Discover the charm of living in the Vistamar residential complex in Sanremo, Italy by the beautiful Mediterranean Sea. This article will introduce you to the amazing residential complex in the delightful town of Sanremo, Italy. Our goal is not only to help you get the apartment of your dreams in one of Italy’s top places to live but also to assist you with obtaining an Italian residency permit.
Vistamar residential complex in Sanremo, Italy
Immerse yourself in the beauty of the Mediterranean Sea and feel completely safe by investing in the Vistamar residences. The amazing Vistamar residential complex is located in the eastern part of Sanremo, one of the most famous cities in Italy. It offers a variety of exclusive apartments for you to choose from. The design of the complex is modern and carefully planned to create a wonderful living experience.
The Vistamar residential complex uses advanced construction technologies to ensure top-notch safety and energy efficiency, which means you’ll save money on utilities. The apartments blend perfectly with the natural surroundings and have large windows that offer breathtaking views of the stunning Ligurian Sea. It’s a treat for your eyes!
- Surroundings: Explore the famous Sanremo Bay, known for its pleasant weather that has attracted European nobility for centuries. Today, the area is not only filled with historic buildings but also offers beautiful gardens and spacious beaches. Immerse yourself in the lively city center, where you’ll find a vibrant atmosphere with plenty of restaurants, clubs, and shops. Just a short distance from the Vistamar residential complex, residents can enjoy the stunning waterfront promenade, offering incredible views of the Mediterranean Sea. Easy access to the nearby highway allows for convenient travel from the Vistamar residential complex to nearby cities. The adjacent Riviera dei Fiori coastal park features an impressive 24-kilometer-long bike lane, one of the longest in Europe. Vistamar residents can easily access the bike lane, promenade, and beach using a convenient underground pedestrian crossing.
- Exterior: The apartments in the Vistamar residential complex are housed in a 4-story building with basement garages. The building has a flat roof adorned with charming hanging gardens. A spacious penthouse with a fantastic panoramic pool is a part of the Vistamar residential complex. It will offer you a unique experience of swimming in the warm and crystal-clear water and you will feel as if you are between the sea and the sky. The pool area is surrounded by a sunbathing space finished with teak wood and stainless steel, which adds to the attractiveness of the penthouse. The Vistamar residential complex utilizes high-quality materials from well-known companies, ensuring both visual appeal and a high level of comfort in terms of temperature and noise protection.
- Interior: Step inside the Vistamar apartments and admire the refined cream-colored marble that enhances the interior atmosphere. The bathrooms feature exquisite fittings, towel warmers, and accessories made by prestigious companies, combining exceptional quality with innovative designs. Enjoy the beauty of the marble floors and walls in the bathrooms, which look stunning when they come into contact with water. The sleeping areas in the Vistamar residential complex are adorned with elegant white oak parquet flooring, creating a sophisticated and stylish ambiance. Natural light fills the living spaces through aluminum alloy window frames, creating a warm and welcoming environment. The residential units are equipped with motorized awnings, sunshades, a video intercom system, and satellite TV. Infrastructure is available to accommodate laundry facilities and a kitchen. The heating system utilizes an energy-efficient heat pump, reducing operational costs and minimizing the environmental impact of the Vistamar residential complex. Each room’s temperature can be easily adjusted according to individual preferences. During hot periods, ultra-quiet fan coil units in the suspended ceilings provide efficient room cooling, balancing aesthetics and functionality.
- The Riviera: The beautiful coastline of the Ligurian Sea, stretching from Cannes to La Spezia, combines the lively ocean with a calm atmosphere enriched by the cultural heritage of cities like Sanremo in Italy. The mild climate allows Riviera residents to enjoy outdoor sports activities all year long. Whether it’s playing golf, tennis, riding horses, sailing, hiking, or cycling, plenty of options are available for recreation. The Riviera is famous for hosting prestigious events like the Italian Song Festival, the Lemon Festival in Menton, and the historic Monaco Grand Prix. Sanremo’s location near the French border in Italy makes it easy for the residents and guests of the Vistamar residential complex to explore historical villas, museums, and attractions, including the stunning botanical garden at Hanbury Villa in Ventimiglia and the largest aquarium in Europe in Genoa.
- Developer: Residential and commercial development requires a lot of technical knowledge and a good sense of design. The Marzocco Group, with its long history, has been involved in Vistamar complex construction. This company combines practical experience with a passion for exploring the aesthetics of Monégasque architecture. Established in the early 1980s in the Principality of Monaco, the Marzocco Group is well-known for developing prestigious real estate in Monaco and restoring important buildings for both private clients and public organizations. Drawing on its extensive experience in Italy and France, the company continues to construct impressive buildings along the Riviera.
Explore an exciting opportunity provided by our partner. You are welcome to purchase an exquisite top-floor apartment with a spacious living room, a modern open kitchen, 3 bedrooms, a double garage (measuring 32 square meters), and direct access to the sea in the Vistamar residential complex. The real standout feature of this apartment is the huge terrace, spanning 153 square meters, that offers breathtaking panoramic views of the Mediterranean Sea and the city.
Potential buyers have the chance to explore a range of other properties within the prestigious Vistamar residential complex in Sanremo in Italy. Whether you’re looking for a cozy 1-bedroom apartment or a luxurious penthouse, there are plenty of options to choose from that will suit your specific needs, preferences, and budget.
