The real estate market in Italy has been a strategic asset for Americans moving to Italy as renting or buying property is much affordable compared to the United States. It is anticipated to grow through 2025 due to steady demand, low housing supply, and lower interest rates in Europe.
Nevertheless, keep in mind that prices may vary depending on the location you move to. As the capital of Italy, houses for sale in Rome typically cost €3,353 per square meter, while rentals are €23.59 per square meter. In Milan, houses for sale range from €5,456 per square meter, with rentals at €28.63 per square meter.
On the other hand, the accommodation options are much more affordable in rural areas. For example, Calabria, located in Southern Italy, offers more affordable options, with houses for sale at €834 and rentals at €10.20 per square meter.
