Florence

A culturally rich city with amazing architecture

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Discover Florence's Real Estate

Located in the heart of Italy, Florence is arguably the country’s most prized possession. With a population of over 380,000, it is the capital of the Tuscany region. The city is globally recognized for its beautiful Renaissance art and architecture. It is one of the most popular tourist destinations in the world, besides having great economic and industrial importance. These factors make Florence a solid player in the real estate market of Italy.

Culture, History, and Business

The historical roots of Florence can be dated back to the 59th century BCE when it was established by Julius Caesar as a Roman military colony. Being the birthplace of the Italian Renaissance, the city holds great significance in world history. It became one of the political, economic, and cultural centers of the world from the 14th to 16th century and was even made the capital of Italy from 1865 to 1870.

With such a rich historical heritage, Florence is a crowned jewel in the Italian culture. The art and architecture of this city are admired across the globe, with millions visiting Florence every year. The museums full of masterpieces from the likes of Leonardo Da Vinci, Botticelli, Michelangelo, and Titian are counted among the unique attractions of the city. Music, theater, and food are also integral to the city’s culture. Some of the most popular cultural landmarks of Florence include the Cathedral of Santa Maria del Fiore and Piazza Duomo and the Baptistery of St. John. 

The modern-day Florence is an industrial city with a booming economy. The industries in the city make all kinds of products for residents as well as for export. The main businesses that support the economy are pharmaceuticals, fashion, engineering, food, and wine. The prime source of the city’s income, however, is tourism. Its sheer popularity as a vacation spot is invaluable not only to Florence’s economy but that of the entire country.

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Real Estate Appeal

A fact about Florence that may surprise you is that 93.8 percent of all real estate purchases in this city is made for investment purposes. The real estate market of Italy has gone through some significant turbulence in recent times. Still, the demand for properties in this city has been continuously on an upward scale. From an economic standpoint, the city has always been one of the economically strongest ones in Italy, which is an excellent sign for commercial property investment prospects.

The ever-increasing popularity of vacation homes in the city center has hugely benefited investors who look to buy and sell for profits, whereas Airbnb and short-term rentals are excellent sources of income for those looking for regular cash flow. Overall, the property market of Florence is hugely reliant on its massive tourism industry. 

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Explore Florence's Real Estate 

Real Estate Crash In Florence?
Real Estate Crash In Florence?

Real Estate Crash In Florence?

If you are a fan of European’s renaissance art and architecture, you will find the historical city of Florence fascinating. Located in the central part of Italy, this city is famous for its...
Why You Should Invest in Florence in 2020
Why You Should Invest in Florence in 2020

Why You Should Invest in Florence in 2020

Florence is listed among Europe’s elite cities in terms of economy, politics, and culture. The city has one of the most flourishing real estate markets in Italy. Properties have been selling like hot...

Florence's Real Estate Tips

📍Over 644 investors explored Florence

Real Estate Crash In Florence?

Real Estate Crash In Florence?

Why You Should Invest in Florence in 2020

Why You Should Invest in Florence in 2020

Best Places to Buy Real Estate in Florence

Best Places to Buy Real Estate in Florence

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Attractive Investments In Florence

📍Over 644 investors explored Florence

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