Sick of the ever-rising ‘bottom rung’ of the UK property ladder? There are plenty of other countries in the world where life for first-time buyers is whole lot easier.

Buying your first home in the UK is tough – especially in London where prices have risen by almost 45% in the last 5 years alone.

But how do aspiring first-time buyers fare in the rest of the world?

New research by international relocations firm, MoveHub ranked 33 countries from best to worst when it comes to getting on the property ladder.

The data was compiled by cross referencing salary progression and property price increases over the last 12 months.

See which countries came out on top in the table below.

Country

Property price change in the last year

Salary change in the last year

UAE

-7.96%

0.90%

Spain

-5.75%

2.20%

Greece

-4.09%

3.40%

Singapore

-3.37%

3.70%

Switzerland

-0.68%

2.50%

Italy

-0.93%

2.10%

Estonia

0.73%

2.90%

France

-0.29%

1.70%

Poland

1.48%

3.40%

Belgium

-0.56%

1.20%

But what about the UK? With house prices climbing by 5.7% in the last year, and wages by only 2.3%, the research places us a disappointing 16th in the rankings.

And Halifax, the country’s largest mortgage lender, recently put the average cost of a first-time buyer home at a whopping £205,170.

But don’t despair. Instead, take a look at what a similar sum could buy you in the three most first-time buyer-friendly countries.  

1. UAE

One-bedroom apartment in Jumeirah Village Circle, Dubai, for £199,782

New apartments in Dubai

You’ll have to wait until 2018 to move into this first-floor apartment which – unlike many of Dubai’s homes – sits in a low-rise development. Even if you decide against moving in yourself, the estimated rental yield on the property is 7%, so it's a good investment.

Available via Elite Realty Dubai

2. Spain

Three-bedroom apartment near Marbella, Spain, for £203,940

New apartments in Spain with a pool

Spain, which took second place in the rankings, has long been a draw for Brits. And, looking at what you can get for your money, it’s not hard to see why. The enormous roof terrace at this brand-new three-bedroom apartment offers spectacular views. There’s also a communal pool and underground parking.

Available via Discount Property Centre Marbella 

3. Greece

Two-bedroom detached house for sale in Agios Ioannis, Kerkyra, Corfu, Greece, for £160,548

Villa in Corfu with a pool

Detached home with mountain views, large garden and swimming pool? A combination you’re highly unlikely to find in the UK for a price tag of £160,000. Even better, the furniture in this Greek home is included in the sale.

Available via Grekodom

5 worst countries for first-time buyers

On the flipside, first-time buyers in Turkey have it toughest. Due to an influx of foreign investment, property prices in the country rocketed by 16% last year, while salaries remained virtually stagnant.

See which other countries made the list of the five worst places for first-time buyers in the table below.

Country

Property price change in the last year

Salary change in the last year

Turkey

16.42%

0.60%

Colombia

14.94%

0.30%

Egypt

13.27%

-0.40%

Sweden

12.88%

2.30%

Hong Kong

9.75%

1.40%

Top tip! Intend to buy a place in the UK too? Don’t forget that overseas property will count as an ‘additional home’ which means an extra 3% stamp duty is likely to apply.

Which country would you choose? Tell us by posting a comment below…

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