Location : Arenzano , Genoa
Property Type: ApartmentProperty Terms: For SaleLocal Currency Price: Price in USD: $224,000
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Investing and buying luxury property in Italy in locations like Milan, Rome, and Lake Como are evocative of the best things in life, in places where luxury real estate tends to hold its value over time.
Italy offers attractive tax regimes, and great tax incentives for non-residents such as flat taxes on foreign income, and those retirees that can get benefits as low as 7% for 10 years in select southern towns. Italy wants investors in Italian real estate, and Italy are prepared to make the offers.
With Italy's strong international demand foreigners account for around 70% of luxury property buyers in Italy, reflecting high international appeal, with a high level of North Americans looking for affordable properties to use for personal vacations or as investments, where personal enjoyment and rental income can be accommodated.
Italy offers a rare mixture of luxury properties, amazing lifestyle, great investment potential, and superb tax incentives, particularly for those with global or international outlooks.
Locations such as Tuscany, Puglia, Costa Smeralda or Lake Como are world class destinations offering an array of luxury real estate investments and personal use properties that can be purchased through real estate agents or direct from owners using the for sale by owner route.
Sicily and Liguria offer more cheaper or affordable coastal luxury properties that can offer strong rental yields, while Milan and Rome remain firm favorites for both personal use buyers as well as investors.