The impact of Trump’s tariffs on the Italian Real Estate Market: opportunities for the Italian Riviera

In recent months, the reintroduction of tariff policies by the Trump administration has generated global economic ripples, reshaping international trade dynamics. While some protectionist measures seem purely disruptive, they can, in fact, create new opportunities for the Italian real estate market, particularly in the sought-after Italian Riviera.

At LiguriaHomes Casamare, we have been closely monitoring not only the macroeconomic landscape but also the tangible local trends. Notably, U.S. buyer interest in our region has significantly increased over the past year, and our website has seen a continuous growth in visits from American residents actively searching for homes in Liguria.


Monetary Policy, Interest Rates, and Mortgage Accessibility

Global economic tensions, especially those stemming from tariff wars, often push central banks like the European Central Bank (ECB) toward more accommodative monetary policies to sustain growth. This can translate into lower interest rates, making mortgages more accessible and stimulating housing demand.

For buyers from abroad – particularly from the US – this environment creates an attractive window to invest in Italian properties. Lower financing costs increase purchasing power, making luxury coastal properties in Liguria even more appealing both as vacation homes and as long-term investments.


Real Estate as a Safe-Haven Investment

In times of international uncertainty, high-end real estate consistently proves itself as a safe-haven asset. Investors – both domestic and foreign – are increasingly turning to the Italian housing market, particularly its prime coastal areas, to diversify their portfolios.

Properties in Liguria offer not only enduring value but also a degree of insulation from global trade volatility. For international buyers, including Americans, this makes the Italian Riviera an exceptionally attractive alternative to more volatile investment vehicles.


Tourism, Lifestyle, and the Second-Home Market

One of the often-overlooked impacts of global trade tensions is their influence on travel preferences. Italy’s reputation as a safe, culturally rich, and idyllic destination becomes even more appealing during periods of international instability.

We have observed a tangible increase in high-net-worth American travelers who, after visiting Liguria, transition from tourists to property buyers. The region’s charm – from San Remo’s glamour to Bordighera’s elegance and Alassio’s allure – offers the perfect combination of lifestyle, investment potential, and Mediterranean beauty, driving the growth of the second-home market.

Moreover, one of Liguria’s greatest advantages is its exceptional international connectivity. Thanks to the Nice Côte d’Azur International Airport, located just across the French border, buyers and investors from the US, the UK, and beyond can easily reach the Italian Riviera with frequent direct flights from major global cities. Additionally, Genoa Airport has been investing significantly to expand its international routes, opening even more convenient access points for foreign visitors and property buyers. This ease of travel enhances the appeal of owning a home in Liguria, transforming it into a truly accessible Mediterranean destination.


Looking Ahead: Opportunities for American Buyers

Economic history teaches us that markets adapt, often emerging stronger from periods of international tension. For the Italian Riviera, the combination of a unique real estate heritage, favorable financing conditions, and increasing global appeal positions the region as a prime beneficiary of the current international rebalancing.

At LiguriaHomes Casamare, we are already witnessing a surge in inquiries and transactions from American buyers. In 2024, US client interest has grown notably, and our analytics show a steady rise in website visits from American residents searching for homes in Liguria. This signals a promising trend: as the Italian Riviera becomes even more attractive on the global stage, we stand ready to assist international buyers in discovering their perfect property here on the Mediterranean coast.

If you are considering a real estate investment in Italy, now is an excellent time to explore the extraordinary opportunities Liguria has to offer.

👉 www.liguriahomes.com

International Buyers lead 2024 Liguria Property Market as global interest in Italian Riviera grows

The property market in West Liguria, Italy, has once again confirmed its enduring appeal, with international buyers making up 54% of all property transactions in 2024, outpacing Italian buyers (46%) and reflecting a growing global appetite for real estate in this stunning coastal region.

According to the our latest analysis the top international buyers in 2024 hailed from Germany, France, Russia, Poland, United States, Sweden, the Netherlands, Principality of Monaco, Bulgaria, and Norway. This trend underscores Liguria’s increasing prominence as a prime Mediterranean destination for second-home investment and relocation.

“The Liguria property market remained strong in 2024, with continued demand from international buyers drawn to its exceptional climate, quality of life, and year-round appeal,” said Matteo Scandolera, Managing Partner of LiguriaHomes Casamare and official representative of Hamptons International Private Office in Liguria. “Our region offers a rare blend of natural beauty, lifestyle, and accessibility – especially given its proximity to Nice Airport and comparatively affordable property prices.”

