A mansion for the price of a small apartment. A study prepared by My Dolce Casa –research blog on housing and retirement abroad– and published by The New York Times places two Spanish regions among the five most affordable to purchase a home.
Thus, with the $750,000 which, on average, costs a 45-meter apartment in the Big Apple, you can buy a 725-square-meter house in Castile – La Manchathe 689 in Estremadura, the American newspaper highlights. Only Molise and Calabria, both in Italy, offer cheaper prices, the newspaper tells its readers.
In the midst of the real estate crisis in Spain due to the sharp rise in prices, the newspaper encourages American retirees to invest in our country. Spain, in fact, ranks in the top 20 of the most attractive European places, with up to eight regions. In addition to the two already mentioned, there are still Castilla y León, Murcia, La Rioja, Asturias, Galicia and Aragón.
Just Italiawith nine regions, has more areas of interest. Greeceon the other hand, only manages to place two in this ranking: Thessaly and Central Greece.
