Investing in real estate abroad is not only an opportunity to provide yourself with comfortable housing in another country, but also a profitable way to invest money. In recent years, more and more people are considering the purchase of real estate in foreign countries as a means of preserving capital, receiving rental income or even as a step towards obtaining a second citizenship. What countries offer the most favorable conditions for such investments? Let’s consider the most popular destinations with affordable real estate and attractive conditions for foreign buyers.
Bulgaria
Bulgaria is one of the most affordable countries for buying real estate in Europe. Especially popular are resorts on the Black Sea coast and cities with ski resorts. This makes the country attractive for those looking for budget investments with the possibility of a stable rental income.
- Average price for a 1-bedroom apartment: from $30,000 in the cities on the coast and from $40,000 in Sofia.
- Advantages: Low housing prices, simplified transaction procedure, attractive conditions for recreation and living, especially for EU citizens.
Turkey
This is one of the most sought-after options for real estate investment overseas. Thanks to the program of obtaining citizenship through investment, mild climate and picturesque resorts, Turkish cities attract both tourists and businessmen.
- The average price for a 1-bedroom apartment starts from $50,000 in resort cities such as Antalya and Alanya. Prices on the secondary market, as well as among the projects under construction can be even lower.
- Advantages: The possibility of obtaining a residence permit, developed infrastructure, simple purchase procedure. Resort areas are popular among tourists, which opens up opportunities for renting out housing.
Greece
Greece offers not only comfortable accommodation in one of the most beautiful places in the Mediterranean, but also the opportunity to obtain a residence permit through the Golden Visa program. This makes the country popular among investors.
- Average price for a 1-bedroom apartment: from $60,000 in Athens and other major cities.
- Advantages: Easy procedure for obtaining a residence permit for buyers of real estate worth €250,000 or more, beautiful scenery, mild climate and high tourist demand for rentals.
The choice of country will depend on your priorities – be it price, ease of processing or prospects for future growth. In any case, investing in real estate allows you to protect your savings from inflation and also opens up access to new opportunities for life and business.
