You Can Trade Your New York Apartment for These 10 Mediterranean Properties | Wilnesh News

Manhattan, New York, is notorious for being expensive. The city is consistently ranked as one of the most expensive to live in the world.

According to research blog My Dolce Casa, buying a 500-square-foot apartment in New York City costs about $750,000 real estate agent The city’s median per square foot is $1,500, according to the data.

You can effectively trade a small studio apartment in the city for a mansion of over 7,000 square feet in Sicily, Italy, or choose other properties in the Mediterranean that are about 10 times the size of a studio apartment.

Here’s how much you can buy a 500-square-foot apartment in New York City and what you can find in 10 popular Mediterranean destinations, according to an August report Report Through my sweet home:

Known for its rich history, beautiful beaches and charming hilltop towns, the Italian island of Sicily is a popular tourist destination, receiving more than 6 million visitors annually, according to a July report world metrology organization.

Despite its popularity, buying real estate on the Italian island will get you the most bang for your buck. The Sicilian commune of Sambuca di Sicilia has become popular in recent years for auctioning houses for prices starting at one euro.

Property Size: 4,013 sq. ft.

Known for its beautiful scenery, historic towns, and world-class wines, with an average price per square foot of $187, you can trade a studio apartment in New York City that’s eight times larger in the Loire Valley, according to My Dolce Casa ‘s residence.

Porto is the country’s second-largest city, known for its rich history, architecture and fortified wine. Here you can buy six times more than a 500-square-foot apartment in New York. Portugal has become a popular destination for retirees as it is a safe, sunny and affordable place to settle down.

According to statistics, Tuscany, Italy, is a popular destination for tourists, with more than 44 million people staying overnight in tourist accommodation in 2022. politician.

It’s home to the Leaning Tower of Pisa and Michelangelo’s “David” statue, and you can buy property six times the size of a New York apartment.

Stretching for hundreds of miles along the Mediterranean coast, Catalonia is home to Barcelona and is expected to welcome more than 18 million international tourists in 2023 politician. Here, you can reportedly expect to get a house with an area of ​​up to 3,000 square feet.

The Canary Islands are a Spanish archipelago off the coast of Morocco and a popular tourist destination. In 2023, the number of international tourists will be approximately 14 million, according to politician. Here, you can swap out your New York studio and enjoy year-round weather in a 2,800-square-foot home overlooking the Atlantic Ocean.

The Provence region, located on France’s southeastern Mediterranean coast and home to the popular port city of Marcil, saw more than 16 million overnight visitors in 2023, according to the latest figures. data. The world-famous French Rivera is also located in the Provence region, home to the popular city of Cannes and the coastal town of Saint-Tropez.

For the price of a New York City apartment, you can buy a property four times the size in Provence.

According to statistics from Madrid, the Spanish capital, the number of tourists will reach 10.6 million in 2023. Madrid Convention Bureau. Known as the financial center of Spain, the city has beautiful parks and a bustling arts scene.

Known as one of the top destinations for expats, you can trade your New York apartment for a property with over 2,000 square feet.

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