Have you ever thought of getting away from the chaos of city life for a while? A trip to the mountains might be just what you need. In this article, we will suggest a few places that are worth visiting and that will probably leave you longing for these stunning destinations. But what are the most affordable places to buy a house in the mountains in Italy?
When you decide to buy a house abroad you should take a number of factors into consideration such as where the property is located, its size, the price and the level of comfort in terms of work and family life. If your budget is low but you love the mountains, Italy is an excellent place to buy property. Indeed, except for a number of locations which are famous for ski resorts and are thus quite expensive, generally speaking, Italian property prices sink in inverse proportion to altitude.
Besides low prices, a predominant characteristic of the real estate market in the mountains is its emphasis on site-specific design which is meant to preserve the surrounding natural environment, its resources and the topographic features of the land.
Moreover, many of the houses in the mountains are mostly old and thus are sold at very competitive prices. This means that if you save money on the purchase price, you will be able to invest in renovation works or in creating a cutting-edge home which suits your needs and meets your desires.
Besides it being a long-term investment, purchasing a property in the mountains brings a number of advantages; for instance, there are variable mortgage rates with interests which are less than 1%; furthermore, owning a property in the mountains makes it easier to rent it both in the summer and in the winter, as opposed to seaside houses which are popular only in the summer.
Nowadays, the real estate market offers a wide variety of choices; among these for instance are properties which are located near historic city centers and are thus protected by the so called Soprintendenza Archeologia Belle Arti, which determines officially the historic and artistic value of a property (this brings fiscal advantages and it gives the property extra prestige). Rustic houses are also very popular although you should keep in mind that they will need to be renovated by respecting certain parameters so as not to alter their structure and their historic value. Other types of property include chalets that are extremely modern and well-equipped; normally, these are located just outside the city center and can be found for sale at very affordable prices.
Having said this, it is clear that Italy offers a wide range of properties that have the potential to meet all investors’ needs and budgets. In other words, you will find properties ranging from €80,000 to €1,000,000 and sometimes these might even be located in the same area. Among the regions in Italy which might be worth considering are:
- Aosta Valley:
Oulx –> on average, prices are around 1.500 euros per square meter.
Macugnaga –> you can buy a house from 2.500 euros up to 3.500 euros per square meter.
Valtournenche, Torgnon, Antey-Saint-André –> the prices range between 1.800 and 3.000 euros per square meter.
- Piedmont:
Sestriere –> the price for a house in Sestriere is about 3.500 euros per square meter.
Bardonecchia –> you can spend a minimum of 2.500 euros per square meter depending on the value of the house.
- Trentino-Alto Adige:
Andalo –> prices range from 2.500 euros to 3.000 euros per square meter.
Folgaria and Costa –> prices vary from 1.800 to 3.000 euros per square meter.
- Veneto:
Asiago –> here prices may vary from 1.400 to 2.700 euros per square meter.
- Abruzzo:
Roccaraso –> here the minimum price is 2.000 euros per square meter.
Locations in the province of L’Aquila –> prices on average are around 1.500 euros per square meter.
If you need help finding the property that best suits your needs, feel free to contact us at info@italiarealestatelawyers.com for a free consultation. We will be glad to help you!
