The Bitcoin Villa Marbella Essential Magazine August 2020
As Featured in Essential Magazine in Marbella Spain
THE BITCOIN VILLA
Up to now, the focus of circular homes has been largely on a micro level, but the Bitcoin House created by U.S. entrepreneur and owner of NextGen, an architectural firm, Jean-Pierre D’Zahr, is a different proposition altogether. A former developer and designer at Microsoft and Boeing corporations, he comes from a financial and technical background, and applies his knowledge to the superbly luxurious modern villas he has been designing in the USA and now introducing them to the European and Middle East marketplace.
“There’s an architectural innovation vision that drives me, says Mr. D’Zahr, and this innovation is about figuring out how to improve and make home ownership affordable for everyone.” Mr. D’Zahr didn’t follow in his father’s footsteps immediately to become an architect. He pursued his passion for architecture later in his career, and now owns and operates an architectural design firm since 2015, sharing his passion for beautiful luxury home designs. His goal was to find a way to reduce and even eliminate a mortgage from the current antiquated mortgage system. Being a driven perfectionist and entrepreneur, Mr. D’Zahr works closely with like-minded visionary architects, technicians, and builders to realise his dream-home concepts, designs, and the creation of the Blockchain Mortgage.
Once it was done and the concept was in place, Mr. D’Zahr had a very unique and revolutionary model ready to be implemented. Here is a modern home brimming with cutting edge design and technology that embodies the luxury of a 21st century villa, offering the highest levels of refinement and comfort, combined with top energy consumption and environmental credentials. It wasn’t long before his villas drew attention, eventually leading to a business specialised in creating bespoke new architectural design projects, such as the magnificent Cantilever home and the All-Star Dream Home.
A unique concept comes to Europe – and Marbella, Spain
The range of villas has expanded in terms of the available sizes, configurations and features, but typical of a home of this standing is the exceptional level of design and engineering, which includes water features integrated over three layers in the form of ponds, sheet waterfalls, spas and indoor and outdoor swimming pools. A fine example is the magnificent Cantilever Villa, whose imposing fountains provide a visual spectacle as you enter the property. The large, double-height and open-plan living areas enjoy panoramic windows that adapt to the amount of sunlight entering through them, thus keeping the temperature constant and doing away with the need for curtains and shades.
As you can imagine, kitchens, bathrooms, private suites, spas, gymnasiums, entertainment areas and even garages are taken to another level of luxury, while the terrace becomes a glamorous extension of the living room when the doors glide open and the pool areas appear to come into the house. One of the spectacular features of the Cantilever Villa is indeed the swimming pool, the purest example of an infinity pool as it juts out from the main house and actually floats in mid-air.
Bitcoin House Aerial view – NextGen Unveils the 1st SELF-PAYING Home Mortgage in the World
Bitcoin House Interior Walk Through
Video may need to Buffer please wait a moment, it’s worth the wait!
Why it’s called the Bitcoin House
Along with targeted locations like the USA, Dubai, and the Caribbean, Mr. D’Zahr is now bringing the concept to Europe, setting up base in Monaco and Nice, while also launching in Spain. “The Bitcoin House is perfectly suited to the Marbella market, with its cosmopolitan high net worth clientele and upmarket lifestyle.” In the EU, these architectural marvels range from €50 million to €200 million, land not included, but with it comes a revolutionary way of thinking that, according to many, will change the way we own homes. “It’s a top-down process, starting with ultra-luxury villas like this, but one day the technology will extend the concept to the broader market too.”
With its unique design and self-sustainability, the Bitcoin House model allows for privacy and multiuse, and it can function as a healing sanctuary, resort, retreat, medical clinic, or a high-end vacation rental. NextGen has been approached by some interested parties inquiring even about the possibility of fractional ownership of the Bitcoin House.
Owners pay 50% of the sum down and get an accelerated mortgage for the remainder. This is not the unusual part; the fact that the property is self-financing is where the Bitcoin villa is unique, for with each property comes a Bitcoin mining facility located in a low-tax domicile. Its cost is incorporated in the price and it consists of the powerful computing capacity that underlies Bitcoin Mining, and for which ‘miners’ receive Bitcoin remuneration. Normally, the system uses so much energy that it is prohibitive, but we’ve partnered in the development of Electromagnetic generators that produce their own renewable energy 100% off-grid at a cost of 1 cent per kWh U.S. putting us in the profit zone.
The renewable energy power station that comes with the Bitcoin House produces a total of 6.5 MWs, of which 6 MWs is used up by the fully turnkey mining operation and the remaining energy .5 MWs is installed and delivered at the 2440 square meter luxury Bitcoin House and property – with the possibility of selling any electricity not used back to energy suppliers, if the homeowner chooses to do so. “The monthly income from the Bitcoin mining operation is estimated at $1.5+ million per month – at current Bitcoin value of $9000 per Bitcoin – and which covers the $892,000 mortgage. See the Excel doc Bitcoin accelerated Mortgage Calculations available here.
The innovation in the Blockchain/Bitcoin Mortgage in simple terms is that the 30-year mortgage is paid off at an accelerated rate within 10 to 11.5 years with no renewable incentives, but with incentives the mortgage can be paid off in as little as 5 to 6 years. The home buyer pays a 50% down payment and never has a mortgage payment, as the earning from the Bitcoin mining operations pays the monthly mortgage for the home owner. In fact, if the earnings exceed the mortgage by $200k, NextGen has calculated a bonus to the homeowner with a $100K per month payment to live in the home. Yes, this is a $1.2 million annual income to the home owner, while the Bitcoin mortgage is paid off at a super accelerated rate. Hence, this is the first income generating home of its kind in the world. As Bitcoin goes up in value, the extra income earned goes towards paying off the mortgage faster. As an example, if Bitcoin reaches $20k per Bitcoin, the Bitcoin Mortgage is paid off in a whopping 4.6 years without any incentives! And once the mortgage is paid off, the Home owner owns 100% of the Bitcoin mining operation and generates the full income from the mining operation.
This new way of thinking is a true paradigm shift in home ownership, combining the latest developments in technology, architecture and finance. “The world is changing, and so is the way we are doing things. We’re in a stage of evolution in which old concepts are being replaced by new ones, and while a lot of people fear some of these, there is an opportunity to change many things for the better. This system is not just unique but it is also a financially sustainable model that effectively makes your luxury villa a productive economic unit that pays for itself, and much more.” Sign up to reserve your Bitcoin House now!