Authored by the expert who managed and guided the team behind the Italy Property Pack
Yes, the analysis of Tuscany's property market is included in our pack
Thinking about buying an apartment in Tuscany but not sure what things actually cost in 2026?
This guide breaks down real prices, closing costs, and ongoing expenses so you can plan your budget with confidence.
We constantly update this blog post with the freshest data we can find.
And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Tuscany.
Insights
- An 80 square meter apartment in Tuscany typically costs around €200,000 in 2026, but that same size in Florence's historic center would run closer to €480,000.
- Tuscany apartment prices rose about 4.2% year over year for existing homes in late 2025, outpacing new builds which only increased 1.4%.
- Foreign buyers without Italian residency should expect to put down 30% to 40% of the purchase price, compared to 20% to 30% for residents.
- Closing costs in Tuscany range from 10% to 25% of the apartment price, with the biggest variable being whether you qualify for "prima casa" tax relief.
- The price gap between Florence's priciest neighborhood (Centro at €5,976 per square meter) and a budget area like L'Isolotto (€3,679 per square meter) is over €2,300 per square meter.
- Mortgage rates in Italy sit around 3.7% in early 2026, which means a €200,000 loan costs roughly €1,000 per month over 25 years.
- Monthly condominium fees in Tuscany range from €50 for a basic building without an elevator to €350 or more for buildings with concierge and central heating.
- IMU property tax in Florence runs at 1.06% of the cadastral value, not the market price, which usually makes the actual bill lower than you might expect.
- Arezzo and Pistoia provinces offer apartment prices 30% to 40% below Florence, making them popular with budget-conscious foreign buyers.
How much do apartments really cost in Tuscany in 2026?
What's the average and median apartment price in Tuscany in 2026?
As of January 2026, the average asking price for an apartment in Tuscany is around €2,500 to €2,600 per square meter (about $2,600 to $2,700 or £2,100 to £2,200), while the median sits slightly lower at roughly €2,400 to €2,500 per square meter.
For a typical 80 square meter apartment in Tuscany, that translates to an average price of approximately €200,000 to €210,000 (around $208,000 to $218,000), though the median would be closer to €190,000 to €200,000 because expensive areas like Florence and coastal towns pull the average up.
In terms of price per square foot, Tuscany apartments average about €232 to €242 per square foot ($241 to $252), and the realistic price range for most standard apartments in Tuscany spans from roughly €120,000 to €350,000 (about $125,000 to $365,000) depending on size, location, and condition.
How much is a studio apartment in Tuscany in 2026?
As of January 2026, a typical studio apartment in Tuscany costs around €90,000 (approximately $94,000 or £76,000), though prices vary quite a bit depending on which province you're looking at.
For entry-level to mid-range studio apartments in Tuscany, expect to pay between €75,000 and €110,000 ($78,000 to $115,000), while high-end or luxury studios in prime Florence locations or desirable coastal areas can reach €150,000 to €200,000 or more.
Studio apartments in Tuscany typically measure between 30 and 40 square meters (roughly 320 to 430 square feet), with 35 square meters being the most common size you'll find on the market.
How much is a one-bedroom apartment in Tuscany in 2026?
As of January 2026, a typical one-bedroom apartment in Tuscany costs around €140,000 (approximately $146,000 or £118,000), making it a popular choice for singles, couples, and investors.
Entry-level to mid-range one-bedroom apartments in Tuscany generally fall between €115,000 and €175,000 ($120,000 to $182,000), while high-end one-bedrooms in Florence's historic center or premium Lucca locations can easily exceed €250,000 to €350,000.
One-bedroom apartments in Tuscany typically range from 45 to 65 square meters (about 485 to 700 square feet), with 55 square meters being a common size that includes a separate bedroom, living area, kitchen, and bathroom.
How much is a two-bedroom apartment in Tuscany in 2026?
As of January 2026, a typical two-bedroom apartment in Tuscany costs around €200,000 (approximately $208,000 or £169,000), which is the most common apartment type for families and long-term residents.
Entry-level to mid-range two-bedroom apartments in Tuscany range from about €165,000 to €255,000 ($172,000 to $265,000), while high-end or luxury two-bedrooms in premium neighborhoods like Florence Centro or Forte dei Marmi can reach €400,000 to €600,000 or higher.
By the way, you will find much more detailed price ranges for apartments in our property pack covering the property market in Tuscany.
How much is a three-bedroom apartment in Tuscany in 2026?
As of January 2026, a typical three-bedroom apartment in Tuscany costs around €280,000 (approximately $292,000 or £237,000), though this varies significantly between Florence and more rural provinces like Arezzo.
Entry-level to mid-range three-bedroom apartments in Tuscany generally range from €230,000 to €360,000 ($240,000 to $375,000), while high-end or luxury three-bedrooms in prime locations can easily exceed €500,000 to €800,000 depending on finishes and views.
