Italy – Heaven For Foreign Real Estate Investors

December 22, 2009
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Where Foreign Investors Are Buying Properties in Italy

Based from a study conducted by the Gate-away.com, foreign investors have been eying for Italy as one of the best countries to buy a property. Where in Italy do these buyers are willing to invest?

Tuscany is still the most wanted region with 19.52%, followed by Le Marche 12.85 and Liguria 11.12%. In a range between 6.35% and 6.95% there are Apulla, Abruzzo, Calabria, Lombardy and Piedmont. Meanwhile, Sardinia and Umbria rank 9 and 10 with 5.76% and 4.49% respectively.

The average asking price of the properties enquired is $288, 344 with the peak of $516, 013 of Liguria, where many Russian buyers have sent enquiries and $120, 509 of Calabria. Tuscany received an average home value of $371, 252 against an average price of all properties listed in the region of $690, 964. The majority of the enquiries were for houses instead of apartments, the 34% of the properties had a garden and a 12% had a swimming pool.

Tuscany as said above is the favorite region by the majority of buyer’s nationalities; Liguria is the region that has enchanted Russians who like the beautiful Lake Como while Swedish buyers like Calabria. U.K. property investors prefer Le Marche, French are quite fond of Puglia along with Sardinia, Dutch tend to like Lombardy and Le Marche and US buyers, apart from Tuscany, choose Calabria and Abruzzo. Le Marche is liked by many German home investors.

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