21 Cities Around the World Where Real Estate Is a Steal

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Dreaming of owning a home abroad without draining your bank account? These 21 cities across the globe offer incredible real estate opportunities at a fraction of the cost you’d expect in major metropolises. From picturesque coastal retreats to bustling cultural hubs, each destination combines affordability with unique charm.
Medellín, Colombia
21 Cities Around the World Where Real Estate Is a Steal
- Medellín, Colombia
- Chiang Mai, Thailand
- Tbilisi, Georgia
- Lisbon, Portugal
- Bali, Indonesia
- Belgrade, Serbia
- Mexico City, Mexico
- Budapest, Hungary
- Phnom Penh, Cambodia
- Quito, Ecuador
- Kraków, Poland
- Sofia, Bulgaria
- Cape Town, South Africa
- Da Nang, Vietnam
- Antalya, Turkey
- Valletta, Malta
- Montevideo, Uruguay
- La Paz, Bolivia
- Split, Croatia
- Porto, Portugal
- Lviv, Ukraine
- 25 Countries Predicted to Become Economic Superpowers in the Next 20 Years
- 25 Countries Predicted to Become Economic Superpowers in the Next 20 Years

Medellín has evolved from a troubled past to a thriving metropolis known for innovation and culture. Real estate averages $1,200 per square meter, offering incredible value for urban living. Popular neighborhoods like El Poblado and Laureles feature modern apartments surrounded by lush green landscapes. The city’s year-round pleasant weather and robust public transportation, including the famous cable cars, add to its appeal. Medellín also hosts numerous cultural festivals, attracting tourists and expats alike.
Chiang Mai, Thailand

Chiang Mai, located in the northern mountainous regions of Thailand, offers real estate prices starting at $800 per square meter. This city blends modern amenities with ancient temples, making it a favorite among digital nomads and retirees. Condos near the Nimmanhaemin area are beautiful, with prices far lower than Bangkok’s. Affordable healthcare and delicious street food further enhance the quality of life.
Tbilisi, Georgia

Tbilisi blends old-world charm with contemporary architecture, and its real estate market remains affordable, averaging $1,000 per square meter. The city’s iconic sulfur baths, cobblestone streets, and wine culture attract visitors and investors. Additionally, Georgia offers a favorable tax environment for property owners. Fun Fact: Georgia is the birthplace of wine, with a winemaking tradition dating back 8,000 years.
Lisbon, Portugal

The city has a combination of historic appeal and a modern lifestyle. The average price per square meter is around $3,000, very reasonable in comparison with other European capitals. Alfama and Baixa districts are among the most visited, with their scenery and vibrant atmosphere. International investors have found their way to Lisbon through Portugal’s Golden Visa program. This is also one of the cities with a perfect public transport system and sunlit weather. Fun Fact: Lisbon streets are paved with unique black-and-white mosaic designs called “calçada portuguesa.”
Bali, Indonesia

Bali is the epitome of paradise, and yet, it’s surprisingly affordable when it comes to real estate. Villas in Ubud or Canggu start at $100,000. Expats are attracted to Bali for its laid-back lifestyle, surfing beaches, and thriving yoga community. Foreign ownership laws can be complex, but leasing options abound. Bali has one of the lowest living costs, making it an ideal location for remote workers.
Fun Fact: Bali has over 10,000 temples, earning it the nickname “Island of the Gods.”
Belgrade, Serbia

Belgrade offers a mix of old-world charm and emerging modernity, with real estate prices averaging $1,500 per square meter. The city’s riverside developments in areas like Sava Mala are particularly enticing. Serbia’s cost of living is among the lowest in Europe, and its café culture rivals Vienna’s. Belgrade also has a growing tech scene that attracts young professionals. Belgrade is one of Europe’s oldest cities, with a history dating back over 7,000 years.
Mexico City, Mexico

Apartments in trendy neighborhoods like Roma and Condesa start at $2,000 per square meter. The city boasts over 150 museums and hosts great events on arts, culture, and gastronomy. It has one of the world’s most energetic nights and a rich history, making it a favorite for tourists and expats. Mexico’s affordable healthcare and warm climate further enhance its appeal. Mexico City was built on a lake, and some neighborhoods still experience slight sinking annually.
Budapest, Hungary

Budapest combines history, affordability, and beauty with real estate prices of around $2,000 per square meter. The city is divided into Buda and Pest by the Danube River, each offering unique lifestyles. Areas like District V are prime locations for investment. Budapest’s thermal baths, ruins, pubs, and excellent public transportation make it an attractive option for expats. Budapest is also home to the world’s largest geothermal cave system, making it a haven for spa enthusiasts.
Phnom Penh, Cambodia

Phnom Penh is witnessing a real estate boom, with an average property price of $1,500 a square meter. Modern high-rises and luxury condos characterize fast development in Phnom Penh. It is a favorite among investors due to affordable living costs and the boom in the economy. Incredible landmarks like the Royal Palace and Wat Phnom make it more fascinating.
Quito, Ecuador

