Cheap Properties In Italy | Cost Of Living & Auction Properties - Ep 5 Ft. Dauvo 

if they don't have kids, don't want to live in a big city (even in suburbs of a big city), and don't have a rent to pay, two people can live in Italy just fine with 1000€ / month, and save (few) money. Also entp life, allow me to correct your list with my costs of living here, those are costs for 2 people living in a 80square meters house: Rent - 0 Property Tax - Fee If live in an apartment you have to pay maintenance fees that can vary and could be very high in big cities Heating Gas : €120 / month Cell Phone- (unilmited calls 50gb of internet monthly) €10/mo Internet-€25/mo Garbage- €7/mo Water- €25/mo Car tax + insurance : €50/mo (this is high because car insurance is pricey but it becomes cheaper each year if you don't cause accidents, in some cities car insurance is VERY high, it depends on accidents ratio of that area) Car Fuel : 20 € per 300km (GPL) Eating : €240/300 per month Bank account: 7€ / month - no credit card Other expenses but this are for citizens and I don't know how it works for foreigners: Health : basic health checks are free, ER is free in most regions or you can pay up to 50 euros in some other if your's is not a "real" emergency, a specialist medical examination on national health system would cost about 35 euro but again this depends on the region in which are you living (and it may take months before the actual examination happens). A private medical examination costs from 100€ upwards. School: Public primary and secondary schools are free, university has taxes based on income and benefits for merit and low income families.

I moved to Portugal from the States in October 2018. The Schengen zone has the same 90 days in, 90 days out on a tourist visit. Lots of different residency visas are available, but right now, with the virus, people are getting frustrated about not being able to finish their visa process. It requires great patience-and I’m so glad I’m already here! And it’s not property taxes that are high, it’s the income taxes! Oh, and hi Dauv0 :)

Just have to say I am glad to have found your channel and your guest!!! Thank you for being authentic and providing amazing value!!

Nice to see you both!! Great interview!!

Really great and useful information! Thank you!

This is a great colab! I subscribe to both your channels already.

Awesome video Karl. Gets me excited about spending more time there.

Super! Getting another real life perspective

Thanks for having my in your channel! The video came out really well! Hope all is well in Florida!

great info, my favorite sub!!!!

Love you guys!

Great series! Thanks for sharing! Jumping on the train a little late but it’s been my goal to stay in Europe since I was 12. I’m very curious to see how things go for you as well as Dauvo and his auction properties but I couldn’t find a link for him. Just watched the first 5 videos and subscribed. I’ll be sure to watch more later. Thanks again!

I'm glad that you tackled the misinformation. I am from Canada and Uganda and I have dealt with the real estate process in both countries. So when I moved to Italy on a student visa, I intended to use the 2-3 year visa period to research and then purchase a property. I am yet to meet anyone (Italian mostly) who supports purchasing property here. They talk about the high taxes and the appeal of North America, etc. I had clearly been asking the wrong people for advise since they don't get to compare to costs of living in major Canadian cities like Toronto, Vancouver, and now Calgary. Even with the exchange rate, Italy still beats Canada in terms of affordability and quality of life (aside from Milan, Rome, Florence, Bologna since they are international cities). I'm subscribing to your channel NOW because your content is exactly what I've been looking for.

This was very informative! Thank you! I'm ready considering purchasing in Sicily now 😊

Love this video !!! I would like some information abaut some houses located around the beach or a Lake that will be awesome!!! Guys you too rock!!!Thank you

Very informative....thank you

Learned alot! Thank you for this video (:

Thank you. This is crucial information.

Great point made by Dauvo regarding modest middle income lifestyle as opposed to luxury. People visit Italy on vacation see the hot spots and luxury places and expect that lifestyle cost to be that of a modest middle income. As they say Champagne breakfast on a beer budget. It's all perspective and reality. Thank you great vid.

Hi! I found this today, your content is clear and provides amazing value. I'm excited about the possibilities and I appreciate your transparency and encouragement. I use to live in Italy and would love to purchase an investment and vacation property.

Great video!!! I have a duplex in the US. I am now thinking of visiting Italy.

