Homes in Italy under $500K
$500,000 in Italy is a sweet spot. Florence two-beds in Oltrarno or Campo di Marte, Rome apartments in Trastevere's outer edge, Prati, or San Lorenzo, Milan one-beds in decent neighborhoods (Porta Romana, Isola), and proper Tuscan or Umbrian countryside homes with 1-2 hectares of land. Lake Como's secondary villages and Lake Maggiore's lakefront studios all fit. This tier captures the classic American-Italian fantasy: a Tuscan farmhouse with olive trees, or a historic-center apartment with frescoed ceilings in Florence. Closing costs run 10-15% (registration tax, notaio fees, cadastral tax).
We do not have any current Italy listings at or below $500K. The market floor for Italy sits above this tier right now.
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All Italy listings โUpdated 2026. Listings refresh weekly.