When comparing the median price per square foot in Manhattan, NY, which stands at $1,500, to the vast properties available in the Mediterranean, it becomes apparent that you can truly get more bang for your buck in places like Sicily, Italy. With stunning beaches, historic sites, and an abundance of charm, Sicily offers a property that is over 7,000 square feet for the same price as a 500-square-foot studio apartment in NYC.
Moving on to the Loire Valley in France, known for its picturesque landscapes and renowned wines, you can trade your tiny NYC apartment for a spacious 4,013-square-foot home. With an average price per square foot of $187, Loire Valley allows you to live in a property eight times bigger than what you could afford in Manhattan.
Porto, Portugal, the second-largest city in the country, boasts not only rich history and stunning architecture but also affordable real estate options. By exchanging your 500-square-foot NYC apartment for a property over 3,000 square feet in Porto, you can immerse yourself in a sunny and safe environment, ideal for retirees looking to settle down.
Tuscany, Italy, a region famous for its historical landmarks and beautiful landscapes, offers properties that are six times the size of a typical NYC apartment. With attractions like the Leaning Tower of Pisa and Michelangelo’s iconic “David” statue, Tuscany provides a unique living experience that combines history and luxury.
Crete Island, the largest Greek island, boasts real estate costs averaging $215 per square foot, allowing you to swap your NYC condo for a spacious 3,488-square-foot home overlooking the Mediterranean. With ideal weather year-round, Crete Island offers a tranquil and picturesque setting for those looking to escape the hustle and bustle of city life.
Catalonia, home to the vibrant city of Barcelona and miles of Mediterranean coastline, offers properties as large as 3,061 square feet for the price of a small NYC apartment. With over 18 million international tourists visiting the region, Catalonia provides a diverse and dynamic environment for residents to enjoy.
The Canary Islands, a Spanish archipelago located off the coast of Morocco, offer a balmy climate and stunning ocean views. By trading your 500-square-foot NYC apartment for a property of 2,830 square feet overlooking the Atlantic Ocean, you can enjoy a relaxed island lifestyle that attracts millions of international visitors each year.
Liguria, known as the Italian Riviera, is home to picturesque destinations like Cinque Terre and Portofino. With properties nearly six times the size of an NYC condo available in this region, you can indulge in good food, breathtaking views, and a laid-back Mediterranean lifestyle.
Provence, located on the southeastern coast of France, offers properties as large as 2,100 square feet for the price of a modest NYC condo. With renowned cities like Marseille and the luxurious French Riviera within reach, Provence provides a blend of Mediterranean charm and French sophistication.
The capital city of Spain, Madrid, offers properties over 2,000 square feet for the same price as a 500-square-foot NYC apartment. With a bustling art scene, beautiful parks, and a reputation as a top destination for expats, Madrid provides a vibrant and cosmopolitan environment for residents to thrive.