When we think of Manhattan, New York, the first thing that comes to mind is the sky-high prices associated with living in this bustling city. With a median price per square foot of $1,500, it’s no wonder that many people find the idea of purchasing property in Manhattan out of reach. However, what if we told you that for the price of a 500-square-foot apartment in NYC, you could own a property that is several times larger in some of the most picturesque locations around the Mediterranean?
One such location is Sicily, Italy, where you can purchase a property over 7,000 square feet, offering rich history, beautiful beaches, and charming hilltop towns. Similarly, in Loire Valley, France, you can trade in your NYC studio apartment for a home that’s eight times bigger, surrounded by beautiful landscapes, historic towns, and world-class wines. Porto, Portugal, offers properties over 3,000 square feet, known for its rich history, architecture, and fortified wine, making it an attractive option for retirees looking for a sunny and affordable destination.
Tuscany, Italy, known for its iconic landmarks such as the Leaning Tower of Pisa and Michelangelo’s “David” statue, offers properties six times the size of an NYC apartment. Crete Island, Greece, and Catalonia, Spain, also provide opportunities to own larger properties, allowing you to immerse yourself in the rich culture and history of these regions. The Canary Islands, off the coast of Morocco, and the Italian Riviera present alternatives for those seeking a change of scenery and climate, without breaking the bank.
Provence, France, located on the Mediterranean coastline, boasts popular destinations like Marseille and the French Riviera, offering properties four to six times larger than a NYC condo. Madrid, Spain, known for its bustling art scene, beautiful parks, and financial center, provides an opportunity for expats to own a property over 2,000 square feet, offering a tranquil living experience beyond the borders of the US.
As you can see, the allure of international real estate markets goes beyond just affordability. By exploring options outside of Manhattan, you can discover new cultures, histories, and lifestyles that provide a refreshing change from the fast-paced city life. So, why settle for a small apartment in NYC when you could own a sprawling property in some of the most sought-after destinations in the Mediterranean? The choice is yours to make.