Where would you buy

[Nomayoplease]

I just like most people have a love affair with Europe and i am seriously considering buying a one bedroom condo somewhere. Now here is what i am looking for:location, friendly people, cheap cost of living and good transit.
i need to be close( and by close i mean a 2 to 4 hours max by rail) to south of france( Nice region) ,North and Northeast of Italy( I love the dolomites).Any ideas??