6 Countries With the Cheapest Homes and 3 With the Most Expensive

Marcel Kuhn

CREDITS: Wikimedia CC BY-SA 3.0

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Step off the plane and inhale the scent of new beginnings. Imagine standing in a sunlit village square, the chatter of locals mixing with the aroma of baking bread, knowing that owning a home here is not just a dream for the ultra-wealthy. Across the globe, some countries offer the chance to unlock doorways to a different life—where the cost of a home is less than what some people pay for a car. Others? Well, in a few glittering corners of the world, real estate prices can make your eyes water. Ready to wander through secret deals and jaw-dropping price tags? Let’s find out where your next front door could be.

Portugal Warmth on a Budget

Portugal Warmth on a Budget (image credits: wikimedia)
Portugal Warmth on a Budget (image credits: wikimedia)

Picture yourself waking up in a whitewashed cottage on a hillside, birdsong drifting in through open windows. In Portugal, this fantasy can be surprisingly affordable, especially in regions like Alentejo, the Azores, or even tucked-away pockets of the Algarve. Here, homes start as low as €50,000, especially if you’re open to a bit of renovation. The cost of living is gentle on your wallet, and the markets overflow with fresh produce and the sweet scent of oranges. Locals greet you with a friendly “Bom dia!” and life moves at a slow, delicious pace. The best months to visit are April to June and September to October, when the weather is sunny and the crowds have thinned. **Insider tip:** Portugal’s golden visa program can also offer a path to residency for buyers from abroad.

Mexico Sunshine and Street Food

Mexico Sunshine and Street Food (image credits: wikimedia)
Mexico Sunshine and Street Food (image credits: wikimedia)

In Mexico, every day feels like a festival—lively music, the sizzle of tacos, and colors so bright you’ll need sunglasses. Cities like Merida and Tulum have become magnets for expats and digital nomads, drawn by affordable homes often starting under $100,000. The dry season from November to April is perfect for house-hunting, with blue skies and warm breezes. Picture wandering cobblestone streets at sunset, churros in hand, listening to mariachi bands play in leafy plazas. Buying property as a foreigner is straightforward with a fideicomiso (bank trust), and the community spirit is infectious. **Must-know:** In smaller towns, bargaining is part of the culture—never be afraid to negotiate.

Bulgaria Europe’s Best Kept Secret

Bulgaria Europe’s Best Kept Secret (image credits: wikimedia)
Bulgaria Europe’s Best Kept Secret (image credits: wikimedia)

Bulgaria might be Europe’s most underrated property hotspot. Beyond Sofia’s bustling energy, rural villages in the Valley of the Roses or near the Black Sea coast offer stone houses for as little as €20,000. The air smells of wildflowers and woodsmoke, and life is still deeply connected to the land—neighbors share homegrown tomatoes and invite you for strong, sweet rakia. Summer brings fields of sunflowers and lazy afternoons, while winter transforms mountain towns into snowy wonderlands. The country is part of the EU, so residency is straightforward for many, and the cost of living—think fresh bread for less than a euro—means your money stretches further. **Tip:** Brush up on a few words of Bulgarian; even a simple “Dobr den” opens doors.

Greece Dreamy Islands Within Reach

Greece Dreamy Islands Within Reach (image credits: rawpixel)
Greece Dreamy Islands Within Reach (image credits: rawpixel)

The word “Greece” conjures visions of turquoise seas, sun-bleached ruins, and lazy meals under olive trees. But did you know you can actually own a piece of this paradise for less than you might think? On islands like Crete or Naxos, charming fixer-uppers often list for around €70,000. The vibe is relaxed; time seems to slow down with the rhythm of the waves. Visit from late April to early June or September to October to enjoy balmy weather without the tourist crowds. Days end with grilled octopus by the water and laughter echoing along harbor walls. **Local hack:** In small villages, neighbors will often drop by with baskets of figs or homemade wine—hospitality here is legendary.

