'A property with stunning bay views for just €100,000: this country tops the list of budget destinations.'

If you've ever dreamed of buying an affordable home abroad and moving there to live the life of an expatriate, 2023 is a great time to buy real estate around the world, according to Ronan McMahon, an international real estate expert. "There is an increasing shortage of quality real estate in highly desirable locations, but at the same time demand is increasing," McMahon told Forbes. "We can still buy at a big discount compared to comparable locations and real estate in the U.S., but that window will close soon," he added. At the top of his list of lucrative destinations for buying real estate is Montenegro, reports Investitor.

"In the early 2000s, real estate buyers rushed to Croatia, taking advantage of the''opportunities in historic Dubrovnik and Split. Today, the opportunities in Croatia have passed. Real estate prices have moved closer to other Mediterranean destinations. However, things are different on the southern Dalmatian coast. Montenegro is as beautiful as Croatia, but because it has not yet joined the European Union, it is not thriving like Croatia and real estate prices are still relatively low," he said.

In Croatia in the late 1990s and early 2000s, you could buy an apartment with a sea view for 100,000 euros. "Today you would have to pay several times that.