Real Estate in Piedmont, Italy
Last updated on Aug 05, 2024
Summary: The average cost of a nice 2 bedroom home in Piedmont, Italy is around €200,000, while a nice 3 bedroom home can cost around €250,000. These properties typically include modern amenities such as air conditioning, central heating, and a fully equipped kitchen. Some may also include a terrace or balcony, and a private garden. There are no restrictions on foreign ownership for properties in Piedmont. An expat should search for a home to buy in Piedmont by researching the local real estate market, looking at listings online, and visiting the area to get a better feel for the neighborhoods. The most desirable neighborhoods in Piedmont include Turin, Asti, and Alba. These areas are known for their beautiful architecture, vibrant culture, and excellent restaurants.
How do I find a place to live in Piedmont?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"One option for finding a place to live in Piedmont is to search online for rental listings. Websites such as Immobiliare.it, Casa.it, and Idealista.it are popular sites for finding rental properties in the region. Additionally, you can contact local real estate agents who specialize in the area to help you find a suitable place to live. Additionally, you can look for rental postings in local newspapers and on bulletin boards in the area. Finally, you can also ask friends and family who live in the area for recommendations," said one person in Piedmont.
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What is a typical expat home or apartment like in Piedmont?
"Expat homes and apartments in Piedmont are typically spacious and modern, with large windows that let in plenty of natural light. Many of the apartments have balconies or terraces, offering stunning views of the surrounding countryside. The interiors are often decorated with traditional Italian furnishings and artwork, creating a warm and inviting atmosphere. Expats in Piedmont can also enjoy the convenience of modern amenities such as air conditioning, high-speed internet, and modern appliances," said one person in Piedmont.
Become ‘Italian for a While’ with IFA! Learn in Italy on a 1-week to 12-month program - open to students, young adults, graduates, digital nomads, professionals, groups, faculty-led programs, and more. Take courses at an accredited school while immersing yourself in the language, life, and culture among your international peers. Submit an inquiry with IFA to learn more.
Click connect to have our partner contact you via e-mail and/or phone.
Become ‘Italian for a While’ with IFA! Learn in Italy on a 1-week to 12-month program - open to students, young adults, graduates, digital nomads, professionals, groups, faculty-led programs, and more. Take courses at an accredited school while immersing yourself in the language, life, and culture among your international peers. Submit an inquiry with IFA to learn more.
Click connect to have our partner contact you via e-mail and/or phone.
What is the average cost of housing in Piedmont?
If you are thinking about moving to Piedmont, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Piedmont varies depending on the location and type of property. Generally, the average cost of housing in Piedmont is higher than the national average, with prices ranging from moderate to expensive. Renting a property in Piedmont can be expensive, with prices for a one-bedroom apartment in the city centre ranging from €600 to €1,000 per month. Buying a property in Piedmont is also expensive, with prices for a two-bedroom apartment in the city centre ranging from €150,000 to €400,000," remarked one member in Piedmont.
Should I buy or rent a home in Piedmont?
If you have not spent a lot of time in Piedmont, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"Buying a home in Piedmont can be a great investment. The region is known for its beautiful landscapes, rich culture, and excellent food. The cost of living is relatively low compared to other parts of Italy, making it an attractive option for those looking to purchase a home. However, if you are not ready to commit to a long-term purchase, renting a home in Piedmont can be a great way to experience the area without the long-term commitment. Renting can also be a great way to explore the area and decide if it is the right place for you before making a larger investment," explained one person living in Piedmont, Italy.
What do I need to know when buying property in Piedmont?
When we asked expats what advice they would give a foreigner before buying a property in Piedmont, they said:
"When buying property in Piedmont, it is important to research the local market and understand the legal requirements for purchasing property in the region. It is also important to be aware of the taxes and fees associated with buying property in Piedmont, such as the registration tax, the mortgage tax, and the transfer tax. Additionally, it is important to be aware of the local building regulations and zoning laws, as well as any restrictions on foreign ownership of property. Finally, it is important to work with a qualified real estate agent who is familiar with the local market and can help you navigate the process of buying property in Piedmont," said one person in Piedmont.
Are foreigners allowed to own property in Piedmont?
When we asked expats what advice they would give a foreigner before buying a property in Piedmont, they said...
"Yes, foreigners are allowed to own property in Piedmont. According to Italian law, non-EU citizens are allowed to purchase property in Italy, provided they obtain a permit from the Italian Ministry of Interior. EU citizens are allowed to purchase property in Italy without a permit. However, all foreign buyers must register the purchase with the Italian Land Registry and pay the applicable taxes," wrote one expat who made the move to Piedmont.
What appliances are typically included in a rental?
We asked foreigners in Piedmont what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"Rental properties in Piedmont typically include a refrigerator, stove, oven, washing machine, and dishwasher. Other common appliances may include a microwave, toaster, and coffee maker," remarked one foreigner who made the move to Piedmont.
Additional Information about Searching for a Home in Piedmont:
We asked foreigners in Piedmont what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...
"Expats can search for homes in Piedmont by looking online for real estate listings, contacting local real estate agents, and searching for rental listings on websites such as Airbnb and HomeAway. Additionally, expats can look for housing options in local newspapers and magazines, as well as asking friends and family for recommendations," said one expat in Piedmont.
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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