20 Affordable Cities for Your Dream Vacation Home

Seeking a vacation home doesn’t always mean draining your bank account for a spot in the world’s priciest locales. There’s a world of affordable, inviting destinations where the American dollar stretches further, offering the allure of second-home ownership without the luxury price tag. Here’s a countdown of the most affordable vacation home locations for Americans internationally, blending low costs with high appeal.

#20. Montevideo, Uruguay

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Uruguay’s capital offers a blend of beachside charm and urban living. Montevideo’s welcoming atmosphere and affordable real estate market make it a hidden gem for those looking to own a piece of South America without the hefty price tag, with properties starting under $100,000.

#19. Cuenca, Ecuador

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Cuenca is renowned for its colonial architecture and vibrant cultural scene. The cost of living is low, and Americans can find charming properties in the historic center for as little as $80,000, making it an appealing spot for retirees and remote workers.

#18. Granada, Nicaragua

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With its colorful buildings and rich history, Granada offers lakeside living at a fraction of the cost you’d find elsewhere. Cozy homes in the city can be snapped up for around $70,000, providing a tropical retreat that’s both affordable and picturesque.

#17. Chiang Mai, Thailand

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Chiang Mai attracts those looking for a peaceful retreat with its temples, markets, and mountainous landscape. The cost of living is remarkably low, and condos in the city center are available for less than $50,000, offering a serene escape with modern amenities.

#16. Óbidos, Portugal

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This medieval town in Portugal is a world away from the pricier coastal cities, offering characterful homes from just $150,000. Óbidos provides a step back in time with its walled city and cobblestone streets, paired with the allure of Portuguese culture and cuisine.

#15. Veliko Tarnovo, Bulgaria

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As one of Bulgaria’s historic gems, Veliko Tarnovo offers stunning views and medieval charm. The real estate market here is surprisingly affordable, with family homes available for under $100,000, nestled in a region rich with history and natural beauty.

#14. Plovdiv, Bulgaria

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Plovdiv, one of the oldest cities in Europe, combines history, culture, and affordability. Its charming Old Town and vibrant arts scene make it an attractive location for a second home, with prices starting around $60,000.

#13. Penang, Malaysia

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Penang is a cultural melting pot, offering stunning beaches, a UNESCO World Heritage city center, and some of Malaysia’s best cuisine. Condos near the beach can be found for under $100,000, providing a tropical lifestyle that’s both exotic and affordable.

#12. Languedoc, France

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While France is home to some of the world’s most expensive real estate, the Languedoc region offers affordability along with vineyards, historic towns, and Mediterranean beaches. Village homes start at around $150,000, offering a taste of the French lifestyle without the Riviera price tag.

#11. Abruzzo, Italy

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Italy’s Abruzzo region offers stunning landscapes, from mountain villages to Adriatic beaches, all at a fraction of the cost of the country’s more famous destinations. Rustic homes in need of a little TLC can be found for under $50,000, perfect for those looking to put their stamp on an Italian retreat.

#10. Algarve, Portugal

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Known for its stunning beaches, golf courses, and sunny climate, the Algarve is surprisingly affordable. Properties here offer great value, with apartments and villas available from $150,000, providing access to one of Europe’s most sought-after destinations without the expected price tag.

#9. Lake Atitlán, Guatemala

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Surrounded by volcanoes and traditional Mayan villages, Lake Atitlán is a serene spot for a vacation home. With a strong expat community and properties starting around $60,000, it’s an affordable slice of paradise.

#8. Cape Town, South Africa

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Cape Town boasts breathtaking landscapes, a vibrant cultural scene, and affordability. The favorable exchange rate means Americans can buy properties in sought-after areas like the Western Cape for under $100,000, combining luxury living with stunning natural beauty.

#7. Merida, Mexico

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Merida offers colonial charm, a warm climate, and a welcoming expat community. With historic homes in the city center available for under $150,000, it’s a budget-friendly option for those seeking a cultural hub with modern amenities.

#6. Boquete, Panama

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Nestled in Panama’s highlands, Boquete is known for its coffee plantations, flower gardens, and a comfortable climate. The cost of living is low, and homes in this expat-friendly town can be found for under $200,000, offering a tranquil lifestyle amidst lush greenery and vibrant community life.

#5. Belize

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Belize presents a unique mix of Caribbean and Central American cultures, with English as its official language, making it an easy transition for American buyers. Beachfront properties and homes in expat communities like Ambergris Caye and Caye Caulker start at around $150,000, allowing for a laid-back island life with the allure of clear blue waters and rich marine life.

#4. Coimbra, Portugal

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Coimbra, a riverfront city steeped in history and famed for its ancient university, offers an affordable entry into European living. With properties starting around $100,000, it’s a lesser-known gem providing a blend of academic tradition, architectural beauty, and a vibrant cultural scene without the hefty price tag of more popular Portuguese cities.

#3. Sarajevo, Bosnia and Herzegovina

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Sarajevo is a city of resilience and charm, offering a rich history, diverse culture, and welcoming atmosphere. The real estate market here is remarkably affordable, with spacious apartments and homes in the city available for under $100,000. It’s an opportunity to own a piece of a city that has beautifully melded its past and present.

#2. Atenas, Costa Rica

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Atenas is celebrated for having one of the best climates in the world, according to National Geographic. This small town in the Central Valley has become a favorite among expats for its scenic views, friendly local community, and affordable cost of living. Homes with lush garden settings start just under $200,000, offering a peaceful lifestyle surrounded by nature.

#1. Dumaguete, Philippines

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Ranked as one of the best places in the world to retire, Dumaguete boasts a low cost of living, a friendly expat community, and English as a widely spoken language. With beachfront homes and modern condos available for less than $100,000, it provides an idyllic setting for those seeking a tropical lifestyle on a budget, complete with vibrant local culture and easy access to stunning natural wonders.

Affordable Paradises

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These destinations prove that owning a vacation home internationally doesn’t have to be a privilege reserved for the ultra-wealthy. From the serene landscapes of Central America to the historic streets of Europe and beyond, affordable luxury and adventure await. Each location offers its own unique appeal, blending lower costs of living with rich cultural experiences, making the dream of international homeownership more accessible than ever.

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For transparency, this content was partly developed with AI assistance and carefully curated by an experienced editor to be informative and ensure accuracy.

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