Fascinating story Karl., Finally getting the time to watch all your Sicily videos that I started to watch over a year ago. Now that Travel is back on the cards and I will be going to Sicily next month for a couple of months. I want to check out some homes if the schemes are still up. I went pre-covide times but I could not get my head around these shell shocked homes in Mussomeli - I went back to the UK disallusined with the scheme. I want to look at it again - particularly now I am retired. I love Sicily and I want to have a retirement home there. I will finish of watching out your story (just on Ep 5) but need to nip out so will catch up later. I hope we can have a chat about it and you can advise me more.

Karl and DauVo !!! You Guys are Awesome . I Can’t believe All the Information you Are Providing Us. All this Information is Priceless. I Hope You will both be Blessed and Life Will Return and Multiply your a Kindness and Generosity. I became a Big Fan of both of You. Keep up the Great Videos and Chats . Can’t Wait to Travel back to Italy 🇮🇹 hoping to purchase my Dream Home too. Warms Regards to you Both and Best if Luck and Big Thanks for the Updates. Noriko From Miami Florida

Do you recommend using a agency to go through the process of buying an auction property? If so is there one that you would recommend? What is a good price to pay an agency? Thanks for any help with those questions ; )

Good channel.

Great info especially regarding how many days one can spend out of the year! Is an AirBnB considered “working” in Italy. I’m possibly wanting to buy two properties given the reduced price especially in the South.

Hey Karl, Firstly, thank you soo much! I've watched your entire "Cheap properties in Italy" series and it is by far the most helpful video series I've watched on the matter. I did have a question though, does buying those properties give you a visa so that you can stay and renovate your house? Or buying those houses doesn't give you that privilege?

Great video! I would love to retire in Italy, but I have to work a few more years!

WHAT IS THE TIME LIMIT ...FOR THE REFURBISHING/RESTORAL?

Can you declare a property as your primary residence if you live in it 4-6 months out of the year and AirBnB it for the other 6 months? I’m thinking of the tax aspect if you’re only going to purchase a home and not live in it Year-round.

I'm curious about setting one up as an Airbnb if I'm here in the States. Do you have a company that goes and cleans and checks on the place after each guest? I have no idea how that would work.

I'm so impressed by your positivity and verve for life. I am no where near your success in life carrying debt so much so that I can't even get a divorce yet haha. My ex is black and my daughter, obviously, is mixed. I would never have considered traveling to Sicily and honestly, likely not Italy. Have you experience any crazy racism in your time there and/or just abroad in general? Thanks so much and best of luck in your future endeavors.

I might have missed it, but what are the monthly utilities and other expenses (like internet) associated with a modest property (2 bedroom, 2 bath around 100 m2)?

I’m look to purchase and retire there (or France...more expensive because I know someone who lives there) if I can purchase an expensive property. I’m not handy so I probably wouldn’t choose a 1 euro property.

Hey Karl..i am making plans to take trip to italy to buy a 5000 pound property..hopefully i can meet up with you for advise

Not sure if someone has posed the question yet....if you can live there for three months at a time, what are the rules for bringing along your dogs during that time? Wondering if there are specific rules for Sicily or the town.

The context of this conversation is about a middle class lifestyle in Italy. The answers invariably revolve around living like a pauper in an apartment so small you have to step outside to change your mind. So small when you put the key in the front door, you break the glass in the backdoor. Yo mama house so small that when she orders a large pizza she had to go outside to eat it. As well as eating Discount German supermarket food from Lidl or Aldi. In short, double every number the interviewee mentioned.

I want to invest to Italy how can i do?

whats the taxes at death ? I would want to pass my house down to my kids and grandkids.

Yes but all this hinges...on the concept of this AirBnb...should it go belly up what will you do with all these properties?? sell them?? your counting on income based on one entity...AirBnb..recent laws...might change all this...

Can’t renovate, can’t manage it. Need a lifestyle with concertise, ect

You got the Facebook link?

My family and I will buy a house there once the banned is lifted. I'm an early military retiree

Didn’t really speak about utilities in detail , just said he pays 500 on food and extra 300 on bills , but no council tax. So is he saying electric and water are 150 each aprox ,? Sounds expensive being honest .

WOW! $19, 000.00 FOR A VILLA...IN OR NEAR MILAN!

That means if my US Pension is $1,000 a month as a Single Person I can retired in Italy.

Any other euro countries as good as Italy?

You miss a very salient point of all your sales pitch explanation of your experience of acceptance .. it has nothing to do with race . Italian are welcoming of all guests . It is cultural.