In this week’s examination of wealthy housing markets abroad, I compared prices of properties with ocean or water views in three international markets. From a designer-done residence on Hong Kong’s Lamma Island to a rustic villa in Uruguay, here’s a look at what about $4 million buys right now on Forbes Global Properties. 

Mo Tat Wan, Lamma Island, Hong Kong

Located on the northeastern part of Lamma Island, Mo Tat Wan is a small village popular among adventure-seekers thanks to its mountain trails and beautiful beaches. This three-story residence takes in spectacular sea views from its perch along the coast.

Features: Owned by an architect and an interior designer, the updated residence displays  sharp attention to detail, incorporating modern and rustic elements to striking effect.  The main living area is largely devoted to open-concept space and includes spacious living and dining areas and an updated kitchen. There are four bedrooms and three bathrooms within about 2,100 square feet of living space.

Other perks: Artistic tilework creates visual interest on the home’s wide patio areas, which are topped by contemporary fans and bamboo thatching. In another area, corrugated metal steel was used to create a lookout post for enjoyin bay views.

Price: $4.129 million

Agent: Joshua Miller, OKAY.com

Geneva, Switzerland

Considered among the most beautiful cities in the world, Geneva, Switzerland, combines picturesque views of the Alps and waterway with a rich assortment of cultural and architectural delights. This top-floor apartment has been tailored to take in the scenery and features a private balcony and large picture windows that frame Lake Leman and the Jura and Mont-Blanc mountain peaks.

Features: Completely renovated and enhanced in 2015, the residence features a contemporary palette with hardwood floors, subdued accents and custom furniture throughout. A gleaming chef’s kitchen has been updated with an island/bar. Walls of built-in bookshelves fill the living room area, which has a wall fireplace.

Other perks: Two lower-level loggias and two upper terraces extend the living space outward. The apartment has a total of three bedrooms and two updated bathrooms including a primary suite with a dressing room.

Price: $4.134 million (approximately)

Represented by: Quentin Epiney, Comptoir Immobilier

José Ignacio, Maldonado, Uruguay

This rustic villa-style home is situated in Chacras de Medellin, one of the most exclusive residential area’s of Jose Ignacio. Located near the city of Punta del Este, the roughly 12-acre community is surrounded by a blanket of green landscaping and views of the sea, which is just a short walk or horseback ride away.

Features: The stone-clad resilience was designed to integrate with its natural surroundings and incorporates a range of stone and wood details into its design. The rustic details are continued inside in the living room, which features a massive stone fireplace. The floor plan also includes a dining room, a kitchen and six bedrooms suites. There are also outbuildings for staff and landlords. 

Other perks: A large outdoor terrace features a swimming pool and a “chill-out” section set beneath overhanging eaves. Concrete decking encloses a large swimming pool with a waterfall edge that creates the illusion of meeting the horizon. 

Price: $4 million

Represented by: Antonio Ribes Bas, Immobiliaria Rimontgo