Download our new 2015 buying guide to Italy

Friday, July 24, 2015

Download our new 2015 buying guide to Italy

Stylish, hopelessly romantic and oozing with history, Italy remains one of our favourite locations, although it is never likely to be a mass-market one, much to the relief of many Italians. But the British are still very much in love with those rolling Tuscan landscapes, the heart-stopping medieval hill-top towns, the wonderful palazzos of the cities and the locals that manage to be both remarkably insouciant and fiercely passionate at the same time.

For property buyers, an abundance of cheap property to renovate has been a big draw: you cannot only come to see the Renaissance beauty, but live in it too. The appetite for renovation was killed o during the global downturn but in 2015 it came back, according to agents, with build costs competitive and plenty of "projects" available in most regions.

What's more, those areas that had become pricey - especially central Tuscany, Umbria and the Lakes - have suered chunky price falls (price falls have generally been around 25-30 per cent although some up to 50 per cent) so an Italian home has never been so affordable for some time - especially when buyers are looking to capitalise on the weak euro. In the figures for 2014 produced by Eurostat, the stats bureau for the EU, at -2.9 per cent Italy was below the EU average of 1.1 per cent property price rises - marginally lower than France's -2 per cent.

Hot spots are slightly dictated by transport links, and whilst quick and easy trips to Rome, Florence, Pisa, Milan, Turin and Sardinia's Olbia have produced catchment areas around these airports, areas reliant on Ryanair ights (such as Brindisi, Ancona and Pescara) are not quite as popular with buyers not enamoured with the Irish low-cost airline. But for all its insouciance, Italy an excellent rail infrastructure and comprehensive motorway (autostrada) network across the country that makes getting around quite painless. To choose just one
place to buy a home is less easy but we provide a few snapshots of the most popular areas...

Download our new buying guide to Italy here >>>
A Place In The Sun