Condos in Dubai for sale in Bitcoins

[swogerino]

We need more people with guts like the ones who have opened this venture. They want to make a lot more money than the actual price of the condos they are selling, I think these guys believe that bitcoin will skyrocket. They share the same belief as me. 30 bitcoins which is the minimum price to buy one there maybe it is a lot in FIAT money now but for people who have been holding bitcoins from a long time, this is a one time opportunity to have their own apartment in one of the world most richest place, Dubai.

[AtheistAKASaneBrain]

But, they do not really sell it for bitcoin, because Bitpay will convert bitcoin into fiat currency and give it to Asto plaza devs.
Through a partnership with Knox Group (http://knoxgroupplc.com/) and the bitcoin payment processor Bitpay (https://en.wikipedia.org/wiki/BitPay), a selection of 1,133 studio, one- and two-bedroom apartments, ready for completion by September 2019 will be sold for bitcoin.
Not in 2017, but have to wait for another 2 years which bitcoin price may reach new ATH. Yes, there is probability bitcoin will go down, but the chance to rise up is bigger obviously.

Currently, studio properties will have a starting price of 33 BTC, and the real estate agency says early investors will get additional benefits. Additionally, packages of interior design services and furniture can also be purchased using bitcoin.
BTC33 today worth over $151,000. How if bitcoin rise to $15,000 in 2019? It's not worth to purchase it right now.

This really puts things into perspective. The fact that you can buy a pretty comfy studio in dubai for 27 BTC when not a long time ago you could buy a couple of pizzas for 10,000 BTC it's crazy. And we are still in the early stages. Im sure in 5 to 10 years, 1 BTC will give you one of these studios, maybe even something better.

Im not looking forward selling any BTC anytime soon, including for real state. I would love some real state, but like I said, why do it now when you can buy 1 property for 1 BTC in 2025 or so? just hold.

[Jaycee99]

Wow besides in Dubia which countrys do recieve bitcoin as a payment? why do they considered bitcoin can be payable as money?

[Jating]

Wow besides in Dubia which countrys do recieve bitcoin as a payment? why do they considered bitcoin can be payable as money?

I think its more of the realtor being bullish about bitcoin. They consider that by accepting bitcoin as payment, maybe down the line when bitcoin price goes high again, they will somewhat get another profit as 'investment'. I haven't read any country outside of Dubai though, but the good thing about it is that Dubai may set this as a precedence and maybe other big realtors in other country will follow what they have started. But this is a welcoming news for bitcoin. Another good exposure for us.

[usorin]

A developer is selling Condos in Dubai, the cheapest one is for 27 BTC is a Studio. here is the link to the site:

https://astonplazacrypto.com/

Well how cool is that, this is what i call modern times. I wonder what are the legal steps, i mean is it public bitcoin in Dubai? Yes, very interesting, i already thinking of a bitcoin island and i'm sure that if someone can do the those guys are the ones. Small joke> if the island is Bitcoin, then the houses will be Satoshi?