Residential Lettings & Property Management
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Italy offering buy-to-let promisePublished on: 30/01/2008 Overseas property investors thinking of purchasing buy-to-let property in Italy should look to the tourist areas, property sales service Homes in Italy has advised. Director Mark Slaviero described the market as "very good" but "seasonal", with lets tending to be for 15 weeks at a time, either in summer or winter. He said the most established markets were in popular areas such as Tuscany, the lakes and Sardinia, while there were reasonable prices but not such an established market in locations such as Emilio Romagna and Calabria. Mr Slaviero's main recommendation was Puglia, explaining that this was "because property is reasonable there and is up-and-coming, but it features in a lot of magazines and articles and lots of people are starting to go on holiday in Puglia as well". Calabria would be a good long-term investment, he stated. The most recent figures available from the Global Property Guide revealed that the Italian property market grew by 5.6 per cent in 2007. Source: http://news.hotproperty.co.uk |
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