Buying Property in Tuscany: Legal Requirements, Visas, Hotspots, and Rental Income

Tuscany continues to be one of Italy’s most attractive regions for international property buyers. With its rolling hills, art cities like Lucca and Florence, and access to both the countryside and the Versilia coast, it offers an unmatched blend of culture, lifestyle, and investment potential. But before purchasing, buyers should be aware of Italy’s legal framework, visa options, and market dynamics.

1. Legal Requirements for Foreign Buyers

Foreign citizens can legally purchase property in Italy, but conditions vary:

• EU/EEA citizens: free to buy without restrictions.

• Non-EU citizens: allowed if their home country has a reciprocity agreement with Italy (this includes the U.S., U.K., Canada, Switzerland, Australia, among others).

• Due diligence: A notary (notaio) must verify ownership, land registry compliance, building permits, and the absence of debts or illegal structures before the sale.

Working with a trusted notary and real estate advisor is essential to ensure full compliance and avoid hidden risks.

2. Visas and Residency Options

Purchasing a home in Italy does not automatically grant residency. However, there are specific visa and permit options for those planning long-term stays:

• Elective Residency Visa (Residenza Elettiva): designed for non-EU citizens who can prove stable income and wish to live in Italy without working. This is a popular option for retirees and high-net-worth individuals.

• Investor Visa (“Golden Visa”): applies to financial investments such as government bonds, companies, or philanthropic projects. Real estate purchases alone do not qualify.

• EU citizens: free to live and register residency if staying longer than 90 days.

3. Buying Hotspots in Tuscany

Different areas of Tuscany attract different types of international buyers:

• Lucca: a walled city with strong international demand, loved for its charm, accessibility, and quieter pace compared to Florence.

• Versilia Coast (Forte dei Marmi, Viareggio): a luxury market for beachside villas, attracting Italian and international elites.

• Chianti and Florence countryside: vineyards, farmhouses, and estates sought after by wine and culture lovers.

• Val d’Orcia & Siena area: UNESCO-protected landscapes, ideal for restored farmhouses with tourism potential.

• Colline Lucchesi (Lucca hills): historical villas and olive groves, increasingly popular among northern European and American buyers.

4. Rental Income and Market Trends

Tuscany’s short-term rental market remains robust, supported by strong tourism flows:

• Italy is Europe’s 4th largest short-term rental market (AirDNA).

• Tuscany performs above average, with villas and countryside homes seeing high demand, especially in summer and shoulder seasons.

• Average Daily Rates (ADR) for luxury villas can exceed €350 per night in peak season, particularly for properties with private pools, panoramic views, and proximity to Florence, Pisa, or Lucca.

• Demand for authentic countryside escapes (farmhouses, stone villas) is growing, while cities like Florence remain strong cultural hubs.

  
  

With the right management, a Tuscan villa can generate significant rental income while appreciating in long-term value.

Final Thoughts

Tuscany offers more than a property—it is a lifestyle investment. Understanding Italy’s legal requirements, visa options, and rental income potential is key to making a safe and rewarding purchase.

For international buyers, working with a trusted advisor in Tuscany ensures not just finding the right home, but also navigating Italy’s legal system, securing the best locations, and maximizing investment returns.