Mediterranean Villas for the Price of… a New York Studio

Villa on Corfu Island

Manhattan in New York City is notorious for its high cost of living. The city is consistently ranked among the most expensive places to live in the world.

According to research blog My Dolce Casa, buying a 46-square-foot apartment in New York City can cost around $750,000. New York City, especially Manhattan, consistently ranks among the cities with the most expensive housing in the world. And housing prices are one of the factors that make them so expensive.

In Corfu you can buy a 170 square meter villa for the price of a Manhattan apartment

In Mediterranean regions, including Corfu, GreeceHome Invest has identified prices at which entire 5-10 bedroom villas are being sold at a reasonable price. According to listings collected by My Dolce Casa, many such cases could be found in August, including:

Sicily, Italy.

Known for its rich history, beautiful beaches and charming hilltop towns, Italy's Sicily is a popular tourist destination visited by more than 6 million people a year, according to a July report from Worldmetrics.org.

Despite its popularity, buying a property on the Italian island will be a big boom for you. Sambuca di Sicilia, a community in Sicily, has gone viral in recent years when it auctioned off houses with starting bids as low as one euro.

Loire Valley, France.

Known for its beautiful scenery, historic towns, and world-class wines, the average price per square foot is $187. According to My Dolce Casa, you can trade in your one-bedroom apartment in New York City for a home eight times larger in the Loire Valley.

Norte (Porto), Portugal, real estate 305 sq. m.

Porto, the country's second-largest city, is known for its rich history, architecture, and fortified wine. You can buy real estate here that's six times larger than a 500-square-foot apartment in New York City. Portugal has become a popular retirement destination as a safe, sunny, yet economical place to live.

Tuscany, Italy. Property area 294 sq.m.

Tuscany is a popular tourist destination, with more than 44 million overnight stays in tourist hotels in 2022, according to Statista. With the Leaning Tower of Pisa and Michelangelo's David, you can buy a property six times larger than an apartment in New York City.

Catalonia (Barcelona), Spain. Property area 284 sq. m.

Catalonia, which stretches for hundreds of miles along the Mediterranean coast and is home to Barcelona, ​​will welcome more than 18 million foreign tourists in 2023, according to Statista. Here, you can expect to live in a 279-square-foot home, the report says.

Canary Islands, Spain. Real Estate 263

The Canary Islands, a Spanish archipelago off the coast of Morocco, are also a popular tourist destination, with about 14 million international tourists expected to visit in 2023, according to Statista. Here, you can swap your New York City studio for year-round good weather in a 260-square-foot home overlooking the Atlantic Ocean.

Liguria (Italian Riviera), Italy. Property area 272 sq.m.

Liguria, known as the Italian Riviera, is home to some of Italy's most picturesque spots, including Cinque Terre and Portofino. Known for its fine dining and stunning views, you can own a property here that's nearly six times the size of a New York City apartment.

Provence – Alpes – Cote d'Azur. Property area 195 m²

The Provence region is located on the Mediterranean coast in southeastern France. It is home to Marseille, a popular port city that is expected to welcome over 16 million tourists in 2023, according to the latest figures. The world-famous French Riviera is also located in the Provence region, where the popular city of Cannes and the seaside town of Saint-Tropez are located.

For the price of an apartment in New York, you can buy real estate four times more expensive in Provence.

Madrid, Spain. Property area 198 m²

In 2023, the Spanish capital Madrid will be visited by 10.6 million people, according to the Madrid Assembly. The city is known as Spain's financial centre, has beautiful parks and a vibrant artistic scene.

Known as one of the best places for immigrants, you can trade in your New York apartment for a property over 2,000 square feet here.

Villa on the island of Corfu Greece 170 sq.m. on a plot of 680 sq.m.

Corfu (or Kerkyra) is an island off the northwest coast of Greece in the Ionian Sea, with rugged mountains and a hilly coastline that is home to many resorts. The island became part of Greece in 1864, having previously been ruled by the Venetians, French, and British, leaving its mark on its architecture.

The ground floor consists of a living room, dining room, kitchen, 1 bathroom and 1 bedroom. The 1st floor consists of 3 bedrooms with 2 bathrooms. There is independent heating. Furnished, with all electrical equipment. Open view, garden, swimming pool, aluminum frames, armored door, air conditioning, tiled floors, terrace. Distance to the sea 2000 m.

Corfu is one of the most popular tourist destinations in the country. You can exchange a small apartment in Manhattan for this luxurious villa with a plot of 680 m2, and you will still have a solid amount left over.

Source link