Three-bedroom apartments in Tuscany typically measure between 100 and 130 square meters (roughly 1,075 to 1,400 square feet), with 110 square meters being a standard size for a family-sized apartment with living room, kitchen, and three bedrooms.
What's the price gap between new and resale apartments in Tuscany in 2026?
As of January 2026, new-build apartments in Tuscany typically cost 10% to 25% more per square meter than comparable resale apartments, though the exact premium depends heavily on location and building specifications.
The estimated average price per square meter for new-build apartments in Tuscany ranges from about €2,750 to €3,250 (approximately $2,860 to $3,380 or £2,320 to £2,745), reflecting modern energy standards and limited new construction in historic areas.
Resale apartments in Tuscany average around €2,500 to €2,600 per square meter ($2,600 to $2,700), and interestingly, ISTAT data shows existing home prices rose faster than new builds in late 2025, with resale apartments up 4.2% year over year compared to just 1.4% for new construction.
Make a profitable investment in Tuscany
Better information leads to better decisions. Save time and money. Download our guide.
Can I afford to buy in Tuscany in 2026?
What's the typical total budget (all-in) to buy an apartment in Tuscany in 2026?
As of January 2026, the typical all-in budget to buy a standard two-bedroom apartment in Tuscany is around €220,000 to €250,000 (approximately $229,000 to $260,000 or £186,000 to £211,000), which includes the purchase price plus all closing costs.
Beyond the purchase price, your all-in budget in Tuscany should include purchase taxes (which vary based on tax relief eligibility), notary fees, real estate agent commissions, mortgage setup costs if you're financing, and potentially translator or legal support fees for foreign buyers.
We go deeper and try to understand what costs can be avoided or minimized (and how) in our Tuscany property pack.
You can also read our dedicated blog article to understand what you can at different budget levels in Tuscany.
What down payment is typical to buy in Tuscany in 2026?
As of January 2026, the typical down payment to buy an apartment in Tuscany ranges from 20% to 40% of the purchase price, which for a €200,000 apartment means €40,000 to €80,000 (approximately $42,000 to $83,000 or £34,000 to £68,000) depending on your residency status and income documentation.
Most Italian banks require a minimum down payment of 20% to 30% for residents with straightforward documentation, meaning they'll finance 70% to 80% of the property value through a mortgage.
For foreign buyers or non-residents, a recommended down payment of 30% to 40% is more realistic to secure mortgage approval, and with current mortgage rates around 3.7% in early 2026, a higher down payment also means significantly lower monthly payments.
You can also read our latest update about mortgage and interest rates in Italy.
We made this infographic to show you how property prices in Italy compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
Which neighborhoods are cheapest or priciest in Tuscany in 2026?
How much does the price per m² for apartments vary by neighborhood in Tuscany in 2026?
As of January 2026, the price per square meter for apartments in Tuscany ranges from roughly €1,500 in the most affordable inland areas to over €6,000 in Florence's historic center, which means the same apartment could cost four times as much depending on where you buy.
In the most affordable neighborhoods and provinces of Tuscany, such as parts of Arezzo, Pistoia, and inland Grosseto, apartment prices typically run between €1,500 and €2,000 per square meter (approximately $1,560 to $2,080 or £1,265 to £1,690).
In the most expensive neighborhoods like Florence Centro, Lucca's historic center, and premium coastal areas like Forte dei Marmi, prices range from €5,000 to €6,000 per square meter ($5,200 to $6,240) or even higher for exceptional properties.
By the way, we've written a blog article detailing what are the current best areas to invest in property in Tuscany.
What neighborhoods are best for first-time buyers on a budget in Tuscany in 2026?
As of January 2026, the top three neighborhoods best suited for first-time buyers on a budget in Tuscany are L'Isolotto in Florence, the city center of Arezzo, and parts of Pistoia's residential outskirts, all offering prices well below the Tuscany average.
In these budget-friendly Tuscany neighborhoods, typical apartment prices range from €100,000 to €180,000 (approximately $104,000 to $187,000 or £84,500 to £152,000) for a comfortable one or two-bedroom apartment.
These areas offer first-time buyers in Tuscany good public transport connections, local shops and restaurants, parks, and a more authentic Italian neighborhood feel compared to tourist-heavy historic centers.
The main trade-off of buying in these budget-friendly Tuscany neighborhoods is that you'll be farther from the famous landmarks and may have fewer English-speaking services nearby, which matters less if you plan to live there full-time.
Which neighborhoods have the fastest-rising apartment prices in Tuscany in 2026?
