Сheap houses for sale in Italy 2023-2024. Complete guide

Let’s establish from the outset that this article is focused on inexpensive houses in Italy that can be bought on the mainland. In a separate article, we have prepared material on how to buy a cheap house in Sicily. We provide specific examples and sources here, so please consider this as practical material.

How to buy cheap houses in Italy? Let’s analyze the ways

You will find:

Cheap property for sale in Puglia

Cheap property for sale in Calabria

Cheap property for sale in Umbria

Cheap property for sale in Abruzzo

Сheap homes in Italy 2023 – 2024

We have decided to implement the “Maximum” program. This means that we will describe the approaches that will allow not only to buy affordable property in Italy but also to choose a region in which this real estate should increase in value.

To provide you with this useful information for buying a home, we suggest looking at it as an investor. We do not have an investment project to offer you, but we know how investors think.

The first thing to do is to think about the future. You can buy a cheap house, invest money in its renovation, but its price will not increase due to the low attractiveness of the region. This is what bad investors do. Good investors look at factors that can change the value of real estate. And that factor is the construction of new infrastructure facilities that will improve the attractiveness and accessibility of the city for business, tourism, and the convenience of residents. Have you noticed that property prices rise when a new metro line is laid in an urban area? We are talking about the same thing, only on a countrywide scale. Let’s look at the major infrastructure projects planned in the cities of Italy.

  1. The construction of a high-speed railway line between Naples and Bari. This project, called the “Line of Life,” is one of the largest infrastructure projects in Italy and involves the construction of a 270 km new railway line. Advice: Find out where this road will pass and take a closer look at the towns near Naples and Bari. Property prices are expected to rise there. By the way, a subway is being built in Bari and Taranto, and both cities are located on the seaside.
  1. The construction of a new road between Salerno and Reggio Calabria in the Calabria region. This road is being built as part of the project to build a bridge between Italy and Sicily. The new road will run along the coast. Explore these places.

Also, as part of the “Grands Travaux” (Grandi Lavori) project, new railway stations will be created, and road infrastructure will be improved in various regions of Italy. Some of the cities that will receive new railway stations include:

  • Rimini, Bologna, Florence, Naples, Bari, Palermo;

FAQ: Сheap houses in Italy:

What is the cheapest part of Italy to buy property?

The cheapest part of Italy to buy property is in the south, particularly in Sicily and Calabria.

What is the cheapest part of Italy to buy property?

We describe three ways to buy a house in Italy inexpensively in this material. Continue reading..

Where is the cheapest coastal property in Italy?

The cheapest coastal property in Italy is also in the south, particularly in Sicily and Calabria. We wrote a good article about houses for 1 euro near the sea.

At the same time, it is possible to identify traditional regions with low property prices:

Puglia – a region in the south of Italy known for its white sandy beaches and traditional culture. Here, apartments and houses can be found at more affordable prices than in other regions of Italy.

Calabria – another region in southern Italy located on the coast of the Mediterranean Sea. Property prices here can also be lower than in more popular tourist destinations.

Abruzzo – a region in central Italy located between the Adriatic Sea and the Apennines. Here, real estate can be found at more affordable prices, especially in small towns and villages.

Umbria – a region located northeast of Rome. It is a quiet and beautiful region known for its culture and history. Real estate prices here can be lower than in other parts of Italy, especially in small towns and villages.

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As we can see on the Map, cheap coastal homes in Italy can be found in the following regions: Viterbo, Chieti, Foggia, Caserta, Lecce, Taranto, Cosenza, Crotone, Catanzaro, Reggio Calabria.

The Map of Inexpensive Houses and Regions in Italy for 2024

Cheap houses to buy in Italian villages

We have already written about the 1 euro houses program, and if you are interested in this initiative, you can read a large article about free houses for 1 euro . However, before you do, we want to warn you that it’s not necessary to participate in this program. Instead, think of these cities and villages as areas where cheap houses are available. Many of these municipalities want to improve their demographic situation and may offer incentives and benefits for relocation and home purchases. If you are a business owner and want to start your own small business (such as growing olives, grapes, or creating a farm), we suggest you familiarize yourself with the concept of Special Economic Zones in Italy (“Zona Economica Speciale” (ZES)) and (Zona Economica Speciale della Sicilia Occidentale) for Sicily. It includes the following cities and regions:

Taranto in the region of Apulia (Puglia)The region of Calabria
Salerno in the region of CampaniaThe region of Sardinia (Sardegna)
Porto Empedocle in the region of SicilyTaranto and Bari in the region of Apulia
Naples and Pompeii in the region of CampaniaRimini in the region of Emilia-Romagna.

User FaQ:

How to Save on Home Renovation?

In Italy, there is a range of bonuses that allow you to benefit from discounts on renovations, furniture, or home insulation. Special bonuses are also available in seismic-prone zones

Is it worth undertaking the reconstruction of ruins to buy a cheaper house?

This question requires extensive discussion. We have written an interesting article on ‘1 Euro House Before and After Renovation.’ Perhaps it will shed light on the complexity of the process. Our advice is to minimize extensive investments and redesigns, as they often end up being more expensive.”

Are taxes high in Italy, and does it affect the cost of a house?

We can say that Italy has high taxes and fees. The transaction with a notary will cost you a minimum of 4,000 – 5,000 euros, which, in our view, is an inflated price for their services. An alternative solution may be when a part of your house is designated as residential property, and another part is classified for business purposes. This way, you pay lower taxes. Look into this matter.

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2 Comments

  1. Steve legino says:

    Looking I am a American contractor looking to move to Italy!

  2. Leonidas Stroumpos says:

    Hello ,
    I’m interested in buing an abandoned house with plot in Italy preferably at Chianti area between Sienna-Figline Val DArno and Piza.
    I’m also interested in anandoned house all along the coast villages from Herculanum-Sorento-costierra Amalfitana -Salerno.
    Also interested in northern areas such as lake Como and surroundings.
    Also interested for a 1 euro house preferably with plot at the areas above.
    Thank you very much
    L.S.