Innovative property investments
Italy Property Investment News
Investors advised to consider Italy
Long-term stability and sustained price growth mean Italy should be considered by offshore investors looking to purchase property, it has been suggested.
Amberlamb director Rhiannon Williamson commented that the country's property market has recorded eight years of price growth.
New markets, such as Calabria, are attracting interest from investors after being opened up by improved access through new air travel routes, Ms Williamson noted.
Italy has never played host to the rocketing prices enjoyed by the Spanish, French and Belgian property markets, but the country consistency provides steady underlying capital growth for investors, said Channel 4's A Place in the Sun recently.
Ms Williamson added current predictions value the growth of the real estate market in Italy over the last six years at €30 billion (£21.5 billion).
"So far in 2007 the market is still supporting overall capital appreciation and many experts predict that while the rate of growth has slowed, the fundamentals are in place for there to be a chance of growth for at least the next two years," she stated.
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