Exploring international real estate markets: from italy to new zealand

The global real estate market continues to evolve, offering diverse opportunities for investors and homebuyers alike. Whether you're looking for a retirement haven, a vacation property, or a strategic investment, international markets present unique advantages and challenges. This article explores two contrasting property landscapes that have captured significant attention recently: Italy and New Zealand.

Property investment landscapes across continents

International real estate investment requires understanding not just price points but cultural nuances, legal frameworks, and market trajectories. Successful investors typically partner with established agencies like Domus who provide comprehensive services spanning properties, finance, and insurance across multiple countries. These partnerships become especially valuable when navigating unfamiliar territories with distinct regulations and practices.

European property gems: the italian market

Italy continues to fascinate global property investors with its remarkable diversity of offerings. Perhaps most notably, the country's one euro house initiative, which began in 2017, has generated worldwide interest. This programme allows buyers to purchase abandoned properties in specific Italian villages for a symbolic price of one euro, with the commitment to renovate the property within a specified timeframe. This initiative aims to revitalise depopulated rural areas while offering extraordinary opportunities for those willing to undertake restoration projects.

Beyond the headline-grabbing one euro homes, Italy offers a sophisticated property market with options ranging from rustic farmhouses in Tuscany to luxury apartments in Rome or Milan. Complete renovation of detached houses has become increasingly popular among foreign investors who seek to preserve traditional Italian architectural elements while incorporating modern amenities. The process requires careful planning and understanding of local building regulations, but can result in exceptional value appreciation.

South pacific opportunities: new zealand's housing sector

New Zealand presents a stark contrast to European markets, with its robust economy, strict environmental protections, and unique housing options. The country has gained popularity among international investors and expatriates seeking quality of life and political stability. The housing market extends beyond conventional properties to include innovative alternatives such as houseboats and floating bungalows, offering residents the unique experience of sleeping on the waves.

For those considering relocation, understanding the cost of living is essential. A single person might spend between NZ$815 to NZ$1,000 monthly excluding rent, while a family of four could expect expenses between NZ$2,950 and NZ$3,600. Rental prices vary significantly by location, with a one-bedroom apartment in urban centres commanding approximately US$1,091 monthly, while three-bedroom properties average around US$1,856.

Market analysis and investment strategies

According to Knight Frank's Wealth Report 2025, despite global market uncertainties stemming from technological disruption, geopolitical tensions, and concerns about financial bubbles, real estate investment is gradually recovering from its 2021 peak. The report indicates that 44% of family offices plan to increase their real estate allocations, signalling continued confidence in property as a wealth preservation strategy.

Comparative Price Trends in Mediterranean vs Oceania Properties

Mediterranean and Oceania markets follow distinctly different price trajectories and investment logics. Italian properties, particularly in rural areas, often represent extraordinary value propositions with lower entry points but potentially significant renovation requirements. The charm of historic buildings, combined with Italy's lifestyle appeal, creates a market driven as much by emotional as financial considerations.

In contrast, New Zealand property values typically reflect the country's strict development regulations, infrastructure quality, and environmental standards. Popular cities like Auckland, Wellington, Christchurch, Hamilton and Tauranga command premium prices, particularly for properties with scenic views or proximity to amenities. The New Zealand market tends to demonstrate more stable appreciation patterns but with higher entry costs compared to many European alternatives.

Legal Frameworks and Purchasing Processes for Foreign Investors

Foreign investors face varying degrees of regulation depending on their target market. Italy generally maintains an open approach to international buyers, with relatively straightforward purchasing procedures once buyers navigate initial bureaucracy. The complete transaction process typically involves multiple stages, from the initial proposal to the final deed signing before a notary. Legal protection in property sales is robust but requires careful attention to contractual details.

New Zealand, conversely, has implemented more restrictive policies for foreign buyers in recent years, particularly for residential properties. These regulations aim to address domestic housing affordability concerns while still permitting certain categories of investment. Foreign purchasers often require special approval and may face additional taxation. The visa situation adds another layer of complexity, with various pathways available depending on whether the buyer intends to reside in the country or maintain the property as an investment.

Financing options also differ substantially between markets. In Italy, mortgage simulation tools like those offered by Attijari allow prospective buyers to calculate rates and terms based on local lending practices. New Zealand's banking system provides well-structured mortgage products but may impose stricter lending criteria for non-residents. Understanding these distinctions is crucial for developing effective investment strategies tailored to specific international markets.