Did you know that foreigners can own a piece of real estate in Italy? Yes. It is possible. How, and is it easy to do so? Yes. The process is easy and straightforward as long as you hire a good real estate agent. Why purchase property there? The three good reasons to invest in Italy include owning a summer vacation home, a place to retire and simply as a good investment. What makes it a good investment? For a good variety of reasons as we would discuss here.
Italy’s cost of living is quite lower than those of the US and the UK especially in the rural areas. Costs of course would rise as one gets closer to tourist centers.
Climate – Italy’s Mediterranean climate gives it over 500 hours more sunshine than the UK to enjoy the beach or relaxing drinks on the hotel or villa balcony. The most pleasant weather is due South in Sicily or Sardinia where there are plenty of summer homes for sale.
Culture – Italian culture is more than pasta, pizza and Pisa. It’s an exotic mix of arts, music, architecture and religion as well as family. You will appreciate the gatherings between extended families in local restaurants while soaking in the festive atmospheres of annual fiestas or relaxing atmospheres in local cafes of historic centers.
Cost of Living – one of the bigger questions many ask while deciding to migrate and purchase foreign real estate. Italy’s cost of living is quite lower than those of the US and the UK especially in the rural areas. Costs of course would rise as one gets closer to tourist centers. Local taxes, produce and public transport are also cheaper.
Health – speaking or health, Italians observe a healthy lifestyle, consuming mostly fresh meats and produce, which, if one settles in rural areas are available on the cheap. Plus, purchasing a cheap countryside property can give buyers much needed fresh air.
Sights – and lastly, there are plenty of natural and historical sites to visit and having a property in Italy makes touring the country and its neighbors so much easier.
