Italy Property Investment News

Infrastructure work to boost Italian property

Infrastructure work to boost Italian property

A series of infrastructure improvements across Italy are likely to have a positive effect on its house prices, it has been predicted.

Real estate agent Marco Tirelli stated that the introduction of a new high-speed rail link connecting all the major cities would certainly lead to increase in property values.

Speaking to the International Herald Tribune, he stated that this was especially likely to be the case in places that appealed to holidaymakers.

He went on to compare the creation of the line with the introduction of budget air services, as both were able to improve the ease of access to different places.

Mr Tirelli said: "Ryanair means I have many more options for vacation from Milan; the train can have the same effect."

The improved transport connections may also prove an attractive feature for overseas property buyers.

According to research by Yorkshire Bank, 43 per cent of Britons are currently considering buying a place in the sun.

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