Where to Find the Cheapest Houses Globally in 2024

If you’re dreaming of owning a home but think it’s out of reach, let´s rethink. Around the world, there are hidden gems where real estate prices will make your jaw drop—in a good way! Whether you want to find the cheapest houses to live abroad, retire early, or invest in property, you don’t need millions to make that dream come true.

In this guide, we’ll explore some of the best places globally where you can find the cheapest houses in 2024. From Europe to Asia, the Americas, and beyond, you’ll discover that buying a home doesn’t have to mean draining your life savings.


1. Bulgaria – The Cheapest Houses in Europe

When people think of Europe, expensive cities like Paris or London come to mind, but Bulgaria is Europe’s best-kept secret for affordable homes. Whether you want a cozy home in the countryside or a small apartment in a city like Plovdiv or Veliko Tarnovo, Bulgaria has properties that sell for less than the price of a used car.

In rural Bulgaria, prices for homes can start as low as €5,000–€10,000 for a decent house with a garden! Even in cities, a budget of around €30,000 could get you a modest apartment. With a low cost of living, Bulgaria is an excellent choice for those looking to stretch their euros while enjoying a relaxed lifestyle.

2. Mexico – Affordable Beachfront Living

If you’ve ever dreamed of living near the beach without a sky-high price tag, Mexico is your spot. Cities like Merida and Mazatlán are known for their affordability. But here’s the secret: you don’t have to settle for just one city or town. Mexico has a variety of regions offering cheap houses that still come with all the charm, culture, and sunshine.

In less tourist-heavy areas, you can find homes for under $50,000 USD, sometimes even less if you’re lucky! Whether you want a colorful home in a village or a house near a stunning beach, you’ll be amazed by how far your money goes in Mexico. Plus, you’ll have easy access to delicious food, rich culture, and an affordable lifestyle.

3. Colombia – Cheapest Houses in South America

Colombia is quickly becoming one of the hottest real estate markets for expats and property investors alike. Why? Because it offers both vibrant cities and breathtaking natural beauty at prices that are hard to beat.

Take Medellín, for instance. This city has been dubbed the “City of Eternal Spring” for its perfect climate, and you can find homes starting at just $40,000 USD. Outside major cities, the prices drop even further. Small towns like Manizales or Pereira offer charming houses for under $30,000 USD.

If you’re after adventure and affordability, Colombia should be high on your list.

4. Philippines – Island Paradise on a Budget

For those craving an island lifestyle, the Philippines has some of the most affordable real estate in Southeast Asia. With its breathtaking beaches, friendly locals, and rich culture, it’s easy to see why expats are flocking to this island nation.

On lesser-known islands or rural areas, prices for houses can start as low as $25,000 USD. Even in popular locations like Cebu or Dumaguete, you’ll find homes for under $50,000 USD. Plus, the cost of living is low, which means your dream of island life might just be closer than you think.

5. Romania – Europe’s Hidden Gem

Another Eastern European gem, Romania, is one of the cheapest countries to buy property in 2024. Whether you’re looking for a charming cottage in Transylvania or a city apartment in Bucharest, Romania offers a lot for those on a tight budget.

In rural areas, you can find homes for as little as €10,000–€15,000. Even in some smaller cities, you’ll be able to buy property for around €30,000. With its rolling hills, medieval towns, and growing expat community, Romania offers a blend of affordability and culture.

6. Greece – Snap Up a Home in the Sun

Greece is often associated with luxury, but outside of the main tourist hotspots, there are fantastic deals to be had on homes. Islands like Crete, Rhodes, and even lesser-known islands like Kythira offer budget-friendly real estate options.

In 2024, you can find houses in rural areas or on smaller islands for €30,000–€50,000, especially if you’re open to a fixer-upper. The combination of the stunning Mediterranean scenery and laid-back lifestyle makes Greece an attractive option for bargain-hunting house buyers.

7. Italy – Affordable Homes in Quaint Villages

Italy might surprise you as a place to find cheap real estate, especially with its “€1 house” scheme. Small villages and towns, particularly in Sicily and other southern regions, have houses that cost next to nothing.

