I’ve been contemplating the feasibility of purchasing a home overseas. Channels like Nomad Capitalist have been an interesting resource, but he often focuses on markets that have been relatively unstable in recent history (Columbia, Mexico, Serbia).
Unfortunately, some of the traditional overseas markets are currently out of reach, either due to prices or mortgage requirements. For example, Italy requires something like a %40+ down payment. I’m in a situation where I have a relatively high and stable income but little savings, so qualifying for those types of loans wouldn’t work.
I’m wondering whether any of you are aware of or would recommend some international markets that would be feasible for a budget up to $650k. Ideally, purchases by foreign nationals are easy and don’t require extraneous payments or legal hoops.
Thanks!