European Real Estate Report: Good-Value Property Bargains Start Today at Less Than $150,

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Slow to recover from the global recession, property markets in European countries from Ireland to Italy hold great bargains today, according to a new report.

Slow-to-recover real estate markets across Europe are producing pockets of great value, report the editors at, whose new report highlights an array of attractive properties on offer for less than $150,000 in France, Italy, Ireland, Spain and Greece.

In France, for example, the Languedoc-Roussillon region (located next to Provence) offers bargains like a move-into village house with exposed timber beams in the département of Aude. The property has been reduced from $97,000 to $90,000.

Similarly low-priced properties are available in Spain, a country where there’s a huge oversupply of unsold homes. Today, the market is showing signs of recovery in certain regions—for the first time in seven years, sales in Málaga province increased by 10%, for example. However, property prices still remain relatively low throughout the country, according to the report.

“Steeped in memories of Moorish Al-Andalus, the narrow streets, shady gardens, and stunning architecture of Granada make it one of Spain’s most iconic cities,” reports Steenie Harvey,’s Europe editor. “In the Realejo, the old Jewish quarter, a refurbished 913-square-foot apartment close to Campo del Príncipe (which has some wonderful tapas bars) is reduced from $162,000 to $134,000.”

In Murcia, located on the Mediterranean coast in an area with a great climate year-round, the report highlights three-bedroom apartments (967 square feet) that start at $62,500.

In Italy, good-value village houses can be unearthed among the castle-crowned hills, meadows, and ancient chestnut woods of the Lunigiana, Tuscany’s northwest corner, the report reveals.

For example, a two-story stone house of around 1,397 square feet located in La Riccia, in Comano village, lists for $116,500. It has wooden-beamed ceilings, two bedrooms, a pretty courtyard, a terrace, and extra rooms in an adjoining converted barn. Highway and rail access is around a 15-minute drive; reaching Pisa airport takes just over an hour.

“County Kerry, in Ireland’s southwest, packs in all the mountainous drama and picture-postcard beaches you could wish for,” says Harvey. “Near Killarney town and its lakes, a semi-detached thatched cottage with two bedrooms and 915 square feet of living space is on the market for $123,000.”

On Crete, one of the most popular of the Greek islands, a restored village house of 640 square feet, with sea and mountain views, is being sold furnished for $122,000. On the ground floor is an open-plan living/dining/kitchen area plus a bathroom/toilet. On the upper floor, a large bedroom has a good-sized balcony/terrace area.

The full report on current property bargains in Europe, as well as information on how to negotiate long-term rentals there, can be read here: Property Bargains in Europe for Less Than $137,000.

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Media Contact: For information about content republishing, available source material or to book an interview for radio, TV or print with one of our experts, contact Associate Editor Carol Barron, 772-678-0287 (US), CBarron(at)InternationalLiving(dot)com or visit the Media Center. For automatic updates on the most current stories, follow International Living Media on Twitter.

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