I'm Italian.
Everyone asks about underrated Italian villages to move to.
My Dad bought a house in one. Every weekend: €10 truffle pasta photos.
He's living the greatest lifestyle arbitrage opportunity in the world.
Here's his list of 4 Italian villages that are hidden gems:
My parents renovated an old house near their hometown.
Not Amalfi Coast. Not Tuscany. In the province of Frosinone (see pic).
I thought they'd lost their minds.
But then I realized I was missing something...
So I asked my Dad for his list of underrated locations across Italy:
1. Scilla & Chianalea, Calabria
€950/m². Not a typo.
Breathtaking fishing villages with mythological history.
Chianalea = "Little Venice of Calabria"
Beautiful colorful houses built into the cliffs overlooking the sea.
2. Bolsena, Lazio
€1,200/m² for lakefront houses.
1h30 to Rome.
Volcanic lake + medieval castle + renowned fish restaurants.
Gateway to Tuscia wine country.
3. Fossacesia, Abruzzo
€1,468/m².
Costa dei Trabocchi location with Blue Flag beaches.
Cycling paths through olive groves.
Strong seasonal rental potential nobody's tapping into yet.
4. Termoli, Molise
€1,879/m².
Medieval old town + sandy beaches + marina to Tremiti Islands.
Still completely off the radar.
I didn't even know much about it...
None of these are ghost towns.
They are all functioning communities with restaurants, culture, and a ton of history.
They just happen to be priced like it's still 1995.
A huge opportunity.
Here's why this works:
Currency arbitrage beats property arbitrage.
Earn USD/BTC → Spend EUR = 2-3x purchasing power.
Add Italy's €100k flat tax cap for foreign residents and you're looking at an optimal structure.
+ live longer eating the best food in the world...
Village economics are antifragile.
Cities depend on complex systems that break.
Villages depend on simple systems: food, shelter, relationships.
As global complexity increases, simple becomes valuable.
Would you choose any of these options?
P.S. I dove deeper into the 10 principles of lifestyle arbitrage in my recent Substack.
Plus 3 more hidden Italian gems that hit the sweet spot.
Read the full breakdown here and subscribe for a free Paths to European Citizenship in 2025 Guide:
palombo.substack.com/p/why-italian-…
Thank you for reading!
For more posts and insights on the future of global citizenship, follow @thealepalombo
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