Real estate in Piemonte offers value for money properties in a region of mountains, vineyards and olive groves. Compared to Tuscany and Umbria, a stone farmhouse in Piemonte can be purchased for half the price in Asti, where a property in need of renovation sells for about 600 Euro per m2. A country house surrounded by vineyards in Le Langhe, will cost in the region of 1,500 Euro per m2. Many houses for sale in Piemonte come with vineyards, and stone barns that are ideal for conversion into a guest annex, or used as B&B accommodation.
A high influx of tourists visiting the area seeking self catering holiday accommodation makes Piemonte an interesting proposition for investors. A typical two bedroom property can fetch in the region of Euro 1,000 per week in rental income with this figure increasing depending on standard of accommodation and amenities such as a swimming pool. On Lake Maggiore, in the east of the region, properties are more expensive the closer to the lake you are, but offer excellent rental returns.
Piemonte, meaning at the foot of the mountain, is in north-west Italy, and borders Switzerland and France. Piemonte is one of the few Italian regions without a coastline and boasts some of Europe’s most breathtaking landscapes, on three sides there are the Alps, with the highest peaks and largest glaciers in Italy.
Piemonte is an all year round region attracting tourists in the summer months and skiiers in the winter. Piemonte offers something for everyone: sports, food, culture, skiing, wine and access to the wonderful Italian cities of Milan, Turin, and Genova.
Piedmont produces some of the world's most famous wines such as Barolo, and is also home to the precious white truffle. Many festivals throughout the autumn are based around the dishes in which it is used.
Piemonte boasts some of Europe’s most breathtaking landscapes: the magnificent Lake Maggiore, the vineyards of Le Langhe and Asti while the Alps povide spectacular settings for its ski resorts.
Access is not a problem either, with international airlines flying into Genova, Turin and Milan.