If the idea of restoring an old, picturesque home in Italy sounds appealing, you could scoop up a property for as low as €1. Of course, these homes require renovation, but the overall cost is still incredibly low. Even if you don’t want a fixer-upper, homes in smaller towns start at €30,000—a fraction of the price you’d pay in major cities like Milan or Rome.

8. Turkey – A Bargain for Seaside Lovers

Turkey’s combination of beautiful beaches, vibrant cities, and affordable living costs makes it one of the top places to buy property in 2024. Cities like Antalya, Izmir, or smaller coastal towns along the Turkish Riviera offer a wide variety of affordable homes.

For under $40,000 USD, you can find apartments or small homes with sea views. The Turkish real estate market has grown in recent years, but it’s still one of the best places to get a deal on a house with serious investment potential.

9. Thailand – Exotic Living for Less

Thailand has long been a favorite for expats, and it’s easy to see why. The country offers exotic living, friendly locals, and incredible food—all at an affordable price.

In 2024, you can find homes in rural or less touristy areas like Isaan or Chiang Rai for as low as $20,000–$30,000 USD. Even in more popular locations like Chiang Mai or Hua Hin, you can find houses for under $50,000 USD.

The low cost of living and the high quality of life make Thailand a top contender for affordable global real estate.

10. Portugal – Affordable Homes in the Algarve

Portugal’s Algarve region is famous for its stunning coastline and sunny weather. While some parts of the Algarve are on the pricier side, there are still plenty of budget-friendly options in smaller towns and villages.

In 2024, you can find homes in the Algarve for as low as €50,000, especially if you’re looking in quieter areas away from the tourist spots. Portugal’s welcoming environment, mild climate, and low living costs make it a great destination for affordable property buyers.


Conclusion: Cheapest Houses

There you have it—a global tour of where to find the cheapest houses in 2024! Whether you’re after a sunny beach house, a cozy cottage, or an adventure in the mountains, you don’t need a fortune to make your dream of homeownership a reality.

These countries offer not only affordable homes but also great quality of life, rich cultures, and endless opportunities for exploration. So, what are you waiting for? Start your house-hunting adventure and get ready to live your dream life.

And if you’re a real estate agent looking to list the cheapest houses for free, check out our partner site for free advertising for real estate agents!

Cheap Furniture for the Cheapest Houses: Economical Chic

When it comes to furnishing the cheapest houses, the saying “less is more” can sometimes feel a bit unrealistic, especially when “less” refers to your budget. This guide is dedicated to the adventurers, the DIY enthusiasts, and those who marvel at the thought of turning the mundane into the magnificent. Welcome to “Cheapest Furniture for the Cheapest Houses,” where we explore the art of furnishing your space for pennies on the dollar, proving that style doesn’t have to break the bank.

The Rustic Elegance of Hay Bales

Let’s start with a classic yet innovative piece: the humble hay bale. Before you scoff at the idea, picture this—a cozy nook in your living room, adorned with vibrant blankets and plush pillows, all resting atop a sturdy, straw-filled square. Hay bales offer a unique combination of rustic charm and unexpected comfort, making them a perfect conversation starter. Plus, they’re biodegradable! When you’re ready for a change, your furniture can literally feed the earth.

Bucket Seats: Not Just for Paint

Empty paint buckets are the epitome of versatility. With a bit of cleaning and a dash of creativity, they transform into chic, industrial-style stools. Top them with a circular cushion for added comfort, and voila, you have a trendy seating option that’s both durable and lightweight. Stack them when not in use, and enjoy the extra space. Who knew hardware supplies could offer such a minimalist appeal?

Cardboard Creations: Beyond the Box

The strength of cardboard is often underestimated. With multiple layers and a bit of strategic folding, it can become anything from a coffee table to a bedside stand. The key is in the layering—think laminating with glue until you achieve the desired thickness, then cut and shape to your heart’s desire. Finish with a coat of paint or some decoupage for a piece that’s as sturdy as it is stylish. Cardboard furniture is not only cost-effective but also incredibly lightweight and recyclable.

Pallet Platforms: The Ultimate Upcycle

Wooden pallets, often free for the taking, are a fantastic resource for DIY furniture. Sand them down, stack them up, and secure them together to create everything from bed frames to outdoor seating. The natural wood adds a warm, rustic vibe to your space, and with a little cushioning, these pieces become both comfortable and functional. The best part? Their modular nature allows for endless customization.

