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Saving Towns by Filling Rooms in Italy

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...

Strong Pound versus Euro makes Italian property more affordable

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...

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