The median worth per sq. foot in Manhattan, NY is $1,500, in line with My Dolce Casa.
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Manhattan, New York is notorious for being costly. Town constantly ranks as one of many world’s most expensive locations to reside in.
Buying a 500-square-foot condominium in New York Metropolis can price you about $750,000, in line with analysis weblog, My Dolce Casa, which primarily based its research off Realtor information exhibiting that the median worth per sq. foot within the metropolis was $1,500.
You possibly can successfully commerce your small studio residence within the metropolis for a mansion that sprawls over 7,000 sq. ft in Sicily, Italy, or go for different properties within the Mediterranean, about 10 instances the studio’s measurement.
Here is what you will get throughout 10 in style Mediterranean locations for the value of a 500-square-foot residence in New York Metropolis, in line with an August report by My Dolce Casa:
For the value of a 500 sq. foot residence in NYC, you will get a property over 7,000 sq. ft in Sicily, Italy, in line with My Dolce Casa.
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Sicily, Italy
Dimension of property: 7,212 sq. ft
Well-known for its wealthy historical past, lovely seashores and charming hilltop cities, Sicily, Italy is a well-liked vacationer vacation spot, seeing over 6 million guests a 12 months, in line with a July report by Worldmetrics.org.
Regardless of its recognition, you will get a giant bang to your buck buying actual property on the Italian island. Sambuca di Sicilia, a commune in Sicily, went viral in recent times when it auctioned off properties with beginning bids at one euro.
For the value of a 500 sq. foot residence in NYC, you will get a property over 4,000 sq. ft in Loire Valley, France, in line with My Dolce Casa.
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Loire Valley, France
Dimension of property: 4,013 sq. ft
Identified for its lovely panorama, historic cities and world-class wines, the place the typical worth per sq. foot is $187, you possibly can commerce in your NYC studio residence for a house that is eight instances larger in Loire Valley, in line with My Dolce Casa.
For the value of a 500 sq. foot residence in NYC, you will get a property over 3,000 sq. ft in Porto, Portugal in line with My Dolce Casa.
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Norte (Porto), Portugal
Dimension of property: 3,289 sq. ft
Porto, is the second largest metropolis within the nation and is thought for its wealthy historical past, structure, and fortified wine. Right here you should purchase a property over six instances the dimensions of a 500-square-foot NYC residence. Portugal has change into a scorching spot for retirees, as a protected and sunny, but inexpensive vacation spot to calm down in.
For the value of a 500 sq. foot residence in NYC, you will get a property over 3,000 sq. ft in Tuscany, Italy, in line with My Dolce Casa.
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Tuscany, Italy
Dimension of property: 3,165 sq. ft
Tuscany, Italy is a well-liked vacation spot amongst vacationers and noticed a greater than 44 million in a single day stays in vacationer lodging institutions in 2022, in line with Statista.
House to the Leaning Tower of Pisa and Michelangelo’s “David” statue, you should purchase a property that is six instances the dimensions of an NYC residence right here.
For the value of a 500 sq. foot residence in NYC, you will get a property over 3,000 sq. ft on Crete Island, Greece, in line with My Dolce Casa.
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Crete Island, Greece
Dimension of property: 3,488 sq. ft
On the most important Greek island, actual property prices a mean of $215 per sq. foot, in line with My Dolce Casa. You possibly can swap your NYC condominium to take pleasure in island-life in a house greater than 3,400 sq. ft in measurement on Crete Island.
For the value of a 500 sq. foot residence in NYC, you will get a property over 3,000 sq. ft in Catalonia, Spain in line with My Dolce Casa.
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Catalonia (Barcelona), Spain
Dimension of property: 3,061 sq. ft
Catalonia, spanning a whole lot of miles on the Mediterranean coast, and residential to Barcelona, welcomed greater than 18 million worldwide vacationers in 2023, in line with Statista. Right here, you possibly can anticipate to get a home as giant as 3,000 sq. ft, in line with the report.
For the value of a 500 sq. foot residence in NYC, you will get a property over 2,800 sq. ft within the Canary Islands, Spain, in line with My Dolce Casa.
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Canary Islands, Spain
Dimension of property: 2,830
The Canary Islands, a Spanish archipelago situated off the coast of Morocco, can be a well-liked vacationer vacation spot. In 2023, it noticed about 14 million worldwide guests, in line with Statista. Right here you possibly can swap your NYC studio to take pleasure in good climate all year long in a 2,800 sq. foot dwelling overlooking the Atlantic Ocean.
For the value of a 500 sq. foot residence in NYC, you will get a property virtually 3,000 sq. ft within the Italian Riveria, in line with My Dolce Casa.
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Liguria (Italian Riviera), Italy
Dimension of property: 2,930 sq. ft
Liguria, famously referred to as the Italian Riviera, is dwelling to a few of Italy’s most picturesque locations like Cinque Terre and Portofino. Identified for its good meals and breathtaking views, right here, you will get a property that’s virtually six instances the dimensions of an NYC condominium.
For the value of a 500 sq. foot residence in NYC, you will get a property over 2,000 sq. ft in Provence, France, in line with My Dolce Casa.
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Provence-Alpes-Côte d’Azur
Dimension of property: 2,100 sq. ft
The Provence area sits on the shoreline of the Mediterranean in southeastern France, and is dwelling to Marsille, a well-liked port-city that noticed over 16 million vacationer in a single day stays in 2023, in line with current information. The world-famous French Rivera can be situated within the Provence area, housing the favored metropolis of Cannes and coastal city of St. Tropez.
For the value of a condominium in New York Metropolis, you will get a four-times bigger property in Provence.
For the value of a 500 sq. foot residence in NYC, you will get a property over 2,000 sq. ft in Madrid, Spain, in line with My Dolce Casa.
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Madrid, Spain
Dimension of property: 2,131 sq. ft
Madrid, the capital metropolis of Spain, noticed 10.6 million guests in 2023, in line with the Madrid Conference Bureau. Town is named Spain’s monetary middle, homes lovely parks and has a bustling artwork scene.
Often called top-of-the-line locations for expats, you possibly can commerce your NYC residence for a property greater than 2,000 sq. ft in measurement right here.
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