Despite global economic headwinds and high credit costs, West Liguria has seen a steady rise in property values, largely driven by the limited availability of real estate. This scarcity continues to offset potential challenges and maintain price growth. Looking forward, a gradual but consistent price increase is anticipated, spurred by projected interest rate cuts and the ongoing demand from international markets.

Foreign Buyers Spend More Than Domestic Buyers

An analysis of the average purchase price over the past seven years highlights a consistent trend: foreign buyers invest significantly more than their Italian counterparts. In 2024, the average purchase by an international client exceeded €500,000, compared to approximately €370,000 for Italian buyers. This gap underscores the premium international clients are willing to pay for quality properties in sought-after locations – especially along the coast, in historic villages, or in exclusive towns like Alassio, Bordighera, and Sanremo.

“This purchasing power not only sustains the local market but also elevates its profile globally,” adds Scandolera. “It’s a testament to the perceived and real value of investing in Liguria.”

Strategic Expansion in Alassio

In response to this growing demand, LiguriaHomes Casamare proudly announces the opening of its sixth office in Alassio, one of the most prestigious destinations on the Italian Riviera. Known for its golden beaches, vibrant lifestyle, and refined charm, Alassio is a natural next step in the group’s mission to serve both local and international clientele with excellence.

“This expansion further solidifies our position as the leading real estate group in Liguria,” says Scandolera. “With a deep-rooted presence across the region, we are uniquely positioned to connect discerning buyers with the finest properties on the Riviera.”

A Global Vision Through Partnership with Hamptons

The global reach of LiguriaHomes Casamare is further strengthened through its strategic partnership with Hamptons, one of the world’s most respected names in luxury real estate. In 2024, the launch of the Hamptons International Private Office marked a significant milestone, enabling tailored, white-glove services for high-net-worth clients seeking distinctive properties worldwide.

LiguriaHomes Casamare proudly showcased the elegance, authenticity, and investment potential of West Liguria within this global platform, reinforcing its role as a trusted ambassador of Italian excellence.

About LiguriaHomes Casamare

With over 30 years of experience and a network of six offices across West Liguria – including San Remo, Bordighera, Ospedaletti, Imperia, Santo Stefano al Mare, and now Alassio – LiguriaHomes Casamare offers unrivaled market insight, multilingual service, and international reach through its exclusive partnership with Hamptons. The agency continues to lead the market in luxury and second-home property sales across the Italian Riviera.

Matteo Scandolera

matteo@liguriahomes.com

Elite Golf & Riviera Charm: The 4th LiguriaHomes Casamare Golf Cup Awaits You

The prestigious LiguriaHomes Casamare Golf Cup is back for its fourth edition, promising another thrilling experience for golf enthusiasts.

This year, the event will take place at the renowned Circolo Golf degli Ulivi in San Remo on June 7th and 8th, 2025. Participants will have the opportunity to showcase their skills under Stableford rules on the first day and enjoy the strategic Louisiana format on the second day, playing in teams of two.

For those who wish to participate but do not have a partner, the Golf Club will gladly assist in finding a suitable teammate, ensuring everyone has the opportunity to join the tournament.

Tournament Format

Day 1 (June 7th): The competition begins with Stableford rules, a scoring system that rewards consistent play, allowing golfers to accumulate points based on their performance on each hole.

Day 2 (June 8th): The excitement continues with Louisiana rules, a team-based stroke play format that introduces an extra layer of strategy and unpredictability to the game.

Tournament Awards

  • Trophies for the 1st, 2nd, and 3rd Net Pair
  • Prizes for the 1st Gross Pair, 1st Master Pair, and 1st Mixed Pair

Special Awards:

  • 1st Net Pair on Saturday
  • Top 2 Net Cups on Sunday

Exciting Prize Draw & Exclusive Gifts
In addition to the official prizes, all participants will have the chance to win fantastic prizes in a special draw, ensuring that everyone has an opportunity to take home something special. Each participant will also receive exclusive tournament gifts as a keepsake of this prestigious event.

The LiguriaHomes Casamare Golf Cup promises to be an unforgettable experience for all players and guests.

Additional Perks

Following the tournament, the Club House will welcome participants and guests for refreshments and networking, creating the perfect atmosphere to unwind and socialize in an exclusive setting.

