Just a decade ago, the idea of investing in real estate abroad was the domain of wealthy individuals and large institutions. But thanks to the internet and the rise of the sharing economy, that’s no longer the case. Today, there are a number of platforms that make it easy for anyone to invest in international real estate. Real estate investing is a great way to build your wealth. And while there are many factors to consider when choosing where to invest, one of the most important is cost. That’s why we’ve compiled a list of the cheapest countries to buy real estate right now. So if you’re looking for a bargain, read on!
Bulgaria
If you’re looking for cheap real estate, Bulgaria is a great place to start. The average price of an apartment in the capital city of Sofia is just $1,000 per square meter. And in other popular cities like Plovdiv and Varna, prices are even lower. So whether you’re looking for a holiday home or an investment property, Bulgaria is definitely worth considering.
Mexico
Mexico is another great option for those on a budget. The average price of an apartment in Mexico City is just $500 – $1,200 per square meter. And while prices in resort areas like Cancun and Puerto Vallarta are higher, they’re still relatively affordable compared to other popular destinations. So if you’re looking for a sunny spot to invest in, Mexico should definitely be on your radar.
Indonesia
If you’re willing to venture a little further off the beaten path, Indonesia is an excellent option. The average price of an apartment in Jakarta is just $1,600 per square meter. And while Indonesia is still a developing country, it’s rapidly gaining popularity as a tourist destination. So if you’re looking for an emerging market to invest in, Indonesia is definitely worth checking out.
Thailand
Thailand is another great option for those on a budget. The average price of an apartment in Bangkok is just $3,000 per square meter. And while prices in popular tourist destinations like Phuket and Krabi are higher, they’re still relatively affordable compared to other popular destinations. So if you’re looking for a sunny spot to invest in, Thailand should definitely be on your radar.
India
India is an excellent option for those looking to invest in emerging markets. The average price of an apartment in Mumbai is just $1,400 per square meter. And while prices in other major cities like Delhi and Bangalore are higher, they’re still relatively affordable compared to other global metropolises. So if you’re looking for a bargain, India is definitely worth considering.
South Africa
South Africa is another great option for those on a budget. The average price of an apartment in Johannesburg is just $500 – $800 per square meter. And while prices in other major cities like Cape Town and Durban are higher, they’re still relatively affordable compared to other popular destinations. So if you’re looking for a sunny spot to invest in, South Africa should definitely be on your radar.
The Philippines
The Philippines is an excellent option for those looking to invest in emerging markets. The average price of an apartment in Manila is just $2,000 per square meter. And while prices in other major cities like Cebu and Davao are higher, they’re still relatively affordable compared to other global metropolises. So if you’re looking for a bargain, the Philippines is definitely worth considering.
Egypt
If you’re willing to venture a little further off the beaten path, Egypt is an excellent option. The average price of an apartment in Cairo is just $600 – $1,600 per square meter. And while Egypt is still a developing country, it’s rapidly gaining popularity as a tourist destination. So if you’re looking for an emerging market to invest in, Egypt is definitely worth checking out.
As you can see, there are a variety of affordable options for those looking to purchase property abroad. So if you’re on a budget, don’t despair! There are still plenty of great deals to be had. Just do your research and find the perfect location for you.