You Can Trade Your NYC Condo for These 10 Mediterranean Properties

Manhattan, New York, is notorious for its high cost of living. The city is repeatedly ranked as probably the most expensive places to live on the planet.

Buying a 500-square-foot condo in New York City can cost you about $750,000, in line with research blog My Dolce Casa, which published its study on Real estate agent Data shows that the median price per square foot in the town was $1,500.

You can practically trade your small studio apartment in the town for a villa with over 650 square meters of floor space in Sicily (Italy) or go for other properties within the Mediterranean which are about ten times the scale of the studio.

This is what you get in 10 popular Mediterranean destinations for the value of a 500-square-foot apartment in New York City, in line with an August report from My Dolce Casa:

Plot size: 668 m²

Famous for its wealthy history, beautiful beaches and charming hilltop villages, Sicily in Italy is a preferred tourist destination. According to a report published in July by Worldmetrics.org.

Despite its popularity, you get lots on your money when buying property on the Italian island. Sambuca di Sicilia, a municipality in Sicily, made a splash in recent times when it auctioned houses with a starting bid of 1 euro.

Plot size: 371 m²

Known for its beautiful scenery, historic towns and world-class wines, the town has a mean price per square foot of $187. According to My Dolce Casa, you’ll be able to trade your studio apartment in New York for a house eight times greater within the Loire Valley.

Plot size: 3,289 square feet

Porto is the country's second largest city and is thought for its wealthy history, architecture and fortified wine. Here you’ll be able to buy a property that’s greater than six times the scale of a 500-square-foot apartment in New York. Portugal has develop into a hotspot for retirees because it is a secure and sunny, yet reasonably priced, destination to quiet down.

Plot size: 3,165 square feet

Tuscany in Italy is a preferred tourist destination, recording greater than 44 million overnight stays in accommodation establishments in 2022. Statesman.

Here, where the Leaning Tower of Pisa and Michelangelo's David statue are situated, you’ll be able to buy a property that’s six times the scale of a New York apartment.

Plot size: 322 m²

On the biggest Greek island, a plot of land costs a mean of $215 per square meter, in line with My Dolce Casa. You can trade your condo in New York for a 3,400-square-foot home on the island of Crete.

Plot size: 284 m²

Catalonia, which stretches for a whole lot of kilometers along the Mediterranean coast and where Barcelona is situated, welcomed greater than 18 million international tourists in 2023, in line with StatesmanHere you’ll be able to expect to get a house as much as 280 square meters in size, the report says.

Plot size: 2,830

The Canary Islands, a Spanish archipelago off the coast of Morocco, are also a preferred tourist destination, with around 14 million international visitors coming in 2023. accordingly StatesmanHere you’ll be able to trade your studio in New York for year-round good weather in a 260 m² house overlooking the Atlantic.

Plot size: 2,930 square feet

Known because the Italian Riviera, Liguria is home to a few of Italy's most picturesque destinations corresponding to Cinque Terre and Portofino. Known for nice food and stunning views, you should purchase a property here that's nearly six times the scale of a New York condo.

Plot size: 2,100 square feet

Located on the Mediterranean coast in southeastern France, the Provence region is home to Marseille, a preferred port city that recorded over 16 million tourist overnight stays in 2023, in line with recent data. DataThe world-famous French Riviera can also be situated in Provence and is home to the favored city of Cannes and the coastal town of St. Tropez.

For the value of a condo in New York City, you’ll be able to get a property 4 times larger in Provence.

Plot size: 2,131 square feet

Madrid, the capital of Spain, recorded 10.6 million visitors in 2023, in line with the Madrid Convention BureauThe city is often known as the financial center of Spain, is home to beautiful parks and has a vibrant arts scene.

Known as among the best destinations for expats, here you’ll be able to trade your New York apartment for a property of over 2,000 square feet.