Live and Invest Overseas
FREE REPORT: The  World Cheapest Real Estate Investments In 2025

THE WORLDS CHEAPEST REAL ESTATE INVESTMENTS IN 2025






    We Value Your Privacy! We will not share your email address with anyone else, period.
    • Home
    • Countries

      Top Destinations:

      Whether you’re looking for fun and sun, a peaceful retirement, or the chance to earn some extra income, you’ve got a real world of opportunity open to you… In short, we’ve done our best to narrow down your best options, but only you can decide the right country for you.

      • Spain
      • Portugal
      • Panama
      • Belize
      • Colombia
      • Cyprus
      • Mexico
      • France
      • Montenegro
      • Browse All Countries

      Best For:

      • The Best Places To Retire
      • Health Care Abroad
      • Cost Of Living
      • Investing in Real Estate
      • Establishing Residency
      • Gun Laws In The World
      • English-Speaking Countries
      • Safest Places For Retirement
      • Best Places In Latin America
    • Budgets

      How Much Will It Cost You To Live Overseas?

      The only honest answer is, we have no idea. And neither does anyone else. The only one who can answer that question is you. Here’s the most important thing to understand about budgeting your new life overseas…

      Super Cheap

      • Chitré, Panama
      • Santa Marta, Colombia
      • Phuket, Thailand
      • Dumaguete, The Philippines

      Cheap

      • Medellin, Colombia
      • Boquete, Panama
      • Kyrenia, Cyprus
      • Hua Hin, Thailand
      • The Algarve, Portugal

      Affordable

      • Valencia, Spain
      • Cascais, Portugal
      • Las Terrenas, The DR
      • Pisa, Italy
      • La Rochelle, France
      • Mazatlán, Mexico

      Luxury

      • Ambergris Caye, Belize
      • Kotor, Montenegro
      • The Panama City Beaches
      • Paris, France
    • Resources

      Global Living

      • Living & Retiring Overseas
      • Raising A Family Abroad
      • Foreign Residency & Citizenship
      • Offshore & Diversification

      Making Money

      • International Real Estate
      • Banking
      • Employment
      • Investing

      Follow Us:

      • Meet Our Experts
    • Real Estate

      Join our Weekly Newsletter
      Overseas Property Alert

      Sign up for our weekly newsletter to receive expert insights on the best international real estate investment opportunities.






        We Value Your Privacy! We will not share your email address with anyone else, period.

        Buying Real Estate For Cashflow

        • Discover tips and strategies used by global property investing veterans

        Explore Our Latest Posts

        • Learn how to invest and purchase property abroad…

        Go To The Overseas Property Alert Site

        • How To Become Independently Wealthy And Fund The Lifestyle Of Your Dreams
      • Conferences

        Upcoming Events

        • Explore Our Events Site

        International Property Summit

        Caribbean Virtual Conference

        Live and Invest In Spain Conference

        PANAMA CITY, PANAMA

        June 18-20, 2025

        VIRTUAL

        July 17-19, 2025

        Valencia, Spain

        Sep. 17-19, 2025

        LEARN MORE
        LEARN MORE
        PRE-REGISTER
        LEARN MORE
        PRE-REGISTER
        • MORE EVENTS

        Contact Our Events Team

        Toll-Free U.S. and Canada:
        1 (888) 627 8834
        From Outside North America:
        1 (443) 599 1221
        Working Hours
        Monday – Friday 08:00 am – 17:00 pm EST.

        Reach us with your questions by email at: events@liveandinvestoverseas.com

      • Store

        Unlock The World

        • Access Your Library

        Overseas Havens Reports

        • Expats' comprehensive destination guides

        Conference Kits

        • Hours of coverage  from our latests conferences

        Lahardan Books

        • Titles on living and investing around the world
        • Explore Our Store
        Your passport to a life well-lived abroad

        Services

        overseas living letter offers affordable retirement guidance
        The Simon Letter Wealth Protection Insights
        Global Property Advisor Global Investment Opportunities

        Our Customer Service team is here to assist with any questions or concerns CustomerService@LiveandInvestOverseas.com

      • My Library
      Live and Invest Overseas
      • Home
      • Countries

        Top Destinations:

        Whether you’re looking for fun and sun, a peaceful retirement, or the chance to earn some extra income, you’ve got a real world of opportunity open to you… In short, we’ve done our best to narrow down your best options, but only you can decide the right country for you.

