A Chinese man bought a two-room apartment for the price of a cup of coffee.
The man won the jackpot in the Singles' Day sale and purchased a two-room apartment with an area of 68 square meters for only 11 yuan (about 160 rubles). More than one and a half thousand participants bid on the Alibaba auction, but the lucky one was the first to submit the maximum allowed bid.
However, real estate registration will be more expensive than the purchase itself - the registration tax will cost $300, and the difference in the real market price will be covered by the market itself. The winner does not plan to go to permanent residence: he plans to spend only the winter in his new home.