Life by the beach is the dream for many people, but it has become prohibitively expensive in the U.S. and Canada. A new study shows that Americans pay an additional $624,051 for a waterfront home, representing a 75% premium compared to non-coastal property in the U.S.
In traditional beach markets like Florida and California, that kind of markup can derail even a well-funded beach retirement plan. But if you look beyond the borders of the U.S., the dream can be more attainable.
Veteran overseas property analyst Lee Harrison has been tracking prices for two-bedroom, two-bath units in cities around the world since 2013. His long-term data offers a rare window into property prices that…