There are many reasons why buying a condo in Florence, Italy might be the best choice, depending the buyers expected lifestyle and their financial situation.
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.
Condos often require less maintenance than larger properties which can be a great choice for investors or people who do not want to spend a lot of time on upkeep.
Condos, especially luxury condos, can come with amenities such as gyms and pools that can make condo living feel more luxurious and convenient, and adds to the investment if purchasing to rent out.
Condominiums can come with security such as gated entrances, guards, and CCTV, plus condos are often located in desirable areas that might align with the lifestyle or investment goals.
Condos can be more affordable than larger homes, especially in high-demand areas, and often are located in communities.
In good locations condos can add capital appreciation in value over time, plus option to rent out the condo in the future brings in income.
Condos are typically smaller than single-family homes, they to be more energy-efficient, often with shared walls and common spaces which can reduce the cost of running, making it easier to maintain a lower cost of living.
Buying a luxury condo in Florence, Italy for sale makes the most sense for investors renting out who prioritize convenience, amenities, and low-maintenance living for their rental guests.
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