Florence
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About Florence: curiosities and key insights
Investing in luxury real estate in Florence, Italy
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Florence is situated in the heart of Tuscany, in central-northern Italy. Nestled along the Arno River and surrounded by rolling hills, the city enjoys a strategic location that makes it easily accessible from all major Italian and European destinations.
Its central position is one of the key reasons why Florence is considered a perfect base for those looking to live here permanently or invest in a second home in the cultural heart of Italy.
Yes. Florence is an excellent starting point to explore some of Tuscany’s most renowned destinations:
Florence boasts excellent infrastructure and international accessibility:
Florence attracts discerning buyers thanks to its prestigious historic palaces, Renaissance residences, and frescoed apartments located in the city’s most exclusive neighborhoods.
Owning a home here means living immersed in art, history, and timeless beauty, while enjoying the opportunity to generate attractive returns through luxury short-term rentals highly sought after by international guests seeking exclusive lifestyle experiences.
Florence is one of the most iconic art cities in the world and a truly international lifestyle destination. Often described as an “open-air museum,” the city offers a rare and historic real estate portfolio deeply rooted in Italy’s cultural heritage. The surrounding hills, dotted with Renaissance villas, Italian gardens, olive groves, and vineyards, provide a highly exclusive and private setting for those seeking a unique, stable, and timeless investment.
Yes. Florence ranks among the top four prime residential markets in Italy, with a luxury property segment valued at over €2.3 billion.
The real estate supply is highly curated and limited, with strong demand from international high-net-worth buyers from the USA, Germany, the UK, France, Canada, and Switzerland.
The typical buyer profiles include:
Trophy assets are rare, iconic, and often off-market properties, defined by:
These properties are considered safe-haven assets, capable of preserving or increasing their value over time thanks to their intrinsic uniqueness and timeless appeal.
Owning a trophy asset in Florence is a symbol of status and prestige, as well as a highly regarded form of portfolio diversification.
In Florence, trophy assets typically include:
These properties offer unique investment opportunities and are often used as prestigious second homes, exclusive event venues, or high-end hospitality assets.
Recent data shows that Florence accounts for approximately 3.7% of Italy’s total luxury real estate inventory. The most sought-after segment is luxury apartments (73% of the stock), primarily located in the historic city center and often beautifully restored with meticulous attention to heritage. Historic villas, period residences, and prestigious hillside estates also attract strong international interest.
Luxury property prices in Florence vary based on location, property type, and distinctive historical and architectural features. Certain areas reach top-tier international market values.
Here are the average price ranges per square meter in the most prestigious zones:
Fiesole Hills: Among the most exclusive areas, luxury villas range from €5,000 to €7,500/sqm.
Arcetri: Between €6,200 and €7,800/sqm for villas with swimming pools, private gardens, olive groves, and panoramic city views.
The historic city center is the most valuable area in the Florence real estate market. In particular:
Yes. Key appreciation trends include:
Florence offers a variety of prestigious neighborhoods for luxury real estate investment. The most sought-after areas include:
The Florentine hills offer some of the most exclusive and scenic properties in Italy, set in breathtaking landscapes:
Piazzale Michelangelo: a highly coveted panoramic location with rare, off-market residences overlooking Florence’s iconic skyline.
The best areas for a secluded and panoramic second home are:
These hillside areas are perfect for those who value privacy, peace, and exceptional views of the city without sacrificing quick access to downtown Florence.
For those who wish to experience Florence’s cultural, culinary, and urban life up close, the city center offers prime second-home opportunities:
Purchasing a second home in the historic center allows you to experience Florence with immediacy and comfort, making it ideal for both short stays and high-end rental opportunities.
Dreamer Real Estate provides exclusive access to a carefully curated portfolio of luxury homes for sale. The team offers comprehensive support throughout every stage of the process:
Florence offers an exceptional selection of luxury properties, often located in historic palaces or Renaissance villas, many of which are protected by Italy’s Fine Arts Authority, making them even more exclusive and rare on the market.
The most sought-after property types include:
Buyer preferences vary by profile:
Protected historic villas offer unique cultural and artistic value. These properties are considered part of Italy’s heritage and provide the opportunity to live in a prestigious residence that combines timeless elegance with modern comfort, while preserving its historic identity.
Yes. Many investors are actively seeking properties in need of renovation to personalize and enhance them with high-end finishes. Carefully managed restoration projects can offer substantial capital appreciation, especially for properties in prime locations or with significant historical value.
Absolutely. Hillside villas offer privacy, nature, and modern comfort. Many are equipped with smart home systems, reliable infrastructure, and are located just 15–20 minutes from the city center. They are ideal for year-round living, remote working, or extended stays.
Yes. All foreign buyers, regardless of nationality, can purchase real estate in Italy without significant restrictions. There are no general limitations based on the buyer’s country of origin.
The purchasing process requires:
Italy offers an advantageous flat tax regime for high-net-worth individuals (HNWI) relocating their fiscal residence to Italy. The program provides a flat tax of €200,000 per year on all foreign-sourced income, regardless of the amount, for a maximum duration of 15 years. This is an attractive opportunity for international investors seeking tax efficiency combined with a luxury lifestyle in Florence.
Absolutely. Florence is a city of global appeal, combining cultural heritage with modern sophistication. It offers: prestigious boutique hotels such as Four Seasons, St. Regis, and Portrait Firenze; Michelin-starred restaurants including Gucci Osteria and Il Palagio; international schools serving the global community; quick access to European hubs via Florence Peretola Airport and high-speed train connections. Florence is perfectly suited for primary or secondary residences of the highest profile.
Yes. Florence offers a mild climate, premium services, world-class healthcare, international schools, and a vibrant cultural scene. It’s an ideal city for a stable residence, combining timeless beauty with modern efficiency and human-scale living.
Living in Florence means residing in an open-air museum, where every street, building, and square tells the story of centuries of art and culture.
The city’s skyline is dominated by the magnificent Brunelleschi Dome and Gothic bell towers, while the Arno River divides Florence into distinct and charming neighborhoods.
Florence offers:
In Florence, art is not just admired, it is part of daily life. Private concerts, exclusive exhibitions, historic palace events, and tailor-made cultural experiences are all within reach.
Florence is recognized as one of the most important art cities in the world. Its uniqueness lies in the seamless integration of its extraordinary historical and artistic heritage into everyday life.
Those who live in Florence can:
Florence is an elegant, walkable, and well-connected city, ideal for those seeking a refined, international lifestyle with a relaxed rhythm.
Florence offers high-quality living with cultural vibrancy and efficient services, without the stress of large metropolitan cities.
Florence enjoys a mild, temperate climate with warm summers and mild winters, making it perfect for outdoor living, garden events, and year-round enjoyment of the city’s beauty.
Yes. Florence is an excellent choice for families, expats, and international professionals, offering:
Florence offers exclusive lifestyle experiences, including:
Living in Florence means experiencing the very best of Italy with elegance, discretion, and authenticity.
It depends on your preferred lifestyle:
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