Buying a house in Liguria? This region bathed by the sparkling waters of the Mediterranean Sea offers a real estate adventure imbued with charm and picturesque beauty. Nestled between the mountains and the coast, Liguria captivates with its colorful coastal towns, perched villages, and breathtaking panoramas. Famous for the beauty of its Riviera, this region attracts enthusiasts of Mediterranean lifestyle and history buffs alike. From old houses in the heart of historic centers to elegant villas overlooking the sea and waterfront properties, buying a house in Liguria promises an immersion into a sunny way of life, amidst delicious local cuisine and the azure splendor of the Mediterranean. Join us as we explore the captivating opportunities that this Italian region has to offer for those dreaming of owning a slice of paradise on the Italian Riviera.
- Real Estate in Liguria
- Why choose to buy a house in Liguria?
- Where to buy in Liguria?
- How much does it cost to buy a house in Liguria?
Real Estate in Liguria
Among the countless seaside resorts that Italy has to offer, Liguria proudly stands at the top of rankings and searches. It arouses universal enthusiasm, attracting and captivating all those who covet it, with its picturesque villages, marinas, and colorful houses perched on cliffs. As a bonus, the entire Riviera, from the West to the East, benefits from excellent connections, whether by road or rail, and it is adorned with incomparable cuisine, showcasing pesto and focaccia. It goes without saying that buying a house in Liguria remains an essential trend of the summer season, today as always. And this year is no exception.
It is in spring that searches and real estate requests blossom in Liguria, as confirmed by the data collected by TempoLab, the research center of the major real estate group Tempocasa. Not only do they peak in the months of March, April, and May, but they also change their approach compared to the autumn-winter period. “If from September to December, requests are more general and informative, from the new year to Easter, they become more targeted and concrete. This change in pace reflects the desire of buyers to fulfill the dream of buying a house by the sea in Liguria by summer to spend their holidays there,” unanimously reveal the owners of the white and green agencies scattered along the Ligurian coast.
Cities, detached houses, and large-scale properties are losing their appeal. They are too demanding in terms of maintenance and, for the same reason, difficult to buy today and resell tomorrow. On the other hand, it is the smaller-sized apartments that dominate in Liguria. They are the most popular and in-demand. “The classic two-room apartments of 45 to 60 square meters with a living room equipped with a kitchenette and a sofa bed, a bedroom, a bathroom, a habitable terrace, 500 meters from the sea, represent the preferred and most interesting solution at the moment,” says Raffaele De Fiore, executive director of Tempocasa and expert in Ligurian real estate market trends.
Why choose to buy a house in Liguria?
There are at least 5 reasons to buy a house in Liguria:
- Tourist Appeal: Liguria, with its picturesque towns such as Portofino and Cinque Terre, is a renowned tourist destination. Investing in real estate in Liguria offers the opportunity to take advantage of the constant influx of visitors, generating opportunities for seasonal rentals and potentially high resale value.
- Pleasant Climate: The region enjoys a mild Mediterranean climate, with mild winters and warm summers. This makes it an attractive destination all year round, which can contribute to the stability of real estate investments.
- Accessibility: Liguria is well served by efficient transportation networks, including highways, railways, and airports. This accessibility facilitates travel and enhances the appeal for potential buyers and tenants.
- Stunning Coastline: Liguria offers a spectacular coastline along the Mediterranean Sea. Properties by the sea benefit from panoramic views and easy access to beaches, which is an attractive factor for real estate investors.
- Cultural Heritage: The region has a rich cultural heritage, with historic towns, traditional festivals, and renowned cuisine. Investing in Liguria not only means owning property but also immersing oneself in a cultural and authentic living experience.
Additionally, it’s worth noting that demand from tourists continues to grow (+20.9% in 2023 compared to 2022)
Where to buy in Liguria?
Looking for the ideal place to invest in real estate along the Riviera di Ponente in Liguria? Here is the selection of the top three destinations as well as more affordable alternatives from a financial perspective, carefully identified through the informed advice of Tempocasa agencies in Liguria.
