‘You get the same sort of tax savings you get in Jersey but you get to live somewhere you actually want to live’
The prime property market in Tuscany in Italy has stabilised following a decline in peak to trough terms of 40% with process in Florence and Lucca up 1% in 2018, the latest research shows.
Rents in European cities for studios, apartments and rooms are continuing to rise but the growth is beginning to slow, with levels down in the first quarter of 2019, the latest index shows.
The southeastern region of Apulia, known for its unusual conical structures, has become one of Italy’s most popular markets for second homes.
Italy's economy tipped into recession at the end of last year, according to latest figures.
Buyers flocked to Sambuca last week when it put empty houses on sale at €1 each in a bid to reverse decline. We joined the queue…
Milan continues to outpace its Italian neighbors in home prices and sales volume, while the smaller areas in its orbit remain quiet and affordable.
With relatively few transactions and tight restrictions on new construction, the island of Capri has been largely resistant to market turmoil.
In the past decade, home prices in Abruzzo — which includes the provinces of Chieti, Pescara, Teramo and L’Aquila — have dropped around 30 to 40 percent, although they now seem to have bottomed out, Ms. Nicholas said: “We think they could start to rise again soon. Last year was our best year in 10 years, and this year is following a similar trend.”
The Italian Riviera — a crescent-shaped coastal area bordering France, within the larger region of Liguria — has two luxury markets, agents said: the eastern Riviera di Levante, which includes the tourist hot spots of Portofino, Santa Margherita and Cinque Terre; and the western Riviera di Ponente, which stretches from Genoa to France. The two areas are similar, agents said, but the east is more hyped, and consequently more expensive.
Opt in here