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Real Estate in Lake Como, Italy | Expat Exchange
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Real Estate in Lake Como, Italy

By Betsy Burlingame

Last updated on Nov 17, 2024

Summary: People living in Lake Como, Italy offer advice about real estate. How do you find a home in Lake Como? Should you buy or rent? What is the cost of housing?

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How do I find a place to live in Lake Como?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"To find a place to live in Lake Como, you can start by researching the different towns and villages around the lake to determine which area suits your preferences and budget. Popular towns include Bellagio, Varenna, Menaggio, and Como. Once you have chosen a location, you can search for available properties on Italian real estate websites such as Immobiliare.it, Casa.it, and Idealista.it. These websites allow you to filter your search based on property type, size, price, and other features. Another option is to contact local real estate agencies in the Lake Como area, as they can provide you with personalized assistance in finding a suitable property. You can find these agencies through a simple online search or by asking for recommendations from friends or acquaintances who have experience in the area. Social media groups and forums dedicated to expats living in Italy or specifically in the Lake Como region can also be a valuable resource. You can join these groups to ask for advice, recommendations, and potential leads on available properties. Finally, if you are planning to rent a property, consider visiting Lake Como in person to view potential homes and meet with landlords or real estate agents. This will give you a better understanding of the local housing market and help you make a more informed decision," explained one person living in Lake Como, Italy.

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What is a typical expat home or apartment like in Lake Como?

"A typical expat home or apartment in Lake Como, is likely to be a charming, well-maintained property with stunning views of the lake and surrounding mountains. These homes often feature traditional Italian architecture, with stone walls, terracotta roofs, and wooden shutters. Inside, the living spaces are usually spacious and bright, with high ceilings, large windows, and a mix of modern and traditional furnishings. Many expat homes in Lake Como also come with outdoor spaces, such as terraces or gardens, perfect for enjoying the beautiful scenery and mild climate. Additionally, these properties are often located in close proximity to local amenities, such as shops, restaurants, and public transportation, making it convenient for expats to explore and enjoy their new surroundings," explained one person living in Lake Como, Italy.

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What is the average cost of housing in Lake Como?

If you are thinking about moving to Lake Como, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Lake Como, can vary greatly depending on the location, size, and type of property. On average, you can expect to pay around €3,000 to €5,000 per square meter for an apartment, while luxury villas can cost anywhere from €5 million to €30 million. Rental prices for a standard apartment can range from €500 to €1,500 per month, while luxury vacation rentals can cost several thousand euros per week," said one expat who made the move to Lake Como.

Should I buy or rent a home in Lake Como?

If you have not spent a lot of time in Lake Como, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"The decision to buy or rent a home in Lake Como, depends on several factors, including your financial situation, long-term plans, and personal preferences. If you plan to stay in the area for an extended period and have the financial means, buying a home can be a good investment, as Lake Como is a popular tourist destination with high demand for vacation rentals. Owning a property also allows you to customize your living space and potentially benefit from appreciation in property value over time. On the other hand, if you are unsure about your long-term plans or prefer not to commit to a large financial investment, renting a home in Lake Como may be a better option. Renting allows for more flexibility, as you can easily move if your circumstances change or if you decide to explore a different part of Italy. Additionally, renting a home means you won't have to worry about property maintenance, taxes, and other responsibilities that come with homeownership. Ultimately, the choice between buying and renting a home in Lake Como depends on your individual needs and preferences. It's essential to carefully consider your financial situation, lifestyle, and future plans before making a decision," remarked one member in Lake Como.

About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

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