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Elite Living With 45% Upside

by Kathleen Peddicord
Nov 10, 2024
in Lifestyle
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Historic town of Assisi at sunrise, Umbria, Italy. Elite Living

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European real estate is one of the soundest investment buys you can make.

Since 2010, home prices here have risen by 45%.

Property on the Continent is about as steady and stable an investment as you’ll find anywhere.

It makes sense, right? Europe boasts the world’s elite quality of life. It follows that the property here is a blue-chip asset.

The good news is that price tags are not necessarily what you might fear.

In fact, you might not believe the kinds of properties… or the pricing… available to you right now in hidden corners of the Continent.

We think of it as “secret Europe.”

How about a 65 square meter apartment with sea views for 95,000 euros…

An 80 square meter condo with two bedrooms, a terrace, and views of the Adriatic Sea for 200,000 euros…

That you could rent out for at least 600 euros a week when you’re not using it yourself.

Or how about a fully restored 100-year-old, 3-bedroom house built from stone, with two vaulted-ceiling cantinas (cellars)—not far from the sea and near the ski slopes—for 115,000 euros?

And, with citrus, olive, and carob orchards, as well as some of the most unique beaches in the world, all nearby… you can grab studio, one-bedroom, and two-bedroom apartments from just 70,000 to 100,000 euros in our pick for Europe’s # 1 haven…

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What’s the secret?

First, and obviously, avoid the tourist traps.

But it’s more than that.

I’m not just talking about steering clear of the neighborhoods of famous places.

I’m talking about Europe’s “other” cities.

We know of dozens of places that look and feel like similar locations you’ve very likely heard of… where the cost of living is far, far greater.

The secret spots I’m thinking of haven’t yet been “discovered”… their names aren’t yet as familiar as their celebrity equivalents.

These alternatives to Tuscany and company come at a fraction the cost of the originals.

Dare to feed your dreams—and plans—with these secret under-the-radar Old World jewels…

A Pre-Roman Walled City, Vineyards, And 300+ Days Of Sun

In western France, one of our alternatives to Provence offers you joie de vivre for less than $1,500 a month…

As legend has it, a very wise woman once saved a lovely and history-rich city here from a tribe holding it under siege.

With the help of the other starving inhabitants, she fattened a pig with the city’s last scraps of food, threw it over the walls, and thereby convinced the attackers the siege was in vain.

Today, fresh food and local wine are abundant—thanks to the area’s great weather… which also makes it inviting to spend lots of time outdoors.

What’s more, it’s only a short drive to seaside pleasures, mountain skiing, and urban cultural attractions.

Aphrodite’s Birth Place Is Under The Radar These Days

While tourism hikes up prices in Santorini, one of our under-the-radar alternatives boasts the best bang for your buck in the Mediterranean.

This entire town… oozing history and Old World charm going back 10,000 years… is recognized as a UNESCO World Heritage Site.

For much less than the usual Mediterranean destinations, you’ll get the same breathtaking coasts, fascinating museums, and tasty cuisine, plus impressive mountains and vast forests to explore. This is an outdoorsman’s treat.

And, with more than 300 sunny days a year, you’ll be able to spend as much time as you want enjoying Mother Nature’s best here on the Mediterranean’s warmest island.

You’ll also be pleased to learn that this is one of the safest places in the world.

Plus, it was all once under British rule… so English is spoken by more than three-quarters of the locals.

Medieval Hill Villages, Endless Golden Beaches, And Thermal Spas

Our choice in Italy will cost you but half what you’d pay to live in Tuscany.

Picture it—tranquil… simple… gorgeous living only a couple of hours from Rome…

Women in pinafores chatter and laugh in chairs drawn into a circle near the village square. They string and braid onions into long strands. Scarlet peppers hang from balconies, while boys play soccer in the street below. Shoppers fill mesh bags at open-air markets.

And it’s only a short drive to hiking trails, wildflower fields, thermal spas, and the best city beaches in Europe.

With its tall mountain range and sandy coast so close to each other, you could snow ski and surf in the same day.

Choosing your corner of this paradise is the only “dilemma.” Do you want views of hillside terraces, mountains, medieval cities, the sea … or how about all at once!

These three irresistible destinations are just a tiny sampling of the cities and towns awaiting you across secret Europe.

Until next time,

Kathleen Peddicord signature

Kathleen Peddicord

Founding Publisher, Overseas Opportunity Letter

Kathleen Peddicord

Kathleen Peddicord

Kathleen Peddicord has reported on opportunities for Americans to live, retire, and do business overseas for 40 years. She has traveled to more than 75 countries, invested in real estate in 24, established businesses in 7, renovated and built properties in 6, and educated her children in 5.

Kathleen has moved children, staff, enterprises, household goods, and pets from the east coast of the United States to Waterford, Ireland, then to Paris, France, and finally to Panama City, Panama, where she has based her Live And Invest Overseas business. Peddicord and her husband, Lief Simon, now divide their time between Panama and Paris.

Peddicord was a partner with Agora Publishing’s International Living group for 23 years. She opened, staffed, and operated International Living publishing and real estate marketing offices in Waterford, Ireland; Panama City, Panama; Granada, Nicaragua; Roatan, Honduras; San Miguel de Allende, Mexico; Quito, Ecuador; and Paris, France. Peddicord launched Live And Invest Overseas group in 2008 and has built it into a successful multimillion-dollar business. Today, she shares her firsthand experience of expat life with more than 500,000 readers of her publications, including Overseas Opportunity Letter and Overseas Living Letter.

Kathleen has been featured often in The New York Times, MSNBC, AARP, CNN, Bloomberg, CNBC, and more and writes monthly about expat matters, international real estate, and offshore diversification for Forbes and U.S. News.

Kathleen has written several books including the memoirs “At Home In Ireland” and “At Home At Los Islotes” and her latest title “At Home Abroad,” all published by Lahardan Books. Her best-selling "How To Retire Overseas: Everything You Need To Know To Live Well (For Less) Abroad” was published by Penguin Random House in 2018 and her “Buying Real Estate Overseas For Cash Flow (And A Better Life)” was published by Wiley in August 2020.

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