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Ambitious property owner to sell his house in exchange for volatile Bitcoin cryptocurrency

  • A property owner is taking an unconventional approach to selling his home by accepting offers in Bitcoin
  • The 850sq m property in Brisbane has city views and has been marketed as offering $1250 in rental income
  • Real estate agent Joanna Gianniotis said it was the first time she has sold a property for cryptocurrency 

A property owner is taking an unconventional approach to selling his home – accepting offers made in cryptocurrency.

Damien’s property in Brisbane covers 850m, and contains two apartments and a house all on the same plot of land.

The property is set to be sold at auction, but real estate agent Joanna Gianniotis has been told to consider offers made in Bitcoin for the property.

 

A property owner is taking an unconventional approach to selling his home – accepting offers made in cryptocurrency

Damien's property in Brisbane covers 850m, and contains two apartments and a house all on the same plot of land

Damien’s property in Brisbane covers 850m, and contains two apartments and a house all on the same plot of land

The property is set to be sold at auction, but real estate agent Joanna Gianniotis has been told to consider offers made in Bitcoin for the property

The property is set to be sold at auction, but real estate agent Joanna Gianniotis has been told to consider offers made in Bitcoin for the property

'He's going to consider offers made in one of the top 20 cryptocurrencies,' Ms Gianniotis told Daily Mail Australia

‘He’s going to consider offers made in one of the top 20 cryptocurrencies,’ Ms Gianniotis told Daily Mail Australia

The owner of the house and two apartments is an avid follower of cryptocurrencies and will accept them as payment for the 'unique' property

The owner of the house and two apartments is an avid follower of cryptocurrencies and will accept them as payment for the ‘unique’ property

‘He’s going to consider offers made in one of the top 20 cryptocurrencies,’ Ms Gianniotis told Daily Mail Australia. 

She admits to being no expert on cryptocurrencies but became intrigued by the alternative form of payment after researching it. 

‘The owner is an avid follower of cryptocurrencies. It’s totally different.’ 

It’s the first time Ms Gianniotis has been involved in the sale of a home that has accepted cryptocurrencies.

‘It’s quite novel… it’s a fantastic investment.’

The property has views of Brisbane city, and Ms Gianniotis said it will offer about $1250 per week in rental income in what is a ‘thriving area’. 

‘It’s so unique that you can’t really put a price on it,’ she said.

The property will be sold at auction.

In January, a weatherboard home in Sydney’s western suburbs was put up for sale for $800,000 or 45 Bitcoin.

Cryptocurrencies are considered highly volatile, with Bitcoin peaking at $25,000 in January before crashing by almost $10,000 in less than two weeks.

It's the first time Ms Gianniotis has been involved in the sale of a home that has accepted cryptocurrencies

It’s the first time Ms Gianniotis has been involved in the sale of a home that has accepted cryptocurrencies

The property has views of Brisbane city, and Ms Gianniotis said it will offer about $1250 per week in rental income in what is a 'thriving area'

The property has views of Brisbane city, and Ms Gianniotis said it will offer about $1250 per week in rental income in what is a ‘thriving area’

'It's so unique that you can't really put a price on it,' she said. The property will be sold at auction

‘It’s so unique that you can’t really put a price on it,’ she said. The property will be sold at auction

 

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Read more at DailyMail.co.uk


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