15 Countries to Buy Cheap Property (House) in 2025

Summary

As home prices soar globally, affordable real estate options remain in select countries. This video highlights 15 destinations where purchasing a midsized house is still under $250,000, catering to both local buyers and overseas investors. From Montenegro’s Adriatic coast to Tanzania’s Zanzibar, these countries offer promising investment opportunities with favorable tax policies, residency incentives, and low property costs. Whether it's the beaches of Fiji or the picturesque cities of Albania, international buyers are welcome to take advantage of these growing real estate markets before prices rise further.

Takeaways

• 😀 Home prices globally are rising, with the median price for a midsized house in the U.S. now at $410,000.
• 😀 While prices in first-world nations like Canada, Australia, and Western European countries have skyrocketed, some countries still offer affordable housing options.
• 😀 Several countries allow foreign nationals to invest in their real estate markets, with some offering attractive tax incentives and residency visas.
• 😀 Montenegro, with its breathtaking Adriatic coastline, offers affordable homes with median prices ranging between $225,000 and $385,000.
• 😀 Greece has seen an 11% increase in home prices in prime areas over the last 7 years, with a median price range of $240,000 to $380,000 for a midsized home.
• 😀 Italy, especially in regions like Puglia and Sicily, offers affordable properties ranging from $220,000 to $330,000, with foreigners able to buy homes under reciprocal agreements.
• 😀 Costa Rica is an attractive real estate market with opportunities for vacation homes, retirement properties, and investment, with prices ranging from $192,000 to $290,000 for a midsized house.
• 😀 The Dominican Republic, a popular Caribbean destination, offers affordable properties, with median home prices between $178,000 and $235,000, along with favorable tax incentives for investors.
• 😀 Georgia offers affordable housing, with median home prices ranging from $130,000 to $200,000, especially in Tbilisi and Batumi, and low property taxes at 0.72%.
• 😀 Thailand presents various property investment opportunities, with homes ranging from $110,000 to $200,000, though foreigners can only buy condos directly due to land ownership restrictions.

Q & A

What is the current median price for a midsized house in the United States?

The median price for a midsized house in the United States has reached a staggering $410,000.

Why are home prices increasing across the globe?

Home prices are increasing due to rising costs of food, utilities, services, and the global economic factors impacting the real estate market.

Which countries offer affordable property prices under $250,000?

Some of the top countries with affordable property prices under $250,000 include Montenegro, Greece, Italy, Costa Rica, and the Dominican Republic.

What is the median listing price for a midsized house in Montenegro?

In Montenegro, the median listing price for a midsized house in prime areas ranges from $225,000 to $385,000.

What tax incentives are offered for property buyers in Montenegro?

Montenegro offers a 3% tax on property purchase, with an annual property tax of 0.25%.

How can foreigners buy property in Greece?

Foreign nationals can buy property in Greece without special permits, and Greece has introduced the Golden Visa program that grants residency permits for property investments starting from €250,000.

What are the challenges for foreigners purchasing property in Italy?

Foreign buyers must be aware of documentation complexities, and engaging a lawyer is recommended to navigate the purchase process.

How much does a midsized home cost in Costa Rica?

The median price for a midsized home in Costa Rica is between $192,000 and $290,000.

What tax advantages are offered to property investors in the Dominican Republic?

The Dominican Republic offers tax exemptions on property transfers, rental income, and even 100% exemption from property and capital gains taxes for up to 15 years for tourism projects.

What is the average price of a midsized home in Albania?

The median price for a midsized house in Albania typically ranges from $130,000 to $155,000, with properties in coastal areas being more expensive.