Plovdiv, Bulgaria

Also known as “The City of the 7 Hills,” Plovdiv is the 2nd largest city in Bulgaria and is considered a significant economic, transport, cultural, and educational center.

The cost to purchase a property in this historic city is about US$972 per square meter.

Bucharest, Romania

Bucharest has undergone some restoration and nowadays features walking streets, sidewalk cafes, churches, museums, and restaurants. The historic city has its own share of culture and arts, as well as architecture and education. The average price of owning in Bucharest is US$1,430 per square meter.

Istria, Croatia

Overlooking the Adriatic Sea, Croatia offers both coastal and inland retirement options in Istria. This fairytale-like area is one of the most affordable areas of Southern Europe, where you could purchase an apartment in Pula.

Valletta, Malta

The jewel of the Mediterranean offers many advantages, as excellent health care among others. However, Malta imposes restrictions on foreigners purchasing property, as you should spend 100,000 euros for an apartment and at least 175,00 euros for a house.

Algarve, Portugal

Today, Algarve is home to more than 100,000 resident ex-pat retirees and is known as a top summer destination among European sun-seekers. You must spend US$1,345 per square meter on average to buy a place of your own in Portugal’s Algarve.

Budva, Montenegro

The 2,500-year-old city on the Adriatic boasts one of the most well-preserved medieval walled centers. In order to purchase your own property in seaside Budva, you must spend US$1,839 per square meter.

Dublin, Ireland

Ireland’s property prices have increased during the last years due to its recovering economy. The average cost to purchase a property in Dublin District 2, which is one of the best choices for rental investment and ex-pat lifestyle, is US$3,975 per square meter.

Athens, Greece

The decrease in property values in Greece reflects the economic crisis. The historic Greek capital offers a wide variety of options and the average cost of owning in Athens today is US$2,116 per square meter.

Abruzzo, Italy

Abruzzo is among the most affordable spots in Europe. This sparsely populated province boasts beautiful views resembling those of Tuscany or Umbria. Since the area features both coastal and mountain lifestyle options, you could buy an apartment for as little as US$1,015 per square meter.

Corfu, Greece

Located in the Ionian Sea, Corfu is one of the most beautiful Greek islands and a much-loved tourist destination. Today, the island has become even more popular with people who would like to live there all year round, with the owning cost to be estimated at around US$1,300 per square meter.