Meet Catarina Migliorini (photos below) the young Brazilian student who auctioned her virginity off and is now posing for nude Playboy photos. The virginity sale was no Bunny Ranch romp. It is a one time deal for a good deed as she is raising funds to build homes for poor families.

If there were ever a reason to auction off your virginity, I guess building homes for the poor would be a good one. Catarina Migliorini, is a 20 year old student who has decided to do just that. She is selling off her virginity to the highest bidder, currently at $155,000. Hopefully that number goes up as this story goes viral. Catarina said that while she does believe in true love, but she see an opportunity to make a difference in the world.

She is also filming this journey through a documentary film called Virgins Wanted, which is also following a guy named Alexander, but I am not sure too many people will be tracking that one. His current bid is only at $1,300.

Catarina talked about the controversial choice saying,

“I saw this as a business. I have the opportunity to travel, to be part of a movie and get a bonus with it.

If you only do it once in your life then you are not a prostitute, just like if you take one amazing photograph it does not automatically make you a photographer. The auction is just business, I’m a romantic girl at heart and believe in love. But this will make a big difference to my area.”

The director of Virgins Wanted, Justin Sisely, will focus on her emotions before and after her first sexual encounter. Aside from the reward of providing several new homes for families, she will also receive $20,000 and 90% of the final auction sale price. And if you are interested in taking advantage of this opportunity, the auction goes till October 15. You will have to pass an STD screening and will join the mile high club because in order to avoid prostitution laws, the deed will go down in an airplane leaving from Australia to the US. While Catarina was prepared to go au natural, but a condom will be required. The sexcapade will not be filmed for the documentary. You can place your bid on the Virgins Wanted home page.

You can see from the photos below that Catarina is a beautiful girl. She has light brown, long wavy hair, and while her measurements are unknown, she is well proportioned and slim. She studies physical education at the University and is passionate about helping people. She does not have Facebook page, though she is tagged here. She also does not have a Twitter, so networking with her before placing a bid is impossible.

Check out the photos and video below and then leave us a comment with your thoughts. Is Catarina Migliorini’s virginity auction a righteous thing to do or is still prostitution?

Update: Catarina Migliorini Playboy photos are in hot demand now. Since the original publication of this story she has posed for Playboy magazine in a spread that appears in the January edition of Playboy Brazil. More here.

Update 7/11/2013: Now Catarina is saying that the entire setup was a fraud. She says she was never paid for sacrificing her womanhood to the Japanese man who paid serious yen for the rights to her body. And to top it all off, she is still a virgin so there! Yes dear readers, something is clearly not adding up. More here.

Click each thumbnail to enlarge the picture.