1st property for sale in NZ with Bitcoin

Exciting times ahead IMO


Cryptocurrency has officially arrived on the property market, with a stunning piece of land being offered up for sale not in traditional money, but Bitcoin.

In what is tipped to be a first in New Zealand real estate, Century 21 First Choice Realty in Wellington is selling a section in Kaiuma Bay, in the Marlborough Sounds, for Bitcoin currency.

The section - one of 14 which have been released in the development - is priced about $200,000.

Bitcoin has fluctuated significantly over the past few months; worth between $12,000 some days and just over $20,000 yesterday. If sold at the latter worth, the buyer would pay 10 Bitcoin for a $200,000 section.