Why are old, dilapidated rural dwellings in Italy so expensive?
Enzo Ricci, Thursday, 31 August 2017
The number of rural dwellings in Italy is stable. You won't find a lot of new buildings there, and existing houses are protected. These houses may be converted. That's also why you often have to pay so much for a renovation object. In rural areas, the condition of a property is usually not essential for the house price.
Below an overview of the factors that determine the price of a rural dwelling
The view
Distance to the nearest airport or highway
Distance to the big cities
Distance to the sea
Architectural or historical characteristics
Noise pollution
Lot size
You can very well renovate your house in Italy. You can adjust the home to your taste. But you have to hire a good geometra and skilled artisans.
The geometra is responsible for the construction site and the construction work. The geometra performs various roles: master builder, engineer, and architect. He is also the liaison for the building companies, government, and municipalities. The geometra coordinates the renovation works, maintains contacts with the construction businesses and craftsmen, arranges papers, permits, and requests for electricity and water. The cost of a geometra usually amounts to around 14-16% of the building costs.
Building permit
In the house, you can go ahead, but outside the house, you can change nothing. Expansion of the house is not possible. You may also not place any new buildings. You can adjust the interior of the house to your taste. It is also allowed to enlarge windows or to add new windows. And a swimming pool is often also possible.
The number of rural dwellings in Italy is stable. You won't find a lot of new buildings there, and existing houses are protected. These houses may be converted. That's also why you often have to pay so much for a renovation object. In rural areas, the condition of a property is usually not essential for the house price.
Below an overview of the factors that determine the price of a rural dwelling
The view
Distance to the nearest airport or highway
Distance to the big cities
Distance to the sea
Architectural or historical characteristics
Noise pollution
Lot size
You can very well renovate your house in Italy. You can adjust the home to your taste. But you have to hire a good geometra and skilled artisans.
The geometra is responsible for the construction site and the construction work. The geometra performs various roles: master builder, engineer, and architect. He is also the liaison for the building companies, government, and municipalities. The geometra coordinates the renovation works, maintains contacts with the construction businesses and craftsmen, arranges papers, permits, and requests for electricity and water. The cost of a geometra usually amounts to around 14-16% of the building costs.
Building permit
In the house, you can go ahead, but outside the house, you can change nothing. Expansion of the house is not possible. You may also not place any new buildings. You can adjust the interior of the house to your taste. It is also allowed to enlarge windows or to add new windows. And a swimming pool is often also possible.
All types of Italian property for sale by private sellers and estate agents. Find your perfect houses, farmhouses or apartment in all regions of Italy including Liguria, Tuscany, Umbria and Marche.
Explore the key aspects of financing property in Italy for foreigners, with a focus on the differences between Italian and UK practices. This
comprehensive article covers essential topics such as down payments, financing contingencies, the mortgage application process for UK residents in
Italy, specific challenges in financing a B&B, and the stringent requirements of Italian banks for foreign mortgage applications. A must-read for
anyone from the UK considering property investment in Ital
More articles