±JOIN OUR NEWSLETTER
±Compare Expat Providers
±Expat Focus Partners
±Latest Financial Articles
· 10 Things To Think About Before You Move Abroad In Your Middle Age
· Expat Focus Financial Update August 2017
· What Could Higher Interest Rates Mean For Your Overseas Property Purchase?
· Expat Focus Financial Update July 2017
· The Lifestyles And Cultures Of Great Expat Locations
· Understanding Exchange Rates for Your Overseas Property Purchase
· Interview With Duncan Khoury, Head of Marketing, World First Australia
· Expat Focus Financial Update June 2017
· Relocation Destinations For The Politically Minded And Socially Progressive Expat
AbruzzoBack to top Back to main Skip to menu
Italy - Abruzzo
During the summer the weather in Abruzzo is hot and dry. The winters along the coast can be very mild, but inland can become very cold with plenty of rain and snow.
Retiring to Abruzzo is ideal for those who are looking for a quiet retirement. The inland part of the region is home to many small towns and villages and property is very reasonably priced there. For a livelier retirement, the coastal areas are ideal as there are resorts there which have a variety of activities available. Some of the coastal areas already have small communities of retired expats.
One of the downsides of the movement of the population has been the lack of industry. There have been some attempts at kick-starting the commercial areas with varying degrees of success. There are few opportunities for a person to open their own business inland unless it is an agricultural style business and most opportunities will be along the coastal strip. Tourism based businesses could do well, such as small hotels, bars and restaurants.
This region of Italy is very unspoiled and has beautiful countryside to offer as well as a wealth of leisure facilities. Many expats are looking at Abruzzo as the area is not yet as popular as Tuscany and Umbria and properties are therefore cheaper, particularly if you are prepared to renovate. It is a fact that a property in Abruzzo can be up to 50% cheaper than in Tuscany. Many expats are choosing the area for investment properties as well as second homes and there are bargains to be found for those who want commercial properties.
Most of the towns in the region have a good mix of traditional living and modern life. Many of the buildings are centuries old, but most towns also have some new developments. Most have good shopping facilities and leisure amenities but most of the towns in the region are not large.
The town of L’Aquila has 70,000 inhabitants and is set in a national park at 721m above sea level. It is a university town so there are many properties which can be rented cheaply. The town still enjoys the traditional Italian way of life and properties are available very cheaply. Due to the location there is little new development, although the properties in the area are a good mix of apartments and houses. There is a lack of outdoor space with most properties, but L’Aquila has some good schools and good leisure facilities. The rental potential of properties in the area means that those looking for investment opportunities should consider L’Aquila.
The town of Chieti dates back to Roman times and gets many visitors who are interested in the history of the region, as there are monuments and architectural styles from many periods. As with L’Aquila, the properties available are mainly older properties, some of which have been converted into apartments, but there is very little new development due to the restrictions of the hill side location.
The town of Pescara also has a long history and has the largest number of inhabitants of any town in the region. Some of the older parts of town have been restored and are home to fashionable bars and restaurants. Many larger buildings have been converted into apartments and it is possible to find a reasonably priced property, although prices are rising as the popularity of the area grows. The area has good schools and good leisure facilities in the town.
The town of Teramo sits in a valley and also has a long history. There has been some restoration in the town although it is possible to find low priced properties that are in need of repair and modernisation. Again, the location restricts new developments and the extension of the town.
Read more about this country
Expat Health Insurance Partners
Our award-winning expatriate business provides health benefits to more than 650,000 members worldwide. In addition, we have helped develop world-class health systems for governments, corporations and providers around the world. We want to be the global leader in delivering world-class health solutions, making quality health care more accessible and empowering people to live healthier lives.
At Bupa we have been helping individuals and families live longer, healthier, happier lives for over 60 years. We are trusted by expats in 190 different countries and have links with healthcare organisations throughout the world. So whether you're moving abroad for a change of career or a change of scene, with our international private health insurance you will always be in safe hands.
Cigna has worked in international health insurance for more than 30 years. Today, Cigna has over 71 million customer relationships around the world. Looking after them is an international workforce of 31,000 people, plus a network of over 1 million hospitals, physicians, clinics and health and wellness specialists worldwide, meaning you have easy access to treatment.