As of January 2026, the top three neighborhoods with the fastest-rising apartment prices in Tuscany are L'Isolotto in Florence, parts of Prato's expanding residential zones, and Lucca's peripheral neighborhoods that offer more space than the walled center.
These fast-appreciating Tuscany neighborhoods have seen estimated year-over-year price increases of 10% to 15%, with L'Isolotto specifically showing a 14.6% rise compared to November 2024 according to recent portal data.
The main driver behind the rapid price growth in these Tuscany neighborhoods is a combination of improved infrastructure, young professionals seeking affordable alternatives to city centers, and increased remote work making larger apartments in quieter areas more desirable.
You can also read our latest update about property price forecasts in Tuscany.
Don't lose money on your property in Tuscany
100% of people who have lost money there have spent less than 1 hour researching the market. We have reviewed everything there is to know. Grab our guide now.
What extra costs will I pay on top of the apartment price in Tuscany in 2026?
What are all the buyer closing costs when you buy an apartment in Tuscany?
The estimated total buyer closing cost for a typical €200,000 apartment purchase in Tuscany ranges from €20,000 to €50,000 (approximately $21,000 to $52,000 or £17,000 to £42,000), depending heavily on your tax status and whether you're buying from a private seller or developer.
The main categories of closing costs buyers must pay in Tuscany include purchase taxes (registration tax or VAT), notary fees, real estate agent commissions, mortgage costs if financing, and legal or translation services for foreign buyers.
The largest closing cost expense for buyers in Tuscany is typically the purchase taxes, which can be 2% of the cadastral value if you qualify for "prima casa" first-home relief, or 9% if you don't, or 10% VAT on new builds from developers.
Several closing costs in Tuscany are negotiable or variable, particularly real estate agent fees (which can range from 2% to 4% depending on the agency and your negotiating power) and notary fees (which vary by complexity and property value).
On average, how much are buyer closing costs as a percentage of the purchase price for an apartment in Tuscany?
The estimated typical percentage of the purchase price that buyers should budget for closing costs in Tuscany is 10% to 15% for resale apartments and 12% to 20% for new-build apartments from developers.
The realistic low-to-high percentage range that covers most standard transactions in Tuscany spans from about 10% (for buyers who qualify for first-home tax relief and negotiate good professional fees) to 25% (for second-home purchases with VAT-applicable new builds and full-service professional support).
We actually cover all these costs and strategies to minimize them in our pack about the real estate market in Tuscany.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Italy versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
What are the ongoing monthly and yearly costs of an apartment in Tuscany in 2026?
What are typical HOA fees in Tuscany right now?
In Tuscany, apartment buildings have "condominio" fees rather than HOA fees, and the typical monthly cost ranges from €50 to €200 (approximately $52 to $208 or £42 to £169) for most standard apartment buildings.
The realistic range of condominio fees in Tuscany spans from about €50 per month for basic buildings without an elevator or concierge to €350 or more per month ($365 or more) for buildings with central heating, a doorman, gardens, and extensive shared facilities.
What utilities should I budget monthly in Tuscany right now?
The estimated total monthly utility cost for a typical apartment in Tuscany is around €150 to €200 (approximately $156 to $208 or £127 to £169) for a one or two-person household.
The realistic range of monthly utility costs in Tuscany spans from about €120 per month for a small, energy-efficient apartment to €300 or more ($312 or more) for larger apartments with older heating systems during winter months.
The specific utilities included in a typical monthly budget in Tuscany are electricity, gas (for heating and cooking), water, garbage collection fees (TARI), and internet service.
Electricity and gas for heating tend to be the most expensive utilities for apartment owners in Tuscany, especially in winter when heating a poorly insulated older building can double or triple your energy costs.
How much is property tax on apartments in Tuscany?
The estimated typical annual property tax (IMU) for a second-home apartment in Tuscany is around €800 to €1,500 (approximately $832 to $1,560 or £676 to £1,267), though primary residences are usually exempt unless classified as luxury properties.
Property tax in Tuscany is calculated by applying the municipal IMU rate (which varies by comune) to the cadastral value of the property multiplied by a legal coefficient, not to the market price, which is why the actual tax bill is often lower than people expect.
The realistic range of annual property tax in Tuscany spans from €0 for a primary residence in a non-luxury category to €2,000 or more ($2,080 or more) for higher-value second homes, with Florence's published rate of 1.06% serving as a useful reference point.
If you want to go into more details, we also have a blog article detailing all the property taxes and fees in Tuscany.
What's the yearly building maintenance cost in Tuscany?
The estimated typical yearly building maintenance cost for apartment owners in Tuscany is around €1,000 to €2,000 (approximately $1,040 to $2,080 or £845 to £1,690), which translates to roughly 0.5% to 1% of the apartment's value.
