A Bargain Homestead in Costa Rica For $155,000

You look out from your terrace over a vast tropical garden. You're surrounded by heliconias and bromeliads in shades of vivid red, bright yellow, orange, and combinations in between, along with orchid blooms. Banana and mango trees are heavy with fruit. It provides the perfect backdrop to a life lived outdoors, thanks to a year-round temperate climate—mid-70s F during the day, cooling off into the 60s F at night.

Own Your Piece of Caribbean Island Paradise From $122,000

The Caribbean island of Roatan, about 40 miles off the coast of mainland Honduras, is well and truly on the expat radar. But that doesn't mean there aren't real estate bargains to be had. Prices here dropped during the housing crash of 2008 but have since leveled off. Plus, due to the devaluing of their dollar, Canadians, a major percentage of buyers on the island, haven't been buying in recent years.