15 Best Places to Buy Property in Italy (2025 Budget Guide & Tips)
A residential area in the Veneto region, Italy.
Close-up of colorful houses on the coastal village of Riomaggiore, Italy
Ever dreamed of owning a slice of Italy? Look no further. In this guide, we’ll reveal the 15 best places to buy property in Italy for 2025, no matter your budget or style. From charming hilltop towns and lively cities to peaceful countryside retreats, we’ve got you covered.
Plus, enjoy our handy budget breakdown and must-know tips for foreigners navigating the Italian real estate market. Ready to find your Italian home? Let’s get started!
Why Italy is a Top Choice for Buying Property
Planning to buy property in Italy? You’re in luck. In 2024, the Italian real estate market topped $8.03 trillion.
According to analysts, it will grow at 1.02% through 2029. Most of that is homes, since 72–74% of locals already own property. That means well-kept villages, Tuscany villas, and seaside towns are rock-solid bets for property buyers.
From Sicily castles to rolling hills in Tuscany, Italy has a range of property options that feel like living a dream.
Top 15 Best Places to Buy Property in Italy
Ready to buy property in Italy? These 15 spots make your euro stretch and your heart smile. From Tuscan villages to seaside gems, you’ll find your perfect home.
1. Milan, Lombardy
Milan is Italy’s top spot to buy property in 2025. As the financial hub, its Italian real estate market attracts many foreigners and locals.
Property prices in Milan have risen by 3.1% since 2023. The average cost is €5,456 per square meter.
However, the city center listings hit about $804–845 per square foot. If you want to buy a property, Milan’s investment potential is hard to beat.
2. Rome, Lazio
Rome offers history and modern perks. As Lazio’s heart, it’s one of the best places to buy property. Recent values rose 1.3%, with an average price of €3,395/m².
In the city center, prices hover at $711–742 per sq ft. For a foreigner or someone moving to Italy in 2025, it’s smart to buy property in Italy.
The Italian real estate market is more accessible than Milan. You’ll find a range of property options from classic apartments near ruins to sleek new builds.
3. Florence, Tuscany
Florence, Tuscany’s crown jewel, blends Renaissance charm and a healthy real estate scene in Italy. Prices climbed 2.8% in town and 3.38% in the metro. This simply shows its strong market health.
Houses by the river in Florence.
The average cost hits €4,279 per square meter (about 489–520 USD/ft²). You can snag a one-bedroom apartment just for €135,000. Or you could also go for a countryside three-bedroom villa starting at €450,000. Italy offers these options for foreigners eager to buy a house in Italy.
4. Italian Lakes (Lake Como)
Lake Como is another great location to buy properties in Italy. It also has spectacular views and outdoor fun.
At €2,784 per square meter, real estate here feels like a bargain compared to coastal spots. One-bedroom lake view apartments start at €80,000. Meanwhile, detached houses cost around €108,000.
With high tourist demand in picturesque towns like Bellagio and Varenna, investment potential is strong. Plus, proximity to Milan and Switzerland makes international living easy.
5. Venice, Veneto
If you’re eyeing picturesque Italian options, Venice is calling! It ranks among the best places in Italy for real estate in Italy for various reasons, including its historic architecture. However, it’s mostly thanks to strong investment potential.
Even as a foreigner, you can snag a one-bedroom holiday home for €190,000. You could also opt for a three-bedroom canal-side house from €535,000. At about $534 per square foot, these Italian properties promise rental income and a home by the sea.
6. Bologna, Emilia-Romagna
This culinary hub was named a top European spot in 2018 by Lonely Planet. City center real estate runs about 401–412 USD per square foot. This is roughly half of Milan’s.
Sounds quite affordable, right?
One-bed apartments start at €220,000. Village homes can be under €100,000. Bologna also has investment potential and Italian properties. In addition to its stunning countryside, it’s a top property market choice.
7. Turin / Piedmont Ski Resorts
Turin puts you close to the Milky Way ski resorts while offering great value. Its property prices average about 326 USD per square foot in the city center.
