If you want to make an investment in residential properties in Italy, do it now.
The property market in Italy is now almost stable and offers a golden opportunity for investors to make money by investing in long-term assets.
Italy offers a wide variety of properties; You can choose to buy residential complexes, flats, apartments or villas anywhere in Italy.
If you like the bustle of Rome and Milan, or if you want to invest in relatively quiet areas like Valle d’Aosta or Liguria; you can invest in any of your preferred locations.
According to the latest market intelligence report, Trentino South-Tyrol is considered the most valued place for real estate investment. The current market rate is 2,500 euros per square meter in Trentino-South Tyrol. It is famous for its natural landscapes, its unpolluted atmosphere and its relatively quiet location.
Lombardy and Milan: an investor’s paradise
Lombardy has everything attracts investors. It has beautiful lakes, hills, lush vegetation, historical monuments, places, and of course a pleasant climate.
Lombardy also includes Milan, which together makes up more than 17% of Italy’s total population.
In 2019, Lombardy generated more than 125 thousand residential and real estate deals for a total of 23 billion euros more.
Similarly, Milan is another popular destination for real estate investors. It is a great city and it is also a famous tourist place. People from all over the world visit Milan to appreciate its scenic beauty, natural landscapes, and architectural wonders.
Since 2012, residential properties in Milan have seen a sharp increase in demand.
Some parts of the city are reserved exclusively for ultra-wealthy investors because the price of villas and residential complexes in these areas is too expensive.
How to buy a residential property in Italy
Now you can easily invest in properties and villas in Italy. Contact a residential broker like Exclusive property, Lionard or Greatestate, complete the necessary documentation, follow the documentation process and make the payment. That is all.
The entire process of buying a property is now done online. Therefore, it is quite simple to buy a real estate of your choice in your preferred location in the shortest time possible.
In the current post-pandemic phase, residential properties in Italy are now available for sale at attractive prices. It offers a golden opportunity for investors to invest in low-interest real estate on mortgages and home loans.
Is it the right time to invest in Italy?
If you are looking forward to buying real estate, don’t wait any longer. As normalcy is gradually restored around the world after the devastating coronavirus pandemic, property prices will also take an upward trajectory. You may never know when residential property prices will start to rise.
Italian banks are now going through some short-term financial problems. From now on, Italian banks face totally bad debts amounting to € 50 billion or more depending on the latest report Posted by DBRS Morningstar, a credit rating agency.
Banks are auctioning residential properties and other assets of defective debtors to recover the loan amount. A wise and prudent investor should not miss out on these opportunities. It is the right time to buy a flat or chalet at a Bank auction and get good discounts on it.
As the economy gradually recovers, the owners have put in place several attractive plans for investors in Italy. A real estate investor should talk to these owners and get a good deal. It will be a win-win scenario for both investors and owners.