Investors and private buyers are drawn to luxury apartments in Florence, Italy for sale or rent due to this being a prestigious internationally renowned destination.
In recent years Florence, Italy has become one of Europe's most sought after destinations for international buyers and investors seeking luxury real estate for personal use, income generation or a mix of both.
Florence (Firenze in Italian) can be found in central Italy, within the Tuscany region, situated alongside the Arno River and approximately 275 km north of Rome and 85 km south of Bologna.
Why buy properties or invest in luxury real estate in Florence comprises of many reason including that Florence is easily accessible by train, car, and air via Florence Airport (Peretola).
Owning property for many wealthy buyers means prestige to the buyer, and a connection to Italy’s rich culture, world-renowned art, architecture, and world famous museums.
Florence and Italy attract millions of visitors each year due to its natural beauty, crystal-clear waters.
Luxury properties here are desirable for wealthy individuals looking for vacation homes or permanent relocation to a tax-friendly location.
High daily rental rates during peak seasons (holidays, winter) can deliver strong returns. Even off-season, there's demand from business travelers, remote workers, and long-stay tourists. Upscale apartments command premium prices compared to standard rentals.
The luxury segment has shown resilience, even during economic downturns, especially prime waterfront or resort-located Florence, Italy luxury apartments for sale that tend to increase in value over time.
Real estate in the Florence, Italy allows you to diversify internationally, which can hedge against local currency or economic instability.
If looking at Italy as an overseas or foreign investor or buyer into Italian real estate, those who typically invest or purchase at €250,000 which varies according to the area chosen, can obtain Italian residency through the Golden Visa Program, making Italy an attractive gateway to the EU.
Italy offers both stability and opportunity to buyers and investors, as tourism to Italy brings in over 30 million visitors across the mainland and the Italian Isles.
Real Estate Agents and Property Developers in Florence, Italy
