Manhattan, New York is infamous for being expensive. The metropolis often locations as one of many globe’s most expensive areas to remain in.
Purchasing a 500-square-foot condo in New York City can value you regarding $750,000, in line with examine weblog website, My Dolce Casa, which primarily based its analysis off Realtor data revealing that the common value per sq. foot within the metropolis was $1,500.
You can efficiently commerce your little small condo within the metropolis for an property that stretches over 7,000 sq. ft in Sicily, Italy, or choose varied different residential properties within the Mediterranean, regarding 10 instances the workshop’s dimension.
Here’s what you’ll clarify 10 distinguished Mediterranean areas for the price of a 500-square-foot home in New York City, in line with an August report by My Dolce Casa:
Sicily, Italy
Size of residence: 7,212 sq. ft
Famous for its ample background, beautiful coastlines and wonderful hill communities, Sicily, Italy is a distinguished traveler location, seeing over 6 million website guests a 12 months, in line with a July document by Worldmetrics.org.
Despite its attraction, you’ll get hold of a big worth buying realty on the Italian island. Sambuca di Sicilia, a neighborhood in Sicily, went viral in the previous few years when it auctioned off properties with starting proposals at one euro.
Loire Valley, France
Size of residence: 4,013 sq. ft
Known for its beautiful panorama, historic communities and first-rate white wines, the place the abnormal value per sq. foot is $187, you may promote your New York City small condo for a house that’s 8 instances bigger in Loire Valley, in line with My Dolce Casa.
Norte (Porto), Portugal
Tuscany, Italy
Size of property: 3,165 sq. ft
Tuscany, Italy is a well-liked vacation spot amongst vacationers and noticed a greater than 44 million in a single day stays in vacationer lodging institutions in 2022, in line with Statista.
Home to the Leaning Tower of Pisa and Michelangelo’s “David” statuary, you may purchase a house that’s 6 instances the dimension of a New York City home proper right here.
Crete Island, Greece
Size of residence: 3,488 sq. ft
On the largest Greek island, realty units you again roughly $215 per sq. foot, in line withMy Dolce Casa You can change your New York City condo to understand island-life in a house larger than 3,400 sq. ft in dimension on Crete Island.
Catalonia (Barcelona), Spain
Size of residence: 3,061 sq. ft
Catalonia, extending hundreds of miles on the Mediterranean shore, and residential to Barcelona, invited larger than 18 million world vacationers in 2023, in line withStatista Here, you may anticipate to acquire a residence as large as 3,000 sq. ft, in line with the document.
Canary Islands, Spain
Size of residence: 2,830
The Canary Islands, a Spanish island chain located off the shore of Morocco, is moreover a distinguished traveler location. In 2023, it noticed round 14 million world website guests, in line withStatista Here you may change your New York City workshop to understand glorious local weather all year long in a 2,800 sq. foot residence neglecting the Atlantic Ocean.
Liguria (Italian Riviera), Italy
Size of residence: 2,930 sq. ft
Liguria, notoriously referred to as the Italian Riviera, is residence to a number of of Italy’s most tasty areas like Cinque Terre andPortofino Known for its glorious meals and spectacular sights, proper right here, you may get hold of a house that’s virtually 6 instances the dimension of a New York City condo.
Provence-Alpes- Côte d’Azur
Size of residence: 2,100 sq. ft
The Provence space rests on the coast of the Mediterranean in southeastern France, and is residence to Marsille, a distinguished port-city that noticed over 16 million traveler over night time stay in 2023, in line with presentdata The world-famous French Rivera is moreover located within the Provence space, actual property the distinguished metropolis of Cannes and seaside neighborhood ofSt Tropez.
For the price of a condominium in New York City, you may get hold of a four-times larger residence in Provence.
Madrid, Spain
Size of residence: 2,131 sq. ft
Madrid, the sources metropolis of Spain, noticed 10.6 million website guests in 2023, in line with theMadrid Convention Bureau The metropolis is known as Spain’s financial facility, properties beautiful parks and has a busy artwork scene.
Known as one of the efficient areas for deportees, you may commerce your New York City home for a house larger than 2,000 sq. ft in dimension proper right here.
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