Are you interested in buying property in Sanremo or anywhere else in Italy with no extra fees, long waits, or unexpected issues? Are you also considering real estate markets in other European countries? Maybe you’re curious about properties outside of Europe? The International Wealth team of experts is here to help you find a great property to your taste and make the buying process easy and quick. Contact International Wealth now to take advantage of the free consultation opportunity we offer!
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Sanremo real estate market: sales and rentals
In June 2023, asking prices in Sanremo, Italy made EUR 2,988 per square meter on average for residential properties on sale. This is a 12% increase compared to the prices back in June 2022, which averaged EUR 2,661 per square meter. These numbers were gathered from 1,020 property listings on wikicasa.it.
During that same period, the La Brezza area (Tre Ponti) had the highest average asking price for residential properties, reaching EUR 4,095 per square meter. On the other hand, the Ospedale, Borgo, Baragallo area had the lowest average asking price, with properties listed at an average of EUR 1,973 per square meter.
|District name in Italian||Sale, EUR/ m²||Rental, EUR/m²|
|Centro Storico, Teatro Ariston||2,175||—|
|Coldirodi, San Romolo, Borello||2,122||—|
|Corso degli Inglesi, San Bartolomeo||3,133||13.86|
|La Brezza, Tre Ponti||4,095||—|
|Ospedale, Borgo, Baragallo||1,973||—|
|San Martino, Villetta||3,078||11.41|
|San Siro, Casinò||3,255||—|
During that month, the Corso dei Inglesi district (San Bartolomeo) had the highest average asking rental price of EUR 13.86 per square meter per month. In contrast, the Foce district (Semeria) had the lowest average price, with rentals averaging EUR 9.18 per square meter per month.
Monthly dynamics of average sale prices in EUR per square meter. Source: wikicasa.it
Monthly dynamics of average rental prices in EUR per square meter. Source: wikicasa.it
Italian residence permits for buyers of Sanremo real estate (via direct real estate purchase or company setup)
In 2023, changes to the rules for the Italian Investor Visa (Golden Visa) are expected. The government is considering a proposal that would allow investors to get residency cards by buying property. The proposal suggests different investment amounts depending on the property location:
- For property purchases in major cities, the minimum investment would be EUR 1.5 million.
- For real estate in provincial capitals and municipalities with a population of at least 25,000, the minimum investment would be EUR 1 million.
- For property purchases in municipalities with a population of up to 25,000, the minimum investment would be EUR 750,000.
Even if these changes don’t go through, people can still obtain residency by starting a company in Italy. You can use the money invested in the company in various ways, like buying property in Sanremo.
Furthermore, the investment threshold for obtaining residency through property purchase, capitalization, or company setup may be lowered. The current threshold of EUR 500,000 may be reduced to EUR 400,000.
Assistance with property selection and purchase in Italy
Do you need help finding properties to buy or rent in Sanremo or other parts of Italy? Any questions about moving to Italy and getting immigration benefits through investments? Thinking about starting a business in Italy, opening a bank account, or exploring business immigration options? The International Wealth team of experts is here to support you! Contact us for a free online consultation to get all the information you need.
To schedule a personal consultation, don’t hesitate to contact us. It is truly easy, simply call any of the phone numbers above, or email us at the International Wealth corporate email address.
Can foreigners purchase or rent property in Sanremo?
They have such an opportunity. Foreigners are allowed to buy or rent property in Sanremo, Italy without any restrictions as to their nationality.
Which nationalities are the most common property buyers in Sanremo?
Italians are known to be the main buyers in the local market, but there are also buyers from various European countries like Scandinavia, France, Germany, and the UK. Occasionally, buyers from the United States, Canada, and the Middle East invest in Sanremo properties in Italy.
How much will it cost me to buy or rent a traditional Italian villa in Sanremo?
Depending on the villa’s architecture, size, and location, it may cost you around EUR 1 million or more to buy a high-quality villa in Sanremo, Italy. With this budget, you can find a beautiful villa with a pool and stunning views. Renting a villa can be challenging due to limited availability. With this supply shortage, you may discover wonderful investment opportunities. FYI: If you plan to rent out your villa or purchase one as an investment property, the demand in Sanremo is high.
How much does it cost to buy or rent a 2-bedroom apartment in Sanremo?
To purchase a high-quality 2-bedroom apartment with a nice location, terrace or garden, and a view of the sea, expect to pay at least EUR 350,000 or more. Renting such an apartment would cost around EUR 1,300 to EUR 1,500 per month.
May property owners in Sanremo rent out their properties?
Absolutely. No legal restrictions apply here. You may rent out your property for short or long periods and earn a good income from it. Sanremo hosts many events throughout the year, ensuring consistent rental demand without a specific peak tourist season. You can expect an annual rental income of 8% to 16%.
Why is Sanremo a great place to live in Italy?
Sanremo boasts a fantastic location, not only in Italy but also in the heart of Europe. It enjoys a unique climate with mild winters and fall seasons. The quality of life in Sanremo, Italy is very high, allowing for a comfortable year-round lifestyle. The city hosts various cultural and sports events, making it an entertainment hub in this part of Italy. What is more, Sanremo is home to the main regional hospital, and Italy’s healthcare system is highly regarded. The transportation infrastructure is well-developed, and you can reach the international airport in Nice in less than an hour.
How much money will I need to live comfortably in Sanremo?
This varies with each person depending on their individual needs and expenses. It’s difficult to give an exact amount as everyone has different requirements. However, prices in Sanremo, Italy are significantly lower than in other parts of the Riviera. This means you can enjoy life in Italy without spending too much if you live here.