For the Price of a Tiny N.YC. Apartment, You Could Snag a Sprawling Villa in Calabria, Italy

Oct 31, 2024 714

New York City is consistently one of the most expensive places to live, so it’s no wonder more and more Big Apple residents are packing up their postage-stamp apartments and heading abroad in search of more space for less money. And, if you’re considering pulling a real-life Emily in Paris and escaping to Europe, you might be pleasantly surprised just how much more bang for your buck you can get when it comes to real estate

new study from My Dolce Casa, an expat-oriented blog about living and retiring overseas, has done the hard part and calculated what the same amount of money can buy you in the Mediterranean versus Manhattan. The website based its research on Realtor.com’s median listing price for a 500-square-foot apartment in New York City, which was approximately $750,000 or $1,500 per square foot. 

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SOURCE: https://robbreport.com/

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