Real Estate in Italy. The Best Places to Buy in 2024.
Real Estate in Italy. The Best Places to Buy in 2024.
In this video I give you my opinion on the best 10 places in Italy to buy property for the year 2024.
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hi how do you find an English speaking agent?
If i ever buy anything in Italy it will probably be in Abruzzo. North – usually more expensive, worse climate(gloomy winters – lots of rains and mists) and bad air quality(especially in bigger cities), South – too much crime/too far away from everything else. Abruzzo just seems nice overall, even though bigger cities might not be cheap, but plenty of smaller ones which are cheaper.
Trieste is the best! The whole region of Friuli Venezia Giulia is so underrated. There are so many beautiful towns, that are quite cheap and one can find very affordable homes🙌🏻 Friuli Venezia Giulia is a way to go if you ask me😍😍😍
I was born in Italy, came here to America young, I’m from Mola Di Bari and I’m thinking of just going to a city like Leche and just rent for a month and travel around from there if I want to stay longer, I’ll rent two months, overall, isn’t it more practical to just rent and not own
I bought a house in Francavilla al Mare in Abruzzo, my family home is in Chieti also in Abruzzo so I was very familiar with the area.. I prefer Bari over every other city. Love Bari. Love your videos.
Thank you for the information it's helpful, how about investing in vercelli any idea?
Wonderful country amd great tax breaks for the wealthy
Hi Giorgio – thanks for another superbly executed Italian Property Video with a huge dose of "practicality." Many other Italian Property Bloggers are focused on "Cheapest" and/or "One Euro Cult" , however, this is very short sighted thinking imho. Personally, as a semi retired young man (69 years) living in Florida USA with a taxable income of 100K and a current Federal Tax rate of 35% (soon to be 40% imho) , I am very keenly interested in the Italian 7% Income Tax incentive. In the simplest terms, if I were to relocate to a locale in Italy and only be subjected to a total income tax of 7% then the annual tax savings becomes very compelling advantage. Again ,imho, this is the real golden pot at the end of the Italian Property Rainbow. Rather than focus on getting a nightmare renovation project for one Euro , I personally would rather buy a beautiful property and feast daily on my very approximate $28K annual tax savings. What say you, Giorgio? Please mention the "ins &outs" of this 7% program in future property videos. For example if you mention Bari as a beautiful and richly populated city , then what nearby towns of villages with good transportation to Bari would you consider knowing that you would qualify for the 7% Tax Incentive, Cheers from Miami Beach and PEACE to ALL 🙂
Amazing summary, George! Thank You so much. Do You also sell the property in Italy?
How about Turino as investment in long term rent?❤
Hi, where do you get your statistics from? Firstly, let me say I note that only some of the places you mention have good medical services. What about the rest? I personally feel that it is important to have good medical facilities wherever you invest in a property and live as a permanent resident. After researching, I feel that Italy sadly lacks in many places. Considering that Italy is meant to have excellent health care, statistics show that it appears to be in the North and mainly in Rome and Milan. Thank you for sharing.
Thanks for this video. Any thoughts on Sulmona in Abruzzo?
Dear all I just wanted to add that the three towns I recommend on Lake Como are 1) Mandello del Lario 2) Bellano and 3) Lecco
Giorgio-great video, very comprehensive! Would suggest spelling out the names of further areas discussed like the important 3 towns around Lake Cuomo that you discussed. Many thanks!!
I love these lists! I'm looking for a place with more of an urban feel, but a huge metropolis; something with a population between 100K – 500K or so. I also want a city where I can easily get to an international airport without owning a car and that has good railway connections to the rest of Italy. Based on this, the cities from your list that I'm most interested in are Bari, Genova, Palermo, and Turin.
Trieste is intriguing. What are the railway connections like there? I'm a bit concerned about it being geographically isolated from the rest of Italy. Why did cities like Taranto, Lecce, Brindisi, Ancona, or Catania make the list? Prices? Infrastructure?
Also, why have prices in some of these places fallen so far from their 2014 levels? Was there an irrational increase in property values leading up to 2014 or has something happened since 2014 to make values fall?
Thanks for the video! I'm looking forward to this type of content on other countries!
Happy to see you have included Lake Como in your list, that's the area I am very interested in looking for an apartment, my only worry…what is humidity like in Summer? and can you recommend an area that's affordable with low or medium humidity? Your videos are great, always enjoy your commentary and ideas!!
I personally think it is kinda crazy that you do not mention Abruzzo which is one of the most unspoiled areas of Italy, with an average price of 1300 sqm, it is unbeatable.
Thank you Giorgio for this lovely presentation. I just finished reading a book about Ravenna which deeply impressed me. Therefore it would be my favourite city to move to followed by Vicenza and Perugia.
I agrey bút why the BEAUTYFUL ABRUZZE REGIONS ?? you got ski and sea , history , authenticiteit ….
I can very much agree with your choice – for me it is hard to decide between Trieste and Turin – i prefer the more central geographic position of Turin but I live the coast on the Adriatic of Trieste – I might go for Trieste for that advantage – what do you think?
Turin would be my #1 city in Italy for retirement. For all the cities of similar size, Turin has the biggest bang for property value, healthcare, arts, culture, and of course, FOOD! Very underrated city for whatever reasons. I also like experiencing four seasons in the northern, rather than the summers of the south with gates-of-hell hot weather. I may disagree on placement with some of your recommendations, but all fine locations. It really comes down to what resonates with us.
The city I am considering moving to is in your list! 🙂 Vicenza is on the top of my list… maybe not Vicenza proper but in the immediate area around Vicenza.
Really Lake Como affordable? I thought it was for millionaires only.
I always look forward to your Italian recommendations but as a potential expatriate, only Scalea gets under the wire for the 7% flat tax for those seeking residency. The population limit is 20,000. It would be great to see a ranking of those towns attracting expats.
Great video you captured here!
Turin resident here, the city has good prices but its prospect are not good as Milan or Rome, so dont expect to make return net of fees on 10-20 years period. Renting to Politectnico / Univeristy of turin can yield 8-10% gross yearly but its work. Reccomended minimum investment is around 160k. Real Estate auctions have good deals, but auctions in italy are gnarly
I really enjoy your best places to buy, by country videos. I like your selections for the top 10 but do not know enough to say I agree or don't agree. I am very interested in Italy and I would like to know how you define, "very good medical facilities" please? Thank you in advance.
Turin indeed is amazing and very underrated 😊
My favourite city is Venice but like you said rightly Giorgio, Venice and Florence is very expensive to own a house. As for Turin, it’s very close to Milan as well.
Shalom from Israel 🇮🇱 thanks for the video Giorgio!