Guess What, You CAN Buy Property With Bitcoin!
A common question we in Bitcoin community are asked by the uninitiated is "Well, where can I spend it?" As many major retailers (Overstock.com, Subway, Expedia) have already been accepting Bitcoin as payment, what about other industries outside of retail? Well, one website allows owners to offer up their real estate for purchase with Bitcoin.
Bitcoin-realestate.com gives Bitcoin hodlers the opportunity to directly purchase various types of properties, all over the globe:
The site has properties available in various price categories, so whether you're a Bitcoin whale, or just a small fish with a little extra Bitcoin to diversify, there are possibilities for you. I was excited to see that there were 3 separate properties available in my home town of Cleveland, Ohio, but more interestingly are the amount of properties (both homes, condos and lots) available in tropical getaways like Belize, Eluthera and Costa Rica. One of the greatest assets of using Bitcoin for such a purchase is that it IS a global currency, with no need for complicated transactions via banks and agents. While each listing has varying amounts of property descriptions, many outline the process for payment, as well as options for managing and renting out your property; take this example from a condo listing from Playa del Carmen, Mexico:
If you're looking for something more lavish, check out this 9189 sq/ft Spanish-castle-magic in Marbella, Spain:
The major take-away from this should be, Bitcoin is opening up new opportunities for those who wish to diversify their holdings, and with the potential to safely allow future property owners the chance to make purchases safely, securely and painlessly is a great proof-of-concept for future adoption of Bitcoin use, where we may not have previously expected. Now, are there any homes listed for .3 Bitcoins?...