Manhattan, New York is notorious for being costly. The city regularly places as one of the globe’s most pricey locations to stay in.
Purchasing a 500-square-foot apartment in New York City can cost you concerning $750,000, according to study blog site, My Dolce Casa, which based its research off Realtor information revealing that the average cost per square foot in the city was $1,500.
You can successfully trade your little small apartment in the city for an estate that stretches over 7,000 square feet in Sicily, Italy, or select various other residential properties in the Mediterranean, concerning 10 times the workshop’s dimension.
Here’s what you’ll make clear 10 prominent Mediterranean locations for the cost of a 500-square-foot house in New York City, according to an August report by My Dolce Casa:
Sicily, Italy
Size of home: 7,212 sq. feet
Famous for its abundant background, lovely coastlines and lovely hill communities, Sicily, Italy is a prominent traveler location, seeing over 6 million site visitors a year, according to a July record by Worldmetrics.org.
Despite its appeal, you’ll obtain a large value acquiring realty on the Italian island. Sambuca di Sicilia, a neighborhood in Sicily, went viral in the last few years when it auctioned off homes with beginning proposals at one euro.
Loire Valley, France
Size of home: 4,013 sq. feet
Known for its lovely landscape, historical communities and first-rate white wines, where the ordinary cost per square foot is $187, you can sell your New York City small apartment for a home that’s 8 times larger in Loire Valley, according to My Dolce Casa.
Norte (Porto), Portugal
Size of home: 3,289 sq. feet
Porto, is the 2nd most significant city in the nation and is recognized for its abundant background, design, and strengthened red wine. Here you can acquire a home over 6 times the dimension of a 500-square-foot New York City house. Portugal has become a hot spot for retirees, as a safe and sunny, yet affordable destination to settle down in.
Tuscany, Italy
Size of property: 3,165 sq. ft
Tuscany, Italy is a popular destination among tourists and saw a more than 44 million overnight stays in tourist accommodation establishments in 2022, according to Statista.
Home to the Leaning Tower of Pisa and Michelangelo’s “David” statuary, you can acquire a home that’s 6 times the dimension of a New York City house right here.
Crete Island, Greece
Size of home: 3,488 sq. feet
On the biggest Greek island, realty sets you back approximately $215 per square foot, according toMy Dolce Casa You can switch your New York City apartment to appreciate island-life in a home greater than 3,400 sq. feet in dimension on Crete Island.
Catalonia (Barcelona), Spain
Size of home: 3,061 sq. feet
Catalonia, extending thousands of miles on the Mediterranean shore, and home to Barcelona, invited greater than 18 million global vacationers in 2023, according toStatista Here, you can anticipate to obtain a residence as huge as 3,000 square feet, according to the record.
Canary Islands, Spain
Size of home: 2,830
The Canary Islands, a Spanish island chain situated off the shore of Morocco, is additionally a prominent traveler location. In 2023, it saw around 14 million global site visitors, according toStatista Here you can switch your New York City workshop to appreciate excellent climate throughout the year in a 2,800 square foot home neglecting the Atlantic Ocean.
Liguria (Italian Riviera), Italy
Size of home: 2,930 sq. feet
Liguria, notoriously called the Italian Riviera, is home to several of Italy’s most attractive locations like Cinque Terre andPortofino Known for its excellent food and spectacular sights, right here, you can obtain a home that is practically 6 times the dimension of a New York City apartment.
Provence-Alpes- Côte d’Azur
Size of home: 2,100 sq. feet
The Provence area rests on the coast of the Mediterranean in southeastern France, and is home to Marsille, a prominent port-city that saw over 16 million traveler over night remain in 2023, according to currentdata The world-famous French Rivera is additionally situated in the Provence area, real estate the prominent city of Cannes and seaside community ofSt Tropez.
For the cost of a condominium in New York City, you can obtain a four-times bigger home in Provence.
Madrid, Spain
Size of home: 2,131 sq. feet
Madrid, the resources city of Spain, saw 10.6 million site visitors in 2023, according to theMadrid Convention Bureau The city is called Spain’s monetary facility, homes lovely parks and has a busy art scene.
Known as one of the most effective locations for deportees, you can trade your New York City house for a home greater than 2,000 square feet in dimension right here.
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