The Economics of Owning a Home in Italy

A Four-Part Florence Case Study
Follow one Florence apartment through its complete ownership cycle—from acquisition and vacation-rental income to eventual resale and the broader economic value of personal use.
This four-part case study combines real estate experience with economic and financial analysis to examine what an Italian property truly costs, produces, and provides.


Part 1 --
The True Cost of Buying and Owning a Home in Italy. 
Calculate the complete capital required to purchase, close, furnish, and own a €400,000 apartment in Florence.

​​Part 2 --
How Much Can a Florence Vacation Rental Really Earn?
​Measure gross income, operating expenses, taxes, net cash flow, and the lifestyle dividend created by 60 nights of annual personal use.


Part 3 --
What Happens When You Sell Your Italian Property?
Follow the investment through a 10-year exit analysis using appreciation, selling costs, IRR, NPV, and net sale proceeds.


​Part 4 --
Beyond Cash Flow: The Complete Return of Owning a Home in Italy
Examine opportunity cost, trade-offs, currency risk, and the complete combination of financial, personal, and strategic benefits.
Discuss Your Italian Property Strategy With Piero Lorenzo
UA-150342383-1