Why invest in Italy
Italy is a country easily accessible from most European countries thanks to the major low-cost airlines have opened routes also towards smaller regional airports.
It’s a truly fascinating country, full of relevant factors such as an admirable architecture, great food, full-bodied and distinctive, inspiring countries of the best arts and small villages where you can still breathe the air of a time.
From natural the point of view we can find an abundance of factors, for example, there are extraordinary natural beauty such as lakes, mountains, lush vegetation, sandy beaches and small cliffs that overlook a beautiful sea, accompanied by a warm Mediterranean climate.
These locations are full of good accommodations and recreational structures, giving rise to tourism and cultural activities very interesting and enjoyable.
And finally, the Italians are a people polite, friendly, homely care that much interpersonal relationships.
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Milan is the capital of the Italian real estate returns, with a profitability of 4.4 %, the city of Milan beats Rome (3.9 % ) and is situated in the category of cities with the best returns at international level.It has been detected by the Research Department of idealista.it, which has linked the price of homes in their respective markets with rents recorded in 2012. The result is the annual return, gross of tax ( imu and taxes) and operating expenses.Milan comes out the winner by comparison with many of the cities of the more advanced economies, resulting in absolute among the most profitable in Europe, ahead of the much-vaunted Berlin (4.1% ), London ( 3.4% ) and Paris (3.0 %), not far from the returns of the classic destinations for foreign investment, such as New york (4.7%) and Tokyo (4.5%) (Source: Global Property Guide 2014) .
In conclusion, investing in Italy is a smart investment because:
Italy is one of the favorite tourist destination
Italy is a young country
Italy is served by the major budget airlines, even in regional airports
Italy has an economic and political security
Italy has a great rental power
Italy still offers excellent " business ", given the opportunity to REO (see "Real estate owned" )
Italy still has many rural areas to be rediscovered and restored
Italy has a government that protects the buyer
lAt the moment the Italian property market is very tempting for those who buy, as it is a market that has a high approval rating from the point of view of profitability from tourism, not only against the most popular cities but also small towns situated on the hill, on the mountains or lakes. Tourism in Italy is not only by foreigners but also the Italians themselves that are passionate about their country and move in the area by increasing the internal market. The possibility to lease a property are real for winter ski resorts or for summer in seaside resorts. Thanks to this, it is assumed that those who invest in the Italian market, maybe even in the renovation of old houses, will have a good return. It’s important to note that the Italian Government has recently introduced new financial laws for the purchase of property by foreigners, which simplify the procedures and make the market more transparent and safe, also has provided incentives for those who invest in renovations of older homes and in favor of those who become resident.It’s important to remember that the Italian real estate market has a wide variety of property types and prices, and it is relatively inexpensive when compared to many other Europe countries, so it becomes the ideal investment for a holiday or for a reality second home / investment income to resell and after a few years, generating attractive margins.