Join Us for an Unforgettable Experience

Mark your calendars for a spectacular weekend filled with competitive golf, sunshine, and camaraderie on the stunning Italian Riviera.

To confirm your participation and book your Tee Time, please contact the Golf Secretary: 📧 info@golfsanremo.com

The LiguriaHomes Casamare team will be on-site throughout the event, available for any real estate inquiries in Liguria and beyond. Whether you are looking to buy a home or explore investment opportunities, we are here to provide expert guidance and insights.

For more details, please contact Matteo Scandolera: 📧 matteo@liguriahomes.com

Do not miss this unique blend of sport, luxury, and networking. Reserve your spot today and join us for what promises to be another unforgettable edition of the LiguriaHomes Casamare Golf Cup!

Visit our website at www.liguriahomes.com and experience an extraordinary weekend of golf in one of Italy’s most scenic locations.

10 причин, почему стоит купить недвижимость в Лигурии, Италия

Регион Лигурия, а именно, западная его часть, расположенный в северной части Италии, также известен как Лигурийская Ривьера, привлекает покупателей недвижимости благодаря множеству разлчиных факторов.

Вот десять основных из них, почему стоит рассмотреть возможность покупки и/или инвестирования в недвижимость именно Западной Лигурии:

  1. Самый лучший в Италии климат: уже на протяжении нескольких лет подряд, именно Западная Лигурия, удостаивается такой чести. Она известна своим мягким, характерным, средиземноморским климатом с температурами от +28°C в летний период времени до +10°C – в зимний. Именно благодарся таким климатическим особенностям, это место считается идеальной локацией для жизни и отдыха.
  2. Множество и разнобразие пляжей: географически и истоически, так сложилось, что именно в регионе Лигурия, Севера Италии, имеются различные типы пляжей: галечные – превалирующие по всему побережью, в частности, в таких известных курортах, как Сан-Ремо, Бордигера, Портофино, Санта Маргарита и прочие. Песчаные, находящиеся преимущественно в Алассио, Андоре, Дтиано Марина, частично в Сан-Ремо. Такое разнобразие позволяет выбрать наиболее благоприятное место для отдыха, подходящее для каждого отдыхающего.
  3. Развитая инфраструктура: одно из неопровержимых преимещуств региона Лигурия заключается в том, что он обладает хорошей и широко развитой транспортной сетью, включающей в себя международные аэропорты в Ницце, Генуе, Милане, а также, небольшой аэропорт в Албенге, благодаря чему обеспечивается легкий доступ к региону со всех уголков планеты.
  4. Кулинария и гастрономия: локальная кухня широко представлена и известна наличием свежих морепродуктов, оливок и оливкового масла (считающегося одним из самых качесвтенных в мире). Безусловно, это деалет Западную Лигурию очень привлекательным местом для гурманов вкуса и высокой кухни.
  5. Выгодная и удобная локация: за счет своего удобней геолокации, регион Западная Лигурия, граничит с Французской Ривьерой, что позволяет в считанные минуты добраться до таких известных городов и курортов, как Ницца, Монако, Канны, Сан-Тропе, а также, до промышленного центра регион – города Генуя. Кроме того, практически любая точка на карте Европы может достигнута всего за 1,5-3 часа полета из одного из международных аэропортов: Ниццы или Генуи.
  6. Высокий потенциал инвестиционной привлекательности: регион Лигурия всегда был и до сих пор остаётся популярным направлением для покупателей со всех стран. А благодрая тому, что цены на недвижимость в Лигурии остаются на стабильном уровне – это является еще большим показателем того, почему инвесторы и просто частные лица имеют тенденцию покупать недвижимость: дома, квартиры, таунхаусы, недострои, земельные участки в Западной Лигурии.
  7. Природные ресурсы и активный отдых: регион Западная Лигурия также известен своими невероятно живописными природными ландшафтами, включающими в себя национальные парки, с возможностями трекинга, экотуризма, горных велосипедов и прочего.
  8. Историческое, культурное наследие: Лигурия, как, впрочем, и вся Италия, богата своими памятниками архитектуры и истории, многие из которых взяты под защиту ЮНЕСКО. Также, регион насыщен многочисленными культурными событиями, знаменит своими музеями и фестивалями (особенно славиться песенный фестиваль Сан-Ремо).
  9. Экология: многие районы и локации в Лигурии защищены находятся под охраной как национальные парки и заповедники, что делает этот регион идеальным для любителей природы.
  10. Разнобразие и досупность недвижимости: купить недвижимость в Лигурии, Италия – просто! Мы поможем найти варианты на любой вкус и бюджет: от апартаментов с видом на море до роскошных, фешенебльных вилл с бассейнами и садам.

