You can also use my web site to look at homes free.
Long Realty Company
Tucon - Oro Valley Arizona
I personally have 3 vacation home rentals. I have been very happy with their performance. You are welcome to view these homes at:
Club Wolff West
Blue Wolff Resort
Your plan is a good one and I have the proof that it can work.
John Lynch RE/MAX firstname.lastname@example.org
The Sonoran desert is a very special place and Tucson, equally as special within it
With the strength of the Euro vs. the Dollar right now it's a great time for people to take advantage and buy property in the US. As Marian mentioned, there are additional expenses to property ownership/rental that should be taken into account before purchasing property.
Buying a property and then renting is a completely feasible idea and as Anne mentioned, there is an abundance of properties in that price range that might suit your needs.
If you would like a relocation packet with housing information feel free to contact me. Also if possible I would recommend a visit to Tucson to check out the town and get a feel for what sort of house you would be interested in purchasing.
p.s. I was just in Italy last year and had a blast!
Purchasing property in the US can be a good thing. However, we have many clients from Europe and most are taken back when they fully understand all of the expenses. For example, a lot of European's do not realize that we pay annual property taxes. In Tucson use 1% of the assessed value. This would be about $3,000 a year. I just just giving you an example and the tax rate depending on county may be more or a little less (not much less possible). Then you have management fees, insurance, etc. I have a member of my team that all he does is through this information for our clients. Finding the right local agent and the right property is the easier part. Making sure you fully understand the numbers is the first priority.
Contact us at email@example.com
The Schaffer Realty Group
Also, Altos Research can help with more reliable trending of data at altosresearch.com.
Renting it would be very feasible. I could recommend an agent in Tucson who could give you current rents in the area and help you pinpoint a location to purchase.