Buying a property in Salento in Puglia is a dream for many: crystal clear sea, enchanting villages, cities of art and an excellent quality of life. However, before taking this big step, it is essential to evaluate some fundamental aspects. Before going ahead, a piece of advice from someone like me who has been in the field of real estate sales in Salento for years: don’t get carried away by the rush of buying!

Many times, during my activity as a real estate agent in Salento, I find myself in front of people interested in buying a holiday home or a villa. Goal: to make it an income, generally through the circuit of vacation rentals. In this sector my agency ThePuglia Immobiliare is very well-versed as it is our core business. There is so much joy and desire to make the purchase, but: first of all, let’s also talk about concrete things. Are you ready, as real estate buyers, to consider these 3 fundamental things? I will list them here quickly to give you some food for thought.

1. Real estate sales in Salento: the location

Salento offers various purchasing options, from villas with sea views to masserie immersed in olive groves to splendid apartments and buildings in the historic centers of cities. If you want a property near the beach, make sure it has easy access and that the area is not subject to environmental restrictions. If you prefer the tranquility of the countryside, consider the distance from essential services such as shops, supermarkets, pharmacies …

Read also: Prestigious villa with pool in the heart of Salento’s beaches

Whatever area you choose, keep in mind that the location is one of the fundamental points of real estate investment: the right location will make you make a profitable investment, the wrong location will make you make a crazy flop! Also consider that the location is not only in macro areas, but also within the same cities. Where I work for example, some areas within the municipality perform much better than other areas within the same municipality.

2. Regulations and permits: each municipality has specific regulations on renovations and vacation rentals

Before purchasing, find out about any landscape restrictions, limits on tourist rentals and property taxes. Contacting a notary or a local real estate agency can avoid unpleasant surprises: do it beforehand, it can save you time and money!

3. Maintenance and additional costs

A property involves management costs: maintenance, bills, local taxes and, if you intend to rent it, any expenses for managing guests. If you do not live in Salento all year round, you may also need a property management service or a company that takes care of the rental.

Before buying: it is a priority to make a business plan, I recommend. Many private investors do not take this point into account, which in my opinion is the most important.

Make a BUSINESS PLAN for your real estate investment. How much cash flow will your investment generate? Which parts of the property management process can you do directly? And which ones should you delegate? How many fixed taxes will you pay each year? How much money do I have to put aside each year for ordinary and extraordinary maintenance? At what level is the real estate market in the area currently positioned?

In conclusion: buying a property in Salento can be an excellent investment, but it is essential to carefully analyze the location, regulations and management costs. With the right planning, you will be able to enjoy the charm of this wonderful land without worries.

Remember: you can always take advantage of a FREE CONSULTATION for in-depth information on the business of vacation rentals and real estate sales in Salento, without any obligation and directly with me at my office in Torre Lapillo or directly at your property.