Under the Real Estate Scheme (RES), properties can be acquired by non-citizens at no minimum price. But unlike the IRS it does not confer permanent residence by default, unless the acquisition is worth more or equal to USD 500,000.
RES are intended to be developed on reduced surfaces (freehold land only), starting from 1 arpent and not exceeding 10 hectares. Commercial facilities, leisure amenities as well as day to day management services (such as security, maintenance and gardening etc) are provided in the scheme.
You are invited to browse the list of RES projects proposed by MCL.