows what happens when legacy industries embrace the future of payments,” said Jordan Lawrence, CEO of Damisa. “Carvoeiro Branco builds world-class developments. Damisa brings the rails to sell them globally, instantly, and securely. Together, we’re reshaping how real estate moves.”
The partnership will initially focus on The Court, a 104-apartment development in Carvoeiro, Algarve, targeting close to €45 million in blockchain-enabled sales over the next 12 months, with scope to expand based on demand.
