Sitting with a £ 5.3 mln price tag, 13 acres of a Caribbean island is for sale, but that means you have to shell out just over 570 BTC as sellers add to the Bitcoin adoption narrative stating that they will only accept cryptocurrency for the property.

There are a number of luxury and expensive properties that have found their way into the real estate market around the world with price tags only in Bitcoin. A luxury apartment in Notting Hill, a mansion in Miami, but even a reasonable home in Grimsby, England, has attracted the attention of Bitcoin buyers.

Bloody Bitcoin Bay

The Tropical Sanctuary on Union Island at Currently, St. Vincent and the Grenadines is only a lot located in a bay called Bloody Bay. However, the sale comes with plans for a villa, as well as a beach bar.

The region has seen some important development, and many like Bitcoin is a burgeoning opportunity.

Land for sale just minutes from a small airport connecting Union Island to St Vincent and the other Grenadines.

On the neighboring island of Canouan, more than 150 million pounds were spent by the owners of the famous Sandy.

Hype Real Estate

Although there has been a boom in Bitcoin real estate, its reasoning may not be as simple as a form of 39; adoption.

There is obviously a new wave of interest and enthusiasm on the part of individuals seeking to accumulate the skyrocketing assets that is considered to be the 39, digital gold. By receiving Bitcoin during a regular contract, investors are suddenly experiencing a huge influx of a currency that seems impossible to stop on its upward trajectory.

However, the real asset is the hype that brings a Bitcoin price. Many of these sales that have been in the media recently would never do it outside the real estate agents own books. Yet news of a Notting Hill apartment and a Miami mansion have crossed the oceans.

The 17 million-pound mansion in Notting Hill has attracted unprecedented interest since it went on sale in October. Lev Loginov, co-founder of the London Wall real estate company, who sells the property, said:

"Last week we had 15 views, this comes from Asia."

New Millionaires

It also helps that those who invested in Bitcoin in the early days were transformed into instant millionaires in this single year with its massive growth. five years could now be worth about enough to buy Bloody Bay.

To this end, by placing a Bitcoin price tag there, a new market is opened, and it is Loginov adds that these are the first miners who own a large number of Bitcoins:

"There are many young people who have been involved in cryptocurrences at an early stage.

Most of them have earned money by encrypting cryptocurrency and, basically, they are looking to acquire assets. "