The realistic range of yearly maintenance costs in Tuscany spans from about €500 per year for newer buildings with minimal issues to €3,000 or more ($3,120 or more) for older historic buildings that require ongoing restoration work or catch-up repairs on aging systems.
Expenses typically included in building maintenance costs in Tuscany cover roof repairs, elevator maintenance, facade restoration, stairwell upkeep, garden care, plumbing and electrical system updates, and contributions to the building's reserve fund for major works.
In Tuscany, routine building maintenance is usually included within your monthly condominio fees, while major extraordinary works (like roof replacement or facade restoration) are assessed separately through special assessments approved at building assemblies.
How much does home insurance cost in Tuscany?
The estimated typical annual home insurance cost for an apartment in Tuscany is around €200 to €400 (approximately $208 to $416 or £169 to £338) for a basic to mid-range policy covering common risks.
The realistic range of annual home insurance costs in Tuscany spans from about €150 per year for basic coverage on a small apartment to €600 or more ($624 or more) for comprehensive policies that include earthquake coverage, higher contents values, and coverage for older building risks.
Home insurance is generally not legally mandatory for apartment owners in Tuscany, but it becomes required if you take out a mortgage, as banks typically require at least fire and explosion coverage as a condition of lending.
Get fresh and reliable information about the market in Tuscany
Don't base significant investment decisions on outdated data. Get updated and accurate information with our guide.
What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our property pack about Tuscany, we always rely on the strongest methodology we can … and we don't throw out numbers at random.
We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why it's authoritative | How we used it |
|---|---|---|
| Agenzia delle Entrate (OMI) | Italy's official tax agency that collects and publishes real estate market data. | We used it as the official anchor for how Italy measures housing markets. We also sanity-checked private listing indexes against this framework. |
| ISTAT House Price Index | Italy's national statistics office publishes the official price index methodology. | We used it to describe price trends going into early 2026. We also quantified the new versus existing price movement gap. |
| Eurostat Housing Price Statistics | The EU's statistics authority standardizes housing price data across countries. | We used it to cross-check that Italian price trends sit within broader EU patterns. We used it as a second official reference. |
| Idealista Tuscany Price Report | A major property portal that publishes methodology-backed price series. | We used it for a Tuscany-wide price per square meter benchmark. We also used its province breakdown to show regional variation. |
| Idealista Florence City Data | Same methodology-driven portal series focused on the city level. | We used it to triangulate Florence's premium versus Tuscany overall. We cross-checked against Immobiliare.it data. |
| Immobiliare.it Tuscany Market | One of Italy's largest property marketplaces with consistent local market pages. | We used it to cross-check Tuscany's overall asking prices. We treated it as an asking price lens rather than final transaction prices. |
| Immobiliare.it Florence Market | Same major portal focused on the municipality of Florence. | We used it for an up-to-date Florence price anchor close to January 2026. We also used it for typical rent context. |
| Immobiliare.it Florence Centro | Provides neighborhood-specific price data with a stated reference month. | We used it to quantify how much more expensive Florence's center is. We used it as the price ceiling example. |
| Immobiliare.it L'Isolotto | Provides another neighborhood data point using the same method as Centro. | We used it as a more affordable Florence benchmark. We built realistic first-buyer examples using this data. |
| Consiglio Nazionale del Notariato | The national notaries' council explains property deed procedures and taxes. | We used it for the most practical explanation of Italian purchase taxes. We computed buyer closing cost ranges from it. |
| Agenzia delle Entrate Prima Casa | Official rules for reduced taxes when you qualify as first home in Italy. | We used it to separate two scenarios for foreigners: qualifying versus not qualifying. We avoided oversimplifying tax rates. |
| Agenzia delle Entrate VAT Rules | The official rule page for when VAT applies to property purchases. | We used it to explain why new apartment cost structure differs from resale. We built the new versus resale comparison from it. |
| Banca d'Italia Interest Rates | Italy's central bank is the most authoritative source for lending rate statistics. | We used it to anchor what mortgages cost in early 2026. We kept affordability estimates realistic with this data. |
| ARERA Electricity Prices | Italy's energy regulator publishes reference bill components. | We used it as a regulator-backed benchmark for electricity costs entering 2026. We avoided random utility estimates. |
| Comune di Firenze IMU Rates | The municipality's own published tax rates for IMU property tax. | We used it to illustrate a real IMU rate a buyer might face. We used it as an example since Tuscany rates vary by comune. |
| ISTAT Household Consumption | Official national statistics on how households spend including housing costs. | We used it as a reality check so monthly running cost budgets weren't fantasy. We kept utility and ongoing cost ranges plausible. |
| IVASS Insurance Data | Italy's insurance regulator publishes industry statistics and reports. | We anchored insurance sector reality on their publications. We converted to a cautious consumer budget range for apartment coverage. |
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Italy. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
Related blog posts