Investors hail ‘irrepressible italy’

After a slight downturn, Italy’s property market is fighting its way back to the top…

Italy has always been a popular destination for both tourists and investors, however exaggerated claims of property price increases in emerging European property markets had led to a slight downturn.

Fortunes have now been reversed and ‘irrepressible Italy’ as a tried and tested market has gained further ground. The East has definitely caught a chill!

Sarah Ferrara Director of Garda Homes says, “Italy was recently promoted into the top 5 countries of choice, by readers of a popular overseas property magazine. I am not surprised by this, as Italy with its own distinct wealth of beauty and architecture has always performed well.

”With so many people now actively pursuing an overseas property investment, many have become aware that traditional markets such as Italy offer by far the best route to market. Italy is an established market that Sees strong growth each year and is backed by an impressive rental market which is imperative to those who are looking to finance their property for the duration of their investment.

”To be successful in the overseas markets, property investors have to do their homework and they need to be sure that the country they are investing in has the right ingredients to safeguard their investment, the East at this time cannot subscribe to this; Italy however ticks all the boxes!”