- Alassio, Varigotti, and Bordighera: The essential best-sellers, Alassio, Varigotti, and Bordighera, stand as the winning trio on the Riviera di Ponente. Highly sought after, these destinations dominate the market, supported by the certainty that buying property in these locations will never lose its value. The cost per square meter? It averages between 5,000 and 10,000 euros, according to local data from Tempocasa agencies. Substantial figures, but undoubtedly well invested.
- Loano, Andora, and Sanremo: Less explored but equally captivating, the trinity composed of Loano, Andora, and Sanremo gently blends into the final stretch that, from Liguria, heads towards the Côte d’Azur. These destinations offer picturesque panoramas, accompanied by beachfront infrastructure and family-friendly services. They stand out not only for their hospitality but also for their prices, significantly more accessible than the regional average. Prices range between 3,000 and 5,000 euros per square meter, making these lesser-known gems real estate pearls to seriously consider.
- Santa Margherita Ligure and Sestri Levante: Undisputed sovereigns of the Riviera di Levante, Santa Margherita Ligure and Sestri Levante. Although different from each other, they both represent the dream holiday destination for both Italians and foreigners, offering significant and profitable long-term investments. Assessments in these locations will never decline; on the contrary, due to strong demand, they will only increase. The cost per square meter? In the charming Santa Margherita, dotted with shops and alleys, they range from 6,000 to 12,000 euros and increase as you approach Portofino. In Sestri Levante, on the other hand, ratings vary considerably depending on the location. In the historic center, one kilometer from the sea, they range from around 4,500 euros per square meter; along the seafront, they reach up to 10,000 euros per square meter.
- Rapallo and Chiavari: To keep a close eye on, the duo formed by Rapallo and Chiavari. Buying a house here becomes interesting not only for the vacation opportunities already offered by these two locations but also because of the affordable costs and future prospects. Rapallo, thanks to the dynamics of its current municipal council, is expanding. To the point that if house prices are currently around 2,500 euros, they will increase in a few years. So there is no time to lose. In Chiavari, on the other hand, a historic town between the sea and the hinterland, with pleasant services and shops in all seasons, figures in the historic center, 800 meters from the sea, range from 2,500 to 3,500 euros per square meter, while on the seafront, they vary from 3,500 to 6,000 euros per square meter
How much does it cost to buy a house in Liguria?
According to data from Idealista.it, Liguria is the 3rd region with the highest price per square meter, behind Trentino in first place and Valle d’Aosta in second place. However, some provinces are more expensive than others:
- Savona (€3333/m2)
- Imperia (€2855/m2)
- Genoa (€2135/m2)
- La Spezia (€1980/m2)
Sale of seaside house in Liguria for 1 euro
The 1 euro houses in Liguria represent a unique opportunity for those looking to invest in real estate at a low cost. This concept, popularized in some Italian localities, aims to revitalize historic neighborhoods by offering properties at a symbolic price, provided that buyers commit to renovating these often dilapidated buildings. In Liguria, this initiative has been implemented in certain coastal towns and picturesque villages. Although the initial purchase cost is minimal, buyers must be prepared to bear the renovation costs, which can represent a substantial investment. However, this approach contributes to the preservation of the local heritage while providing new owners with the opportunity to create their own slice of paradise in Liguria. The 1 euro house project in Italy originated in Sicily, but it is possible to find 1 euro houses throughout Italy.
Cheap seaside houses in Liguria
The sale of seaside homes in Liguria offers an exceptional real estate experience, blending the picturesque beauty of the Italian coastline with the comfort of a seaside residence. These properties typically boast spectacular views of the Mediterranean Sea and direct access to picturesque beaches. Seaside homes in Liguria vary in style, ranging from charming villas to modern apartments, thus offering a variety of options for buyers. Coastal towns like Santa Margherita Ligure, Portofino, and Lerici are renowned for their exclusive seaside properties, where one can enjoy a Mediterranean lifestyle, between relaxing moments by the sea and proximity to local amenities. Although the market may present higher prices, investing in a seaside home in Liguria offers an unparalleled living experience in one of Italy’s most picturesque regions.
For more information on real estate purchase in Italy, primary and secondary residences, these articles will be very useful.
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