In Manhattan, purchasing a 500-square-foot condo costs about $750,000 due to a median price of $1,500 per square foot, showcasing the city's exorbitant real estate prices.
For the price of a small studio in New York City, buyers can acquire over 7,000 square feet in Sicily, highlighting the vast disparities in real estate value worldwide.
Locations like Sicily, where a viral home auction began at one euro, and the Loire Valley, with average prices at $187 per square foot, offer immense properties for less.
Despite the high cost of living, the data from My Dolce Casa reveals significant opportunities to purchase expansive properties in the Mediterranean at a fraction of NYC prices.
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