Everyone dreams of owning their very own home. A place they can call their own, adorned with their unique style, and a place they can be safe. However, not everyone can afford to buy a house, especially in the expensive cities and countries. Luckily, there are still options for those who are on a tight budget and still want to buy a house. (All prices are in American Dollars)
In this blog post, we will explore the cheapest houses in the world and discover their unique features.
1. Detroit, USA
Detroit is a city that was hit hard by the recession, and as a result, property prices plummeted. The city has been slowly making a comeback, but it still has many affordable houses available. You can find fixer-uppers for sale for as little as $500, and renovated homes for under $50,000.
2. Ghana
Ghana has a ton of affordable houses available, with prices starting at just $5,000. The country also offers low-interest home loans, which make it even more accessible for potential homeowners. Even though the houses are cheap, they are still of high-quality.
3. Bulgaria
Even though property prices have been rising in Bulgaria over recent years, it’s still possible to find cheap houses in the country. The houses come with beautiful views and are often situated in picturesque locations within rural villages, with prices ranging from $5,000 to $10,000.
4. South Africa
South Africa offers affordable property prices, although it ultimately depends on the location. You’ll be able to find houses in Johannesburg for as low as $15,000, and in other parts of the country, you can find prices ranging from $10,000 to $20,000.
5. Pakistan
Pakistan is home to some of the cheapest houses in the world. You can buy a 5 to 7 bedroom house for as little as $10,000! These houses come with large gardens, perfect for families, and are situated in neighbourhoods with friendly communities.
6. Bolivia
Bolivia is a developing country, which is why the property prices are some of the lowest in the world. You can find houses ranging from $7,000 to $30,000. The houses have a Spanish colonial architectural style and offer beautiful views of the Andes.
7. Jamaica
Jamaica is known for its tropical climate and sandy beaches, but it’s also possible to find cheap, yet beautiful houses. You can find houses starting from $35,000, with some homes offering ocean views.
8. Nicaragua
Nicaragua offers beautiful views of the coastlines and forests at incredibly affordable prices. You can find beachfront houses ranging from $30,000 to $70,000. The country also offers attractive financing options for foreigners.
In conclusion, there are numerous cities and countries that offer affordable houses for those who are on a tight budget. Despite having low prices, these houses are still of high-quality and offer exquisite views and unique features. It’s worth noting that some of these countries carry certain risks, and it’s essential to carry thorough research before purchasing a house in a foreign country. With a bit of research and some careful planning, you could find your dream house at an affordable price!