Ищете и хотите купить или арендовать недвижимость в Лигурии, Италия, свяжитесь с нами по имейл: pavel@liguriahomes.com или же по телефону: +39 328 196 93 18 и найдем самый подходящий для Вас вариант!

Buying property in Italy as a Canadian citizen: 2025 Guide

Italy’s rich history, stunning landscapes, and vibrant culture make it an attractive destination for Canadian citizens looking to buy a property. Whether you’re searching for a vacation home, a retirement haven, or a safe investment, understanding the rules of purchasing real estate in Italy is crucial.

This guide addresses the top frequently asked questions (FAQs) to help Canadian buyers in navigating the Italian property market, incorporating the latest legislative updates.

1. Can Canadian citizens legally purchase property in Italy?

Yes, Canadian citizens can legally purchase property in Italy, but restrictions now apply as a result of reciprocity with Canada’s “Prohibition on the Purchase of Residential Property by Non-Canadians Act,” effective January 1, 2023. These restrictions align with the limitations Canada imposes on foreign buyers. However, Canadian citizens may still qualify to buy property if they meet specific exceptions.

2. What are the exceptions that allow Canadians to buy property in Italy?

Canadian citizens must meet at least one of the following exceptions to purchase property in Italy:

  • The property is located in a municipality (“Comune”) with fewer than 10,000 residents, unless near a major metropolitan area, where restrictions may apply.
  • The purchase involves transfers by death, separation, divorce, or gift, which are not subject to the ban.
  • The buyer holds long-term Italian immigration status.
  • The buyer is a dual citizen holding an EU passport in addition to Canadian citizenship.
  • The buyer is purchasing the property with a spouse or civil union partner who is an EU citizen or an Italian permanent resident.

If none of these exceptions apply, purchasing residential property in Italy may be restricted.

3. Where can Canadians buy property in Italy?

Canadian citizens can purchase property in municipalities (“Comuni”) with fewer than 10,000 residents. However, restrictions may still apply if the property is located near a major metropolitan area. It’s essential to confirm the location’s eligibility with a real estate professional before proceeding.

4. How does the property purchase process work in Italy?

Buying a property in Italy is a highly regulated and formal process, with distinct contractual standards and negotiation practices. It typically involves:

  • Offer and Acceptance: A formal and binding agreement between buyer and seller.
  • Preliminary Contract (“Compromesso”): A more detailes binding contract outlining all terms of sale.
  • Final Deed (“Atto/Rogito Notarile”): Signed in front of an Italian Notary, at which point the balance of the payment is made, the keys are handed over, and the deed is registered in the Public/Land Registry.

For a detailed step-by-step guide, visit our Buying Guide to learn everything you need to know about purchasing a property in Italy.

5. Are there residency requirements for Canadian property owners in Italy?

Owning property in Italy does not automatically grant residency. Canadian citizens can stay in Italy for up to 90 days within a 180-day period without a visa. For longer stays, a visa or residency permit is required. Common options include:

  • Elective Residency Visa: Ideal for retirees looking to enjoy the Italian lifestyle full-time.
  • Work or Study Visa: For individuals relocating to Italy for employment or education.

If you’re a remote worker, Italy’s Digital Nomad Visa offers an exciting opportunity to live and work in the country while enjoying its breathtaking scenery. Learn more in our blog: Italy’s New Digital Nomad Visa: A Gateway to La Dolce Vita.

6. What financing options are available for Canadian buyers?

Canadian buyers have several financing options:

  • Italian Mortgages: Some Italian banks offer mortgages to non-residents, though terms may be more stringent and may require a higher down payment. Understanding the local mortgage system is crucial, and working with an experienced broker can make the process smoother. To dive deeper into the process, read our blog: Getting a Mortgage in Italy: A Comprehensive Guide.
  • Canadian Financing: Buyers can secure financing through Canadian lenders, such as home equity loans or cross-border mortgage services.
  • Currency Exchange Considerations: Exchange rate fluctuations can impact the cost of purchasing and maintaining a property. Working with a reputable currency exchange provider can help secure favorable rates and reduce financial risks.

