What is the average cost of housing in Italy?
If you are thinking about moving to Italy, cost of living in probably a key consideration. Expats commented about the cost of housing...
"Our housing costs are higher here only because of the higher rate of electricity. Electricity is very expensive here. I don't know the average rate of housing here," remarked another expat who made the move to Bergamo, Italy.
"Well, property taxes here are incredibly low. At least compared to my native California. Houses and even apartments can be very expensive here though. There are places here in Catanzaro, apartments, overlooking a parking lot asking over 400,000 EURO! We bought our beautiful property (just outside of Catanzaro and about 15 minutes to the Mediterranean sea) with a lot of land and producing orchards and rebuilt the home spending around 600,000Euro. However, going outside the city into a rural community, even 10km outside of town, you can pay half of that. Here, neighbours are an issue and there are many lawsuits when they cannot get things sorted out (especially in our area where there are many lawyers who are unemployed). We got lucky and have a large piece of property with no problems. Here, in the country you can get a good deal. If my property were in California, we would be paying well over 1,000,000 dollars easily! We enjoy our life in the country here and wich those thinking of coming here the same good fortune," explained one expat living in Catanzaro, Italy.
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What is the average cost of housing in Italy?
If you live in Italy, newcomers to Italy would love to hear your answer to this question.
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.