Amalfi Property Market and Real Estate Guide
(Amalfi, Campania, Italy)
Set on the stunning coast of the same name, Amalfi offers some of Italy's best seascapes, not to mention easy access to popular tourist haunts such as Pompeii, Naples
Real estate here ranges from rural farmhouses in the hinterland, to modern apartments in the city centre and luxury beachside homes. While property in Amalfi is notoriously expensive, buyers pay for the privilege of living somewhere that has been popular for generations.
Buying property here with the intention to rent it out is an attractive option, with the area attracting Italy's greatest visitor numbers. As a tourist hotspot, Amalfi nearly doubles in population during the summer months and consequently rental prices in this season skyrocket.
The coast and marina are the most popular places to rent and buy for those with deep pockets, while surrounding Amalfi Coast villages such as Positano
, Ravello, Atrani and Minori, all offer cheaper alternatives.
Renting Serviced Apartments
Amalfi attracts mostly holiday makers rather than business visitors. Therefore its serviced apartments are largely holiday lets. Prices vary according to the season, with the summer months of June, July and August seeing inflated rates. Typically, serviced apartments come with modern conveniences and a maid service.
Rates for serviced apartments are higher than those of regular apartments, but guests have the option of short stays, as serviced apartments mostly have no minimum stay requirement. Rates are charged per day, per week or per month, with discounts offered accordingly. A cash deposit is often required upon check in.
Buying Apartments and Houses
Foreigners can purchase property in Amalfi without restriction. However, they are subject to 11 percent registration tax, compared with the six percent that Italian nationals pay. Once an expat has identified a property for purchase, the help of an estate agent and a notary should be sought.
Typically a deposit of ten percent or more is required on the signing of the initial agreement, after which the buyer is usually permitted to move into the property. The complete purchase agreement can take up to six months to process. Buyers are advised to have a surveyor check the boundaries and the structure of the property prior to purchase.
Real Estate Agents
While locals prefer to deal with the rental and sale of property privately, expats are advised to enlist the assistance of an estate agent, especially if they don't speak Italian. There are a number of professional nationwide agents that deal in property in Amalfi but there are benefits to using a local agent, who may have better insight into the local property market.
Check out the following Amalfi real estate agents:
Agenzia Immobiliare Torre
Address: Salita Marino Sebaste 1, Amalfi, IT-84011, Italy, IT
Tel: +39 089 872 967
With more than a decade of experience, Torre can help you find the ideal Amalfi property at a price that suits you.
House and House
Address: Via Pantaleone Comite (Hotel Luna), Amalfi, IT-84011, Italy, IT
Tel: +39 089 854 009
Featuring property in Amalfi, Salerno and Maiori, this smart realtor can guide you through the rental or purchase process.
Address: Lorenzo d' Amalfi 38, Amalfi, IT-84011, Italy, IT
Tel: +39 089 873 387
This local agent has a large portfolio of properties, from rural farmhouses to luxury sea-facing homes.