The decline in prices for Italian real estate


The decline in prices for Italian real estate


Paradise in two regions of Italy fell by residential real estate at an annual rate of five percent. These areas Tuscany and Umbria in the North of the country. Prior to that Villa in Umbria were worth far less than the same accommodation in Tuscany recently, however, the difference in the value have been schlichtete.
According to a report by Knight Frank, most of the raised demand for residential property in Umbria in the valley of the Nikon. This year, housing prices in Umbria and Tuscany, according to experts, are not likely to change. However, they also note that buying activity will increase the whole year or even longer. Now, most likely, many more foreigners will need a translation from Italian into their native language. In these regions there is a restriction on the construction of new housing and real estate demand seriously exceeds its offer.
According to the owner of the Italian real estate Agency under the name "Casa Travella", last year was much higher requests online to facilities in Umbria and Tuscany. She says the range of properties in these regions is very wide, from small cottages for fifty thousand euros in Lucca to a prestigious multi-storey villas in Chianti. The owner notes that for a simple plot with an area of eight hectares may request more than three million euros.
According to experts, one of the most popular industries among investors is the Chianti, which is characterized by a beautiful hilly views and lovely houses. Also, provided foreigners are interested in housing in the Val d'orcia, the citadel Lucca, Cardboard and, of course, Florence. I wonder what they are looking for not only housing the elite class, as well as real estate worth from five hundred thousand to one million euros, which is not a high price.
Last year the largest number of purchases were registered by persons from the Benelux. Citizens of the United States and great Britain for the last time retreating in Italy.

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