        • Spain
        • Portugal
        • Panama
        • Belize
        • Colombia
        • Cyprus
        • Mexico
        • France
        • Montenegro
        • Browse All Countries

        Best For:

        • The Best Places To Retire
        • Health Care Abroad
        • Cost Of Living
        • Investing in Real Estate
        • Establishing Residency
        • Gun Laws In The World
        • English-Speaking Countries
        • Safest Places For Retirement
        • Best Places In Latin America
      • Budgets

        How Much Will It Cost You To Live Overseas?

        The only honest answer is, we have no idea. And neither does anyone else. The only one who can answer that question is you. Here’s the most important thing to understand about budgeting your new life overseas…

        Super Cheap

        • Chitré, Panama
        • Santa Marta, Colombia
        • Phuket, Thailand
        • Dumaguete, The Philippines

        Cheap

        • Medellin, Colombia
        • Boquete, Panama
        • Kyrenia, Cyprus
        • Hua Hin, Thailand
        • The Algarve, Portugal

        Affordable

        • Valencia, Spain
        • Cascais, Portugal
        • Las Terrenas, The DR
        • Pisa, Italy
        • La Rochelle, France
        • Mazatlán, Mexico

        Luxury

        • Ambergris Caye, Belize
        • Kotor, Montenegro
        • The Panama City Beaches
        • Paris, France
      • Resources

        Global Living

        • Living & Retiring Overseas
        • Raising A Family Abroad
        • Foreign Residency & Citizenship
        • Offshore & Diversification

        Making Money

        • International Real Estate
        • Banking
        • Employment
        • Investing

        Follow Us:

        • Meet Our Experts
      • Real Estate

        Join our Weekly Newsletter
        Overseas Property Alert

        Sign up for our weekly newsletter to receive expert insights on the best international real estate investment opportunities.






          We Value Your Privacy! We will not share your email address with anyone else, period.

          Buying Real Estate For Cashflow

          • Discover tips and strategies used by global property investing veterans

          Explore Our Latest Posts

          • Learn how to invest and purchase property abroad…

          Go To The Overseas Property Alert Site

          • How To Become Independently Wealthy And Fund The Lifestyle Of Your Dreams
        • Conferences

          Upcoming Events

          • Explore Our Events Site

          International Property Summit

          Caribbean Virtual Conference

          Live and Invest In Spain Conference

          PANAMA CITY, PANAMA

          June 18-20, 2025

          VIRTUAL

          July 17-19, 2025

          Valencia, Spain

          Sep. 17-19, 2025

          LEARN MORE
          LEARN MORE
          PRE-REGISTER
          LEARN MORE
          PRE-REGISTER
          • MORE EVENTS

          Contact Our Events Team

          Toll-Free U.S. and Canada:
          1 (888) 627 8834
          From Outside North America:
          1 (443) 599 1221
          Working Hours
          Monday – Friday 08:00 am – 17:00 pm EST.

          Reach us with your questions by email at: events@liveandinvestoverseas.com

        • Store

          Unlock The World

          • Access Your Library

          Overseas Havens Reports

          • Expats' comprehensive destination guides

          Conference Kits

          • Hours of coverage  from our latests conferences

          Lahardan Books

          • Titles on living and investing around the world
          • Explore Our Store
          Your passport to a life well-lived abroad

          Services

          overseas living letter offers affordable retirement guidance
          The Simon Letter Wealth Protection Insights
          Global Property Advisor Global Investment Opportunities

          Our Customer Service team is here to assist with any questions or concerns CustomerService@LiveandInvestOverseas.com

        • My Library
        Live and Invest Overseas
         Homes Under $100k
        The World’s Cheapest Real Estate Investments In 2025 Revealed
        FREE REPORT: The World Cheapest Real Estate Investments In 2025
        Simply sign up to receive the FREE daily e-letter, Overseas Opportunity Letter, and our FREE weekly E-Letter Overseas Property Alert and we’ll immediately email you our editors’ latest research report… absolutely FREE






          We Value Your Privacy! We will not share your email address with anyone else, period.

