2014 officially closed with a growth in real estate sales by 1.6%. Also the disbursement of mortgages is improving, with an increase by 9.2% if compared to the previous year. Turnaround for the housing market in Italy, which is coming back after 7 years of declines: according to ISTAT, 2014 closed with an increase by 1.6% on 2013 and a total of 594,431 sales. The increase covers all geographical areas...
Italy, a country that you should be looking to invest in! Why? Mention Italy to some people and they all they know about is what the press is telling them about Italy, they often have a perception of a country that has nothing to offer an investor. How wrong they are! Now is the time to invest in Italy, especially if you have the finances for acquisition. Italy has the innovation and technology and now is...
The Rent to Buy "magic formula" allows you to live in a property immediately, as if it were for rent, but the fee will be considered as a down payment on the purchase price. The “Rent to buy” contract allows people to buy a house in a moment of difficulty in obtaining mortgages; at the same time constructors and private owners will have more possibilities to sell unsold properties. As a matter of...
The American dollar is now hitting new 12 year highs. This has been the fastest rise in 40 years. The major currencies of the world continue to sink against the United States dollar (USD) and the exchange rate with Euro is currently 1,088. A stronger dollar will encourage Americans to spend more money abroad in travel and in overseas purchases. It will also promote more investment by individual Americans...
The wine industry is a business on the rise, combining the latest technologies with tradition. Investing in wine producing farms, means entering into a world rather than simply a business: rural culture, tradition and quality match altogether, incorporating modern techniques in order to be always updated about new trends a requirements from the purchasing market. Properties related to the production of...
There are so many reasons that make now a great time to invest in Italian properties. The first one is that the real estate market in Italy seems to be stabilizing and 2014's statistics show the first indicators of recovery since the economic crash. In fact, a recent report by PwC and the Urban Land Institute suggests that Italy can offer some of the best property opportunities in Europe. At the moment it...
Confidence in Euro Zone Is Prompting Bets on Weaker Markets Foreign investors are showing a growing appetite for Italian commercial real estate, a sign that the gradual improvement of the European economy is being felt in some of the Continent’s weaker property markets. From January through early October, the volume of Italian cross-border transactions totaled €2.75 billion ($3.71 billion), or about...
One spring afternoon in the early 1980s Giancarlo Dall’Ara, an Italian hotel marketing consultant, was wandering the streets of a tiny village near Maranzanis, in Friuli, a rural mountainous region in the northeast corner of Italy. There was an eerie, dreamlike feeling to the remote town. Many of its two dozen or so houses had been destroyed by a devastating earthquake that shook the region in...
Great news if you plan to buy a luxury property in Italy! The pound recently hit 1.2258 against the euro, its highest since January 10th 2013 or 14 months, making Italian property much more affordable. For instance, last March 12th sterling was as low as 1.1403 versus the common currency. Therefore, it’s since climbed +7.5% or 8 cents. To put this into context for you, a £250,000 transfer to Italy to...
