What can 1 Bitcoin buy in your country?

[LoyceV]

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Background:

Even in my country, I can buy a very beautiful house with 1 BTC.

This sounds like a great idea for a new topic

What can 1 Bitcoin buy in your country?
It might be fun to post the differences of purchasing power of 1 BTC per country. I'd love to see the beautiful houses 1 Bitcoin can buy, but unfortunately all it can get me is a small garage:


What to post
I'd like to see "objects" that vary a lot in price per country (houses are great, but not for instance a gold bar that has more or less the same price everywhere).

Would it be possible for people to at least post the country that they are in. This would make this so much more interesting.

Current Bitcoin value (preev.com)
1 Bitcoin = 60,810 USD = 52,200 EUR = 44,250 GBP = 75,220 CAD = 81,990 AUD.

I'm not sure yet if I'll keep this topic open long-term, Bitcoin's volatility might mess things up
On second thought: this topic may be fun to read back years later.

Self-moderated
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If your signature advertises a scam, I'll delete your post.

[1714132164]

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[Charles-Tim]

1 BTC = ₦34000000


₦21500000



₦20000000


₦35000000


Source

Buying a house with just 1 BTC depends on the location in my country. In fact, very developed areas in my country are expensive, 1 BTC is not even capable of buying a plot (100 x 50ft) of land in some areas in my country, so it greatly depends on the location as the purchasing power also differs from state to state and from state capitals to remote areas. But the fact still remain that 1 BTC has grown from a very small value to an unimaginable high value.

[sheenshane]

1 Bitcoin in my country is worth 3,077,000 Philippine money with a current price(http://preev.com/btc/php) and that's huge money here and they can even call you a millionaire.

IF I have 1 Bitcoin, I can even buy a two-story house near my place which is a silent city and surrounded by beautiful nature.

Source:

And the rest could be a car... sounds good and that's how I wish before but until now it didn't happen.  How I wish there's 1 Bitcoin that will mistakenly send to my wallet with an unknown address. Lol.

[Vaskiy]

This is the picture of a house that is posted for sale in my locality. Based on today's market price of bitcoin it is possible to buy this house and an electric car. At present petrol engines are found cheaper compared to the price of electric vehicles.

[lovesmayfamilis]

It is difficult to call this building a palace. But for lovers of ecology, a house in nature, but next to the capital of Russia, might like it. The presence of a Russian bath and a Russian stove is also present. And all this happiness fits into the cost of ≈one bitcoin.  


https://www.cian.ru/sale/suburban/261929327/

[bilal_jan321]

Well BTC is not legal in my country, so I can't buy or sell it directly in my country. But with current value of BTC aka 60k$, I can buy this dream car in my country of residence.

[newIndia]

1 BTC is now over 4500000 INR. This can easily buy a 2 BHK apartment in a Tier II city in India. A sample picture is given below.

[Pmalek]

You can get a very decent weekend cottage for the price of 1 Bitcoin close to the Croatian-Bosnian border.
You will still be left with a few grands to spend on booze and two or three escorts (depending on your mood).



Source

[aoluain]

Interesting to see what 1BTC can buy ATM around the world...

Here in Ireland it could get me:

A car: MERCEDES-BENZ C63 AMG EESTATE 510 BHP



A house: [Project] on 0.62acres with outbuildings in the countryside

[pooya87]

That is such a broad question. The cost depends on what and where.
For example I live in a semi-developed country where the cost of living is ridiculously low. You can basically live on about 0.0012 to 0.0024BTC per month! But for example rent differs a little city by city although the rest (groceries, utilities, etc.) cost the same.

It's the same about house/land. The cost varies based on location. Some places it is very high like the capital where 1BTC would buy a small apartment but in some other less populated areas you could buy a big house with that much such as the 1000 square meters one below:

[noorman0]

Back again to taste, sometimes people have a consumptive nature and don't really think about the return of what they spend. If I have 1 bitcoin and choose to spend it, then I'd rather divert some of that into a business, where I can generate regular and long term returns. For example, buying a mini market, hotel, restaurant, or whatever.
Some of the restaurants in my country that are ready to be taken over are quite affordable (less than 1BTC):


Estimated price: 0,58BTC to take over the contract (1BTC:$62,300)


Estimated price: 0,44BTC for 50% shares(1BTC:$62,300)

[DapanasFruit]

I am currently based in a developing country and here there are so many things that even 1 BTC can buy. Here I am attaching a picture of a house...which can be constructed with the proceeds of 1 BTC at the current price here. As a developing country, materials are still relatively cheap though they rose partly because of the pandemic where supplies got shrunk and of course the labor cost here is not yet astronomical. So in you still have 1 BTC you can come here in my country and build a house plus some needed appliances and gadgets inside.