Conclusion

Buying property in Italy as a Canadian citizen is an exciting and rewarding venture, offering you the chance to enjoy “la dolce vita” in one of the world’s most beautiful countries. Liguria, often referred to as the Italian Riviera, stands out as an exceptional destination for property investment.

Why choose West Liguria?
West Liguria offers a unique combination of stunning coastal scenery, historic towns, and a mild Mediterranean climate. The region is home to glamorous seaside towns such as Sanremo and Bordighera, and charming inland areas dotted with olive groves and vineyards. Its strategic location, bordering France, allows easy access to Monaco, the French Riviera, and major European cities.

The region is conveniently located near Nice International Airport (NCE), which provides direct flights to Canada, making it an ideal choice for Canadians seeking easy connectivity between their homes in Italy and North America.

For those seeking a second home, retirement haven, or investment property, West Liguria provides excellent options, from luxurious villas with sea views to quaint townhouses and modern apartments. Its culinary delights, vibrant culture, and strong community make it a perfect destination to call home.

With decades of experience in Liguria’s real estate market, LiguriaHomes Casamare is your trusted partner in finding the perfect property in Liguria. Our expertise, local knowledge, and personalized service ensure a smooth and stress-free buying experience.

Start your journey today by exploring our listings or contacting our team for tailored advice. Let us help you make your dream of owning property in Italy a reality!

Spend Halloween in Triora, the city of witches

Don’t miss the unique opportunity to feel the real Halloween spirit!

Mark your calendars: the fabled “City of Witches,” Triora, will celebrate Halloween on October 31, 2024. This is a unique chance to fully immerse yourself in a celebration that goes beyond simple costumes and treats, offering a fascinating tour through the history and culture of one of Italy’s most mysterious towns.

When we think of Halloween, images of carved pumpkins, eerie costumes, and spooky decorations come to mind. However, in Italy, especially in Triora, Halloween takes on a deeper, more enigmatic meaning.

Triora: the city of witches

Triora’s intriguing nickname stems from historical events dating back to the 16th century. During this time, the town was the setting for notorious witch trials, leading to the persecution of women accused of practicing black magic. This history has left an indelible mark on Triora, transforming it into a place of mystery and fascination – a topic of significant interest for historians and enthusiasts of witchcraft.

Each year, the municipality of Triora, in collaboration with local organizations, hosts an array of Halloween events. These activities are open to the public, free of charge, and require no reservation. From kid-friendly workshops to live performances by various artists, there’s something for everyone to enjoy.

Event highlights for Halloween 2024

This year’s Halloween celebration in Triora promises a memorable experience. Here’s a glimpse of the main events:

Guided Tours and Historical Walks: Take a journey through the ancient alleys of Triora, led by expert guides sharing stories of the town’s past and the infamous witch trials.

Workshops for Children: Creative and engaging activities designed to captivate young visitors.

Evening Performances: Various artists will take the stage, providing a lively atmosphere and an immersive experience for all ages.

For a full program and more details, visit https://www.facebook.com/Trioradascoprire to see the latest event updates and activities planned for this Halloween season.

Historical background of Triora

Nestled in the Ligurian hinterland, just a few kilometers from the coast, Triora is an ancient village with a rich past. Though its origins date back to Roman times, Triora rose to prominence in the Middle Ages due to its strategic location and commercial significance.

Triora today

Today, Triora is a beloved tourist destination, especially during Halloween. Visitors can immerse themselves in the town’s storied history by participating in cultural events, exploring local museums, and visiting historical sites. Among the key attractions is the Ethnographic and Witchcraft Museum, which provides a deep dive into the history of witchcraft and the region’s unique traditions.

Halloween in Triora is not merely a celebration—it’s an invitation to delve into a fascinating culture. Whether you’re eager to learn more about the lore of witches or simply seeking an unforgettable Halloween experience, Triora is the place to be.

For those enchanted by Triora’s history and charm, why not make a part of it your own? LiguriaHomes Casamare presents a remarkable town house located in the heart of Triora, ideal for anyone captivated by the allure of this historic “City of Witches.” Imagine owning a property rich in mystique, surrounded by breathtaking landscapes, and becoming part of Liguria’s enduring heritage. Discover more about this exclusive listing here and experience the magic of Triora that could soon be yours.