Books: Building Blocks of the Bibliophile

For the book lovers out there, consider this: your next shelf or end table could be made of, well, books. Stack hardcovers into columns or spirals, secure them together, and top with a glass pane. Voilá! You created a quirky, intellectual piece that’s sure to spark conversation. Not only does this method repurpose books that may otherwise go unread, but it also adds a personal touch to your home, showcasing your literary tastes in a unique and functional way.

Final Thoughts

Furnishing the cheapest houses on a shoestring budget doesn’t have to mean sacrificing style or comfort. With a little creativity and a willingness to see potential in unconventional items, you can create a space that’s both inviting and interesting. Whether it’s sitting on a bale of hay or resting your coffee cup on a stack of your favorite novels. The charm of these DIY furniture ideas lies in their story and the personality they add to your home. So, embrace the challenge, and let your cheapest house become a treasure trove of ingenious, budget-friendly design.

Interior Design Strategies for the Cheapest Houses

When it comes to styling the cheapest houses, the focus often lies in balancing cost-effectiveness with a tasteful aesthetic. Fortunately, with a bit of creativity and resourcefulness, it’s possible to transform any space into a comfortable and stylish home without breaking the bank. Let’s explore some innovative ideas that bring flair and functionality to budget-conscious interiors.

Upcycled Furniture: A Sustainable Choice

One of the most practical approaches to furnishing the cheapest houses is through upcycling. Upcycled furniture not only saves money but also adds unique character to your home. Think of reusing old wooden pallets to create rustic coffee tables or converting a vintage suitcase into a quirky nightstand. The key here is to see the potential in everyday objects and reimagine them in a new light.

DIY Decor Inspired by Art

Pablo Picasso’s “Bull’s Head,” a sculpture made from a bicycle seat and handlebars, serves as an excellent example of how simple items can be transformed into art. This concept can be applied to home decor in the cheapest houses. For instance, an old ladder can be repainted and repurposed as a bookshelf or a towel rack, infusing a sense of artistic charm into the space.

Steampunk Fantasy from Metal Scraps

Metal scraps offer endless possibilities for creating striking home decor, particularly in the realm of steampunk fantasy. This style combines historical elements with an industrial aesthetic, creating a unique look. You can turn metal gears, pipes, and other discarded items into statement lighting fixtures or decorative wall pieces. These creations not only serve as conversation starters but also give a distinct personality to the cheapest houses.

steampunk decoration
steampunk decoration

Embracing Minimalism

Minimalism is another effective approach for designing the interiors of the cheapest houses. This style emphasizes the ‘less is more’ philosophy, focusing on decluttering and choosing items that serve a purpose. Minimalism does not mean sparse or boring; it’s about selecting a few meaningful and functional pieces that bring joy and utility.

Incorporating Plants for a Natural Touch

Adding greenery is an affordable way to enhance the aesthetic of the cheapest houses. Indoor plants not only bring life to a room but also improve air quality. From small succulents on windowsills to larger potted plants in corners, there’s a variety of options to suit different spaces and tastes.

Design Strategies
Design Strategies

Color and Textiles

Playing with colors and textiles can dramatically change the feel of a room without a hefty price tag. So, inexpensive throw pillows, curtains, and rugs in vibrant colors or interesting patterns can add warmth and depth to your living space. Remember, a little can go a long way in terms of color; sometimes a single accent wall or a few colorful decor items are all it needs.

Conclusion

Interior design for the cheapest houses doesn’t need to be difficult. With creativity, a little DIY spirit, and an eye for repurposing items, you can create a space that is both stylish and affordable. Whether it’s turning metal scraps into steampunk decor, upcycling furniture, or adding a touch of greenery, the possibilities are endless. The goal is to create a space that reflects your personality and meets your needs, all while adhering to a budget. Remember, a beautiful home is not defined by how much you spend, but by the creativity and care you put into it.

The cheapest houses in the world – where & for how much?

Where are the cheapest houses in the world?

Buying a house is not the same as buying a new pair of shoes or a second hand car…or is it?

House prices are usually in the 6 figure range. For many of us buying a house is just an illusive dream. For those who can make it, this is likely going to be the biggest venture in life. Continue reading The cheapest houses in the world – where & for how much?