Italy pairs some of Europe's most affordable housing (a national average around €2,188/m²) with deep regional contrasts — Trentino Alto Adige asks over €3,700/m² while Calabria sits near €961/m². Foreigners buy freely once they hold a codice fiscale (Italian tax code).
Budget 10–16% on top of the price. The biggest single line is registration tax: roughly 9% of the cadastral value on a second home, but only about 2% if you qualify for prima casa (first-home) relief — a difference worth checking carefully before you sign.
Market overview
Intesa Sanpaolo and UniCredit are the most accessible major lenders for non-residents, typically at 50–60% LTV versus 80% for residents. Fixed rates cluster around 3.0–3.4% in 2026 with variable (Euribor-linked) products nearer 2.5–2.9%. One genuine advantage: since the 2007 Bersani decree, Italian primary-residence mortgages to individuals carry no early-repayment penalty at all.
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Mortgage rates in Italy (2026)
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True cost of buying & owning
Get your exact numbers with the Hidden Buying Costs and Annual Ownership Costs calculators.
Step-by-step buying process
Protect your purchase
Once you own it, insure it. Compare the main home-insurance providers operating in Italy on our Home Insurance by Country page — and see our Home Design & Décor guide for furnishing it.