Real Estate in Lake Garda, Italy
Last updated on Jul 04, 2024
Summary: People living in Lake Garda, Italy offer advice about real estate. How do you find a home in Lake Garda? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Lake Garda?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"To find a place to live in Lake Garda, you can start by researching the different towns and villages around the lake to determine which area suits your preferences and needs. Some popular towns include Sirmione, Desenzano del Garda, and Riva del Garda. Once you have chosen a specific area, you can begin searching for available properties through local real estate agencies or online property portals such as Immobiliare.it, Casa.it, and Idealista.it. These websites allow you to filter your search based on property type, size, price, and location. Another option is to join local Facebook groups or online forums dedicated to Lake Garda, where you can ask for recommendations and advice from locals and expats who are familiar with the area. They may be able to suggest specific neighborhoods, apartment complexes, or even private landlords with available properties. If you are planning to rent a property, it is advisable to visit Lake Garda in person to view potential homes and meet with landlords or real estate agents. This will give you a better understanding of the local housing market and help you make an informed decision. Finally, once you have found a suitable property, make sure to carefully review the rental agreement or purchase contract, and seek legal advice if necessary, before signing any documents," explained one person living in Lake Garda, Italy.
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What is a typical expat home or apartment like in Lake Garda?
"A typical expat home or apartment in Lake Garda, is likely to be a charming and spacious property with stunning views of the lake and surrounding mountains. These homes often feature traditional Italian architecture, with stone walls, terracotta floors, and wooden beams. The interiors are usually well-appointed, with modern amenities and comfortable furnishings. Many expat homes in Lake Garda also have outdoor spaces, such as terraces or gardens, where residents can enjoy the beautiful scenery and mild Mediterranean climate. Some properties may also have access to shared facilities, such as swimming pools or tennis courts, depending on the community they are located in. Overall, expat homes in Lake Garda offer a comfortable and picturesque living experience, allowing residents to fully immerse themselves in the Italian lifestyle," explained one expat living in Lake Garda, Italy.
What is the average cost of housing in Lake Garda?
If you are thinking about moving to Lake Garda, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Lake Garda, can vary greatly depending on the location, type of property, and amenities. On average, you can expect to pay around €2,000 to €3,000 per square meter for an apartment, while a villa or house may cost between €3,000 and €5,000 per square meter. However, these prices can be significantly higher in more desirable areas or for properties with lake views and luxury features," said one person in Lake Garda.
Should I buy or rent a home in Lake Garda?
If you have not spent a lot of time in Lake Garda, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"The decision to buy or rent a home in Lake Garda, depends on several factors, including your financial situation, long-term plans, and personal preferences. If you have the financial means and plan to stay in Lake Garda for an extended period, buying a home may be a good investment. Owning a property allows you to build equity, customize your living space, and potentially benefit from the appreciation of property values over time. Additionally, Lake Garda is a popular tourist destination, so you may have the opportunity to generate rental income when you are not using the property. On the other hand, renting a home in Lake Garda offers more flexibility and fewer responsibilities. Renting allows you to explore different areas of the region without committing to a long-term investment. It also frees you from the responsibilities of property maintenance and taxes. Renting may be a more suitable option if you are unsure about your long-term plans or if you prefer not to tie up your finances in a property investment. Ultimately, the choice between buying and renting a home in Lake Garda depends on your individual circumstances and preferences. It is essential to carefully consider your financial situation, lifestyle, and future plans before making a decision," said one person in Lake Garda.
About the Author
Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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