Real Estate in Turin, Italy
Last updated on Mar 03, 2023
Summary: The average cost of a nice 2 bedroom home in Turin, 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 updated appliances. Foreigners are allowed to purchase property in Turin, however, they must obtain a permit from the local government. An expat looking to buy a home in Turin should start by researching the different neighborhoods and researching the local real estate market. They should also consider enlisting the help of a local real estate agent to help them find the right property. The most desirable neighborhoods in Turin include San Salvario, Aurora, and Vanchiglia. These areas are known for their vibrant culture, excellent restaurants, and easy access to public transportation.
How do I find a place to live in Turin?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"We used a Relocation Agent I asked the company to hire. We looked at 15-16 apartments, most of which were terrible. Landlords rent the 4-walls and not much else. Painting, repairs, lighting and installing a kitchen is up to the tenant (Ikea is the most economical for kitchens). We have only 1 car, so it was important to be on/near a public transportation line (excellent, by the way) and close in to the city," remarked one member in Torino.
"One of the best ways to find a place to live in Turin is to search online for rental listings. There are many websites that offer listings for apartments, houses, and other types of accommodation in the city. Additionally, you can also search for rental listings in local newspapers and magazines. Additionally, you can also contact local real estate agents who can help you find a suitable place to live in Turin. Finally, you can also ask friends and family who live in the city for recommendations," explained one expat living in Turin, Italy.
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What is a typical expat home or apartment like in Turin?
"We live in a 2 bedroom, 2 bath room apartment with 10 foot ceilings, a parking garage, elevator and doorman. It is fairly typical. Other choices to living in the city are the small hills above the city where a duplex is the norm (called Villas), or occasionally a single-family home is available," explained one person living in Torino, Italy.
"Expat homes and apartments in Turin 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 city and the surrounding mountains. The interiors are often decorated with contemporary furnishings and artwork, and the kitchens are typically well-equipped with modern appliances. Expats in Turin can also expect to find plenty of amenities in their neighborhoods, such as restaurants, cafes, and shops," said one expat in Turin.
What is the average cost of housing in Turin?
If you are thinking about moving to Turin, cost of living in probably a key consideration. Expats commented about the cost of housing:
"Much higher. Meat is expensive. Gasoline/diesel is high. It's cheaper to buy clothes and house items in the US on holidays and bring them back in the suitcase," said one person in Torino.
"The cost of housing in Turin can vary depending on the type of accommodation and the area. Generally, the average cost of renting an apartment in Turin is around €800-€1,000 per month, while the cost of buying a property can range from €1,500 to €2,500 per square meter," said one expat who made the move to Turin.
Should I buy or rent a home in Turin?
If you have not spent a lot of time in Turin, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"Buying a home in Turin can be a great investment, as the city is known for its vibrant culture and beautiful architecture. However, it is important to consider the cost of living in the city, as well as the availability of rental properties. Renting a home in Turin can be a great option for those who are looking for a more flexible living situation, as it allows for more freedom to move around and explore the city. Additionally, renting can be a more cost-effective option for those who are not yet ready to commit to buying a home. Ultimately, the decision to buy or rent a home in Turin will depend on your individual needs and preferences," remarked one foreigner who made the move to Turin.
What do I need to know when buying property in Turin?
When we asked expats what advice they would give a foreigner before buying a property in Turin, 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 also important to understand the local laws and regulations regarding property ownership and taxation. 3. It is advisable to seek professional advice from a lawyer or real estate agent who is familiar with the local market. 4. It is important to consider the cost of living in the area, as well as the availability of public transportation, schools, and other amenities. 5. It is also important to consider the potential for rental income, as well as the potential for capital appreciation. 6. Finally, it is important to ensure that the property is in good condition and that all necessary paperwork is in order before making a purchase," remarked one foreigner who made the move to Turin.
Are foreigners allowed to own property in Turin?
When we asked expats what advice they would give a foreigner before buying a property in Turin, they said...
"Yes, foreigners are allowed to own property in Turin. 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. Foreigners may also be required to obtain permission from the Italian government before they can purchase property in certain areas," said one foreigner living in Turin, Italy.
What appliances are typically included in a rental?
We asked foreigners in Turin 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:
"In a rental property in Turin, tenants can typically expect to find a refrigerator, stove, oven, and washing machine. Additionally, some properties may include a dishwasher, microwave, and other small kitchen appliances," remarked one foreigner who made the move to Turin.
Additional Information about Searching for a Home in Turin:
We asked foreigners in Turin 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 Turin by looking online for real estate websites that specialize in the area, such as Immobiliare.it or Casa.it. They can also search for rental listings on websites such as EasyStanza or Idealista. Additionally, expats can look for local newspapers or magazines that list available properties, or contact a real estate agent who specializes in the area," said one in Turin.
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 Turin?
- How do I meet people in Turin?
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- What is life like as an expat in your area?
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- What are the visa & residency requirements in Turin?
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