Turkey Markets and Mediterranean Views

Turkey Markets and Mediterranean Views (image credits: unsplash)
Turkey Markets and Mediterranean Views (image credits: unsplash)

Step into Turkey and you’re bathed in the aroma of roasting chestnuts and the calls of street vendors. In cities like Antalya or Fethiye, modern apartments and traditional stone houses start from around $50,000. Spring and autumn are ideal for exploring—temperatures are perfect, and the markets burst with fresh pomegranates and spices. The fusion of East and West is everywhere: Ottoman architecture sits beside sleek cafés, and the blue of the Mediterranean stretches as far as you can see. Foreigners can buy property easily, and the cost of living is low—think fresh simit bread with your morning tea for pennies. **Travel tip:** Don’t rush; the best homes often come by word of mouth, so chat with locals and expats alike.

Colombia Color and Coffee

Colombia Color and Coffee (image credits: wikimedia)
Colombia Color and Coffee (image credits: wikimedia)

Colombia’s reputation has transformed in recent years, and now cities like Medellín and Cartagena buzz with energy and opportunity. Imagine living in a leafy neighborhood where the air smells of roasted coffee and flowers, and homes start from $70,000. Salsa music spills from open windows, and every street is a splash of color. The dry season, December to March, is ideal for exploring and house-hunting. The country’s visa rules are friendly to buyers, and local customs mean neighbors often become fast friends. Wander the markets, taste arepas fresh off the griddle, and let the vibrant atmosphere inspire you. **Insider’s note:** Medellín is known as the “City of Eternal Spring” for its gentle, year-round climate.

Monaco Price Tag of the Rich and Famous

Monaco Price Tag of the Rich and Famous (image credits: wikimedia)
Monaco Price Tag of the Rich and Famous (image credits: wikimedia)

You don’t just buy a home in Monaco—you buy a piece of legend. The principality’s glittering harbor, luxury boutiques, and roaring Formula 1 cars set the stage for some of the world’s priciest real estate. The average price per square meter tops €50,000, and even tiny studios can cost millions. The city feels like a movie set: golden sunlight, Lamborghinis purring down the street, and the scent of jasmine from manicured gardens. Visit in May for the Grand Prix to see Monaco at its most electric. **Travel tip:** Even a weekend visit will have you dreaming of life among the yachts and casinos, though the price tags might bring you back to earth.

Hong Kong Urban Heights and Sky High Prices

Hong Kong Urban Heights and Sky High Prices (image credits: wikimedia)
Hong Kong Urban Heights and Sky High Prices (image credits: wikimedia)

Hong Kong’s skyline is a forest of glass and steel, alive with neon at night. But behind the dazzle, real estate prices soar sky-high—small apartments can fetch over $1 million. Every inch counts here; space is a luxury, and clever design is everywhere. Autumn is the best time to visit, with clear skies and cool breezes, perfect for exploring bustling night markets and hidden temples. The city’s rhythm is relentless—dim sum for breakfast, ferries crisscrossing Victoria Harbour, and the ever-present hum of possibility. **Insider fact:** Even locals sometimes rent “nano flats” barely big enough for a bed, just to be part of the action.

London Tradition and Pricey Postcodes

London Tradition and Pricey Postcodes (image credits: wikimedia)
London Tradition and Pricey Postcodes (image credits: wikimedia)

London is a city of grand contrasts: ancient stone beside modern glass, quiet gardens behind busy streets. But owning even a modest home here means facing prices that often exceed £1 million in central neighborhoods. Spring and summer bring London to life—parks bloom, festivals fill the air with music, and every corner offers a new story. Picture sipping tea in a Notting Hill café, the scent of rain on old brick, or catching a West End show after dark. The city’s real estate market is famously competitive, with bidding wars and lightning-fast sales. **Pro tip:** If you’re dreaming of London life, consider up-and-coming areas like Peckham or Hackney for better deals and bucketloads of character.

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