Escape

European homes that'll cost you the same as (or less than) a Manhattan one-bedroom

By BrickUnderground  | March 12, 2015 - 10:30AM
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Thanks to the weakening euro, now's the time for Americans to buy in Europe, reports The Real Deal.  Twist our arm, why don't you? But seriously, a getaway across the pond doesn't sound too shabby. (And would certainly make great currency for house swaps and Airbnb.) Below, a handful of properties across Europe that'll cost you the same as, or less than, the average Manhattan one-bedroom -- around $837,000. Airfare not included.

• Barcelona Coast, Teia, Spain

A modernist villa with a pool on the Maresme Coast overlooking the Mediterranean — what's not to like?

• Amsterdam, the NetherlandsYou'll have plenty left over for furniture and sundries (about $120,000) after purchasing this two-bedroom corner apartment in a circa-1629 building near Amsterdam's Egelantiersgracht canal and renovated in 2012. New rule: guests who can actually pronounce the canal's name stay for free.

• Alcamo, Sicily

Buy this 10-room "traditional stone house" and you're guaranteed plenty of visitors whenever you're in residence. There's room for everyone, given the square footage at nearly 3500 square feet. And the views! Plus, it's the cheapest among the bunch.

• London, UK

Yes, we realize this is a British property, and as such, not tethered to the struggles of the euro. But it's a charmer. Just a few minutes walk to Kensington Palace, this 255-square-foot studio won't give you much room to furnish, but its kitchen is lovely and the location divine and close to High Street shopping. At £599,000 with current exchange rates, it strains the $837,000 budget, but perhaps the seller's open to negotiations?

Related:

For the price of a Manhattan one-bedroom, buy a place in these (literal) hot spots

I mostly live abroad nowadays. Can my co-op board charge me extra for doing so?

BrickUnderground's pied-a-terre checklist: what to consider before buying a part-time place in NYC

Buy Curious: I'm in the market for a pied-a-terre: What should I know?

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