Buying a historic house in Italy offers the chance to own a piece of the richest, grandest culture in the western world. But if you’re tempted by the beauty and splendour of a Renaissance, Baroque or even a Roman home, what should you consider?
Everyone can feel like a millionaire in Italy, where the sights, sounds, tastes and warm sunshine are available whatever your income level. But if you actually are a high-net worth individual (HNWI), what are the special benefits of living and buying property here?
Amazingly, you can still find affordable properties in Italy, even in Tuscany, Sicily and Puglia. Whether looking for a holiday home, a cheap doer upper or a nice spot to retire to, there are plenty of properties for sale for less than €200,000. You can even find countryside villas and stone houses needing some modernisation for under €100,000.
In the Your Overseas Home 2024 Buyer’s survey, over 50% of people looking to buy property in Italy told us they’re looking for a second home, rather than a primary residence, retirement casa or investment property.
As we reach the end of the summer season, how did Italy’s tourist trade do in the summer of 2023? Where did the tourists go and what did they most appreciate? We’ve crunched the numbers…