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The Secret Italy: Discover Where Real Property Bargains are Still PossibleItaly, with all its beauties and touristic areas, is renown to be a prestigious property marketplace and all VIPs owning a property there are just a further proof of its value. However, as most of its lovers know very well, Italy is a basket plentiful of varieties; various landscapes, different cultures and dialects, food and cuisines. This is also reflected on its property market, with areas where property value can reach €28,000 per square metre, as in Piazza di Spagna in Rome, and other areas where prices are well far away from those figures... Torneo dei Rioni – A Journey Back in TimeThe historical parade of Frederick II and the Tournament of the Oria’s Contrade represent the only medieval remembrance of the Frederick’s era that takes place nowadays in Italy. It finds its origins from the announcement that Frederick II wanted to release in 1225 during a period of residence in Oria, Puglia, while waiting for Isabella of Brienne, daughter of Giovanni, King of Jerusalem, whom he would marry in November of the same year...Upward Trend for the Italian Property MarketNew positive signals from the Italian real estate sector. According to the statistical bulletin of the Bank of Italy, the sale of homes continues to grow more than positive. Living in a non-conventional home in Italy? Yes you can!The trend has been up for some time now. The appeal of living in a particular property of historical interest is attracting ever more people who want to feel the thrill of owning such a place and, to be frank, there''s not a better place than Italy to find this type of home. According to a late study of the Italian Land Registry Office, the buildings marked for non residential use, in which are included buildings of worship, fortresses, train stations, lighthouses, even bridges and level crossing houses, are more than sixty thousands. On top of these we have to add ancient palaces, castles, mills, watchtowers, etc. so it is quite clear that Italy is plenty of non-conventional homes throughout its territory, this sums up a load of charm to the Italian property market.Colleen's ItalySummer has arrived but brings worries with Sox and Mitz.After a cool and wet spring, summer has come to Le Marche and it is wonderfully hot. My neighbours, who have their shutters closed most of the time, probably think I am mad, but I like to have my shutters and all my windows wide open; light is very important to me and the quality of light here is excellent. My cats were going stir crazy all winter as they have no outside space apart from my terrace which leads out from a bedroom and gives access to the roof, which is very high. In the cold months the door to the terrace is kept closed, but is open for most of the day in good weather.... Show all news |
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In this period of economic turbulences people do not rely on financial investments any more and are
diverting their savings on much more reliable and stable investments such as properties. Within the world's property market there is Italy that stands out. Buy property in Italy is nowadays considered as one of the safest and most stable investments since Italian homes for sale not only have not been affected as much as in all the other main countries by the latest crisis, but have always had a steady growth, giving to its investors a good yields of income without any type of risk, this is also what makes buying property Italy so unique.
The potential of the Italian property market is huge as it offers well known and tested areas and at the same time it is also plenty of beautiful areas and regions that still need to be discovered by foreign buyers. The best known area of Italy is Tuscany, where foreign buyers started buying old farmhouses in its country side and restored them, especially in a specific area between the provinces of the wonderful cities of Pisa, Siena and Florence called Chianti and made famous worldwide by British and American buyers with the name of Chiantishire. This operation brought back to life a stunning country side that was left half empty by farmers who had moved to the main cities, but also created a trend that is still replicated in other areas of Italy that are becoming as much popular among foreign property buyers for their beauties such as Umbria and Le Marche.
As most people know Italy is one of the world's most visited countries, thanks to its endless list of beauties to see and to experience. Italy hosts two thirds of the historical and artistic heritage sites of the whole world, and Tuscany alone has more UNESCO world's heritage sites than the whole of Spain, which ranks second in the list of countries per number of heritage sites. This of course attracts visitors by millions every year and makes also Italy real estate for sale very attractive too to property investors. In fact many sales of property in Italy are in tourist areas and rented out to pay the mortgage or to pay off the the investment made. In fact many of the estate agents in Italy after taking the buyers through all the purchase process to the final sale, look after the renting of the property in the period in which it is not used by the owners.
Another trend that is becoming ever more popular is to buy old farmhouses, restore them and then open a B&B. This trend has increased in popularity, especially in the northern Europe countries, as there have been also reality shows in Belgium, Netherlands and Denmark featuring a group of people undertaking a big restoration project in a small village on the hills of Le Marche and converting the big property in a running B&B. The winners would win the management of the B&B.