This video is closed captioned in English and Spanish subtitles
Hello Travelers.
Welcome everybody.
This is Anthony, also known as the Travel Droner.
Here on this channel we create videos discussing amazing
travel facts and amazing destinations.
In today's video, we are going to talk about the 10 best
countries where you can buy yourself a beautiful vacation
home. It will help you save a lot of money for your stay
during vacations.
Second, a property in a different country is a significant
investment, so why not?
Shall we begin with the list?
Wait.
Before we start with the video, please join us on our journey
worldwide by subscribing to our channel.
Please click the Bell icon to get notified when we publish
a new video.
I hope you enjoy it.
Number 10, France As beautiful as this country is, the cost
of property is equally high.
If you usually visit France and want to buy a vacation home
at an affordable price, don't forget to explore the countryside
where you can connect with nature and spend some time in
peace. Central Paris is the most expensive place to live
in France.
You can buy a property in Paris for an average price of
10.460 per square meter.
The cheapest place to buy property in France in 2021 is
the industrial town of St. Etienne.
Property prices here are just 1000 euros per square meter
or an apartment in the town Center.
The city of Rennes and the city of Lyon have become areas with
the fastest growing property prices in France.
Number nine, Croatia Croatia is situated in South Central
Europe and Mediterranean region.
People are nowadays taking Croatia for serious property investments.
All credit goes to Croatia's.
Well presented deserve natural beauty and good connectivity,
making it one of the best options to invest in residential
or commercial property.
Though the property price has increased in the country since
it has become an investor's desirable place to buy a house,
you will cover up for it easily from rent.
Even if you pay extra to buy a vacation house in Croatia,
you can sell the property whenever you want because there
is always someone to buy themselves land in this beautiful
tourist destination, the average property price in Croatia
is 1630 euros per square meter.
However, the price per square meter can vary wildly depending
on property size, whether or not the property has been recently
renovated, location in the city, proximity to the city Center
and sea if you want to buy property in Croatia.
It may cost you 100.000 euros for a studio or a small one-bedroom
200.000 euros for a renovated two-bedroom apartment.
300.000 euros to 400.000 euros for a house but not seafront
500.000 euros for Villa 600.000 euros and above for seafront.
Villa number eight Greece Greece has always been famous among
Tourists across the globe for a great vacation country.
It's well preserved Islands, famous white houses in Mediterranean
infrastructure make Greece One of the most versatile and
unique countries to explore.
Though Greece has suffered a lot in the past, it is gaining
its pace again.
And who can keep the tourists away from Greece?
It is the Prime reason why Greece has made it on our list of
countries to buy your vacation house.
Greece will never bore you.
Every time you go on vacation, you can explore a new Castle.
There are about 6000 Islands in Greece.
Around 227 of them are inhabited Rhodes.
Lesbos Corfu, Santorini and Mykonos are the most famous Island
locations among affluent property buyers.
Prices per square meter in Greece are lower than in most
European countries.
In many locations, they do not exceed 1500 euros.
Another advantage of investing in Greece is the opportunity
to obtain a European residence permit with it, which qualifies
one for the purchase of property above 250.000 euros.
Number seven, Malta Malta is an aesthetic country in terms
of buildings, towns and infrastructure.
I know you must be thinking every tourist destination looks
beautiful. What is different in Malta?
Well, Malta has a stable government promising economy and
a favorable tax regime due to many people either relocating
to Malta or investing in property.
You will find that property prices in Malta are slightly
cheaper than in other parts of Europe.
For example, a city Center apartment in Malta will cost just
over 2 208 euros.
A similar apartment in the UK will cost you much more.
Number six, Costa Rica in Costa Rica You may find the property
price a little too high or competitive to the price you are
getting in other countries, but Costa Rica has a lot to offer,
not only in terms of beauty.
Costa Rica has a stable economy, favorable tax regime, and
the country provides the citizens with many facilities like
health benefits, educational benefits, etc.
If you want stability in life and want to enjoy perks provided
by government, investing in a property in Costa Rica is the
best option.
The most expensive and fast to selling properties in Costa
Rica are in the Central Valley, the greater Metropolitan
area, including San Jose, Al, Joela haredia and Escazu, where
most businesses are at the Pacific Coast.
The least expensive properties can be found in new developments
in Costa Rica Southern region, such as the OSA Peninsula.
In San Jose, the country's capital.
The average listing price of houses is at an average of
1623 US dollars per square meter.
Number five, Cyprus Cyprus is well qualified a country to
buy yourself a vacation home from.
