Buying a Property in Italy

23 August 2024

Italy is a European gem where culture, heritage, and architecture seamlessly blend with modern design. This country, known for its relaxed Mediterranean way of life, offers an irresistible mix of romantic cities, stylish Alpine retreats, and captivating countryside landscapes. Italy’s legendary islands and over miles of stunning coastline only add to its charm. When it comes to natural and cultural riches, Italy undoubtedly holds a winning hand.

Location

Italy’s history as a land of independent city-states and fiercely loyal regions continues to shape its character today. Italians are deeply proud of their regional roots, perhaps more so than almost any other people. If you ask someone from Cortona where they’re from, they’re likely to say Tuscany before mentioning Italy. Italy is divided into twenty regions, ranging from the mountainous Aosta Valley to the plains of Puglia. Each region has its own traditions and culinary specialties, such as Liguria’s focaccia or Tuscany’s Chianti wine, offering homeowners a uniquely diverse Italian experience.

Veneto ” Venice”

Venice offers an unparalleled sense of arrival, where streets are replaced by canals, and the city’s timeless charm and grandeur never cease to captivate. Strict planning regulations and natural limitations have preserved Venice’s character for over five centuries. The labyrinth of canals, historic palaces, and 409 bridges connecting its 117 islands have inspired artists and writers from Canaletto to Byron.

Despite its compact size, Venice boasts more artistic treasures per square mile than any other city in the world. The steady influx of tourists makes rental properties in high demand, with well-located apartments potentially yielding returns of five to six percent. Located in the Veneto region of northeast Italy, Venice is divided into six districts, or sestieri, with three on each side of the Grand Canal. Santa Croce, San Polo, and Dorsoduro (including the island of Giudecca) lie to the left of the Grand Canal, while Cannaregio, Castello, and San Marco are on the right.

Tuscany

The British fascination with Italian property began in Tuscany, where the region’s charming, spacious stone houses have set the standard for holiday homes sought by buyers worldwide. This central Italian region has been meticulously preserved by local authorities, who have diligently protected its renowned landscape from overdevelopment. Tuscany may come with a higher price tag, but that’s because it truly stands apart.

Rich in artistic heritage and offering an enviable lifestyle, Tuscany’s cities, towns, and countryside are a captivating blend of beauty and culture, set against a quintessential Italian backdrop of olive groves and vineyards. Whether it’s a row of stately cypress trees or a Botticelli masterpiece, Tuscany beckons you to stay, gaze, and savor the moment.

Despite its well-preserved history, Tuscany is a region of notable contrasts than the potential buyers must carefully consider where they want to settle in this diverse landscape.

Puglia

Puglia, located in the heel of Italy’s boot, is a sun-drenched southern region known for its ancient olive groves, vineyards, and sandy beaches along the Adriatic and Ionian Seas. The region’s architecture is truly unique, featuring robust masserias—fortified farmhouses built from soft local limestone—alongside the iconic whitewashed trulli found in the UNESCO World Heritage town of Alberobello. Additionally, modern apartments with sea views are available near the picturesque city of Lecce.