Cerdal, Valença, Portugal: $101,200

This elegant four-bedroom stone villa has two floors in need of restoration and is set on a lot of around 4,300 square feet.

Valença sits on the border between Portugal and Spain, perched above the River Minho with its impressive 17th-century fortress. You can walk along the fortress walls for amazing views into both countries. The town has a wonderfully preserved historic center with narrow cobbled streets and charming squares where locals hang out drinking coffee or vinho verde.

Life here moves at a relaxed pace with a blend of Portuguese and Galician influences shaping everything from the architecture to food scene. Step into the surrounding countryside and you’re met with rolling green hills, vineyards, and the winding river that locals fish in.

Valença is one of those authentic border towns where you can literally walk across the international bridge to Spain for lunch and be back in Portugal for dinner.