Housing prices in Tuscany have fallen by almost 30% since the economic crisis struck country. In 2014 market of property in Tuscany seemed to have stabilized. New conditions make a challenge for overseas buyers, dreaming about white-stone Italian home, but at the same time, provide wider opportunities for investment. Bargaining is still possible and price asked may be reduced by 5-8% during the negotiations.
Landscapes of Tuscany with its famous rolling vineyards or cypress trees standing in lines along the roads are one of the most beloved postcard views. Small hotels in picturesque countryside are in demand among tourists. Some investors are even purchasing whole villages, refurbish and renovate houses, develop infrastructure and rent out. Property for sale in Tuscany may become a good opportunity for a second house life-choice or for an investment in a restoration project.
Biking, cycling, cooking, wine and spa tours are the most frequent offers for tourists coming to Tuscany. Florence and its mighty duomo, famous wonky tower of Pisa or Siena with its grand sloping piazza, are well known and so frequently visited. Real estate for sale in Tuscany is in demand, as its cities may compete for tourist popularity with Rome and Venice. Siena province is also a good all-year round destination for buying property in Tuscany, where you may enjoy calm and relaxant spa vacation on thermal waters. Apartments in Florence start from about €7,000 per square. Even a rural countryside such as the famous Chianti Hills is cheaper and mostly chosen by those, who are looking for calm residence, good food and antique points of interest. The coastal area with its bourgeois Forte dei Marmi or Viareggio may successfully compete with Cote d’Azure.
2 bedroom apartment, located near ski resort of Abetone, may be purchased for €70,000. It’s located on the second floor of chalet-style house and its area of 50 sq. m. holds equipped kitchen, bathroom, living room with dining area, and terrace with a view of Monte Cimone. The same “squares” in Monte Argentario worth €100,000. In this case price is charged for studio apartment, located near the sea. A two bedroom apartment in Florence is offered for €178,000. For this price future owner will get renovated housing equipped with air conditioning, alarm, laundry room and bathroom with window.
Its eternal landscapes may charm you forever. Here come to enjoy art, culture and sophisticated rural relaxation, so don’t count on the very expensive deal.