          Home Real Estate

          The World’s Most Affordable Real Estate Buys In 2023

          The World’s Best Property Buy In 2023

          by Lee Harrison
          Jul 04, 2023
          in Real Estate
          0 0
          Colorful street in Granada Nicaragua

          Adobe Stock/Fotos 593

          I just reviewed a listing for a trendy, one-bedroom loft in downtown Sacramento, California. It was reasonably priced for this market at US$655,000… which, at 1,125 square feet, comes out to US$582 per square foot… or, as we normally measure it internationally, US$6,264 per square meter.

          I also recently completed our annual property survey, where I take a snapshot of what properties cost in various markets of interest around the world.

          Here’s some of what I learned:

          I can get a beautiful Spanish-colonial home in Granada, Nicaragua, for an average of just US$783 per meter (US$73 per square foot).

          A rental condo in the heart of downtown Santa Cruz, Bolivia, sells for US$913 per meter (US$85 per SF).

          In the Dominican Republic, an apartment in downtown Santo Domingo—with its lucrative rental returns—averages US$1,179 per meter (US$110 per SF).

          In the beautiful highland city of Arequipa, Peru, a home will cost about US$1,254 per meter (US$117 per SF).

          And a home that’s near the historic center in colonial Cuenca, Ecuador, will set you back US$1,258 per meter (US$117 per SF).

          But here’s a shocking reality…

          I can buy one property each in all five of these cities, and still not be up to the cost of that loft in Sacramento. All five properties above total up to US$5,387 per meter… almost US$900 per meter less than the single Sacramento loft.

          That loft may well be a good investment… but should you give up five properties around the world to get it?

          Let’s take a look at the five least-expensive markets in the survey.

          Granada: Still in a class by itself

          Granada, Nicaragua
          Cost per square meter: US$783
          Price change in 2022: Increased 57.5%
          Property trades in: USD

          Granada still takes the prize for the least-expensive property in the survey at just US$783 per meter (US$73 per square foot), even though the prices went up by an amazing 57.5%. Inventories are low this year, and premium colonials are becoming scarce… yet prices are still nowhere near as high as most colonial cities.

          I’ve long maintained that Granada is the best place in the Americas to buy a Spanish-colonial home, and they’re still a remarkable bargain.

          Granada offers a number of advantages to the property buyer.

          First, the homes in Granada are relatively small and manageable by colonial-home standards, so they’re easy to fix up and maintain. Also, the town is clean and friendly, and the weather is always warm. Granada is a small city of about 130,000 people. Over the years, there are few places where I’ve felt more comfortable and “at home” than Nicaragua.

          Desirability of a property is measured by its distance to the central plaza and cathedral, so stay within a few blocks of the plaza if you can. And in recent years, Calle La Calzada—which begins at the square—has also become a popular attraction, with restaurants, cafes, and nightlife. These days, proximity to La Calzada will attract buyers as readily as proximity to the square.

          Colonial homes start at around US$70,000. Expect to pay around US$85,000 for a fixer-upper near the square, and over US$130,000 for something that’s ready to go. Large colonials with center courtyards and pools in premium areas will go for US$190,000 and upwards to US$400,000.

          Don’t expect a quick capital gain in Granada. It’s best suited to those who want a Spanish-colonial home, in a colonial city, at a good price.

          Start Your New Life Today, Overseas






            We Value Your Privacy! We will not share your email address with anyone else, period.
            A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we'll send you a FREE report on the 10 Best Places To Retire In Style Overseas In .

            Santa Cruz, Bolivia, remains under the investor’s radar

            Santa Cruz, Bolivia
            Cost per square meter: US$913
            Price change in 2022: Decreased 14%
            Property trades in: USD

            Average prices dropped in Santa Cruz this year, but the numbers tell a more complicated story. The average apartment in the two-bedroom inventory today is about 20% larger than last year. And because larger apartments typically cost less per square meter than smaller ones, the average cost per meter is down.

