Sorrento Property Market and Real Estate Guide

(Sorrento, Campania, Italy)

Perched on cliffs facing Capri, charming Sorrento has long been a popular stop for visitors en route to Naples and Pompeii. Yet these days, more and more expats are choosing to stay for extended periods or to invest in property here.

Sorrento's position on the stunning Amalfi Coast is perhaps one of its greatest appeals, and property hunters will inevitably fall in love with the architecturally beautiful villages that dot the winding coastal roads. Naturally, property that commands some of Italy's best coastal views sells at a premium. Of note, the hinterland generally presents better value.

Those not brave enough to buy or rent property that requires driving the hair-raising coastal roads may opt to reside in the pretty port area known as Marina Grande, or the area around the main square, the Piazza Tasso. Property in the historical centre is expensive (in line with the town's upmarket reputation) yet cheaper than in the likes of exclusive Capri. Additionally, the potential to buy-to-let here is excellent.

Renting Serviced Apartments

Apartments in Sorrento are aimed at the holiday market rather than at corporate visitors, and consequently rates vary according to the season. There is a large choice of serviced apartments in central Sorrento, most of which offer daily, weekly and monthly rates, as well as excellent amenities such as swimming pools and kitchens.

While those staying in a serviced apartment for just a few nights are unlikely to make a saving over a stay in an equivalent hotel, serviced apartments can be cost-effective for extended stays, especially for families or groups.

Buying Apartments and Houses

There has been a surge in foreign nationals buying property in Sorrento over the past decade. Expats are not subject to any restrictions, although they should expect to pay a higher registration tax than Italian nationals, at 11 percent.

Once an initial agreement has been made, a non refundable deposit of ten percent or higher is due. It is recommended to have the physical boundaries of the property surveyed before closing the deal. The purchasing process can take as long as six months, although buyers are often permitted to move into the property after the initial agreement has been signed.

Real Estate Agents

Whether you are buying as an investment or as a second home, it is essential to enlist the help of an experienced estate agent to guide you through the process. Purchasing property in Italy requires the help of a notary, as well as an estate agent (a good agent will be able to organise this for you).

We can recommend the following Sorrento real estate agents:

Technocasa Group
Address: Centro Direzionale, Isola, F 11, Naples, Italy, IT
Tel: +39 081 787 7423
Email: sedecampania@tecnocasa.com
Website: www.tecnocasa.it
This estate agent covers property nationwide, with an office in Naples dealing with property across the Campania region, including Sorrento.

Coppola Immobiliare
Address: Corso Italia 310, Sorrento, Italy, IT
Tel: +39 081 807 4608
Email: info@coppolaimmobiliare.com
Website: www.coppolaimmobiliare.com
Offering a range of pre- and post-sale services, this agent has more than a decade of experience.

Pegi Immobiliare
Address: 314, Corso Italia, Sorrento, Italy, IT
Tel: +39 081 877 3597
Email: pegimmo@tin.it
Website: www.pegi.it
This realtor has everything from villas, cottages and studios to farms, land and apartments in or near Sorrento on its books.