Cryptocurrency

Bali’s Bondalem Beach Club Is Ready For Sale, Values $3 Million Dollars In Bitcoin

Bondalem, a renowned beach club in Bali, Indonesia is now ready for sale. The huge property consisting of five bungalows is not just going to have a typical sell usually what people are used to. The purchaser needs to pay a higher value of $3 million dollars in Bitcoin to acquire this resort in Bali.

Bondalem is already a globally acclaimed beach club located at the Balinese village on the north-east coast of Bali. The overall property consists of 18 bathrooms, 18 bedrooms, two swimming pools including an area exclusively designed for fitness and yoga. The fitness and yoga area is equipped with wall-yoga ropes and anti-gravity yoga hammocks.

There are several reasons why the value of this place has been kept at such a high scale in Bitcoin dollars. Sprawling across an area of 46,930 sq. ft., the overall property is a gateway to varied temples, dolphin tours, hot springs and water cascades. Here the visitors can see dolphins and other animals while coming close to the shore. The visitors who are fond of fresh fish can visit the restaurant spreading an area of 2,368 sq. ft.

The place is having a tremendous potential for positive cash flow in the near future. A new airport is also going to be completed soon around 20 km away from the building. The communication will further improve with this new development, as cited in the listing done by Bitcoin Real Estate.

Bondalem is not the first property which is going to be sold for Bitcoin. There are plenty of different properties across the planet that are being sold for the cryptocurrency. Recently, over 400 years old palazzo in Malta was on sale for 550 Bitcoins, the amount which is reportedly equivalent to more than $3.5 million USD, CryptoDaily noted.

Similarly, there are several properties in the United States, Australia and Argentina anyone can own by paying the higher values through Bitcoin dollars. Some real estate organizations are passionately working with varied digital currencies with an objective to fulfill the demand of the most exigent buyers in the market.

[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]
coinmag

Having over 11 years of experience in Journalism, Subhro has become fascinated by cryptocurrency over the last couple of years.

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