Italy is a very beautiful and popular country, being considered amazing not only because of its food but also due to incredible people, art, culture, music and so much more. Italy is an extremely popular location for luxury property buyers.
The luxury estate market has become very active recently and is considered one of the best in the European property market. The quality of real estate in Italy is one of the best. If you have no money issues and want to enjoy an opulent lifestyle, Italy can provide you with some of the most exclusive and amazing homes.
Here are some of the wealthiest places and communities in Italy where you can buy fancy property.
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Naples
Naples is the third-largest city in Italy after Milan and Rome and is famous for its natural beauty and is considered a very vibrant and beautiful city.
Those who like to live in big cities could really like Naples. Property is about 2,700 EUR per square metre here on average and beautiful houses can be bought for about 230,000 EUR.
Venice
Venice is the capital of the northern Italy region and is constructed on more than 100 small islands on a lagoon in the Adriatic Sea. It is also known as “La Dominante” or the city of water. It is among the most beautiful cities in the world, having spectacular bridges, striking architecture and amazing places to travel.
The cost of property here is about 3,104 EUR per square metre. You can buy upmarket apartments in Venice for an average price of 1,900,000 EUR, although prices depend upon the area.
Florence
Florence is the capital of Italy’s Tuscany region and comes in at number 3 on our list. This city is home to many masterpieces of Renaissance art. Florence is famous for its culture, architecture, monuments, and numerous art galleries and museums.
The average property price of the property in Florence is 4,000 EUR. You can buy a luxurious villa in Florence for about 3,500,000 EUR on average.
Rome
Rome is the largest city in Italy and its capital and is famous for its marvelous architecture. This place is full of life and charm and is at the top on many visitors’ travel list. Therefore it is no surprise that Rome is one of the most expensive cities in Europe.
The majority of buyers in Rome are Italians who often demand luxurious buildings and houses. In 2020 the price of a property in Rome on average is 4,200 EUR per square metre. You can buy a luxury villa in Rome for an average of 3,500,000 EUR, while exclusive apartments are available for about 2,500,000 EUR.
Milan
Number one on our list is Milan, which is considered Italy’s economic heart and also very famous for its fashion industry.
It is the most expensive city in Italy because of its business centre, so property is much in demand in the city with prices haven risen by 7.7% here in the past 12 months. The city is more expensive than Rome, especially when it comes to accommodation.
Being an extremely expensive city, property prices have reached up to 5,600 EUR per square metre on an average. A luxury home with a pool in Milan can be bought for 4,400,000 EUR, while some apartments are available around 2,700,000 EUR.