The Spanish Soccer team aside, the doom and gloom in Europe runs deep. But there is a story not being told…one of opportunity borne of this crisis. A story of places where you could own your own piece of the Old World…for less than half the price of a budget family sedan.

As Ronan McMahon, our real estate expert, puts it, “In time, the crisis will pass and there will be a new normal. Who knows what that will look like? But I’m pretty sure that the Greek Islands will still be among the most special places on earth.”

Right now—in Greece and beyond—prices are falling like a rock. And for anybody who ever mused about a European retreat, that’s the silver lining. It’s our focus in this issue, where we take you to Greece, Spain, Ireland, Italy, Portugal, and beyond.

We’ve turned to Europe now not merely because there are bargains to be had, but because the other untold Europe story is one of an extraordinary quality of life. The story of a slower pace, of good food shared among friends, of living with beauty all around.

See below for all the articles in your August 2012 issue. If you’d prefer to read your issue in PDF format, click here.

The Treasures of Overlooked Bulgaria

The Treasures of Overlooked Bulgaria

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Looking for an “off-the-beaten-path” adventure? Try Bulgaria. Despite its low costs, fantastic, fresh cuisine, and lush green landscapes, it’s one of Europe’s most overlooked destinations. And that’s part of its allure… Start your trip in the capital, Sofia. Today a modern city with a sleek international airport, Sofia has a checkered history—it’s been ruled by Romans, Ottoman Turks, and Russia, as well as Bulgaria.

Latin American Lake Homes

Latin American Lake Homes

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Chile’s Lake District is all about spectacular scenery…forests, snowcapped volcanoes, the towering Andes, and hundreds of deep blue mountain lakes…German emigrants brought their distinctive traditions to the region and it’s been compared to Switzerland for its beauty and cosmopolitan resort towns…