Are expensive houses abroad a good long-term investment?

Investing in Expensive houses abroad can certainly be a lucrative long-term move, especially if you choose a region that’s popular with tourists or high-net-worth individuals. I invested in a luxury home in Tuscany, and it has turned out to be a great asset. The rental income is quite high, particularly during peak tourist seasons, and the property’s location in a well-known wine region means it consistently attracts well-paying guests. However, there are important considerations. Maintenance costs are significantly higher compared to more modest properties—think about pool upkeep, garden landscaping, and premium property management services. These additional expenses can add up, but they are crucial for maintaining the property’s value and ensuring it meets the expectations of high-end tenants. Another factor to consider is local tourism trends. Tuscany, for instance, has a steady flow of tourists almost year-round, which has helped keep occupancy rates high. Partnering with a professional management company also plays a key role in making sure guests are satisfied, thus securing repeat bookings. In general, expensive properties do come with higher risks and costs, but the rental yields and long-term appreciation often make them a worthy investment if you can manage the commitment effectively.