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Purchase process
Our New Second Home in Le Marche After a 2500 km journey by car from our home in Stockholm, Sweden we arrive to Ripatransone, a small village with a little more than 4000 people, on a mountain top at 15 km from the coast of south Le Marche. In this lovely village we have just bought our beautiful apartment...Abruzzo, The Property Market after the Earthquake Abruzzo property market was performing well in the first months of 2009 as its popularity within buyers from abroad was increasing at a faster rate compared to other Italian regions, but then the earthquake drastically changed everything, bringing to the region a level of uncertainty making very hard to overcome the already tough crisis.However, the biggest damage done to Abruzzo economy (and to its property market) has not been caused by the earthquake itself, but by what we could call the “collateral damages” caused mainly by the media coverage this dramatic event had in that period... If I could be born again I’d like to be born in Italy….Editorial Competition Winner!! Once a Ruin, Now a Nice Italian Farmhouse - Talking About RestorationAfter months of searching you finally found a nice house; it’s in a perfect location and it has a panoramic view over the surrounding landscape of the Centre of Italy! Just what you were looking for ! And what’s more, the building has plenty of potential and a masonry of old bricks or natural stones, it’s really just perfect ! But….. it needs to be restored !Moving to Italy, How to Make Your New Life EasierStarting a new life In Italy is a thrilling opportunity but also one that requires courage and dedication. Thinking life will be one long holiday is an usual mistake. You''ll need to prepare yourself for the physical, psychological and financial factors of moving, and the first step is to get out of holiday mode. The main obstacles that you have to face are the likes of loneliness, language barriers, making friends and dealing with the fact that you are always going to be a foreigner in a foreign land. However, none of these obstacles are ones that you cannot overcome. This article shows you how to find that courage and commitment to enable you to get the very most out of your brand new life...Best Italian Regions for Property RestorationOne of the activities that interest the most who buys a property in Italy is restoration. Of course the restoration project can vary a lot according to the area in which the restoration is undertaken. Not only because of the many differences in the regulation of each Italian region (such as the “Piano Casa”, so much discussed nowadays), but there are also big differences in landscape, services, architecture and, last but definitely not least, price. Here we have selected 6 regions which stands out for restoration opportunities...Property in Italy, An Update on “Piano Casa”Some months ago we covered the details of the much discussed Berlusconi''s “Piano Casa”, which allows property owners to expand the volume of their homes by 20% or even 30% in case of complete reconstruction of the property and up to 35% if the property is rebuilt using eco-friendly materials. Italy Government''s plan has to be discussed, agreed and implemented by each Italian region which will adapt and change the regulation according to its needs. This means that even though the Government regulation is quite clear, whoever wants to use the plan and increase the home size has to verify the regulations adopted by the region where the property is located. Of course not all regions are running at the same pace throughout Italy, some are already in the execution phase where the permission requests for property expansion can be handed to the authorities, other regions have already approved the plan but are waiting for municipalities to hand their deliberations, and other regions still have to approve the plan....Where Foreign Investors are Buying Properties in ItalyA new study conducted by the Gate-away.com intelligence department has revealed where and what foreign buyers are willing to invest on in Italy by comparing the data collected from the enquiries received so far in 2009 .The report has highlighted that the interest of foreign buyers is still mainly for the most popular regions of Italy but that also less known regions are becoming ever more popular, attracting interest of overseas investors. Tuscany is still the most wanted region with the 19.52% of the enquiries, followed by Le Marche (12.85%) and Liguria (11.12%). In a range between 6.35% and 6.95% there are Apulia, Abruzzo, Calabria, Lombardy and Piedmont. Sardinia and Umbria rank 9 and 10 with 5.76% and 4.49% respectively. Italian homes for sale – What to expect from now to 2012The latest forecasts on the Italian property market trends come from the IV report Ancab Cresme on the market of homes in Italy, showing a complex trend of crisis-recovery-slowdown for the period 2009-2012. The study gives a negative forecast for all 2009 when, according to data, by the end of the year will be sold 695,000 properties against 1 million and 44 thousands homes sold in 2007, getting very close to 1997 when the number of properties sold were 665,000. Another negative sign is represented by the property price which will decrease by 9%. This decrease, according to the report, is mainly given by the strong slow down in demand for properties by families and the difficulties experienced in selling the house to buy another one....Italian Second Home Market HoldsThe market of the second homes in Italy is standing the crisis and the value of properties in the tourist market has been growing for the last five years, despite a slight increase of the number of properties poured into the market (+ 4.2%) and a decrease of the number of sales (-10.8%) which reflects the whole Italian property situation. In the second half of 2008, according to the Italian real estate association FIAIP, the values per square metre of the properties on the second home market swung between €2,580 and €6,210, and the number of homes for sale increased by 4.2% against a 10% decrease of the number of sales... |