Quito is very affordable, with house prices of $1,200 per square meter. It is situated in the Andes, and this city contains a well-kept colonial Old Town, one of the country’s few UNESCO World Heritage items. Quito’s cool climate and exciting life mean it is perfect for retirees. Moreover, property investments in Ecuador are dollarized, eliminating local currency instability. Quito is the world’s second-highest capital city, located at 9,350 feet.
Kraków, Poland

Kraków, with its cobblestone streets and medieval architecture, offers real estate at an average of $2,000 per square meter. The city’s Old Town, a UNESCO World Heritage Site, is a favorite for tourists and investors. Popular neighborhoods like Kazimierz combine history with modern conveniences. Kraków is also a student hub, making it a prime location for rental investments. Poland’s stable economy adds further appeal for property buyers.
Sofia, Bulgaria

Sofia is one of the cheapest capitals in Europe; real estate starts from $1,100 per square meter. It is a Soviet-era city mixed with modern parts, with a neighborhood like Lozenets causing a high buzz. Sofia sits on the side of mountains; outdoor activities are always close to the city’s center. The affordable cost of living and an emerging tech scene have attracted expats to the city.
Cape Town, South Africa

The real estate offered here averages around $2,000 per square meter. The city offers popular ocean views of places like Sea Point and Camps Bay. Its mild climate, world-class wineries, and rich culture make it quite attractive. Despite a few economic difficulties, investment in this place would hold long-term value.
Da Nang, Vietnam

Da Nang is Vietnam’s rising star. The city boasts a minimum of $1,500 beachfront properties per square meter, pristine beaches, and modern infrastructure. Da Nang is very popular with retirees and investors. Its proximity to UNESCO World Heritage Sites such as Hoi An adds more attraction to the city. With a growing economy, Vietnam offers great promise for long-term investment. Two giant hands support the Golden Bridge in Da Nang, which has become an icon in global architecture.
Antalya, Turkey

Antalya boasts Mediterranean charm, and the price per square meter for real estate begins at $1,000. Nicknamed the gateway to the Turkish Riviera, luxury villas and apartments with sea views dominate it. Strong rental yields support a booming tourism industry in the city. It is affordable to live in and serves delectable Turkish cuisine. The city houses the oldest-known monumental statue in the world, which is over 12,000 years old.
Valletta, Malta

Real estate investments in Valletta cost as little as $3,000 per square meter. Malta’s tax advantages and membership in the European Union make It quite an attractive country for investors, and property outlooks often frame the Mediterranean Sea. Valletta is the smallest European capital city, taking up merely 0.8 square kilometers of area.
Montevideo, Uruguay

Montevideo presents a stable market for real estate, with an average price per square meter being $1,800. This is the capital city, famous for its promenades along the beach and the rich cultural life. The neighborhoods of Pocitos and Carrasco are pretty popular among expats. Regarding politics, Uruguay is characterized by stability and has excellent safety rankings.
La Paz, Bolivia

The average price for one square meter in La Paz is around $1,200. This mountain city has incredible views and provides a culture unique to any other city. For example, popular neighborhoods like Sopocachi have trendy cafes and an energetic nightlife. With its growing economy, developing Bolivia is highly prospective for real estate property growth. La Paz also has the world’s longest urban cable car system, extending over 20 miles.
Split, Croatia

Split offers great views across the Adriatic and affordable properties, averaging $2,200 per square meter. Its historical Old Town, built within the ancient Diocletian’s Palace, is a UNESCO World Heritage Site. Split’s tourism-oriented economy creates excellent rental opportunities for property owners. The Mediterranean lifestyle in the city attracts retirees and expats.
Porto, Portugal

Porto is affordable real estate. The average price per square meter is around $2,500. Expats love it for its old architecture and wine culture. Ribeira, a UNESCO World Heritage Site, is a perfect location for those properties with river views. Portugal’s Golden Visa program also attracts foreign investors to Porto. Porto is the origin of Port wine, one of the world’s most famous fortified wines.
Lviv, Ukraine

Lviv offers some of the cheapest real estate in Europe at $800 per square meter. Its preserved old town is also a UNESCO World Heritage Site. The city boasts a thriving coffee culture and festivals. Lviv remains an excellent investment option regarding its cost of living and emerging economy.
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The strength of an economy plays a crucial role in various international policies about trade and relations. Certain factors determine the strength of an economy, including population growth, availability of resources, and development and advancement. Here are 25 countries predicted to become economic superpowers in the next 20 years
25 Countries Predicted to Become Economic Superpowers in the Next 20 Years
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The strength of an economy plays a crucial role in various international policies about trade and relations. Certain factors determine the strength of an economy, including population growth, availability of resources, and development and advancement. Here are 25 countries predicted to become economic superpowers in the next 20 years
25 Countries Predicted to Become Economic Superpowers in the Next 20 Years
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