Cheap Properties in Italy: How to Find a Cheap Property in Italy to buy Online?
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Intro
The divisions of Italy
Prices per Square Meter in Italy
Best sites to find real estate in Italy
Mortgage for Non-Residents in Italy
Examples of Cheap Property in Italy
The famous 1 euro properties in Italy
Residence Permit in Italy for Retirees, Businessmen and EU citizens

00:00 Intro
01:16 Italy overview
02:03 Prices per square meter in Italy

The highest prices per square meter in Italy are in Milan and Rome. Milan is the wealthiest city in Northern Italy, which the wealthiest region in the country. Rome is obviously the capital of Italy and for that reason alone it comes as no surprise to see it ranking high in terms of real estate prices.

The region of Basilicata, in the Southern part of the country is, according to some sources, is the most inexpensive region of Italy.

You can check this map, the link is in the description, to see prices per square meter in different parts of Italy including regions and cities.

03:20 Best real estate websites in Italy

You can also check the description for the three of the most popular real estate websites in Italy:

immobiliare.it
idealista.it
casa.it

-What is idealista?

-Non-residents can obtain a mortgage in Italy through an Italian bank

06:55 Mortgage for non residents in Italy

Considerations when buying a cheap house in Italy if it is in a secluded area

-You will need a car
-It will be difficult to find tenants
-The property will have very low liquidity in case you want to sell it
-You can probably bargain the price heavily

08:12 1 euro properties in Italy

As you probably have heard about them, the 1 euro houses are just available in some very specific towns and villages in Italy and definitely not in big cities.

On top of that, in most of the cases you also need to commit yourself somehow to the houses, either by moving to the town and/or by investing a minimum amount of money.
Are they a good or a bad deal? Depends on what you are looking for, but despite the attractive price of 1 euro you have to bear in mind that most of these houses will generate some level of liability to their new owners. In my opinion it is usually a better deal to buy a cheap house without any liability than a one euro house with a high level of commitment.

09:38 Residence Permit in Italy for Retirees, Businessmen and EU citizens

If you are considering moving to Italy you should probably bear in mind that you will have to register your stay in the country, especially if you are considering staying longer than 90 days.
If you are a European Union or European Economic Area citizen, you don’t have to worry much, just come to Italy and sort your paperwork while you look for a house. You don’t have to deal with the Italian embassy in your country before moving to Italy.

If you are a non-EU citizen things are as always much more complicated, but not impossible.
The best residence permit if you are a real estate investor in Italy and you actually want to live in the country is the elective residence.
The main requirement of the elective visa is to show you have a passive income of 32000 euros per year for a single applicant and 38000 euros if you are applying as a couple.