Real Estate in Tuscany, Italy
Last updated on Nov 11, 2024
Summary: People living in Tuscany, Italy offer advice about real estate. How do you find a home in Tuscany? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Tuscany?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Finding a place to live in Tuscany, involves several steps. First, you need to decide on the type of accommodation you want. This could be a villa, an apartment, a farmhouse, or a townhouse. Next, you should determine your budget. This will help you narrow down your options and make your search more manageable. Once you have a clear idea of what you're looking for, you can start your search. There are several online platforms where you can find listings for properties in Tuscany. Websites like Rightmove, Zoopla, and Immobiliare.it are good places to start. You can also consider hiring a real estate agent. They can help you navigate the local market, arrange viewings, and negotiate prices. Make sure to choose an agent who is registered and has a good understanding of the local market. When you find a property you're interested in, arrange a viewing. This will give you a chance to see the property in person and ask any questions you might have. If you're moving from abroad, it's also important to consider the legal aspects of buying or renting a property in Italy. You may need to hire a lawyer to help you with this. Finally, once you've found a place you like and have sorted out the legal aspects, you can make an offer. If it's accepted, you'll then need to sign a contract and arrange for the payment. Remember, finding a place to live in Tuscany can take time, so it's important to be patient and not rush the process," explained one expat living in Tuscany, Italy.
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What is a typical expat home or apartment like in Tuscany?
"A typical expat home or apartment in Tuscany, often reflects the region's traditional architecture, with terracotta tiles, exposed wooden beams, and stone walls. These homes are usually spacious, with multiple bedrooms and bathrooms, a large kitchen, and a living area. Many have outdoor spaces such as a terrace or a garden, offering stunning views of the Tuscan countryside or cityscapes. The interiors are often a blend of classic and modern styles, with high-quality furnishings and appliances. The kitchen is usually fully equipped, as Italian culture places a strong emphasis on home-cooked meals. The living area often features comfortable seating, a fireplace, and sometimes even a wine cellar. In the bedrooms, one can expect comfortable beds, ample storage space, and often an en-suite bathroom. The bathrooms usually have modern fixtures, but they may also feature traditional elements such as a bidet. Many expat homes in Tuscany are located in close proximity to local amenities such as markets, restaurants, and shops. Some are situated in the countryside, offering peace and tranquility, while others are in the heart of cities like Florence or Siena, providing easy access to cultural and historical sites. Despite the traditional exterior, these homes often come with modern conveniences such as Wi-Fi, air conditioning, and central heating. Some even have a swimming pool, particularly those located in the countryside. In summary, a typical expat home in Tuscany combines the charm and beauty of traditional Italian architecture with the comfort and convenience of modern living," remarked one foreigner who made the move to Tuscany.
What is the average cost of housing in Tuscany?
If you are thinking about moving to Tuscany, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Tuscany can vary greatly depending on the location and type of property. For instance, in the countryside, you can find properties at a lower price, while in popular cities like Florence, the prices can be significantly higher. On average, you might expect to pay between 2,000 to 5,000 euros per square meter in the city. In smaller towns and rural areas, the average price can drop to around 1,000 to 2,000 euros per square meter. Luxury properties and historic homes can command much higher prices. It's also important to note that these are average prices and actual costs can vary based on a variety of factors including the condition of the property, its size, and its proximity to amenities," said one expat in Tuscany.
Should I buy or rent a home in Tuscany?
If you have not spent a lot of time in Tuscany, 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 Tuscany, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Tuscany for a long period or frequently visit, buying a home could be a good investment. Owning a property can provide stability and the freedom to make changes to your home as you see fit. However, buying a home also comes with responsibilities and costs, such as maintenance, taxes, and possibly a mortgage. It also requires a significant upfront investment. If you're not ready for these commitments, or if your stay in Tuscany is temporary, renting might be a better option. Renting can offer more flexibility, as it's easier to move if your circumstances change. It also doesn't require a large initial investment, and the landlord is typically responsible for maintenance and repairs. However, rent money does not contribute to an investment, and there may be restrictions on what you can do with the property. In both cases, it's important to thoroughly research the local real estate market, understand the legal implications, and consider seeking advice from a real estate professional. Ultimately, the decision should be based on what best suits your lifestyle, budget, and future plans," remarked one member in Tuscany.
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 Tuscany?
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