One of the world’s best-known DJs is selling his breath-taking Miami apartment — and it could be yours for just 374 Bitcoin.
David Guetta’s idyllic beachfront penthouse has three bedrooms and three bathrooms, and boasts 2,528 square feet of space.
It’s got views of the bay and the city — and perks include a fitness center, a private beach club, room service and a sauna.
The realtor who has put the property on the market has confirmed that cryptocurrencies will be accepted — giving hodlers the chance to “live like a rockstar.”
Fully furnished, it has an on-site five-star hotel, and the owner can use many of the venue’s facilities as they please. It’s also a stone’s throw away from “the best entertainment South Beach has to offer.” The advert adds:
“The interior design is modern, contemporary, yet warm and uses the most noble materials such as wood and marble. Because of the Lissoni curated furnitures, this beautiful home in the sky is very inviting.”
In fiat terms, the flat has a price tag of $14 million. Ether is also being accepted as a payment method, meaning it would cost you 5,650 ETH at current market rates.
A Tempting Proposition?
As alluring as this offer may seem to those who have been invested in cryptocurrencies since the early days, purchasing real estate using digital assets can have its downsides.
If the value of Bitcoin and Ether goes up in the future, this could mean that the new owner ends up paying a lot more for the penthouse than they would have otherwise done in cash terms.
@ShaokyCinemaBTC, a crypto enthusiast on Twitter, explained:
“@davidguetta knows what’s up. His Miami pad is for sale. Can buy with #Bitcoin or #Ethereum. In general, not a good idea to part w/ disinflationary #crypto that consistently outperforms real estate… but smart folks like Guetta love to take it from you."