If this is a real question and not just a fantasy thread, I have read articles about the Abruzzo region of Italy for the past year or so.
https://en.wikipedia.org/wiki/Abruzzo
This region includes both the mountains and a coastal area. I have been amazed by the real estate prices in this very temperate area of the world. You can buy houses that are hundreds of years old for next to nothing. If you rent, your budget could be in the neighborhood of $20,000 a year. If you bought a place, it would be more like $12,000 a year. I am sure that your budget would be far higher if you are located right at the shore. Some examples (I am not sure how far these places are from the shore):
https://www.liveandinvestoverseas.com/co...y/abruzzo/
https://www.liveandinvestoverseas.com/co...-in-italy/
https://en.wikipedia.org/wiki/Abruzzo
This region includes both the mountains and a coastal area. I have been amazed by the real estate prices in this very temperate area of the world. You can buy houses that are hundreds of years old for next to nothing. If you rent, your budget could be in the neighborhood of $20,000 a year. If you bought a place, it would be more like $12,000 a year. I am sure that your budget would be far higher if you are located right at the shore. Some examples (I am not sure how far these places are from the shore):
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Example of Real Estate on Offer in Abruzzo
For example, near the 16th-century thermal spring town of Caramanico, is a pair of 200-year-old apartments, one partially restored, the other not at all restored but with vaulted ceilings. The price for the pair, with 200 square meters between them, has recently been reduced from 83,000 euro to 65,000 euro. That’s 325 euro per square meter. The properties boast features like fireplaces, large Majella stone slabs (these, from the nearby mountains, that today would cost 350 euro apiece), a garden, and a terrace and could be converted into ideal rentals.
Then there’s an old watermill, characteristic of the region but difficult to find for sale today. However, this one in Abruzzo currently on the market is about 100 years old, nestled in an extraordinary setting, private and surrounded by nature, but only five minutes from the nearest restaurant and 10 minutes from the nearest town. In other words, ideal for a B&B project.
The property is about an acre in total, with a small river running along one edge, and, in addition to the brick and stone mill, contains various outbuildings and other stone structures that could be converted to guesthouses. The price has been reduced from 155,000 euro to 135,000 euro.
Living Costs in Abruzzo, Italy
As always, expenses depend on your lifestyle. Is your idea of dining out a village pizzeria with a wood-fired oven or a fancy fish restaurant in Pescara? Are you happy with local wine by the liter, or can’t you imagine life without imported beer? Do you plan to have weekends away in Rome? But to give you an idea, the Abruzzo Monthly Budget includes some basic costs of living.
Monthly Budget For A Couple Living In Abruzzo, Italy
Expense Monthly Cost Notes
Rent €674
Gas €25
Electricity €102
Water €25
Telephone €17
Internet €30
Cable TV €33
Groceries €375
Entertainment €257
Total €1,538
Click here for currency conversion at today’s exchange rate.
https://www.liveandinvestoverseas.com/co...y/abruzzo/
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Property Prices
Abruzzo is one of the more affordable regions in Italy to buy property. The average price for a house is just US$75,000 and for an apartment, US$108,984. (Apartments in Abruzzo are slightly more expensive because they are more recently built and tend to be in the best locations). There is a move afoot to boost Abruzzo’s popularity, but at the moment prices are a bargain.
https://www.liveandinvestoverseas.com/co...-in-italy/