            Overall, I’d say the market was almost flat, with the larger units accounting for much of the decline in cost per square meter.

            Like Granada, Santa Cruz is a Spanish-colonial city, founded in 1561. But unlike Granada, it’s a large city of about 1.7 million people.

            And frankly, if all you want is a Spanish-colonial lifestyle, there are dozens of options in the Americas that are more convenient than Santa Cruz, which lies seven hours from Miami.

            But for an investment, I like it for a few reasons.

            Unlike the more popular, high-altitude cities of Sucre and La Paz, Santa Cruz is the center of Bolivia’s wealth. For a rental that caters to business travelers (or the many government workers), this is where you want to be.

            Santa Cruz is one of the world’s fastest-growing cities, producing about one-third of Bolivia’s GDP and receiving most of Bolivia’s Foreign Direct Investment.

            I especially like the opportunity for geopolitical and economic diversification in Santa Cruz because it is well-outside the U.S. sphere of influence. It’s a great Plan B location, despite its cumbersome residency process.

            Properties in Santa Cruz are priced in U.S. dollars, so you won’t be exposed to exchange rate volatility.

            It’s worth noting that Bolivia has the world’s second-largest reserve of lithium… the critical element used in batteries that enable everything from cell phones to electric cars. Over a quarter of the world’s lithium is in Bolivia.

            Santa Cruz extends outward from the city’s center, where you’ll find the cathedral and the center square, Plaza 24 de septiembre. If you look on a map, you’ll see there are roads that encircle the downtown, like concentric rings. And when looking at real estate, I like to stay within the segundo anillo (second ring), for walkability and proximity to the government offices and tourist sites. In this market, I’d focus on modern properties, rather than colonial-style homes.

            Properties in this area of Santa Cruz are a nice size, with the two-bedroom units I reviewed averaging 106 square meters (1,136 SF). For a good rental, expect to spend around US$90,000, while a more upscale place for personal use will cost around US$110,000 or upward.

            Santa Cruz, Bolivia, is a good Plan B location because it’s geopolitically distant from the United States, with the added benefit of a good market for income properties… non-U.S. income. And as you can see, the entry price is quite low.

            A great time to invest in the Dominican Republic

            Santo Domingo, DR
            Cost per square meter: US$1,179
            Price change in 2022: Decreased 22%
            Property trades in: USD

            Most of the world conjures images of swaying palms and white-sand beaches when they think of the Dominican Republic, but Santo Domingo is just as unique and special as the country’s beaches.

            When it comes to Spanish-colonial cities, this is the original… the first. Founded around 1496 by the brother of Christopher Columbus (Bartolomé), Santo Domingo is the oldest European city in the Americas and the first seat of Spanish-colonial power in the New World.

            But today’s Santo Domingo is more than a beautiful example of Spanish-colonial architecture and history. It’s also the cultural, financial, political, commercial, and industrial center of the DR, as well as its primary port. Santo Domingo—with a population of over 4 million—is also the most populous city in the Caribbean.

            The average price of this year’s market inventory is down in Santo Domingo, by a healthy 22%. Many of the new, high-end buildings from previous surveys have been sold out, so the current inventory contains a mix of older and newer buildings.

            At these prices, rental returns look promising in Santo Domingo, with some units approaching 10% (net of property taxes and HOA fees).

            Historic Santo Domingo is beautiful, and I’m sure there’s a market for tourism-related income properties.  

            But my preference is to focus on the business traveler or the local entrepreneur who maintains a presence in Santo Domingo. These are my favorite tenants for an income property.

            Apartments in Santo Domingo tend to run big… there are hundreds of them for sale with areas larger than 150 square meters (1,614 SF). So I had to do some digging to find something in a smaller, cost-efficient size. The bigger units can rent—I saw a 540-square-meter unit, valued at US$700,000, renting for US$3,200 per month—but the returns are not as good as the smaller units.

            The Dominican Republic is also a fairly popular Plan B location, thanks to its convenient residency program and easy path to citizenship.

