1. The Flamingo Coast of Mexico: the area features dozens of little beach villages which are all side by side. The area offers up friendly residents, beautiful, warm weather, great food in a safe atmosphere.
2. Cuidad Vieja in Uruguay: This is on of the cheapest cities in the world to live. A renaissance in the real estate market in this city began back around 1995 and hit its stride by 2004.
3. Malaysia: This country is the retirement haven of Southeast Asia, which offers up a western lifestyle. The editors feel that this area is not only underrated, but under-priced as well.
4. Calabria, Italy: This beautiful, sun-kissed little corner of Europe is surrounded on three sides by crystal clear ocean.
5. Montenegro: A lovely European country on the Adriatic Sea has practically been forgotten.
6. Cloud Forest in Honduras: A beautiful, forested part of the country that is only minutes from a quaint beach village with an airport.
7. Cartagena, Columbia: this is a walled city that offers beautiful white sand beaches along with world-class snorkeling and diving opportunities.
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