Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
Saturday 29 September 2018 2:03 pm  |  Updated:  Tuesday 21 May 2019 4:25 pm

Ranked: The cheapest and most expensive countries to buy a second home

By: Josh Mines

Add as a preferred source on Google

NULL

For many, the thought of packing in the day job and moving to a place in the sun is a distant dream. 

But new analysis has revealed the cheapest countries in the world to buy a house for those wanting to pack up and move out of the UK. 

FairFX analysis found that Bulgaria is the best place in Europe for those looking to buy abroad on a budget.

The firm ranked countries worldwide by the average cost of a two-bedroom apartment as well as the cost of utilities like water, energy and broadband.

An average two-bedroom apartment costs just £92,093, while living expenses are reasonable at around £18,000 a year. 

Ireland was also found to be a close, and fairly inexpensive option, while Poland and Croatia are also good options for penny pinching travellers. 

Unsurprisingly, Monaco topped the table for priciest places to buy a second home. A two-bedroom apartment costs a huge £7.365m on average. Other European hot spots including Germany, Spain, France and Portugal were also found to carry large price tags. 

Have a look at the full breakdown of the cheapest and most expensive countries to buy a house in Europe. 

Cheapest countries 

Country  Average price of two bed apartment Average living costs per year
Bulgaria £92,093 £18,442
Brazil £96,571 £16,863
Hungary £156,337 £18,553
Ireland  £174,110 £17,866
Poland  £207,341 £17,866

Most expensive countries 

Country Average price of two-bed apartment Average living costs per year
Monaco £7.365m £26,427
Switzerland £655,717 £20,119
UAE £156,337 £20,119
Germany £550,058 £22,448
France £540,824 £21,750

Read more: Transport for London ramps up property ambitions with new partnership

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Property

Related Topics

Trending Articles

  • Burnham tax plans spark investor rush to bank capital gains

  • Nothing fails to file accounts months after dissolution threat

  • I’ve taken the best train trips in the world. Here are my 5 favourites

  • Cruyff turn: Starmer allows pubs to stay open for England World Cup game

  • PwC joins the Canary Wharf crowd in major property shake-up

More from City PM

  • Right to Buy has been a huge success, of course the left hates it

    Opinion
    Modern apartment buildings representing social housing initiatives in urban development, highlighting sustainable architec...
  • Interactive Brokers Expands AI Integration Capabilities – Adding ChatGPT and Grok to Its Growing Suite of Agentic Trading Tools

    Business Wire
  • FICO UK Credit Card Market Report: April 2026

    Business Wire
  • CoStar Data Shows Birmingham Posted Highest Retail Investment Volumes Since 2016

    Business Wire
  • Shares jitter at City recruiter Hays after taking chop to operations 

    Economics
    Hays office building with fluctuating stock graph overlay, representing the impact of selling operations in six countries
  • Retailers Lose £29 Million to Returns Fraud Across 1 Million Orders, as New ReBound Data Reveals Industry “Blind Spot”

    Business Wire
  • Mary Kay Extends Winning Streak With Fourth Year as #1 in Global Direct Selling Beauty

    Business Wire
  • Food inflation: First signs of energy cost surge feed through to supermarket shelves as discounts fail to stem price growth

    Economics
    Tesco supermarket exterior showcasing brand signage and entrance with shoppers entering and exiting the store.

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy