Looks like 4th floor, no elevator.
Correct.
It would require a lot of money to be put into it to make it look decent. For instance doors are in a bad shape.
No, it does not need renovation, you're under the wrong impression
Are you referring the door shown in these picture?
the door on the left of the picture.
https://imgur.com/R2L2Zt7in that picture the main apt. door was open and you can't see the door or the lock.
the door clearly shown here
https://imgur.com/GRwg64rIf that is the door you're referring to it does not belong to this house, there is only one main door to the apartment and is shown in this picture on the far right.
https://imgur.com/R2L2Zt7Sorry I didn't take a clear picture of the main door closed from the outside, you can kind see it from the inside, I didn't think about it because it's no issue at all to me, it's a heavy wooden door pretty standard safety, the same doors are found all over the building, and it's got a modern key, not the kind of old lock you can see in the door actually shown in the left of that picture
You have bars in windows, but your lock could be picked in seconds so the security is non existent and the bars only make people inside feel like they were in a cage.
That arrangement (internal courtyard with balconies and the houses main doors on the balcony) it's a traditional Milan layout, that creates the issue of the windows on the balcony, the solution in these houses all over Milan are window-bars, they're only installed on the doors facing the internal balcony and the inside courtyard, the bedroom window facing the outside street does not come with bars.
The view isn't great either.
You mean the views to the internal courtyard? or the view (I didn't took a picture of that) from the bedroom window?
please consider this is Milan, a house with a great view (parks, etc.) goes for hundreds of thousand of euros more, Milan is a pretty grey business oriented city.
I don't know what the end price will be but an apartment like that shouldn't cost more than 20 BTC.
I don't think you are being truly serious here, do you realize this is Milan and the house is pretty much in the CBD of the city?
At the time of your post 20btc at BTC/USD exchange were exchanged around 5,500.00 usd, that makes 20btc equal to 110,000.00eur, which translates to approx 2400euros per square meter.
At the time of my first post BTC/USD were at 3700usd, my first figure was 60btc which translate to approx 220.00eur, which makes it 4900euros per square meter, the price I paid for the house in the '90.
As I said I did find out the house has lost quite a bit of value since the '90s (things were going really well in Milan back then and we probably paid an above average price for the house), The house has been evaluated in the last couple of weeks by real estate agents and they valued it at approx 3400euros per square meter (lowest estimate was 3290, highest 3670).
The reason for that is location, ease of rent (considering the location and the size of the house renting it at 600euros is very easy, you can go up to 700euros and still find a tenant) and the fact that it's in a very nice building, those kind of building with the internal balcony are in high demand in Milan since the newer buildings do not follow the same lay-out (in modern architecture an internal courtyard that size compared to the building size is considered a waste of valuable construction space).
Given all of the above I think I want to review my asking price at
153,000.00 euros or 3400euros per square meter (that's what I asked the agents).
Considering I really do want to sell this property in btc and both I and the foreign buyer would have to go through some regulations loops (=headahces) to achieve the sale with btc and not fiat I might consider a btc discount of 3000euros, settling for 150.000euros in btc (at the time of the sale, no point in providing a btc amount now considering how volatile that value is).
If other buyers here are interested in properties on the 20-30btc (at current exchange rate of 6000usd) there's plenty of opportunities, foreign buyers might be more interested in vacation and holiday houses, maybe on some Italian coast line close to a beach, there are properties like that, plenty of them.
As I said in previous posts there's quite a lot of interest in Italy to sell properties in btc and I might be able to find some courageous seller like me that wants to go through with this, but don't think you are gonna get a huge discount like the one you talked about just because it's btc, on the same side I won't charge a premium to a foreign buyer just because he'e foreigner or because I know they probably paid their btc half of what they're selling them for.
My intention is not to ripp-off bitcoiners or to get ripped-off, my sole intention is to help bitcoins achieve the status I believe they should hold (transaction for international real estate sales are a perfect use case for btc).
