The historic centre is expensive, you’ll pay around €5,800 per m² for an apartment in the Centro Storico, but some areas are more affordable than others. One affordable area to watch is the trendy Quartiere Trieste, a favourite of students, where prices are closer to €4,800 per m². In the suburbs, you can pay under €2,000 per m².
This buoyant market translates into a well-positioned apartment in a historic building starting at around €500,000.
A two-bedroom apartment near Florence’s historic centre can cost from €340,000 but can generate good returns from holiday rentals.
The historic centre is most expensive, with 80m² properties costing around €240,000. A one-bedroom will cost you from about €200,000 and a two-bedroom stylish apartment in an old building can cost from €380,000. For less than a €1 million you can also find properties within a palazzo with beautiful frescoes.
Prices have been going up and down since 2008 with a slow rise in prices in the last few years. A property in Venice will have massive rental appeal, but there restrictions that may come in on AirBnb. An 80m² property in Cannaregio goes for €385,000, while one in Giudecca goes for €325,000.
Apartments in the prestigious central areas of Turin cost over €300,000 for a two bed flat.
Sea View Apartments
A one-bedroom apartment in one of the pretty villages on the Ligurian coast can cost from €280,000. Apartments on the Amalfi coast run into the millions but further south in Salerno coast the prices are more affordable at around €200,000 for a 2 bed apartment
Apartments sale in Puglia and southern Italy cost less than in the north of Italy. There are bargains to be found with two bedroom properties for sale in Salento or Brindisi going for around 60,000 Euro.
Lake View Apartments
Lake Garda and Lake Como in the Lombardy and Lake Maggiore in Piemonte are very popular places for anyone looking for apartments Italy. All the lakeside towns attract visitors throughout the year so rental income provides good returns.
Apartments for sale on the Italian Lakes are located in one of the most scenic parts of Italy, prices can be steep. Three-bedroom apartments with a lake view, private terrace and garden on Como start at around €300,000. Lake side apartments on Maggiore, with access to a pool, start from €165,000. The Italian lakes have good accessibility with the airports of Malpensa, Milan Linate and Brescia. The area offers an idyllic Italian experience in an outstanding natural environment, perfect as a second home location.
Traditional apartments in the hills and village apartments to renovate can still be snapped up for under €100,000 but expect to pay over €150,000 for an apartment that is ready to move in. Also, take a look at Lake Iseo, Lake Maggiore and Lake Orta (Piedmont).