Now’s the time to buy luxury property in Italy!

Bloomberg this week (7 May 2013) reports a significant increase in foreign property buyers in Italy. It stated "Foreign investment in Italian holiday properties is rising as Germans, Britons and Russians take advantage of a market where locals are struggling to purchase even a first home."

Holiday home sales to foreign buyers rose 14 percent last year, a total spending of 2.1 billion euros.

And the new government? Well, the signs are very positive. They look likely to scrap the controversial property tax IMU, which is sure to help the property market. Paolo Righi, head of Italy’s FIAIP real estate federation said “Letta (Italy's new PM) has given a very positive signal for the property sector."

A real estate expert from the magazine Case e Ville said “This is a good time for foreigners to buy. Properties that cost 2.5 million euros have come down to 1.5 million euros due to taxes and the economic downturn. Prices can drop by as much as 30 percent during negotiations," she said.

Richard Edwards of Langhe Property (Piemonte Property) Italy
Property consultant

Richard Edwards

+39 346 1214077

I was born in London with a family line from all over the place, including Italy. I've been married to Urszula for 25 years. We met purely by accident at the Berlin wall in 1990, six months after it came down. I established Piemonte Property 11 years ago, then, when Alex joined, we renamed our agency Langhe Property.

I've been working in local real estate since 2006, have a vast experience in the market and the area so can help you with every twist and turn.

We'll take you viewing and will help with whatever you need for your trip and beyond.

It's also my job to update the website, find and photograph houses and find solutions for you.

Interests: Cars and motorcycles and Vespas, visiting wine producers, playing guitar, travelling and walking our white Golden Retriever, George.


Here are few properties that we feel are really outstanding - either because of being great value for money, are in incredible locations or are just great homes.

Luxury Piedmont Country Home

Luxury Piedmont Country Home

We love this property. Restored with great taste and to the highest standard. Location is beautiful. This part of south Piedmont should not be overlooked. An impressive private home that has great rental potential.

  • €1,190,000
  • 6
  • 7
Barbaresco home built to high standard

Barbaresco home built to high standard

The quality of construction and attention to detail on this home is amazing. It has features you'd find a 100 yr old Piemontese farmhouses but done with modern materials to ensure the very best living space.

  • €580,000
  • 3
  • 2
Langhe villa with incredible view

Langhe villa with stunning views

A truly outstanding property. Location is incredible with beautiful views of the Alps and is within walking distance of the town. The house was built in 2015 to a very high standard and with features typical to houses in Piedmont.

  • €399,000
  • 3
  • 4