Real Estate in Italy
Last updated on Nov 27, 2021
Summary: People living in Italy offer advice about real estate. How do you find a home in Italy? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Italy?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"On accident, really. We were in Perugia in an AirB&B. We noticed a poster for a concert on Isola Maggiore on Lake Trasimeno. We went, and were charmed with Passignano sul Trasimeno. We found an apartment and moved," remarked another member in Passignano sul Trasimeno.
"I researched a year before moving on the Internet and found apartmentsflorence.com who skyped with me from Florence. Lorenzo the owner described many different options and I felt very comfortable making the decision which apartment to rent before I moved. Took care of the first months rent online, very efficient," explained one expat living in Florence, Italy.
What is a typical expat home or apartment like in Italy?If you live in Italy, newcomers to Italy would love to hear your answer to this question.
"A mansarda, attic apartment. We know some expats who have bought "rustico" homes and embarked on extensive, and expensive, remodels. Others purchased apartments. We are renting a cheap apartment, but it is too small, too noisy, and are hoping to find something better," added another expat who made the move to Passignano sul Trasimeno.
"I chose a two bedroom apartment because my 28 year old daughter came with and we wanted our own bedrooms. Plus, we knew we would have relatives and friends come. There was an elevator that maybe half of the apartments have with washer in the unit. Not many houses to rent except maybe in the country," explained one foreigner living in Florence, Italy.
What is the average cost of housing in Italy?
If you are thinking about moving to Italy, cost of living in probably a key consideration. Expats commented about the cost of housing:
"Housing prices vary a great deal. A decent apartment can be had for 130,000 euros. Homes in the Umbria region though are disappointingly high priced. We've seen places for over 200,000 euros that needed extensive remodeling and repair. Rome and Naples and Florence are higher priced. The other factor is there are many homes that have poor lighting, no fly screens on the windows, very hard water that clogs pipes, and mold problems. It's hard to find a modern-designed home like you'd easily find in any town in the US," remarked another foreigner who made the move to Passignano sul Trasimeno.
"The euro was high in 2013 when I moved there at 1.47 so my first apartment was 1200 euro a month. I moved closer to the city center by the Ponte Vecchio and I paid 1600 euro which is much higher than Minneapolis. You can stay within 1000 for a two bedroom if you don't mind being out of the center of town or in a lower neighborhood," explained one person living in Florence, Italy.
Should I buy or rent a home in Italy?
If you have not spent a lot of time in Italy, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"We paid an attorney in Rome to ensure that the process was easy. He was expensive, but well worth the money. Without good language skills one is at the mercy of the system. Our attorney stood the ground for us when necessary," remarked another member in Minturno.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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