Buying Guide Details
Buying Property in Italian Cities
Overview
While the countryside idyll lures many overseas property buyers to Italy, there is no doubt that there is significant interest in buying a property in a city, particularly as the country’s cities are so diverse, reflecting the unique histories of the regions that only in the 19th (and in some cases, the 20th) century became united as the Republic of Italy.
Cities such as Florence, Venice, Trieste and Naples demonstrate hundreds of years of culture in their architecture, each very different from the other, though properties in the fashionable areas can be, in some cases, some of the most expensive in their respective regions, if not the country as a whole. Properties purchased for investment and holiday use benefit from a central and popular location, the higher asking price often offset with better rental potential.
Industrial and business centres such as Turin and Milan lack the ancient charm of other Italian urban centres but there is no doubt that the professional and academic populations create demand for rental property.
Rome combines unparalleled historic treasures with being a busy centre for business, study and politics. With tourism all year round, a property in the heart of the city may be priced towards the top of the spectrum of Italian city living but with millions of tourists annually and a healthy market, returns and capital appreciation could make the investment a rewarding one.
There's also a range of articles for you to read about buying property in Italy:
as well as overseas news stories affecting the property market in Italy or view our range of property for sale in Italy.
Some information contained within this buying may have changed since it was first published. Homes Overseas strongly advises you to seek current legal and financial advise from a qualified professional.
Buying property in Venice Province