            Cuenca, Ecuador: A bargain property mainstay for almost 20 years

            Cuenca, Ecuador
            Cost per square meter: US$1,258
            Price change in 2022: Decreased 2%
            Property trades in: USD

            I moved to Cuenca in 2001, lived there for five years, and have returned many times since… so I can attest to the fact that it offers a great lifestyle with one of the lowest costs of living in the Americas. Today’s Cuenca is one of the world’s top retirement destinations, with thousands of North American and European expats in residence.

            This former Inca capital was settled by the Spanish in the mid-1500s, and the walkable historic center still maintains its colonial charm. The influx of expats has changed the character of the city somewhat, but it has also brought a generous number of cafés, restaurants, and ethnic dining that was formerly unknown in Ecuador. Overall, for most people, Cuenca is a more enjoyable place to live than when I first saw it.

            The town has over a half-million people, and enjoys a cool Andean climate with highs around 70°F (22°C) and lows around 50°F (10°C).

            Prices were down very slightly in 2022, after a 15% uptick in 2021. At US$1,258 per meter—for good-quality homes and an enviable lifestyle—Cuenca is hard to beat in Latin America.

            Most properties—especially rental properties—are judged by their distance to the town square or walkability to the historic center. So stay within that band if you can. If you’re buying a house in Cuenca to live there (rather than renting it out), then you’ll find nice properties in quite a few farther-flung neighborhoods.

            If you’re planning to rent your property out, consider renting it long term. Cuenca is one of the few markets where long-term rental returns compare favorably with (or outperform) short-term returns. This is because most property owners want to spend at least part of the year in Cuenca, so they’re reluctant to take on long-term renters. This leaves a shortage in the long-term market.

            A modern, convenient, two-bedroom apartment outside the historic center proper starts at about US$100,000. For a luxury apartment in a premium location, plan on spending over US$175,000 for around 100 square meters.

            Lee Harrison
            Senior Correspondent, Overseas Property Alert

            Tags: 'Dominican Republic''Nicaragua''real estate'affordable real estateboliviaBuy Real EstateCheap real estateCuenca Ecuadorgranadaproperty purchaseSanta Cruzsanto domingo
            Share237Tweet142
            Lee Harrison

            Lee Harrison

            Lee has been living overseas for nearly two decades, making his first purchase abroad in the colonial city of Cuenca, Ecuador. After that first investment, he traveled extensively across Latin America and Europe looking for the best property deals possible. Lee’s network of property insiders from those travels, along with his understanding of local cultures and languages, has helped him develop insight into local property markets that only the locals usually possess.

            Get Your Free Real Estate Report Today!
            Simply enter your email address below and we'll send you our FREE REPORT – The World's Cheapest Real Estate Investments In 2025 Revealed

            We Value Your Privacy! We will not share your email address with anyone else, period.
            Our Expertise Unlocks The World

            quick links

            • Best Places To Live
            • Best Places To Retire
            • Finding A Job Overseas
            • Real Estate

            LIOS Resources

            • New To LIOS
            • Ask An Expert
            • Media Center
            • Contact Us
            • FAQs
            the 10 best places to retire in 2025
            Sign up for our free daily e-letter, Overseas Opportunity Letter, and get your FREE REPORT: The 10 Best Places To Retire Overseas In 2025






              We Value Your Privacy! We will not share your email address with anyone else, period.

              As seen in

              US Media Logos

              © 2008 – Live and Invest Overseas™ – All Rights Reserved.

              About Us / Contact Us / Privacy Policy / Terms / Unsubscribe
              Facebook-f X-twitter Youtube Linkedin-in Instagram

              Welcome Back!

              Login to your account below

              Forgotten Password?

              Retrieve your password

              Please enter your username or email address to reset your password.

              Log In

              Sign up to receive the FREE daily e-letter, Overseas Opportunity Letter and our weekly e-letter Overseas Property Alert we’ll immediately email you our editors’ latest research report…

              POCKET MONEY BEACH
              REAL ESTATE

              FREE REPORT:






                We Value Your Privacy! We will not share your email address with anyone else, period.

