0.5 Bitcoin Now Gets You a Beach House in Albania, Says Nomad Capitalist – Trustnodes
Half a bitcoin is now enough to give you a picturesque view of the sunny beaches of Saranda, near the Albanian border with Greece.
From here you can see Corfu, the often favorite Greek island of British tourists, and you will be only a few kilometers from Ksamil in Albania with its azure beaches.
For such a gorgeous vacation destination, $20,000 seems a little too good to be true. Is it?
“A lot of apartments 20-30k. Definitely closer to 30,000,” Nomad Capitalist said.
Nomad Capitalist says they help high net worth individuals “create legal offshore tax strategies, become dual citizens, diversify overseas, and create a ‘plan B’ for chaotic times.”
They’re probably right that you can get a small one bedroom apartment for that much maybe 3 or 4 miles from the beach, although the monthly rent is cheap at maybe $200 a month. for an apartment with a view of the beach.
Realistically, however, you would need a full bitcoin, around $50,000, for a nice house and $70,000 to $100,000 for a complete villa with a decent veranda.
Summer then begins around May for swimmable waters, peaks around July when you prefer to be in the water rather than out of the water, and continues to some extent until in early November.
However, the nightlife is largely reserved for families. Lots of good, inexpensive food, including pizza or burgers, but not much choice for good clubbing.
Certainly not on the level of Dubai or Ibiza, but not even on the level of Northampton because there are almost no clubs at all, but plenty of bars.
Which makes it quite ideal for families and very safe, maybe even safer than London as Albania is also a member of NATO.
They are the only country outside of Switzerland to have an airfield bunker inside the mountain, so no doubt any trouble would have engulfed the world long before it reached Albania.
Its long coastline also has many secluded spots, but overall the population is declining due to emigration, making everything cheap.
This cheapness comes with its own compromises. There are occasional stray dogs, but they are usually harmless and almost non-existent on the beach sand.
They like foreigners because they think they’re rich, and by their standards, even minimum wage workers usually are, so they tend to be very friendly.
And for those who enjoy gardening, the best thing about Albania might just be the very tasty fruits and vegetables grown there.
For sun-hungry countries like the UK or Germany, the summer months in Albania can be an easy way to forget a lot while enjoying the taste of fruit.
Locals know all the tricks of what’s in season and what’s not, and it can easily be the difference between how a tomato tastes in England or Albania.
So those property prices probably won’t stay here long, but it’s still a developing country with its own trade-offs which are more of a lack of finishes or not the total comfort one might be used to. So it’s more of a vacation budget, for now, but nothing is really missing, it’s just that it’s not all as regimented as one might get used to.