[leea-1334]

This is not my country,,, but I can be considered a resident here and to make a note, this is the most expensive country in Asia, minus Japan and South Korea.

This is also not a post for what 1 BTC can buy (nothing useful) but to give an idea what it really can help you even in the most expensive country in Asia.

For 1 BTC it is enough for a 5% downpayment on this property, for which you also get a matching government grant. For 90% of people,,, they cannot afford this but if you manage to put downpayment and grant that means you only have 90% to pay for 30 years.

In 30 years it is likely your property doubles as land in Singapore is as everyone knows limited, and you for sure sell higher than you bought, all the time.

But if you are smart,,, you buy a bit outside the city LANDED property for half the price.

Meaning for 1 BTC you can get 20% of the house paid and pay off the land (extremely rare commodity) in tiny Singapore.

[bakasabo]

1 Bitcoin is worth around 53,900 EUR on October 18.

It will be quite difficult to turn 1 BTC into euro with a single operation. 100% it will be monitored by government and 20% income tax must be paid. Or you will lose around 10% after using "shady cash out" service. (it is impossible to pay directly with crypto)

The best logical usage would be buying property. For 43-45k EUR it will be possible to get decent looking 1 room flat (about 40m2 in house like Khrushchyovka) with ikea like furniture, electrical appliances and etc. It will be a corner flat (these one are always cold or it will be often damp at home) or on the first floor.



Or if you use a shady option, you might be lucky to get same type of flat, but with 2 rooms/higher floor/better furniture and electrical appliances.

You might be lucky to get a 1 room flat in a new house like this.



But it will be worse offer on the market. It will be a almost like a box on first floor with <30m2. No furniture, no electrical appliances, first floor.

P.S. 1 room flat it does not mean "1 room + bedroom" (which is typical for US). It will be just 1 room and a kitchen.

[UserU]

With tax imposed on foreign cars in my country (Malaysia), that would only be sufficient to afford a single-motor Tesla Cybertruck, and that's only 40 grand.

This is not my country,,, but I can be considered a resident here and to make a note, this is the most expensive country in Asia, minus Japan and South Korea.

Isn't Hong Kong the most expensive country in Asia? Ive been to Singapore many times and yes, things might be more expensive especially housing but government housing is pretty affordable (i.e. you don't pay several million for a toilet)

[Palllke]

1 Bitcoin is worth around 53,900 EUR on October 18.

In my country is 1 895 952 UAH.

You can buy apartment in the capital of the country near the metro station like this one



Or you can buy franchise and start your own business. For example cafe costs $51 000 and income is about $5 000 a month.



P.S. All photos are taken from the Internet.

[Jawadu]

Haha! 1 BTC is a lot of money in my country, I can buy a very beautiful house for just $30,000 or I can build my own for only $25,000 !!! With $30,000 I will get a house with 4 rooms (2 master rooms), 2 public bathrooms, 1 sitting room, 1 kitchen, large parking space, and it will be located in the city! For the remaining amount, I will purchase a Toyota RAV4 for only $6000 and then opening a mini-market (I will accept Bitcoin and Altcoins as payments too, that's my dream) which will cost $15,000 only, and the remaining amount will be an emergency fund.

[dkbit98]

Inflation is going up everywhere so it's not easy to say exact prices and I expect to see much higher Bitcoin price in future, but at the moment here you can buy a really nice brand new car (example here Audi A4) with full equipment for 1 BTC.
Or you could also buy a land with some older house in nature and outside big cities.

 or  

[GbitG]

In my country it's very big amount and can change life in much luxury.

This is nearly 10 million Rs and I can have these with this all money without any problem.

                                                             

                                                             

[SpaceSuite]

With 1 BTC, you can buy huge land & residential property in Dhaka, the capital of Bangladesh.

1 BTC is now more than 5.3 million BDT, i.e. Bangladeshi Taka.

Both of the following properties can be bought with that kind of money.


1. 5 katha, Ready Residential Plot for Sale at Hemayetpur - 3.5 million BDT




2. 3 katha,Residential Plot for Sale at Purbachal - 1.95 million BDT