Turin Property Market and Real Estate Guide

(Turin, Piedmont, Italy)

Italy continues to draw in visitors every year with its stunning architectural displays and ancient structures visible in the majority of its big cities and towns. Turin is one such city where visitors can enjoy the Italian way of life, and property here is highly sought after.

In comparison to its larger and more popular counterpart Rome, Turin property is far cheaper and makes for an excellent investment for those looking to work their way up the property ladder. Those who choose to reside in the city have a wealth of museums, galleries and modern entertainment venues to enjoy and the property market welcomed a boost after the city hosted the 2006 Winter Olympics.

Most of the centrally located properties for rent and sale are apartments, but out in the surrounding suburbs of Turin is a multitude of houses available from detached, multi-bedroomed homes for famillies through to townhouses.

Renting Serviced Apartments

The majority of rentals boast good locations as Turin is a city that is easy to travel to and simple to get around. Renting serviced apartments can be done with ease, as there are seemingly endless choices available and properties can be found online or via an agency.

The more expensive options offer a mixture of 24-hour security, parking, communal garden spaces, gymnasiums and maid services, while the cheaper properties boast good value for money apartments with fairly good mod cons. Deposits are around twice that for the plusher rentals and two and three-bed apartments are in high demand by families looking for a centrally located property.

Buying Apartments and Houses

Buying property in Turin is ideally done with the assistance of an 'agent immobiliare' (Italian estate agent). However, it is vital to know that agents usually work for both the seller and the buyer and will receive fees from both parties. If this is not how you wish to make your purchase you must outline this at the very start.

Fees must be paid to the Notary as well as taxes, and how much one must pay will be decided by the price of the property. An Italian tax code is essential to make a purchase, along with an Italian bank account - EU citizens can acquire one through their solicitor or agent.

Real Estate Agents

Turin is a large city and finding an agency with English-speaking staff is fairly effortless. The Internet is the best tool to utilise in a search for an agent, and it is commonplace to search through a portfolio before you agree to see any properties, to gain a feel for the types of houses available through each agency.

Here are some recommended agents in Turin:

FondoCasa
Address: Corso Francia 19, Turin, IT-10138, Italy, IT
Tel: +39 011 434 1061
Email: direzionepiemonte@fondocasa.it
Website: www.fondocasa.it
Located in the centre of Turin, FondoCosa specialise in sales and rentals of residential properties, as well as commercial units.

Sintedil Agency Srl
Address: 1 Via Carvour, Turin, IT-10123, Italy, IT
Tel: +39 011 531 910
Email: sintedilagency@sintedil.com
Website: www.sintedil.it
Sintedil Agency offers a wide range of accommodation for sale and rent in the Turin area.

Nova Investimenti Immobiliari
Address: 612/15A, Unione Sovietica, Turin, IT-10100, Italy, IT
Tel: +39 011 340 2811
Email: info@novaspa.it
Website: www.novaspa.it
Nova has a large portfolio of properties available within the city centre, together with a number in the suburbs.