Based on the results of the Live and Invest Overseas Global Property Survey 2021, an annual index was compiled that details the benefits and costs of owning real estate in the best locations in the world to live or retire abroad. According to this index, the world’s best beachfront property purchases in 2021 will be in North Cyprus, Colombia, Brazil, Mexico, and Belize.
The research examined the cost of purchasing a two-room, two-bathroom apartment ranging from 70 to 100 square meters (roughly 800 to 1,100 square feet). Besides, one of the advantages is the opportunity to invest in rent and make a good profit when you are elsewhere.
Consider the top 5 most affordable seaside property options in 2021:
- №1 Iskele, Northern Cyprus. North Cyprus, located in the Mediterranean Sea between Europe and Turkey, is a safe, hospitable country with a well-developed tourism infrastructure, including luxury hotels, clubs, and casinos. Pay special attention to Iskele on the east coast. This region is known for the longest and most beautiful beach in the country, Long Beach. You can own a sea view condominium for as little as $ 75,000 at current exchange rates.
- № 2 Santa Marta, Colombia. Nowadays, Santa Marta has changed a lot. In its center, restoration of all Spanish-colonial parks, churches, and houses was carried out. And also introduced new elements: parks, restaurants, cafes, boutique hotels, and a port for cruise ships. The most popular destination is the town of El Rodadero, with its wide, well-groomed beaches. You can own a seaside condominium for approximately $ 175,000 at current exchange rates.
- № 3 Fortaleza, Brazil. Brazil is a country with crazy carnivals in Rio de Janeiro, the impenetrable Amazon jungle, and long white sand beaches with luxury hotels, restaurants, and vibrant nightlife. Pay special attention to the beach town of Fortaleza, the capital of the state of Ceará in northeastern Brazil. The Fortaleza market fell nearly 16% in dollar terms in 2020, creating an excellent buying opportunity in the foreign exchange market. Beachfront property options start at $ 100,000.
- № 4 Mazatlán, Mexico. Mazatlan is located 9 miles south of the Tropic of Cancer on the Pacific coast of Mexico. Mazatlan is surrounded by endless beaches and warm waters of the Pacific Ocean. You have the opportunity to own a piece of beach property at a very competitive price.
- № 5 Ambergris Caye, Belize. Ambergris Cay is located in the northwestern part of the Caribbean Sea. The entire coastline is a line of golden sandy beaches with coconut palms. It is possible to buy real estate on the mainland of Belize for less than $ 100,000.
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