Buying Property in Calabria: The Affordable Gem of Southern Italy

Why Choose Calabria?

Calabria is often called “Italy’s best-kept secret.” This sun-soaked region offers:

• Affordable real estate compared to Northern Italy
• Breathtaking coastline along the Tyrrhenian and Ionian Seas
• Charming hilltop villages with rich history
• Slow pace of life perfect for retirement or second homes

Unlike tourist hotspots, Calabria remains authentic and less crowded, making it attractive for buyers who want value and character.

How Much Does Property Cost in Calabria?

Calabria is one of Italy’s most affordable regions for foreign buyers:

• Apartments near the coast: €70,000 – €200,000
• Traditional village houses: €30,000 – €80,000
• Villas or larger seaside homes: €200,000 – €400,000

These prices are significantly lower than those in Tuscany, Lake Como, or the Amalfi Coast, making Calabria ideal for buyers on a budget or investors seeking value.

Can Foreigners Buy Property in Calabria?

Yes. Foreign buyers enjoy the same rights as Italians when purchasing property. You’ll need:

• An Italian tax code (Codice Fiscale)
• A notary (Notaio) to finalize the deed
• Payment of property taxes and fees

Many Calabrian properties need renovation, which is why it’s crucial to understand both the purchase costs and the financing options.

Financing a Property in Calabria

Even though prices are lower, many foreign buyers still prefer financing to preserve liquidity or fund renovations. That’s where LikeJunco steps in.

We help you:

• Access Italian mortgages for non-residents, covering up to 70% of the value
• Arrange renovation loans for upgrading older properties
• Navigate Italian banking rules with clear, simple explanations
• Ensure your financing aligns with your goals, whether for retirement, vacation, or investment

Step-by-Step: Buying in Calabria

1. Research towns — Tropea and Scilla for coastal charm, or hilltop villages for even better value.
2. Get your Codice Fiscale — required for all property purchases.
3. Secure mortgage pre-approval — LikeJunco makes this step smoother for foreigners.
4. Make an offer — usually through a local real estate agent.
5. Sign preliminary contract (Compromesso) — and pay a deposit.
6. Finalize with the notary (Rogito) — deed registered, mortgage activated if applicable.

Challenges to Consider

Buying in Calabria has huge potential, but keep in mind:

• Infrastructure is less developed than in the north.
• Properties may need major renovation.
• Resale market is slower compared to Tuscany or Milan.

Still, for those who value lifestyle and affordability over quick resale, Calabria offers unbeatable charm.

How LikeJunco Helps Foreign Buyers

At LikeJunco, we specialize in helping foreigners navigate the Italian mortgage process. For Calabria, we:

• Connect you with banks that finance smaller and renovation-heavy properties
• Explain the process in English
• Handle the paperwork so you can focus on enjoying the journey
• Provide realistic advice on what to expect in southern Italy

Final Thoughts

Calabria offers something rare: authentic Italian living at prices far below the national average. For international buyers seeking value, lifestyle, and opportunity, this region is a smart choice in 2025.

👉 Book a free consultation with a LikeJunco advisor today and let us help you explore mortgage solutions for your dream home in Calabria.

FAQs About Buying in Calabria

1. How affordable is Calabria compared to Tuscany or Lake Como?
Calabria property prices are often less than half of those in Tuscany or Lake Como, making it one of Italy’s most budget-friendly regions.

2. Can foreigners finance homes in Calabria?
Yes. LikeJunco helps non-residents secure mortgages and renovation loans, even for smaller or older properties.

3. Are Calabrian homes a good investment?
They may not offer fast resale profits but are excellent for lifestyle buyers, retirees, or those seeking rental opportunities in seaside towns.

4. Do many properties require renovation?
Yes. Many homes in Calabria are older, but renovation loans make these projects manageable with the right financing.

5. Is Calabria suitable for retirement?
Absolutely. With its warm climate, affordable homes, and relaxed lifestyle, Calabria is increasingly popular with retirees.

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