Selling appartment for bitcoins

[Alina-malina]

I am trying to sell my appartment for 200 bitcoins according to current rate, how real is it to sell with bitcoins?

[emmasav]

WHERE ? THE AREA ? COUNTRY?

[u9y42]

WHERE ? THE AREA ? COUNTRY?

I'm also curious about this.

[Alina-malina]

Due to the fact that not all people are familiar with the area that I am talking about, I will post the longitude and attitude of that gorgeous place in the world: 40.1833° N, 44.5167° E. Thank you! The appartment has 4 rooms, 110 sq.m. located on the 7th floor. For more information please p.m. me.

[SaltySpitoon]

So its in Armenia?

[Alina-malina]

Well yes:) It is:)

[fildza]

It sound awesome to buy an apartment using bitcoins 

[Alina-malina]

Exactly that is what i am talking about, I am glad you like the idea. Thank you!

[ni|]

Oh wow, beautiful place.
Hope it works out for you, good luck

[fildza]

Exactly that is what i am talking about, I am glad you like the idea. Thank you!

Good luck to you 

[WompRat]

I would love to know if this is real and what happens.  How would you feel if the price of Bitcoin falls by 50% the day after the sale.  What will you do if after agreeing a price with the buyer, the value of Bitcoin doubles, will you try to renegotiate?

[Alina-malina]

Thank you for kind words.
WompRat! Dear WompRat it is a risk that i am going to take on myself, so once i sell the appartment even if the price drops to default price I will not disturb the buyer with renegotiation or asking my appartment back, everything will be notarized, thank you for question.

[beetcoin]

how does the escrow work if you're making such a large purchase? i'm not familiar with all of this.. and it sounds like it could be a nightmare if you make a mistake.

[ni|]

the buyer would also need to be present there to sign the s&p right ? or are you just doing a name transfer , as i dont think bitcoins would be a valid currency for official purchasing

[WompRat]

Do you have a blog?

Sounds more like an art project than a sensible financial transaction though.

[gusti]

I understand foreigners cannot buy real estate in Armenia.
Is that right ?

[ni|]

I understand foreigners cannot buy real estate in Armenia.
Is that right ?

i think its possible with a 99 years lease for apartments , land on the hand its a different story.

[Alina-malina]

Dear beetcoin. Well the purchase can be done by 2 ways, Remotely, you are sending a notarized letter of attorney on the name of whom you trust so he can make the deal in notarized office in here OR you come here by person. Once you or your authorized person  are here, we go to notarized office and making a preselling order which describe the protocol of buying and selling deal, which describe the following: During 3 hours your side as buyer is taking a notarized responsibility transfer 200 bitcoins on my bitcoin wallet address which I am providing, and my side as seller taking responsibility to transfer the rights of ownership to buyer,  once the money is deposited on my account, again it is being confirmed by notarized office and you get full rights of the ownership of apartment, if you not deposit the money during 3 hours the agreement will be abrogated. Everything will be happening in the presence of a notary, so both sides will be protected by law, everything will be documented.

[Exdeus]

you could try posting this on reddit or out of the newbies section might get more views

good luck.

[Alina-malina]

You can buy apartment and become a full ownership. The 99 years relates ONLY to property here.
Dear Exdeus. Please show me the place on reddit where i can put this topic, you mean in /r/bitcoin?