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Why Invest in Italy
|Development by Region|
|Italian Property News, Property Investment in Italy
Italian property offers real estate purchasers excellent property investment opportunities in some highly sought after locations. Dubbed, the connoisseur’s alternative to Spain,
|property in Italy allows purchasers the opportunity to enjoy endless beautiful scenery, history and culture, while retaining an essential cachet of sheer exclusivity. Property purchasers are attracted by the lack of mass property development in Italy, while smaller developments, existing re-sales and rural renovations form the bulk of the Italian property market.Italy is fast becoming an alternative to|
|Spain, France or Portugal and as a result, the Italian property market is entering a growth period.
Sandy beaches, Alpine landscapes, lakes, lush vegetation and a generally Mediterranean climate are added attractions, maintaining Italy’s firm position on the discerning tourist’s map. Furthermore, many budget airlines connect to Italy’s fifteen airports, opening up new property markets to investors and maximising buy-to-let options in key locations.
Over the past ten years, property values in Italy have risen steadily in much-loved areas such as Tuscany, where capital growth has been around 10%. Meanwhile, in the southern Italy, near Reggio di Calabria, lesser known secrets are beginning to emerge as highly profitable alternative options where high annual growth figures are attracting many a shrewd property investor.
Prices for property in Italy can vary from £30,000 / 58,000 for a small property in need of extensive development to £35,000 / 150,000 for an apartment, and £50,000 / 250,000 for a rural home.
Holiday homes and buy-to-let investments remain hot property options in Italy, while the demand for property in the major resorts of Italy has sent property prices through the roof in some areas. Meanwhile, many property purchasers today seek more rural, scenic and better priced properties. Chosen in suitable locations with easy access and amenities, these properties are gaining increasing popularity and are set to achieve equally high returns on investment in the very near future.
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