{"id":3446,"date":"2019-01-23T10:29:32","date_gmt":"2019-01-23T10:29:32","guid":{"rendered":"https:\/\/www.gate-away.com\/blog\/?p=3446"},"modified":"2021-05-03T16:12:17","modified_gmt":"2021-05-03T14:12:17","slug":"2019-predictions-will-happen-italy-property-market","status":"publish","type":"post","link":"https:\/\/www.gate-away.com\/blog\/2019-predictions-will-happen-italy-property-market\/","title":{"rendered":"Predictions for 2019: What Will Happen to Italy&#8217;s Property Market?"},"content":{"rendered":"\n<p>Haven&#8217;t you found your dream home for sale in Italy yet? Don&#8217;t panic, you are still in time to take advantage of the great opportunities that the Italian real estate market has to offer.<\/p>\n\n\n\n<p>Let\u2019s look at what to expect this year.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">1. Property prices forecast to stabilize in Italy<\/h2>\n\n\n\n<p>Average Europe property prices increased by around 4.3%.<\/p>\n\n\n\n<p>According to Eurostat <span class=\"_Tgc _s8w\">\u2212<\/span> the statistical office of the European Union <span class=\"_Tgc _s8w\">\u2212<\/span> the recovery in house prices is practically a widespread phenomenon in all EU countries. Slovenia (+ 15.01%), Holland (+ 10.2%) and Ireland (+ 9.1%) have the most significant increase in the third trimester of 2018 on annual basis; compared to the previous trimester the greater growth were registered in Holland (+3.3%), Malta (+3.1%) and Croatia (2.8%).<\/p>\n\n\n\n<p>What about Italy?<\/p>\n\n\n\n<p>In the last seven years many European countries are not only out of the real estate crisis, but they have registered also a great increase of house prices. In Italy the sales have raised, however the prices are still blocked.<br>The market is different, we find a recovery in many big cities, while the rest of the peninsula still struggles.<br>Prices have decreased of about 30-35% compared to the beginning of 2008, in a slow decline, while in many European countries, such as Spain or Ireland, a violent collapse in prices was followed by a substantial recovery.<\/p>\n\n\n\n<p>The latest update of ISTAT <span class=\"_Tgc _s8w\">\u2212<\/span> the national institute for statistics&nbsp;<span class=\"_Tgc _s8w\">\u2212<\/span> data for the third trimester of 2018 registered a <strong>decrease in the Italian house price index by 0.8%<\/strong> compared to the previous trimester and to the same period of 2017.<\/p>\n\n\n\n<p>But there are promising signals for a slow recovery in the imminent future: Milan have already registered a trend reversal, being the only one with a positive price variation. Other main cities will follow this trend in 2019.<\/p>\n\n\n\n<p><strong>Very convenient for those who want to buy a home in Italy<\/strong>, isn&#8217;t it? As a matter of fact many people are taking advantage of this very favourable moment. The demand for houses increases, both by those looking for a house to move in and by those searching for an investment, whether Italian or international buyers.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">2. Mortgage rates still very convenient<\/h2>\n\n\n\n<p>Achieving the dream of buying your ideal property in Italy has become even easier for the vast majority of those who <a href=\"https:\/\/www.gate-away.com\/blog\/meet-expert-getting-mortgage-buy-renovate-italy-property\/\"><strong>need a mortgage<\/strong><\/a> thanks to historically low interest rates. They will probably stay at the same level for a couple of years.<\/p>\n\n\n\n<p>This will definitely help those who need a loan.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">3. The hottest real estate markets to watch in 2019 in Italy<\/h2>\n\n\n\n<p>A question springs to mind then, where is it better investing in Italy in 2019?If you&#8217;re looking not just for a new home but a new town, we&#8217;ve got some ideas for you.<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li><a href=\"https:\/\/www.gate-away.com\/properties\/marche\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Le Marche<\/strong><\/a> &#8211; How about heading towards the <strong>Centre of the &#8216;boot-shaped&#8217; country<\/strong>? The region has been included by the Forbes in the list of the best places to retire abroad in 2019. It was <a href=\"https:\/\/www.gate-away.com\/blog\/le-marche-one-of-the-top-five-places-in-the-world-to-retire\/\">once again named among the best places<\/a> for a good retirement after a lifetime of work.<br>Known as \u201cItaly in one region\u201d, this wonderful area of the country has something for every taste: high mountains, long sandy beaches and charming villages.<\/li><li><strong>Golfo Paradiso<\/strong> \u2013 Liguria is not only Cinque Terre, you just need to continue along the coast to find Golfo Paradiso. Less known, but equally wonderful, this area of Liguria can offer a peaceful and still unspoilt corner to enjoy. Hidden gems like <a href=\"https:\/\/www.gate-away.com\/properties\/liguria\/genoa\/recco\" target=\"_blank\" rel=\"noreferrer noopener\">Recco<\/a> and <a href=\"https:\/\/www.gate-away.com\/properties\/liguria\/genoa\/camogli\" target=\"_blank\" rel=\"noreferrer noopener\">Camogli<\/a> are waiting to be discovered and local cuisine will enchant you with <em>trofie al pesto<\/em> and <em>focaccia sottile al formaggio<\/em>.<\/li><li><a href=\"https:\/\/www.gate-away.com\/properties\/basilicata\/matera\/matera\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Matera<\/strong><\/a> \u2013 as <a href=\"https:\/\/www.gate-away.com\/blog\/homes-in-matera-european-culture-capital\/\">European Capital of Culture in 2019<\/a>, it is the ideal place to find your perfect retreat if you haven\u2019t already found it. If so it is definitely a place to visit this year. Its breathtaking scenery will leave you speechless. Full of history and now also rich in events celebrating the award. <p style=\"text-align: justify\">Where are you heading for?<\/p><\/li><\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Haven&#8217;t you found your dream home for sale in Italy yet? Don&#8217;t panic, you are still &hellip; <a class=\"card__read-more\" href=\"https:\/\/www.gate-away.com\/blog\/2019-predictions-will-happen-italy-property-market\/\">Read More <span class=\"icon\"><br \/>\n    <svg aria-hidden=\"true\" focusable=\"false\">\n        <use xlink:href=\"https:\/\/www.gate-away.com\/blog\/wp-content\/themes\/gateaway\/dist\/icons\/icons.svg#assets--src--icons--arrow-right\"><\/use>\n    <\/svg><br \/>\n<\/span><br \/>\n<\/a><\/p>\n","protected":false},"author":1,"featured_media":4605,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[42,223],"tags":[148,155,283,139,135],"class_list":["post-3446","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buying-process","category-properties-in-italy","tag-basilicata","tag-buy-a-home-in-italy","tag-italian-property-market","tag-le-marche","tag-liguria"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Predictions for 2019: What Will Happen to Italy&#039;s Property Market?<\/title>\n<meta name=\"description\" content=\"Haven&#039;t you found your dream home for sale in Italy yet? 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