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Washington, D.C. Gets Its First Bitcoin Luxury Condo Listings

The condos were converted from a single-family home, featuring soapstone counters, recessed lighting, stainless steel appliances and white oak hardwood floors. One-bedroom condos on the first and second floor go for $569,000 or 50 BTC and $665,000 or 59 BTC. A two-bedroom condo on the third floor is available for $677,000 or 60 BTC, while a two-bedroom penthouse, offering a private roof terrace, is listed at $949,000 or 84 BTC. The bitcoin prices would have to be adjusted to reflect the negotiated prices. Residential brokerage Venditti said developers are investing in bitcoin since they recognize that $8,700 worth of bitcoin in 2015 would have appreciated to the extent that it could now purchase the entire building for $3 million. He said millennials might not have the downpayment for the purchase, but if they invested in bitcoin, they could use it as part of the purchase.

Reference: https://www.ccn.com/washington-d-c-gets-its-first-bitcoin-condo-listings/