Greek Homeowner Seeks to Convert Real Estate Wealth to 4,955 BTC

The luxury marketplace that accepts Bitcoin, BitPremier, is listing a Greek Villa for sale. The home is priced at almost 5,000 bitcoins, or €1,200,000. With capital controls in Greece, the wealthy there may choose to use Bitcoin as a payment rail to save their assets. Alan Silbert, CEO of BitPremier, said when he started the company in 2013:

“We’re finding a lot of wealthy, smart people are getting into the game with Bitcoin. I think as the ecosystem matures, I think you’re going to see a lot more of that.”

Alan Silbert, CEO of BitPremier

Located in Verga Messinia, the property sits on 4.025 sqm of land only five minutes from Kalamata Beach. Outside, the villa shows three levels of landscaping, including an exclusive orchard growing crops such as oranges, guava and olives. The spacious home also has a large terrace, a two-car garage and a tool room. With Spanish decor and proximity to the beach, the home built in 2006 comes with many amenities. If sold for Bitcoin, it will be another large real estate sale made in crypto and completed through the BitPremier marketplace.

BitPremier was founded

Read more ... source: Cointelegraph