Buying real estate abroad is a dream for many. Someone is planning a new life in a new country; someone wants to use an apartment or house by the sea as a "vacation home"; others are investing their savings in getting rental income or a subsequent sale.

With the reduction in tourist flow, buying such a home has become easier and cheaper. Let's consider in our article which countries are worth looking at in 2022.

Is now the best time?

As the numbers show, many countries still have a significant discount on purchasing real estate. Therefore, the first or second quarter of 2021 - is the best time to make the long-held dream come true. So if you want to breathe in the sea air, sit on your balcony, or walk through an olive grove near his villa, do not put off the desire in a distant drawer.

The main thing is to choose the country and the object, such as сalifornia homes for sale https://mlsworldwide.com/en/sale-united-states-california-residential-house, find options for the flight or make a deal remotely if the borders are still closed. And then such a purchase will be a profitable investment.

A good but less ideal than America is buying real estate in Italy.

Italy

Italy has always been one of the most attractive countries for buying real estate. The mild Mediterranean climate, gastronomic diversity, and the best wine-growing regions.

It is worth noting that many people can buy property in Italy, but not all foreigners. This possibility depends primarily on the availability of a valid agreement on mutual investment between Italy and a particular country.
The situation with pandemic did not bypass the local real estate market. According to analysts, prices fell by an average of 16%. It's a great time for a deal. Especially since the conditions for obtaining credit are quite favorable - interest rates of 2.8% and a loan term of up to 15-30 years.

In addition, some cities have recently announced a real sale of housing.

This is how the authorities are trying to attract new residents. For example, recently, such a statement was made by the commune Biccari in southern Italy - a house there you can buy at 7.5 thousand euros. In general, in the country's south, the price per square meter is much lower. For example, in Liguria, a one-bedroom apartment costs 350,000-400,000 euros, while Calabria - 65 000-100 000 euros.

If you are attracted by a hot climate and proximity to the sea coast, consider real estate in Campania, Calabria, Puglia, Sicily, or Sardinia. However, the northern regions value Piedmont and Valle d'Aosta for their famous ski resorts. In this case, in Piedmont, the income from renting an apartment will be 200 euros a week.