Looking for an overseas home? See how far your money will go
A new online tool lets buyers compare home prices around the world.
Looking to buy an international holiday home? A new interactive tool launched by Homes.com has revealed where you can get the most bang for your buck.
The tool has been launched alongside a study examining property prices across all 36 OECD countries.
The study found that Turkey tops the list for affordable properties, at an average of US$69 per square foot. Other affordable nations include Mexico at US$90.10 per square foot, Russia at US$120.50 per square foot and Latvia at US$135.70 per square foot.
Switzerland is the most expensive spot for a holiday home, at US$967 per square foot. South Korea follows at US$772.30 per square foot. Luxembourg, Israel and Japan round out the world's priciest housing markets.
Australia is also an expensive market, at US$429.10 per square foot, which is the ninth most expensive among OECD countries.
If you're thinking of purchasing a holiday home, read our guide to learn how to ensure you're making a sound investment.
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