Eastern Europe remains one of the last affordable property markets in the EU. In 2026, you can still buy a house with land in Romania for under EUR 30,000, a city apartment in Bulgaria for EUR 40,000, or a seaside property in Montenegro for EUR 80,000. But cheap doesn't mean low quality — many of these properties come with modern renovations and excellent locations.
The Most Affordable Countries
Romania — Best Overall Value
Rural houses from EUR 15,000-30,000, city apartments EUR 50,000-100,000, land EUR 5-15/sqm. Romania combines low prices with EU membership, stable legal framework, and improving infrastructure. Browse our Romania listings.
Bulgaria — Cheapest in the EU
Village houses from EUR 10,000-20,000, Black Sea apartments EUR 30,000-60,000. Lower rental yields than Romania but rock-bottom entry prices.
Serbia — Non-EU Value Play
Belgrade apartments EUR 70,000-120,000, countryside EUR 15,000-40,000. Strong appreciation potential as Serbia progresses toward EU accession.
Hungary — Budapest Opportunity
City apartments EUR 100,000-200,000, countryside EUR 30,000-80,000. Higher prices than Romania/Bulgaria but stronger rental market.
Hidden Costs to Watch
- Renovation costs (rural properties often need EUR 10,000-30,000 of work)
- Property taxes (vary 0.08-1% by country)
- Agent fees (1-5% depending on country)
- Currency risk (for non-EUR countries)
Start your search on our property listings page or contact us for personalized advice.