In the mountains, homes for sale start at €169,000 for a two-bedroom apt. However, it starts at about €300,000 for a detached house. Foreigners love it for international living and an authentic Italian lifestyle.
8. Palermo, Sicily
Palermo sits in Sicily as the most affordable city. It also ranks among the best places in southern Italy for new buyers.
At €1,469 per sqm (163–203 USD/ft² in the center), it offers real property bargains. You’ll find modern city apartments and a unique culture and cuisine.
It also offers charming countryside villas near sun-kissed beaches. With a low cost of living and mild climate, it’s perfect for foreigners and first-time buyers.
Aerial view of the ancient Greek theater of Taormina in Sicily with residential properties in the background.
9. Abruzzo
Abruzzo is one of the best places for property bargain hunting. This southern Italy gem offers natural beauty from mountains to beaches, and authentic Italian village life.
Restorable homes start at €23,000. Meanwhile, you can purchase two-bedroom townhouses at €55,000 in towns like Casoli and Introdacqua.
10. Ostuni, Puglia
Ostuni, the White City in Puglia, perches on a hilltop just ten minutes from the Adriatic Coast. This picturesque village draws foreigners looking for a perfect home in southern Italy.
You can snag a one-bedroom apartment for €60,000. You could also go for a renovation project at €50,000.
Beaches are also nearby, and year-round rental demand is strong. The growing expat scene helps newcomers adjust, and you still get that authentic Italian charm.
11. Matera, Basilicata
Matera is one of the best places in southern Italy for a foreigner craving unique vibes. This village of ancient cave homes (Sassi) is a UNESCO treasure.
You’ll find one-bedroom apartments from €90,000. You can also buy authentic Sassi cave houses from €250,000. With growing tourism, Matera’s property values are rising fast.
Think of it as countryside charm meets history. If you are seeking unique properties in Italy, it is time to buy a property in Matera. Contact local real estate agents to explore.
12. Cefalù, Sicily
Cefalù sits on Sicily’s coast. It’s a medieval village with golden beaches that charm summer tourists.
Holiday homes for sale start at €180,000 for a one-bedroom villa-style apartment. Meanwhile, three-bedroom villas on the outskirts hover around €290,000.
Evenings here revolve around the passeggiata, fresh seafood dinners, and laid-back vibes. Thanks to Sicily’s growing fame, Cefalù is the best place to buy Italian coastal property for strong rental returns.
13. Lucca, Tuscany
Lucca blends historic charm and countryside access. It is just a short drive from Pisa airport. Its 2.5-mile medieval walls give this Tuscan village a unique feel.
Homes for sale start at 240,000 euros for three-bedroom apartments and 245,000 euros for detached villa-style houses.
You’ll also find farmhouse-style homes and rustic retreats in Lunigiana under €100,000. Bargain hunters can keep Tuscan flair without hefty property tax.
14. Perugia, Umbria
Perugia offers character stone homes. It also offers real Italian charm without Tuscany prices. One-bed apartments start at €45,000, and detached houses at €42,000.
Near Lake Trasimeno, this Umbrian village is a top spot for people who want affordable property in Italy.
15. Costa Smeralda, Sardinia
Houses on the coast of Sardinia, Italy.
Costa Smeralda in Sardinia offers a unique blend of glamorous beaches and village charm.
Entry-level homes in Olbia start at €60,000. Two-bedroom villas, on the other hand, hit €169,000. If you need holiday rentals, you’ll find excellent offers here.
Quick Comparison: Indicative Property Prices
For detailed city comparisons and current market data, Numbeo provides comprehensive statistics.
Budget Guide for Buying Italian Properties
Thinking about buying a home in Italy but worried about costs? This budget guide breaks down prices, taxes, and fees. Plan your Italian dream without breaking the bank.
Understanding the Costs When You Buy a Property in Italy
Want to buy in Sicily or Abruzzo? Great choice! But you still pay extra fees. In Italy, buyers cover 9.05%–32.82% of the price in taxes and fees. That means if you dream of owning a place, budget wisely. Property Registration Tax is 2% for a primary home and 9% for a second home.
