If you are searching to buy a property in central Italy, you’ve definitely considered the two regions Umbria and Tuscany. However, Le Marche is a less expensive option and can be absolutely beautiful also. This region offers a combination of mountainous terrain, rolling hills, countryside plains, and the sea. For price estimates of properties, you can easily find the information you are looking for on Italy’s main real estate sites: Osservatorio di Immobiliare. Also, click here for prices in this specific area. Buying or renting in this region is a great steal considering the prices here are the lowest in central Italy yet you don’t sacrifice anything. With a Le Marche property, you have access to all the magic of this part of the peninsula at a much cheaper price.
Le Marche Property Pricing
From prices recorded in January of 2017 and 2018, the average cost of property dropped 4%. They went from about €1.853/sq.m. to €1.774/sq.m. Since the last official calculation, the prices have continued to drop significantly. Also, countryside homes are even less than these recorded averages. A house in the countryside could cost as little as €900/sq.m. City apartments are more expensive and bring up the overall average of prices of Le Marche property. Additionally, if you are looking to buy property here in Italy, it’s important to familiarize yourself with certain terminology. Homes of different types may not be the same as you are used to. Therefore, begin your search with the right keywords! In the section “property types” below, we have compiled a list of the property types. These are most likely the names you will see and what you can expect.
Attico or Mansarda = Attic
Loft or Open space = Loft
Appartamento = Apartment / Flat
Villetta a schiera = Townhouse
Casa indipendente = Independent Home
Rustic or Casale = Country-style Home / Farmhouse
Villa = Villa
Palazzo or Stabile = Building / Mansion
Also, check out our post about The Magic of Le Marche for more information about the region!