An American couple who left New York City in 2019 purchased a modest home in Italy's Abruzzo region for 11,500 euros (approximately ₹12.4 lakh) in cash, marking a significant lifestyle change. The couple, both raised in the United States, shared their story in an essay published by CNBC Make It, highlighting their transition from city life to a small Italian town, according to livemint.com.
The couple recounted how they initially moved out of New York City seeking a different pace of life. After exploring options, they settled on a small town in Abruzzo, Italy, where they found an affordable home that suited their new lifestyle goals. The purchase was made entirely in cash, underscoring their commitment to a fresh start away from the urban environment. Their story was detailed in an essay published on June 27 by CNBC Make It and reported by livemint.com.
This move illustrates a growing trend of Americans relocating abroad for affordable living and quality of life improvements. Italy’s Abruzzo region, known for its scenic beauty and lower property prices compared to major cities, has attracted expatriates seeking alternatives to expensive urban centers like New York. The couple’s experience adds to a broader narrative of lifestyle migration, where financial considerations and personal well-being drive relocation decisions.
The couple’s decision to buy a home for 11,500 euros in cash and settle in Abruzzo was shared publicly on June 27 through CNBC Make It, as cited by livemint.com. Their story provides a concrete example of how international real estate markets can offer opportunities for those seeking change beyond their home countries.