New or renovated properties add VAT of 4%–22%. Then you face notary fees of 1%–2.5%, legal fees of 1%–2%, plus 22% VAT. You’ll also have to deal with real estate agent commissions of 1.5%–4% plus VAT. Don’t forget a Land Registry Tax of 1%. All in euros.
Financing Options for Foreigners Buying a Property
Looking for financing as a foreigner? Getting a mortgage in Italy means opening an Italian bank account. It also means you’ll be saving a hefty deposit.
Banks often lend just 50–60% of a home’s value, so you’ll need 40–50% in cash. Remember, property prices in Italy can vary from Sicily villages to cities like Milan, so plan carefully.
You’ll deal in euros, handle currency exchanges, and work with a notary. Talk to a local realtor or financial advisor. They will help you find the best deal and avoid surprise fees.
The Truth About €1 Homes in Italy
Residential houses on the Italian coast.
Ever heard of Italy’s €1 home craze? In charming villages from Sicily to Abruzzo, councils offer abandoned houses for €1.
But here’s the catch: you must invest in hefty renovations. You also have to keep them going for at least 3 years, plus post a big deposit.
These “labor of love” deals often end up costing more than property prices in Italy elsewhere. For most buyers, the best places to buy are the regular market.
Essential Tips for Foreigners Buying Property in Italy
Buying property in Italy as a foreigner can be exciting but challenging. You’ll need to know the basics before making a move. These tips will guide you through working with agents and handling legal steps. You’ll also learn how to avoid common mistakes so you can relax and enjoy your Italian dream.
Key Steps in the Purchase Process for Italian Properties
Successful property purchases begin with obtaining a codice fiscale (Italian tax code). This is essential for all property transactions. This process typically takes a few days through Italian consulates or directly in Italy.
Opening an Italian bank account is usually necessary for property transactions. Many banks offer services specifically for international buyers, streamlining account opening processes.
Engaging a notary (notaio) ensures legal compliance throughout the purchase process. Notaries in Italy maintain strict independence. They also provide crucial consumer protection by verifying property titles and legal requirements.
Overview of the Italian Property Market & Types of Properties
The Italian property market is alive with options for everyone. You can find cozy city apartments, Tuscan villas, or seaside houses in Sicily. We’ll look at different property types you can find in Italy’s real estate.
Popular Types of Italian Properties
Italy offers diverse options. Apartments (Appartamenti) shine in Liguria villages or modern city towers. These usually come with low upkeep and easy urban living.
Villas offer detached homes with private gardens. They’re also ideal if you want to buy near the sea.
Farmhouses (Casali) like those in cities like Abruzzo often need renovation. However, they promise a vineyard dream, surrounded by rustic village views. Their harming masserie mix warm character with countryside calm.
Townhouses (Case a Schiera) blend multi-story space and historic flair. These choices hit the best places to buy and cover a wide range of property prices in Italy.
For those considering European investment opportunities, make informed decisions after understanding Italy's position among European property markets.
Conclusion
Italy offers diverse opportunities for property buyers. Explore bustling city apartments to tranquil countryside villas. By understanding the best locations, budgeting effectively, and navigating the purchase process carefully, your dream of Italian property ownership can become a reality. Remember to seek professional local advice for optimal outcomes.
Frequently Asked Questions About Buying a Property in Italy
Where is the best place to buy property in Italy?
The best location depends on your priorities and budget. Milan offers strong rental returns and business opportunities. Tuscany provides lifestyle appeal and tourism potential. Sicily and Abruzzo offer excellent value. These are best for first-time buyers seeking affordable entry into the Italian market.
Where is the best city to invest in real estate in Italy?
Milan typically leads in investment returns due to strong business demand and limited supply. Rome offers stability and diverse rental markets. Conversely, Florence combines lifestyle appeal with solid tourism fundamentals. Consider your investment timeline, budget, and risk tolerance when choosing locations.
