Where to Buy a House in Florence: Best Neighborhoods and How to Finance Your Tuscan Dream

Why Buy a House in Florence?

Florence is the capital of Tuscany and one of the most admired cities in Europe. It’s a cultural hub filled with Renaissance art, world-class cuisine, and historic architecture—yet it remains highly livable, walkable, and well-connected.

Top reasons to buy in Florence:

• Strong real estate market and investment potential
• Excellent schools and healthcare
• Accessible location with train links to Rome, Milan, and Venice
• Ideal for both permanent living and short-term rentals
• Immense historical and aesthetic value

Where to Buy a House in Florence: Top Neighborhoods

Let’s explore the most sought-after areas to buy property in Florence, based on your goals and lifestyle.

1.Centro Storico (Historic Center)

The beating heart of Florence, filled with history, art, and classic Florentine architecture.

• Best for: City lovers, culture enthusiasts, short-term rentals
• Property type: Renaissance-era apartments, luxury lofts
• Price: High
• Mortgage tip: Ideal for buyers with strong income documentation or investment-focused financing

2. Oltrarno (Santo Spirito / San Niccolò)

Trendy, artistic, and full of local character—just across the Arno River.

• Best for: Young professionals, creatives, lifestyle buyers
• Property type: Historic apartments with terraces or courtyard views
• Price: Medium to high
• Mortgage tip: Popular with foreign buyers—move quickly with pre-approval

3. Campo di Marte

A quiet, residential area with more space and family-friendly options.

• Best for: Families, long-term living
• Property type: Larger apartments, villas, and modern homes
• Price: Medium
• Mortgage tip: Easier to finance due to more modern, mortgage-ready buildings

4. Gavinana / Bellariva

Up-and-coming neighborhoods just outside the center with strong value.

• Best for: Buyers seeking value and proximity to central Florence
• Property type: 20th-century buildings, renovated apartments
• Price: Medium to low
• Mortgage tip: Great for first-time buyers or mid-budget investors

5. Fiesole (just outside Florence)

A hillside town overlooking Florence with breathtaking views and peace.

• Best for: Retreats, luxury buyers, nature lovers
• Property type: Villas with gardens, panoramic estates
• Price: Medium to high
• Mortgage tip: Ideal for long-term investment or retirement planning

Can Foreigners Buy Property in Florence?

Yes—non-Italians can absolutely buy property in Florence. There are no restrictions on foreign ownership. Whether you’re from the US, UK, EU, or elsewhere, you have full legal rights to purchase property.

What you’ll need:

• A Codice Fiscale (Italian tax code)
• A notary for final contract signing
• Optional: an Italian mortgage (which we can help you secure)

How to Finance a Home in Florence: Mortgages for Foreign Buyers

You don’t need to pay all cash to buy in Florence. Italian banks offer mortgages to non-residents, and at LikeJunco, we help international buyers finance their purchase smoothly.

Mortgage basics:

• Up to 60–70% financing available
• Terms from 10 to 25 years
• Fixed or variable rates
• Required documents: Passport, income proof, tax returns, credit reports

We assist with every part of the process—application, translation, banking, and compliance.

Additional Costs to Expect

In addition to the property price, budget around 7–10% extra for:

• Property taxes (varies based on residency and type)
• Notary fees
• Agency commission
• Legal/translation services

We’ll help you prepare a complete cost breakdown before you sign anything.

Start Your Home Search in Florence with Confidence

Whether you’re drawn to Florence for art, lifestyle, or investment, knowing where to buy is just the first step. At LikeJunco, we offer full support—from choosing the best bank to closing the deal.

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