Real estate for €30,000: a compromise or a smart investment?
- Real estate for €30,000: dream or reality?
- Investing in foreignreal estate: profitable options in Europe
Real estate for €30,000
Real estate priced around €30,000 can be quite an interesting choice, as its characteristics vary from condition and size to location. Such options remain attractive for both personal living and investment. The key is to choose the right property.
Architect Anton Garustovich recommended paying attention to the international housing market, and he found five apartments that can be purchased for up to €30,000 (possibly even less). Are you interested in realizing your dream of living in such an unusual place?
Apartment in Italy
The first apartment is located in Italy, on the island of Sicily, and costs €30,000. As Garustovich noted, Italy is famous for its regions that are suitable for long vacations, such as sabbaticals, which provide an opportunity to temporarily forget about work routines and everyday life.
However, when purchasing real estate, one should be cautious: some listings offering apartments for a symbolic price of €1 can turn into colossal investments in renovations, reaching hundreds of thousands of euros.
Let's move on to the apartment in Alexandria della Rocca, Italy. This cozy one-bedroom accommodation has two bathrooms. Sicily is particularly interesting due to its exceptional culture, rich history, and unique conditions for purchasing real estate.
This region is perfect for summer vacations by the sea and for those who want to escape the hustle and bustle of the city while enjoying the quiet and picturesque nature. In Sicily, there is no excessive noisy lifestyle, which allows you to fully enjoy the surrounding landscapes.
Apartment in Bulgaria
The next apartment is located in Bulgaria and costs only €24,000. It is a studio measuring 28 square meters, situated on the second floor of a four-story building not far from the Sveti Vlas coast. If you are interested in investment potential, Bulgaria is worth considering.
This country is a member of the EU, and starting from April 1, 2024, Schengen visas will be issued here. The complex where the apartment is located has many amenities:
- Six pools
- Tennis court
- Restaurant
- Store
These amenities make this accommodation even more appealing. The beach is located just 3 kilometers away, which affects the price and increases the attractiveness of the property.
Additionally, it is worth considering that Bulgaria is conveniently located near countries such as Montenegro, Romania, Serbia, Greece, and Turkey. This creates the opportunity not only to enjoy life in your apartment but also to explore the magnificent surroundings.
Conclusion
By exploring real estate options in these countries, you not only get a chance to enhance your quality of life but also to make successful investments. Each of the mentioned apartments has its own advantages and serves as a gateway to a new world of opportunities.
Alternative: buying property for rental.
As an alternative, one could consider purchasing real estate for subsequent rental. Finding tenants, in my opinion, shouldn't be a difficult task.
In recent years, Vilnius has confidently established itself as one of the leading business centers in Europe, hosting offices for numerous international companies. The Lithuanian authorities are actively modernizing the business infrastructure: new business complexes and office spaces are being constructed. Thus, by purchasing real estate in Lithuania now, you are opening a "door to Europe" for yourself.
Rise in real estate prices
The growth of economic activity has undoubtedly affected real estate prices in the country. I found a very interesting apartment priced just above €22,000, but it's worth noting that its area is only 11 square meters. Nevertheless, it is located in a new building and has a high level of renovation.
In my opinion, such a purchase could be a profitable investment, as the value of this apartment will increase, and later it can be sold for at least the same amount or even more.
Real estate in Latvia
As for Latvia, there is a wonderful one-bedroom apartment in Riga for €29,000. It has an area of 15 square meters and is located on the first floor of a four-story building.
In the capital of Latvia, a completely unique business environment has developed, focused on the maritime industry, logistics, and tourism. Notably, it is not necessary to work remotely here — there are plenty of on-site job vacancies available.
I know several entrepreneurs who live in Latvia and consider it a wonderful place to live. The apartment has been renovated to a high standard and is ready for immediate occupancy. The building is located near the historic city center, and nearby there are:
- Park
- Shopping center
- Sports facilities
- Children's playground
Riga, overall, is a picturesque city with a unique architectural appearance.
Georgia as an attractive investment opportunity
It is also worth paying attention to Georgia, which offers attractive investment opportunities. For example, in Batumi, you can buy a studio for €24,000. This one-room apartment has an area of 30 square meters and is located on the fourth floor.
In recent years, Georgia has stood out among other countries. Many specialists from various fields who work remotely have moved to Tbilisi for permanent residence. The attractive climate, relatively low prices, and stunning nature are the main factors drawing people to this country.
Currently, new buildings are being offered on the Batumi coast at very affordable prices, significantly below 30,000 euros. This is an excellent investment opportunity, as Batumi resorts are becoming increasingly popular, and this trend is expected to continue in the coming years.
Conclusion
In conclusion, reflecting on real estate priced up to €30,000, I cannot help but note that these offers present a unique opportunity for those willing to consider alternative housing options, both for living and for investment.
Each of the offered apartments, whether in sunny Sicily, picturesque Bulgaria, or progressive Lithuania, provides an opportunity not only to change your surroundings but also to gain access to new cultures and lifestyles that can become a source of inspiration and new experiences.
Compromises and Opportunities
On the other hand, the compromises I mentioned earlier—whether it's insufficient space or the need for repairs—highlight the important detail that such an experience can only be embraced by someone who is open to new opportunities and ready to take on a challenge.
Against the backdrop of rising real estate prices in major cities, such options remain consistently attractive, especially for those who understand:
- The main thing is not the price, but the opportunity to create your own corner in the country you have dreamed of.
I would like everyone to reflect and find that perfect option that suits them best.
New horizons
Perhaps this apartment in Riga will become not just a place to live, but a starting point for a new chapter in your story, or the balcony with a view of the mountains in Georgia will become an oasis for a secluded escape from the hustle and bustle of the city.
It's important to remember that investing in real estate is not just about financial feasibility, but also about the opportunity to realize your dream and become part of another world.
Result
In the end, the journey of life is made up of these small steps, and I sincerely hope that my article has inspired you to find your perfect place to live.
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