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The Top 3 Foreign Real Estate Bargains Probably Aren't What You Expect

Have you always dreamed of buying an old house in Italy or France? Change that goal to Turkey or Greece and you may find the dream is more affordable than you imagined.

Analysts looked at real estate data from 36 developed (OECD) countries and calculated the places where you'll get the most home for the least money. By these rankings, Turkey is the most affordable country for home shoppers, with an average cost of $69 per square foot. No. 2 for affordability is Mexico, where the average dwelling comes in at $90.10 a square foot (by the rough math, that could get you a 1,000-square-foot dwelling for around $90,000). Russia and Latvia come in at three and four, while Greece, with an average of $149 a square foot, rounds out the top five. We here at Castles have found a property from each of the top three countries to showcase, in order to give you the best idea what you can get for your money.

#1: Turkey

In Balikesir, Tukey, this beautiful stone house has a view of the sea and a lovely under-terrace courtyard. This house built in 1890 is rich in history and it is also newly renovated with high ceilings. This home has plenty of space for the whole family with its spacious rooms and two-story layout. To see this property in its entirety, click the following link:

#2: Mexico

Casa Chorro stands proudly above El Chorro– San Miguel's legendary source of water discovered in the 16th Century– close to other notable landmarks such as the Casa de la Cultura at the end of a picturesque cobblestone lane in one of the best residential neighborhoods in the Historic Center. A truly exceptional property and easily one of San Miguel de Allende's most distinguished homes, the fine, Spanish colonial, hacienda-like estate owned by a prominent media executive is securely ensconced within the walls of its own park on three-quarters of an acre. The terraced compound occupies one of the largest private parcels of land in the old town and echoes a bygone era of elegance with outstanding construction, masterfully crafted materials, and state-of-the-art amenities. For more information, click for the following link:,Guanajuato-SanMigueldeAllende.html

#3: Russia

This home is very sleek and modern with a light brick exterior and large windows. On a large, private plot of land, this home's sauna and swimming pool make it the perfect place to relax. The home includes two buildings, both with multiple bathrooms and bedrooms. The house also includes a home theater and grounds with immaculate landscaping. For more information, click the following link:,villageLetovo-NewMoscow.html