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In which country is inexpensive real estate for sale

December 10, 2024

When we wrote about real estate market research, which was conducted by EVANS in 40 countries, then described about countries whose residents to buy housing are very problematic. So, for example, in Morocco, to buy real estate, you need to save all the money earned within 67.5 years. Today we will talk about more optimistic results – in which countries the most affordable.

In the first place, the USA is in the first place of housing, where the average cost of housing is 95,536 euros. The income of the middle family in the amount of 35,384 euros per year allows such a family to buy housing in 2.7 years. In the Dominican Republic, a family with an average income of 9,576 euros for 3 and a half years can buy housing worth 33,516 euros.

In Chile, the purchase of housing on average will need a little more than 4 years. There the price of apartments is an average of 45,794 euros, and the family earns 11307 euros. In Europe, the most affordable apartments to residents of Sweden, where a house worth 119,536 euros family with an income of 28,461 euros can buy for 4.2 years. Approximately the same indicators in Belgium and Germany. But buying a house is not always the most profitable solution, sometimes you should think about building a house. Then certificates for building materials will save you on the purchase of building materials.

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