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Investment in real estate italy
1. Investment in real estate in Italy is one of the main features of financial
activity. Investors in Italy have traditionally operated in the real estate
market. An surprisingly large share of the people owns their own homes,
and many purchase second homes for holidays. In addition, many
foreigners purchase real estate in Italy because of the attractive living
conditions and because Italy is an icon of quality lifestyle in the world. In
fact there are large number of foreigners living in Forte dei Marmi,
Pietrasanta (Tuscany), Umbria, the lake areas of northern Italy like Como,
etc. The value of real estate in Italy has given great satisfaction to investors
as a result of the steady and often rapid increase in values. In recent years,
the increases in values have been well ahead of rises in the cost of living. It
may be expected that real estate values will continue to rise because of the
strong underlying demand, both from domestic as well as external sources.
Obviously, for the purpose of investing in real estate there are various
factors to be considered: in particular, location is important. Some
locations as Rome, Florence, Milan, Forte dei Marmi, Como are the most
profitable for investment purposes. In fact it is more advisable to purchase
a relatively expensive property in a good location, rather than a cheaper
2. property in a less attractive area. There will always be a market for
showpiece properties and because of the dwindling availability of such
properties, their prices will continue to advance sharply. Another factor to
be taken into account for the purpose of investing in real estate is the
potential that the property might have for resale. www.fdmre.com