                Sign up for FREE and learn how to live the good life on a modest budget, find bargain property, and more. Plus, check out our free report on the 10 BEST PLACES TO RETIRE.

                RETIRE OVERSEAS AND LIVE LIKE ROYALTY






                  We Value Your Privacy! We will not share your email address with anyone else, period.
                  HOME

                  Top Countries

                  • Spain
                  • Portugal
                  • Panama
                  • Belize
                  • Colombia
                  • Cyprus
                  • Mexico
                  • France
                  • Montenegro

                  Best For:

                  • Health Care Abroad
                  • Retirement Living
                  • Cost Of Living
                  • Investing in Real Estate
                  • Establishing Residency
                  • Gun Ownership
                  • English Speakers
                  • Safety
                  BROWSE ALL COUNTRIES

                  Budgets

                  How Much Will It Cost
                  To Live Overseas?

                  Super Cheap

                  • Chitré, Panama
                  • Santa Marta, Colombia
                  • Phuket, Thailand
                  • Dumaguete, The Philippines

                  Cheap

                  • Medellin, Colombia
                  • Boquete, Panama
                  • Kyrenia, Cyprus
                  • Hua Hin, Thailand
                  • The Algarve, Portugal

                  Affordable

                  • Valencia, Spain
                  • Cascais, Portugal
                  • Las Terrenas, The DR
                  • Pisa, Italy
                  • La Rochelle, France
                  • Mazatlán, Mexico

                  Luxury

                  • Ambergris Caye, Belize
                  • Kotor, Montenegro
                  • The Panama City Beaches
                  • Paris, France

                  Resources

                  Global Living

                  • Living & Retiring Overseas
                  • Raising A Family Abroad
                  • Foreign Residency & Citizenship
                  • Offshore & Diversification

                  Making Money

                  • International Real Estate
                  • Banking
                  • Employment
                  • Investing
                  Meet Our Experts

                  Real Estate

                  Overseas Property Alert 

                   

                  How To Become Independently Wealthy And Fund The Lifestyle Of Your Dreams

                  VISIT SITE

                  Buying Real Estate For Cashflow

                   

                  Discover tips and strategies used by global property investing veterans

                  READ MORE

                  Explore Our Latest Posts

                   

                  Learn how to invest and purchase property abroad…

                  EXPLORE

                  Conferences

                  INTERNATIONAL PROPERTY SUMMIT

                  PANAMA CITY, PANAMA June 18-20, 2025
                  LEARN MORE

                  CARIBBEAN VIRTUAL CONFERENCE

                  VIRTUAL July 17-19, 2025
                  LEARN MORE
                  PRE-REGISTER

                  Live and Invest In Spain Conference

                  Valencia, Spain Sep. 17-19, 2025
                  LEARN MORE
                  PRE-REGISTER
                  MORE EVENTS

                  Contact Our Events Team:

                  Toll-Free U.S. and Canada:
                  1 (888) 627 8834

                  From Outside North America:
                  1 (443) 599 1221

                  Working Hours
                  Monday – Friday 08:00 am – 17:00 pm EST.

                  Reach us with your questions by email at: events@liveandinvestoverseas.com

                  Store

                  Overseas Havens Reports

                  • Expats' comprehensive destination guides

                  Conference Kits

                  • Hours of coverage  from our latests conferences

                  Lahardan Books

                  • Titles on living and investing around the world

                  Services

                  • Overseas Living Letter: Affordable Retirement Guidance
                  • The Simon Letter: Wealth Protection Insights
                  • Global Property Advisor: Global Investment Opportunitites
                  VISIT OUR STORE

                  Free Report

                  THE 10 BEST PLACES TO RETIRE IN 2025

                  FREE REPORT: The 10 Best Places To retire in 2025

                  Sign up to receive the FREE daily e-letter, Overseas Opportunity Letter and we’ll immediately email you our editors’ latest research report…






                    We Value Your Privacy! We will not share your email address with anyone else, period.

                    LIBRARY

                    Follow Us:

                    © 2008 - Live and Invest Overseas - All Rights Reserved.