03-09-2020 icon

For Sale: Luxury Beach House in Brazil for $2.9 Million in Bitcoin

By Sagetwriter

The Beach house Pipa in Barra de Cunhau, Brazil is up for sale for $2.93 million approximately 335 bitcoin (BTC) at this time.

According to the property listing, the compound is situated just a 10-miniute drive away from Pipa, one of the most popular tourist destinations in Rio Grande de Norte Brazil, and known for its serene and private environment.

The total area of the mansion is 33,000 square-feet (3,060 square meters); consisting six (6) bedrooms, 8 bathrooms, a volleyball field, sauna, two swimming pools, a master suite with a Jacuzzi, and a large terrace facing towards the ocean.

There is also extra entertainment for its buyers who love marine life as they can also watch dolphins swim in front of the beach house; while sports lovers can enjoy horse riding, kite-surfing, boat tours, diving, canoeing and other activities.

Take a look at the property here: Bitcoin Real Estate.

Real Estate and Bitcoin Payments

Across the world, real estate companies and vendors have become more open to accepting Bitcoin payments for their properties.

In UK for example, a former 148-year old church was put up for sale last year with the seller accepting $1.5 (about 187 BTC) at the time. Similarly, a New York Billionaire sold his $15.3 million property for Bitcoin (BTC) in December 2019.

For other use cases, Malta through its Prime Minister – Joseph Muscat, announced the launch of its blockchain property registry in June last year, as both cryptocurrency and blockchain adoption in the industry soar.