Now is the time to buy real estate in Italy
The reasons for wanting to live in Italy are powerful: a wonderful climate, interesting history, exquisite food and drink and a family-orientated culture. However, when we look at the financials, we discover that now it also makes sense to invest in Italian real estate.
Low property prices
There’s always been an interesting divergence between Italians and Brits when it comes to renovation. Italians are more likely to move in to modern accommodation in urban areas, slightly puzzled at a Brit’s love of renovation in the countryside. For Brits, this makes the dream to renovate a farmhouse realistically possible.
However, the reason now is a good time to buy real estate in Italy goes much further than this. The market, like much of Europe, has contracted in recent years. This means house prices are low and you can get incredibly good value for your money.
This makes it an ideal time to invest in property in Italy, perhaps as a retirement property or holiday home. Now is your opportunity to gain a wonderful property at a bargain price – just look at our Italian property listings for inspiration.
Get the right support
However, before you jump in feet first, remember that buying a property in Italy is quite a different process from buying in the UK. You can take advantage of low prices but you’ll need access to an English speaking Italian lawyer and the confidence of using a dedicated London-based real estate agent.
At WGS Real Estate we provide you with expert assistance so that you can make the most of now being the time to buy property in Italy, with confidence and assurance. Give us a call on +44 (0) 20 3137 5067 to discuss how we can help.