This report analyzes real estate costs in various cities and regions, presented in Bitcoin (BTC). It compares house prices in luxury and affordable cities around the world, highlighting differences between continents such as Europe, Asia and North America.
We explore how the value of Bitcoin affects property affordability and examine areas where Bitcoin is accepted for property transactions. Additionally, the report discusses how property costs may change if the value of Bitcoin increases. By analyzing the average BTC required for real estate, we aim to gain a clear understanding of the use of cryptocurrencies in the global real estate market.
Our methodology
For this analysis, we use the Bitcoin to USD exchange rate of $100,000 per Bitcoin. The average property size is set to 70 square metersequivalent to a typical Two-bedroom apartment.
We calculate house prices based on average apartment costs digital database. To calculate the Bitcoin price, we divide the USD house price by $100,000. This method provides a simple way to estimate how much Bitcoin you will need to purchase properties around the world.
Bitcoin real estate prices by continent
In Africa, buyers can purchase a standard property for just 1 BTC on average, making it the most affordable continent. South America follows closely behind at 1.2 BTC, while Asia offers excellent value at 2.5 BTC per property.
Europe and North America require modest investments, averaging 4 BTC and 3.5 BTC respectively. Oceania is the most expensive region, with average house prices reaching 12 BTC, driven by high demand and limited supply.
| mainland | Need Bitcoin |
| North America | 3.5 Bitcoin |
| Europe | 4 Bitcoin |
| Asia | 2.5 Bitcoin |
| Africa | 1 Bitcoin |
| South America | 1.2 Bitcoin |
| Oceania | 12 Bitcoin |
Global Bitcoin Property Cost
Hongkong Owning the highest property prices in Bitcoin requires 19.15 Bitcoin Average standard attributes. Next is Singapore in 15.12 Bitcoin and Switzerland The price is 11.65 BTC, demonstrating the high cost of living in these luxury markets. South Korea Ranked fourth, the property price is 8.34 BTC, while Luxembourg The top five are priced at 7.58 BTC.
Among popular countries, Australia The average price per property is 4.73 Bitcoin, making it more affordable than other high-end locations. Canada and UK Offering similar affordability, properties are priced at 4.86 BTC and 4.30 BTC respectively. Surprisingly, the United States, ranked 39th, is much cheaper, with an average property costing just 2.53 BTC.
This disparity highlights the differences in property prices even among developed countries. While Hong Kong and Singapore demand nearly 15-20 BTC, the United States offers a more economical option to cryptocurrency investors.
Top 5 luxury cities
Hongkong is the most expensive city that requires 19.14 Bitcoin for standard properties. Its limited space and status as a global financial center drive high prices.
Singapore follows with 15.12 BTC. bern Ranking third with over 11.65 BTC reflects Switzerland’s wealth and stability. Seoul and Luxembourg Offering luxury properties in economically strong areas completes the list.
| City | nation | Need Bitcoin |
| Hongkong | Hong Kong (China) | 19.14 |
| Singapore | Singapore | 15.12 |
| bern | Switzerland | 11.65 |
| Seoul | South Korea | 8.34 |
| Luxembourg | Luxembourg | 7.58 |
Top 5 mid-range cities
Tokyo It is the highest-ranked mid-range city and it costs approximately 4.66 BTC to purchase a property. Berlin, A major technological and cultural center, its price is 4.21 BTC.
DubaiKnown for its luxurious lifestyle, its moderate affordability is 3.89 BTC. Bangkok Offering an attractive price of 2.76 BTC while brooklyn 2.53 BTC is one of the more affordable entry points into the US real estate market.
| City | nation | Need Bitcoin |
| Tokyo | Japan | 4.67 |
| Berlin | Germany | 4.21 |
| Dubai | United Arab Emirates | 3.90 |
| Bangkok | Thailand | 2.76 |
| brooklyn | USA | 2.53 |
5 Affordable Cities
Hanoi Topping the affordable list, property can be purchased for just over 2 Bitcoin, making it an ideal investment destination in Vietnam. Kuala Lumpur and San Salvador Following closely behind, house prices average around 1.42 BTC.
Mumbai’s Cost-effectiveness is reflected in its 1.23 BTC requirement, while rio de janeiro Offering the most affordable options at just over 1 BTC, Brazil is an extremely attractive market for cryptocurrency investors.
| City | nation | Need Bitcoin |
| Hanoi | Vietnam | 2.09 |
| Kuala Lumpur | Malaysia | 1.43 |
| san salvador | El Salvador | 1.42 |
| mumbai | India | 1.23 |
| rio de janeiro | Brazil | 1.02 |
Bitcoin’s Rising Value and Real Estate Purchasing Power
If the price of Bitcoin rises to $150,000, the amount of Bitcoin required to purchase the same property will decrease. For example, if the price of Bitcoin rose to $150,000, a property currently worth 10 BTC (at the lower BTC price) would only cost about 5 BTC. The rise in the value of Bitcoin could make it easier for Bitcoin holders to purchase real estate, as they would need to spend fewer Bitcoins to purchase the same asset.
Countries that support Bitcoin for real estate transactions
Some countries now accept Bitcoin for property purchases. exist United Arab Emiratesespecially in Dubai and abu dhabiDevelopers and real estate agents facilitate Bitcoin transactions, supported by cryptocurrency-friendly regulations and a rapidly expanding economy.
PortugalKnown for its favorable tax policy, which exempts individuals from capital gains tax on cryptocurrencies, it has promoted cryptocurrency-based property transactions, especially in lisbon.
city likes Miami, Los Angelesand New York Real estate sales using cryptocurrencies have already been seen. For example, a luxury penthouse in Miami sells for $22.5 million In 2022, cryptocurrencies will have one of the largest blockchain real estate sales in the world.
As the first country to adopt Bitcoin as legal tender, El Salvador Allows its citizens to use Bitcoin for various transactions, including real estate. However, adoption rates remain relatively low, with only 7.5% of the population Use Bitcoin for transactions.
