Whether you are looking to buy Italian property for investment, retirement or for your family vacations now and then to live in later, this is a good time to explore the promising market of Italian real estate.
Virtually all experts see property prices rising in years to come, so now is the time to invest your money in property in Italy.
There are several reasons to invest in Italian real estate now.
First, if you envision selling it in some years, the higher prices then will be an obvious plus for you.
Or if you want to hold onto it (perhaps to move to when you retire), you can have an assured income, since rental property in Italy is in great demand.
As well, you may want to just try out the waters with a property that you will rent out now and perhaps sell later. Or if it is profitable enough, and your finances allow, you may buy a second property later. And who knows, maybe a third down the road.
For any of these reasons, the present prices of Italian property convince me that now is the time to invest in Italian real estate.
As for a retirement paradise, how can you beat Italy? You are probably familiar with the wonderful food, climate, people, outdoor activities and culture.
Some people I meet want a retirement house now, and some want to buy now, so it's waiting for them later.
If you will move later, buy that Italian home now and rent it out. One approach is to rent it out to other holiday makers, whether the property is urban or rural. Especially in the cities, rental properties are in high demand.
Surprisingly, you may even be able to attract offices to rent your house. With limited, expensive central city space, more companies are renting homes for office use. If you do this, you will most likely find a renter who will stay with you for some years who will certainly maintain the property at a high level.
But whether you rent to private tenants or to a company, this will provide a steady, good income until your retirement day comes.
Now how about buying an Italian property for your vacations?
Well, sir, you might ask, isn't that going to be a rather expensive vacation?
Not if you follow the advice earlier in this article.
First just consider that Italy is a vacationer's paradise. Not only for you but for a lot of people.
Many tourists still opt for the traditional vacation places like Rome, Venice, major beaches, etc. and staying at a resort or a nice hotel.
But the scene is changing and formerly out of the way places are becoming hot spots. So if you buy an Italian home, or a piece of Italian real estate now, you can be sitting on a vacation gold mine.
Consider these facts:
Italy is investing billions of Euros to build up the infrastructure in south Italy. This will make prices go up eventually, but you can buy now, since the build-up will make that area more accessible for tourists.
More bargain airlines are flying more frequently to more places in south Italy that were formerly way out of the way.
And the Italian railway system is undergoing an extensive modernisation, making it more efficient.
So, look around a bit in Italy. Get some good advice from reliable estate agents and others who know the local scene.
Plan well and act as soon as you can. I don't think you'll regret it.
About the Author:
Annalisa Angellotti is a staff writer for Gate-Away, a company that provides property and real estate listings in all parts of Italy. If you are looking for property in Italy then be sure to visit http://www.gate-away.com for some great deals on Italian real estate.
Author: Annalisa Angellotti
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