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Reduced-price and cheap Italian property

The idea of buying a home in Italy has long appealed to generations of visitors, thanks to Italy’s stunning landscapes, world-famous cities such as Rome and Florence and its centuries of rich tradition. Now, with the current economic climate, it has become a lot easier to find reduced and cheap property in Italy.

                                  

Discounted 12th century tower
47,000 off
Home with price lowered by 25,000
Tuscan house reduced by 140,000

€140,000 off

60,000 off
Italian home with 100,000 price cut
New houses, 10% off
40% off
Bargain home with 15,000 off
Over 15,000 off
25,000 off
10% discount, new
Property with 15% bargain reduction
Half price
76,000 off
25,000 reduction
Property with 45% off
Over 25% off
Over 50% off
Italian estate reduced by 33%
                                  

The Italian real estate sector has traditionally offered better value than say, the US or UK market – and that holds even truer nowadays.

South-central and southern regions of Italy – such as Abruzzo, Basilicata, Calabria, Campania and Molise – may not be as popular as better-known areas such as Tuscany and Umbria, but they have infinitely more affordable property, with prices often up to 50 per cent cheaper.

As an example, as of 2012-13, just €25,000 can buy a one-bedroom apartment just a couple of minutes’ walk from the beach in parts of Calabria.

In addition, southern regions such as Calabria boast some of Italy’s most beautiful beaches; they have regular and improving air links to the rest of the world; and, as up-and-coming tourism hotspots, boast excellent rental potential.

That said, even in Tuscany – which as Italy’s most popular region attracts one in three of the 43 million annual visitors to the country – there are increasingly affordable bargains if one looks in the right areas, chiefly the Maremma, to the south of Tuscany, and hilly Lunigiana, to the north of the region.


 
 
 

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