Piemonte, meaning at the foot of the mountain, offers second home buyers a taste of authentic Italy. The region is in Italy's northwest, and borders Switzerland and France. Piemonte has some of Europe’s most breath-taking landscapes with snow capped Alps, magnificent lakes and rolling hills with olive groves or vineyards. The landscape is just one reason why Piemonte attracts so many second home buyers, there are many more.
Piemonte is an all year round region. In winter skiers head to Sestriere which hosted the 2006 winter Olympics. In summer, trekking and cycling are popular pursuits, while the lakes of Magggiore and Orta offer sailing, wind surfing and canoeing. The lakes also provide a spectacular backdrop for the summer music festival held in Stresa, on the western shore of Lake Maggiore.
The high influx of tourists visiting the lakes make Maggiore and Orta interesting for investors, or those looking to earn rental income from their property. A typical two bedroom home can rent for 1,000 Euro per week. On Lake Maggiore, properties are more expensive the closer you are to the lake, look to pay around 2,500 euro per m2 for a lakeside property, but on the surrounding hills prices fall to around 1,750 Euros per m2.
Food and wine make Piemonte a magnet for food lovers. The region produces some of the world's finest wines, notably Barolo, and is home to the precious white truffle. Many festivals throughout the autumn are based around the dishes in which it is used. Not to be missed are the International Truffle Fair in Alba between October and November, and the Barolo Festival held in September in Le Langhe
Property prices in Le Langhe are in the region of 1,400 Euro per m2 for a country house with a vineyard.
Piedmont has many festivals and events related to the regional dishes such as Bagna Cauda (hot bath): a hot sauce served as a starter, typically seen in Piemonte homes around Christmas time and often served with Barbera, a wonderful wine from the Asti area of Piemonte.
Asti is also home to one of the most ancient festivals held in Italy. The Palio in Asti takes place in September and dates back to the XII century. A colourful pageant in medieval costume is followed by a thrilling horse race through the streets of the ancient town.
A stone farmhouse in Asti can be purchased for around 1,000 Euros per m2 while a property in need of renovation sells for about 600 Euro per m2. Farmhouses usually come with barns which make ideal accommodation for guests.
Worth mentioning also are the International Book Fair and the famous Ciccolatò chocolate festival, held annually in Turin (Piemonte is also the birthplace of Nutella). One of the lesser known festivals takes place in Santa Maria Maggiore every autumn. Chimney sweeps from all over the world meet up to celebrate the noble, but sadly dying, art of sweeping chimneys.
And the region has plenty of history, art and culture to enchant you. Residences of the Royal House of Savoy and La Reggia della Venaria Reale in Turin are both UNESCO world heritage sites and are a must to visit. The Sacri Monti (Sacred Mountains) which are a series of chapels running across Piemonte and Lombardia and are also a UNESCO site.
Piemonte offers a choice of landscapes for second home buyers. It is a vibrant region, well served by international airports at Turin, Milan Malpensa, and Genova. And despite being one of the few Italian regions without a coastline, the Italian Riviera is around an hour's drive.
Take a look at some of our Piemonte properties listed below and Contact us to find out more about well priced real estate for sale in Piemonte. And if you are searching for a commercial vineyard or a B&B property, we can help here too.