History, culture, and elegance converge to create the alluring world of real estate in Italy. It’s a very active market that requires specialty knowledge and expertise.

LX offers direct access into this highly sought-after market, for purchase or sale, through our exclusive connections within Italy’s real estate landscape. Our commitment to excellence and network of top-tier specialists ensure that your journey to find the perfect Italian property is marked by complete professionalism. Italy’s distinctive quality of life, outstanding investment potential and overall stability make real estate in Italy a great option for foreign ownership.

Tuscany, particularly known for its postcard-worthy landscapes and historic charm, is a prime location for luxury properties. Therefore, buyers can discover villas tucked away in the picturesque countryside, surrounded by vineyards and olive groves. Along the stunning Amalfi Coast, Italy’s own coastal gem, luxury real estate overlooks the sparkling Mediterranean Sea. Villas perched on the cliffs offer unrivaled views of the coastline, while historic towns like Positano exude an exclusive ambiance. Additionally, more modern cities such as Milano offer sophisticated urban living.

However, average property prices vary based on the location and type of property. For instance, a villa in the Tuscan countryside can range from €500,000 to €2 million, while a luxurious apartment in the heart of Rome might be priced anywhere from €400,000 to several million euros. These diverse options showcase Italy’s enduring allure, where high-end living comes with a touch of history, culture, and natural beauty.

The main areas for luxury real estate homes and property in Italy:

• Tuscany
• Amalfi Coast
• Lake Como
• Rome
• Venice
• Portofino
• Sardinia
• Umbria
• Piedmont
• Milan

Italy offers a variety of locations and property types for different needs and preferences. With great investment potential for both quality of life and tourism, real estate in Italy also holds an opportunity to discover a cultural gem. Some of the main property types sought-after by foreign buyers in Italy include:

• What is it: Multi-unit living spaces located in city centers or urban areas.
• Benefits: Convenient access to city amenities, public transportation, and cultural attractions. Often require less maintenance than standalone homes.
• Ideal for: Professionals, young couples, individuals seeking a vibrant urban lifestyle.
• Where to find: Rome, Milan, Florence, Lake Como, Lesa, Stresa.

• What is it: Standalone homes, often with gardens or land, providing privacy and space.
• Benefits: Offers a tranquil living environment, space for outdoor activities, and potential for customization.
• Ideal for: Families, retirees, individuals valuing privacy and a connection to nature. Great for those seeking a balance between privacy and community.
• Where to find: Lake Como, Stresa, Taino, Belgirate, Florence, Tuscany, Via di San Donnino.

• What is it: Homes located along coastlines and lakes, offering breathtaking blue views and proximity to water.
• Benefits: Embraces a relaxed coastal lifestyle, provides stunning views, and can offer rental income during tourist seasons.
• Ideal for: Beach lovers, vacation home seekers, investors, individuals interested in water sports.
• Where to find: Lake Como, Stresa, Olbia, Lampedusa e Linosa, Baveno, Amalfi Coast, Oggebbio.

• What is it: Grand historic buildings with unique architectural and cultural significance. Likewise, sometimes these can even be former castles or palazzos.
• Benefits: Offers a sense of history and elegance, as well as potential for restoration and customization, and often located in picturesque settings.
• Ideal for: Those passionate about history, art enthusiasts, individuals looking for a truly distinctive home.
• Where to find: Verbania, Orto San Giulio, Stresa, Florence, Gignese, Positano, Baveno.

• What is it: Multi-story homes in city centers or historic districts, often featuring charming architectural details.
• Benefits: Combines urban living with a touch of history, compact size requires less maintenance, and offers a sense of community.
• Ideal for: City dwellers, individuals appreciating historic architecture and city life.
• Where to find: Florence, Naples, Forte dei Marmi, Portofino, Lake Como, Amalfi.

• What is it: Rural properties including farmhouses, village clusters known as Borghi, as well as expansive estates with land.
• Benefits: Embraces a countryside lifestyle, space for gardening and outdoor activities, as well as potential for agritourism or hobby farming.
• Ideal for: Nature enthusiasts, those seeking a slower-paced life, individuals interested in agricultural ventures.
• Where to find: Arona, Rignano Sull’arno, Greve in Chianti, Campagnano di Roma, Castellina in Chianti, Tuscany, Lasta a Signa.

Foreigners can indeed purchase property in Italy, but there are certain requirements and steps to follow. It’s important to note that regulations and requirements can accordingly vary based on factors such as the buyer’s nationality, the property’s location, and changes in Italian law. Consulting legal experts or professionals with experience in Italian real estate is highly recommended before any property purchace, to ensure a smooth as well as compliant process. Here’s an overview:

• What is it: A unique tax identification number required for various transactions in Italy.
• How to obtain: Apply for a Codice Fiscale at the local tax office or through the Italian consulate in your home country.

• What is it: Approval from the local land registry office to ensure compliance with legal requirements.
• How to obtain: This step is usually handled by the notary as part of the property transaction process.

• What is it: Proof that your home country allows Italian citizens to purchase property there.
• How to obtain: Obtain a certificate from your country’s authorities confirming reciprocity, if applicable.

• What is it: Compliance with any additional regulations or requirements set by the local municipality.
• How to obtain: Check with the local municipality where the property is located for any specific clearance needed.

• What is it: An Italian bank account required for financial transactions related to the property.
• How to obtain: Visit a bank in Italy and provide the necessary documentation to open a bank account.

• What is it: A legal professional who oversees the property transaction process.
• How to obtain: The notary is typically chosen by the buyer or seller and assists throughout the transaction.

• What is it: A declaration confirming your intent to use the property for residential purposes.
• How to prepare: This declaration is often prepared by the notary as part of the property transaction.

• What is it: An annual property tax payable by the property owner.
• How to pay: The property owner is responsible for calculating and paying the IMU tax each year to the corresponding local municipality.

• What is it: Taxes and fees related to registering the property transaction.
• How to pay: These are paid during the property transaction process, typically through the notary.

• What is it: Professional legal advice and assistance to navigate the complex property purchase process.
• How to obtain: Seek out a qualified Italian attorney or real estate professional to accordingly guide you through the process and ensure compliance.