Italian property is attracting increasing numbers of international investors. It offers comparatively low prices for stunning properties and locations and today the Italian property market is widely regarded as strong with excellent growth potential.
Italy welcomes some 21 million visitors each year and since EU integration, it has transformed into a booming property destination for investors wishing to purchase enchanting property within a healthy tourist economy.
Flying to Italy has never been easier due to budget airline competition, so wherever your investment, your property should be easily accessible. The country’s sound transport infrastructure and modern systems make it a natural option for shrewd investors seeking a solid market with growth rates of up to 25% in some areas.
As a rule of thumb, property prices are lower the further south you go, while an interesting mini emerging market of hidden investment hotspots is currently spawning around areas such as Calabria. Northern Italy boasts pricier locations near ski resorts in the Alps, while buy-to-lets in this region are ever popular. Meanwhile city pied-à-terres such as Rome, Turin, Milan, Venice and Florence are great centres on which to base your carefully selected investment in cultural tourism. Real estate in Italy offers a wide spectrum of property types, whether you seek a country residence with land, a city or holiday resort apartment, or even a townhouse or villa on an off-plan development.
With no capital gains tax due on Italian property, high capital growth and a strong tourist market, many investors are discovering that Italy provides a healthy arena in which to employ their particular investment strategies.