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A growing trend sees Americans purchasing properties in Italy—not just for personal enjoyment, but also as income-generating rentals and lifestyle investments:
1. Lifestyle & Financial Freedom
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Escape the U.S. cost squeeze: Many buyers, like Laurie DeRiu, traded pricey American real estate—such as a Connecticut rental—for a three-bedroom Sardinian apartment bought for €405,000 (~$440,800) in Alghero. Within days, it had 70% summer bookings.
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Seasonal living on your terms: DeRiu lives part-time in Italy (November–May), renting out during summer peak—achieving both income and personal use .
2. Smart Investments in Emerging Regions
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In Lecce, Melina Manasse bought a one-bedroom for $278,000 in October 2024 and earns around $3,000 monthly renting it by March 2025.
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Kelly Beigle and Boris Krstevski renovated a €103,000 flat near Lake Iseo—less than DC down payments—planning mid-year rental income with no mortgage burden.
3. Easier Than Ever to Buy Abroad
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Firms like Italian Real Estate Lawyers are simplifying the process. In 2024, American clients increased by about 15% over 2023.
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The strong U.S. dollar—often at parity with or higher than the euro—makes Italy more affordable compared to domestic U.S. markets.
4. Year-Round Rental Potential
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Italy’s varied climate and popular festivals (like Venice Carnival) create consistent rental demand through all seasons.
๐ Why This Trend Matters
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Rethinking the American Dream: Instead of staying put, Americans are investing abroad—seeking balance between income, travel freedom, and lifestyle.
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Beyond city markets: Many tourists are beginning to explore less crowded, more affordable regions like Calabria, Abruzzo, and Puglia.
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Economic & cultural ripple effects: This wave boosts local economies, property restoration, and community revitalization—though it may impact traditional housing markets too.
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