New Delhi, June 30 -- Cassandra Tresl, a writer and content creator, recently shared her family's home-buying story with CNBC. She moved from New York City to rural Italy in 2019. Her family eventually settled permanently in Italy's Abruzzo region.

The couple paid 11,500 euros ( Rs.12.4 lakh at present rate) for their property outright. Living in a small town made this remarkably-low price possible. Such affordability would be unimaginable in most American housing markets.

The house is situated in a traditional hilltop town. "That means we have these magnificent views," Tresl wrote. "Can't imagine moving back to the US" anytime soon, she added.

Their home spans two floors, totalling roughly 1,076 square feet. It includes two bedrooms o...