Real Estate in Bergamo, Italy
Last updated on Mar 16, 2023
Summary: The average cost of a nice 2 bedroom home in Bergamo, Italy is around €200,000, while a nice 3 bedroom home can cost around €250,000. These properties typically include modern amenities such as air conditioning, central heating, and a fully equipped kitchen. Some may also include a balcony or terrace. There are no restrictions on foreign ownership for properties in Bergamo. Expats should search for a home to buy in Bergamo by using online real estate portals, such as Immobiliare.it, or by contacting a local real estate agent. The most desirable neighborhoods in Bergamo include the historic center, the Città Alta, and the Città Bassa. These areas offer a mix of modern amenities and traditional Italian charm.
How do I find a place to live in Bergamo?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"One of the best ways to find a place to live in Bergamo is to search online for rental listings. There are many websites that offer listings for apartments, houses, and other types of accommodation in Bergamo. Additionally, you can also search for rental listings in local newspapers and on social media platforms. Additionally, you can also contact local real estate agents who can help you find a suitable place to live in Bergamo," remarked one foreigner who made the move to Bergamo.
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What is a typical expat home or apartment like in Bergamo?
"Expat homes and apartments in Bergamo are typically modern and spacious, with high ceilings and large windows that let in plenty of natural light. Many apartments have balconies or terraces, offering stunning views of the surrounding countryside. The interiors are often decorated with contemporary furnishings and feature modern appliances and amenities. Expats in Bergamo can also expect to find a variety of amenities in their neighborhood, such as restaurants, cafes, shops, and parks," said one person in Bergamo.
What is the average cost of housing in Bergamo?
If you are thinking about moving to Bergamo, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Bergamo varies depending on the type of accommodation and location. Generally, renting an apartment in the city centre can cost between €500 and €1,000 per month, while renting a house in the suburbs can cost between €400 and €800 per month. Prices may also vary depending on the size and condition of the property," said one person in Bergamo.
Should I buy or rent a home in Bergamo?
If you have not spent a lot of time in Bergamo, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"Whether to buy or rent a home in Bergamo depends on a variety of factors. Buying a home in Bergamo can be a great investment, as the city is known for its beautiful architecture and rich cultural heritage. However, it is important to consider the cost of purchasing a home in Bergamo, as well as the cost of upkeep and maintenance. Renting a home in Bergamo can be a more cost-effective option, as it allows for more flexibility and can be a great way to experience the city without the long-term commitment of buying a home. Ultimately, the decision to buy or rent a home in Bergamo should be based on individual needs and preferences," said one person in Bergamo.
What do I need to know when buying property in Bergamo?
When we asked expats what advice they would give a foreigner before buying a property in Bergamo, they said:
"1. It is important to research the local market and understand the current trends in the area before making a purchase. 2. It is important to understand the local laws and regulations regarding property ownership and taxation. 3. It is important to hire a qualified lawyer to assist with the purchase process and to ensure that all legal requirements are met. 4. It is important to obtain a survey of the property to ensure that it is in good condition and that there are no hidden defects. 5. It is important to obtain a mortgage pre-approval before making an offer on a property. 6. It is important to understand the local customs and culture when negotiating a purchase. 7. It is important to be aware of any additional costs associated with the purchase, such as closing costs, taxes, and fees," said one person in Bergamo.
Are foreigners allowed to own property in Bergamo?
When we asked expats what advice they would give a foreigner before buying a property in Bergamo, they said...
"Yes, foreigners are allowed to own property in Bergamo. Non-Italian citizens are able to purchase property in Italy, provided they have a valid residence permit. The process of purchasing property in Italy is similar to that of other countries, and involves obtaining a mortgage, signing a purchase agreement, and registering the property with the local land registry office. Foreigners may also be required to obtain permission from the Italian government before they can purchase property in certain areas," explained one person living in Bergamo, Italy.
What appliances are typically included in a rental?
We asked foreigners in Bergamo what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"Rental properties in Bergamo typically include a refrigerator, stove, oven, and washing machine. Some properties may also include a dishwasher, microwave, and other small appliances. Furniture is usually not included in the rental, but may be available for an additional fee," said one expat in Bergamo.
Additional Information about Searching for a Home in Bergamo:
We asked foreigners in Bergamo what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...
"Expats can search for homes in Bergamo by looking online for real estate listings, contacting local real estate agents, and searching for rental listings on websites such as Airbnb and HomeAway. Additionally, expats can look for housing options in local newspapers and magazines, as well as asking friends and family for recommendations," said one in Bergamo.
About the Author
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.
Other Questions:
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- What is the average cost of housing in Bergamo?
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