Italian property prices to rise 5%

Italian Residential Real Estate Prices Remain Stable in 2010

Source: Real Estate Channel

Prices for Italian residential real estate will increase by 5% during the next several months, according to recent forecasts made by Italy’s oldest real estate agency.

The Italian real estate market has not suffered from the crisis as much as other European countries, so there is a chance for rapid recovery here, analysts believe.

Many international analysts have already called Italy as a safe place for investments in real estate this year.  This has already resulted in an increase in the number of requests for the purchase of the Italian property from foreign buyers. And, as a consequence, we can expect a rise in prices.

Currently the most attractive places for the purchase of real estate in Italy are Tuscany, Le Marche as well as Maggiore and Garda Lakes.

Unlike other European countries, the Italian real estate prices have remained stable despite the effects of the recession. This is mainly due to the fact that lending in Italy has always had a much smaller scale compared to other EU countries. 

Property lending has never been popular in Italy. Most of the Italians usually do not have more than one loan. That’s why Italy has never experienced any property “booms” as the other European countries in 1990’s.

International Horizons currently has a fastastic offer on Lake Como Properties – 30% Below Market Value for quick sale

Italy: Lake Como 5 key ready apartments with 30% Discount

Lake Como Apartments for sale
Prices from 153,000 Euro – with 30% Discount 130,865 Euros
11.5% Rental yields
Exclusive premium Apartments
Magnificent views over Lake Como from all apartments
Private swimming pool overlooking Lake Como
Less than an hour from Milan and Bergamo airports with scheduled and budget flights from most UK and European airports Switzerland 30 mins by car or a 15 minute ferry ride
Milan – 1 hour by car
Complete rental and property management programme
Ski resorts only 30-40 minute drive from the development
Golf resorts all accessible within a 20-30 minute drive
Belvedere is a Newly built small private development of 16 beautifully finished apartments completed in June 2009, located just above the town of Bellano, with spectacular views over Lake Como. Situated at the foot of the Swiss and Italian Alps, Lake Como is considered to be one of Europe’s most beautiful & chic locations. With the ski slopes only 30 minutes away, and a variety of water sports readily available throughout the summer months, this location caters for year round enjoyment.
Apartments are available with either one or two bedrooms, ten of which are duplexes, all with terraces for outside dining and sunbathing and with access to the private swimming pool and sun deck overlooking the Lake. Every Apartment comes fully air-conditioned with central heating, fitted kitchen areas and a large private underground lock-up garage.
MORE ABOUT THE DEVELOPMENT
The development is a small, private development of just 16 apartments, over Lake Como, located just above the town only a few minutes™ walk from the lakeside but elevated to ensure that every apartment has a spectacular view over Lake Como. All apartments have terraces large enough to dine outside on and all the first floor apartments have gardens overlooking the lake.
Every apartment has a lock up garage with enough space for a family car, bicycles, or storage for ski equipment. Full air conditioning, heating and fitted kitchens come as standard with all apartments. Attached to the building also looking over the lake is the residents private swimming pool and sun deck. There is also a fully equipped laundry room for residents private use.
AMENITIES
Private swimming pool overlooking Lake Como
Magnificent views over Lake Como from all apartments
Terraces overlooking the Lake on all apartments
First floor apartments all with gardens
One large Lock-up garage for each apartment included
Fully fitted kitchen area
Air-conditioning & central heating in all apartments
Fully equipped laundry room
Wooden floors throughout.
Furniture packages available including design & delivery
Bergamo/Milan (Orio al Serio) airport (55 minutes by car)
30 minutes from the ski slopes.
This is a unique opportunity to purchase a home in an area that is fast becoming the most sought after in Italy and indeed in Europe. Bellano is an ideal base from which to explore the Italian and Swiss Alps and the Lake of Como. Whether you wish to relax by the pool, read on your terrace or experience the excitement of Milan this is the perfect place to be.
 THE REGION
The town of Bellano is located on the Eastern shore of Lake Como, a few minutes drive from the exquisite town of Varenna and opposite Menaggio and the world famous Bellagio. A small, intimate but extremely well serviced town, Bellano lacks for nothing; coffee shops, restaurants and bars on the lake front, supermarkets, petrol stations and local shops cater for all needs. The Yacht club in Bellano is the most famous on the lake and offers sailing courses for both children and adults at all levels.
TRANSPORT
All areas of Lake Como may be reached with or without a car using the extremely functional and characteristic ferry, boat and high speed hydrofoil services. From Varenna the passenger and Car Ferry reaches Menaggio in 15 minutes and Bellagio in ten. The train station in Bellano allows easy access to Lecco, Bergamo (City and the Airport), Milan & Switzerland. As a note the other (western) shore is not serviced by a train line. The lakeside (Lago di Lugano) city of Lugano in Switzerland is a ten minute ferry ride across the lake then only a further 30 mins by car, with its cosmopolitan shopping, concerts, restaurants and Cafe squares.
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2 thoughts on “Italian property prices to rise 5%

    1. Dear David,

      Thank you for your comment, I have sent you the full details of the Lake Como properties should you be interested.

      If you have any questions please do not hesitate to contact us

      Kind Regards Melanie Scrace Director International Horizons Call: 0044 (0)845 6522452, 0044 (0)1273 705630, 07894 639922 Fax: 0044 (0)1273 382326 Email: melanie@internationalhorizons.co.uk http://www.internationalhorizons.co.uk Skype Name: internationalhorizons International Horizons TOP 5 PROPERTY INVESTMENTS Sign up for our Email Newsletters

      NOTE: The above & attached particulars are intended to give a fair description of the property, but their accuracy cannot be guaranteed. Whilst every care is taken in giving preliminary particulars, they do not form part of a contract, and should any error inadvertently occur or any property/land be found to be Let, Sold or Withdrawn, International Horizons will not be responsible for expenses or loss of time thereby incurred.

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