In Italy, you have the opportunity to spend your time in a multitude of different landscapes. All of which you’ll find breathtakingly beautiful.
There is a blend of rich history, stunning landscapes, and world-famous culture. Whether you’re considering a rustic countryside villa, a luxurious beachfront home, or a charming apartment in a historic city, the Italian property market is as diverse as it is appealing.
But how much does it cost to own property in Italy’s most sought-after locations? In this post, we’ll review the findings of a recent study by Immobilliare.it that discusses popular properties and their prices.
Coastal bliss- beach houses from Liguria down to Sardina
A beach house with waves crashing against the shore sounds so dreamy. Italy has many seaside options to choose from. Furthermore, beachfront properties are diverse in styles, sizes, and costs.
Firstly, in the North, the most sought-after region is Liguria. The province of Savona is notorious for costly seaside properties. Prices start at upwards of € 3,800 per square meter. Whereas, the most affordable beachside prices you’ll find are in the province of La Spezia. The average house fetches € 2,500 per square meter.
More budget-friendly options are found along the Tyrrhenian coast. Some popular places to purchase homes in this area include the province of Grosseto. Prices here range from € 2,200 per square meter if you stay in the province capital. Another option is Argentario with prices around € 2,534 per square meter.
Although, travel farther South and you’ll find prices drop even lower. For example, the provinces of Palermo and Lecce have housing for just over € 1,000 per square meter. Not to mention, Sardinia has properties starting around € 1,300 per square meter, but easily rising above € 3,000 in top locations.
Lakeside homes: peace and tranquility on Lake Como and Lake Garda
Lakeside properties are highly desirable. This is especially true around Italy’s most famous lakes, Lake Como and Lake Garda. One reason these areas attract international buyers is due to their natural beauty and exclusivity.
Buying a house in Como, facing the namesake Lake Como, will require an average of € 2,800 per square meter. Smaller towns nearby, have a family-friendly vibe and the scenery is just as beautiful. In these areas you will find housing for a more affordable € 2,000 per square meter. Without a doubt though, prices always increase as you move closer to the water.
On Lake Garda, the most economical province is Brescia. Prices here run an average of € 2,100 per square meter. Conversely, in Verona costs are more than € 2,600 per square meter.
Mountain homes: escape to Trentino-Alto Adige or Aosta Valley
Next, take a look at Italy’s mountain properties. Mountain homes are ideal for those seeking a peaceful retreat or a winter getaway.
Bolzano is the most expensive area in the Trentino-Alto Adige region. For instance, the average prices will exceed € 4,000 per square meter. Additionally, this price range is reflective of homes both in the city and in the surrounding mountain towns.
In Trento, you will find housing around € 3,200 per square meter in the city. Smaller, nearby towns have prices around € 2,700.
Donaldson (2024) If you want to raise your family in a quiet place in Italy, then perhaps few places in Europe are better than Trento. This small Italian city is safe, environmentally friendly, and surrounded by nature, making it one of the best places to live in Italy.
In the Aosta Valley, houses average € 3,400 per square meter. Even so, costs go down to € 2,000 per square meter if you “settle” for a house in town.
On the other hand, in Lombardy, the price of homes in the villages of the Sondrio province (such as Valmalenco and Val di Mello) averages € 2,200 per square meter. These areas are lovely for a mountain escape.
Country homes: rustic charm can take on many shapes and prices
Great options are also available to those dreaming of the Italian countryside. Country homes are famous for rolling hills, vineyards, and historic homes. This is ideal for those looking for a more relaxed lifestyle.
For a rural house in Central Italy, the province of Viterbo represents a great opportunity. You’ll find the average price is close to € 950 per square meter. However, if you move to the province of Florence, which is in high demand among international buyers. Prices rise to an average of € 2.400 per square meter.
Città d’ Arte: cities with a big cultural appeal
Italy’s Città d’Arte are magnets for buyers who want to immerse themselves in the country’s rich cultural heritage. Properties in these cities are highly sought after. Moreover, they come with a price tag reflecting their historic significance.
Here, too, prices vary significantly by location. A pied-a-terre ranges from € 5,422 euro per square meter in Milan to € 1,425 per square meter in Palermo.
According to Idealista’s editorial team (2024) Palermo features in the ranking of the world’s top 25 cities for remote workers, thanks to its beauty and affordability.
Average home prices in other popular destinations are as follows:
Rome: € 3,500 per square meter
Venice: € 3,300 per square meter
Verona: € 2,700 per square meter
Siena: € 3,000 per square meter
Pisa: € 2,500 per square meter
Bergamo: € 2,600 per square meter
Cagliari: € 2,500 per square meter
Parma: € 2,500 per square meter
Conclusion
Italy offers a diverse range of real estate opportunities. These include luxurious beachside villas and tranquil lakeside homes. Along with rustic country estates and cultural city dwellings.
Property prices vary significantly depending on the location. Coastal and historic city properties are generally the most expensive.
Whether you’re looking for a serene retreat in the countryside or a home in the heart of Italy’s art cities, we want to help you find the perfect Italian home to purchase.
References:
Donaldson, E. (2024, April 3). Best places to live in italy for families. Idealista. https://www.idealista.it/en/news/lifestyle-in-italy/2024/04/03/2874-the-best-places-to-live-in-italy-for-expats-and-their-families#Trento
Editorial Team. (2024, September 10). Palermo among the best destinations in the world for remote workers. Idealista. https://www.idealista.it/en/news/lifestyle-in-italy/2024/09/10/182980-palermo-among-the-best-destinations-in-the-world-for-remote-working
Milan Photo retrieved from Wikipedia on September 23, 2024: By https://www.pexels.com/u/ghostpresenter/ – https://www.pexels.com/photo/architecture-blue-sky-buildings-city-409127/, CC0, https://commons.wikimedia.org/w/index.php?curid=115335755
