Italy is one of the world’s most popular tourist destinations. Attracting millions of visitors per year, this country has plenty to offer. Vacation is one thing, however, many come to Italy and simply don’t want to leave. Many from America and the UK begin the process of Italian property buying soon after their vacation. People fall in love with the culture, food, atmosphere, and landscapes.
The Italian culture is relaxed, focusing on a calm, stress-free day-to-day. They embrace a deep love and passion for fresh ingredients, food, and wine. Italians are known for their warmth in personality and of course having one for the romance languages.
However, Italian property buying can be a daunting experience. If you’re unsure where to start, or don’t understand the process or market, we are here to guide you. If focused on the correct things, Italian property buying is in your reach. Many think the idea is far-fetched while in reality, it could even become a business of its own. Then, it practically pays for itself! We’ve outlined a list of some things to consider during the Italian property buying process. Additionally, we will throw in some fun facts about your favorite celebrities who already own homes all over Italy. But certainly you don’t need to be George Clooney to own your Italian lake-side home.
ITALIAN PROPERTY BUYING:
TIPS AND TRICKS
- Look in a touristic area. The best way to make money off the property while you aren’t there is renting, whether for short or long term periods.
- Buy property with land good for olive trees or a vineyard. You can rent the land to a winemaker or begin the process yourself if you’re feeling courageous. Either way, it’s also a plus when renting the property to have these unique views on the land.
- Look for a place that can be split into multiple apartments or areas. Being able to rent while you’re there or away is a great way to fund the property. This also is a perk for large groups, adding to the attractiveness of the property for renting.
- Try hosting classes at your property. Things like cooking classes, property tours, or tours about wine oil production are good ways to sustain the property. People nowadays tend to lean toward experiential vacations so this is a good add on to what you can offer.
- A great amenity is a swimming pool. Find a property with a swimming pool or if have the funds, put one in. This makes all the difference for your summer holiday guests and when pricing the property.
Italian Property Buying in Hollywood
George Clooney – Lake Como
Leonardo di Caprio – Verona
Brad Pitt and Angelina Jolie: Veneto
Colin Firth – Pieve, Umbria
Sting – Villa in Tuscany where he produces oil, biological wine, and honey.
Elton John: Giudecca Island, Venice