How much does property actually cost in the places you’re considering?
The answer isn’t always as straightforward as looking at an average price per square metre.
Prices can vary significantly between cities, neighbourhoods, property types and even individual buildings. A property’s location, condition, size and potential use can all have a major impact on what you’ll pay.
Here I look at property prices and market conditions in the five destinations I focus on, using real-world information to help you understand what your money might buy and how markets are changing.
Table of Contents
Understanding Property Prices
When researching an overseas property market, I’d look beyond the headline average.
📍Location
Averages can hide huge differences between neighbourhoods.
A property in a popular central area may command a very different price from something only a short distance away.
🏠 Property Type
An apartment, townhouse, villa or development property can all sit in very different price ranges.
Think about what type of property actually suits the way you intend to use it.
🏚️ Condition
Two properties of similar size can have very different values depending on their condition.
A cheaper property may need significant renovation, while a more expensive property may be ready to move into or rent immediately.
📈 Market Conditions
Property markets change.
Prices, supply, demand and buyer behaviour can all shift over time, which is why I intend to keep the main destination price guides updated rather than treating them as one-off articles.
Property Prices in the Five Destinations
I’m currently focusing on five destinations:
- Montenegro
- Medellín, Colombia
- Cuenca, Ecuador
- Chiang Mai, Thailand
- Bali, Indonesia
The property markets in these destinations are very different, so I don’t think it makes sense to compare them purely on price.
The more useful question is:
What does your budget actually allow you to buy, and does the property suit the lifestyle or investment you’re looking for?
Current Property Price Guides
🇲🇪 Montenegro
Property Prices in Montenegro: an Expert Overview (2026)
An overview of the Montenegro property market, including the factors buyers should consider when looking at prices and different parts of the market.
Read the Montenegro Property Prices Guide →
🇨🇴 Medellín
Property Prices in Medellin: an Expert Overview (2026)
A look at property prices across Medellín and the factors that can affect what buyers should expect to pay.
Read the Medellín Property Prices Guide →
More Property Price Guides Coming
I’ll be building dedicated property price guides for:
- Cuenca
- Chiang Mai
- Bali
My intention is to update these guides regularly so they remain useful as the markets change.
Property Prices Are Only Part of the Picture
Finding a property within your budget doesn’t necessarily mean you’ve found the right property.
Before buying, I’d also consider:
- The location and neighbourhood
- Access to services and amenities
- Potential renovation costs
- Taxes and purchase costs
- Ongoing ownership expenses
- Rental potential, if relevant
- How easy the property may be to sell in the future
This is why I recommend looking at property prices alongside the wider Buying Abroad and Investing guides.
Work Out Your Budget First
If you’re still at the research stage, it can be useful to work out your overall budget before getting too involved with individual properties.
I’ve created a free International Property Budget Planner to help you work through the numbers.
The aim isn’t simply to find the cheapest property.
It’s to understand what you can comfortably afford and then find a destination and property that make sense for you.