With the growing tourism in Cyprus, real estate demand is
also increasing.
It is easy to buy a property in Cyprus, yet it is advised
to get help from a qualified real estate agent who can help
you invest in the best property.
As in the UK, Cyprus does not use a notarized system to
transfer property ownership, so there are no Notary fees
incurred. Transfer taxes banned for a real estate property.
The maximum rate is 8% for anything over 170.000 euros, but
right now it's discounted.
Buyers should note that transfer tax due is only confirmed
on the day of the title transfer in Cyprus.
It is based on a property valuation by the land registry
and not the actual purchase price.
Although typically these two match.
Other costs for the purchase include independent legal fees
of 1% of the purchase price, plus VAT a stamp duty of 620
euros and land registration and other disbursements of 120
euros. The total cost of purchasing a 350.000 Euro property
in Cyprus would be in the region of 365.505 euros.
Number four, Mexico Mexico has an incredible diverse beauty
to offer to its travelers with peaceful beaches and turquoise
blue waters.
Most people prefer to buy a vacation home in Mexico because
the exchange rate in Pesos charges them much less than what
it costs in their currency.
Mexico is developing every day and it is one of the best
tourist destinations.
So before it's too late, start looking for a property to
invest in Mexico.
There's quite a bit of variation in the cost of living between
cities. In Mexico, the capital, Mexico City, tends to have
prices much higher than anywhere else.
The average price of the property in Mexico has estimated
one bedroom apartments in the city Center at 550 dollars.
One bed apartments outside the Center is 250 dollars.
A three bed apartment in the city Center is 1,000 dollars,
and a three bed apartment outside the city Center is 600
dollars per square meter.
On a coastal city like Cancun, the prices going up to 3,000
dollars per square meter for ocean front property.
Number three, Panama If you are thinking of investing in
a vacation house in Panama, believe me, you are moving in
the right direction.
It is easy to buy a property in Panama, and the real estate
Department has a lot to offer to foreign land owners.
Everyone enjoys the same facilities as the citizens of Panama.
When a country provides you with better laws, it is hassle
free to buy and maintain a home.
In Panama, there is no restrictions to a property in Panama.
You can buy a fully built house, a condo, or a penthouse
as per your choice, and enjoy your vacations in Panama City,
the country's capital.
In largest city, the average price of apartments fell 4%.
That's 2,007 Us dollars per square meter in August of 2020,
according to the classifieds platform.
On the other hand, the average house price is increased by
a minuscule 8% to 1501 dollars per square meter over the
same period.
Number two, Turkey As many people visit Turkey more than
once, they usually prefer to buy a vacation house there so
they have a place to call their own in a country so beautiful
like Turkey.
Moreover, for years Turkey has always been a significant
attraction for real estate investments by foreigners.
There is no particular rate for property in the country.
Valuation depends on the location where you want to buy a
vacation house.
They can start at 10,000 dollars to 300,000 dollars.
It's faster for locals to buy a property in Turkey.
In terms of the paperwork involved, they can obtain the title
deeds within a few days.
As a foreigner, you will have to go through the process of
obtaining permission from the military first, foreign citizens
are not allowed to purchase property too close to military
basis. The applications proceed at a local level.
However, waiting time can take up to four weeks.
Find the best location for you and invest in the property
available in this historical place.
Last but not least number one, our list is Portugal.
Portugal has gained some talking among travelers nowadays.
And why not?
Because this amazing country has a lot to offer.
Its nature is excellent, its culture is captivating.
Cities like Porto in Lisbon attract tourists all across the
world. Buying property in Portugal is becoming more and more
expensive. First quarter of 2,020, the median price of housing
was 1117 euros per square meter, 3.3% more than in the previous
quarter, and 10,5% more than in the same period last year.
The median price of housing summary in Portugal remained
above the National value.
The previously referred to 1117 euros per square meter.
In the regions of Algarve, the amount is 1668 euros per square
square meter.
Lisbon Metropolitan area costs around 1515 euros per square
meter. Madeira Autonomous region costs 1250 euros per square
meter, and Porto Metropolitan area costs 1136 euros per
square meter.
These are the 10 best countries to buy a vacation house for
yourself. In which country would you prefer to buy a vacation
house? Let us know in the comments section below if you found
this video helpful.
Let us know by giving a thumbs up.
And don't forget to share the video with your fellow travelers.
See you in the next video till then.
Invest well.