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Italy's property market stays strong despite financial woes
Country: Italy
The strong housing market in Italy makes the country the ideal place to find bargain overseas property for sale, it has been claimed. Terry Hobbs, media manager for international portal Propertyshowrooms.com, said despite the weakness of Italy's economy, the property market has held up as Italians tend to have fewer and smaller mortgages. "Whilst property prices have increased over the last ten years, they did not escalate with the ferocity they did over much of the rest of Europe," he said. Mr Hobbs went on to say that the market is currently the slowest it has been for some time, meaning savvy buyers could get knock-down prices if they find someone who really wants to sell up. "A lot of our agents are noting there is a lot more room for negotiation than there was one or two years ago," he added. Last month, it was reported that the Italian government is considering the sale of state-owned property assets as a way of reducing the country's public debt.
October 2011
Some information contained within this article may have changed since it was first published. Homes Overseas strongly advises you to seek current legal and financial advise from a qualified professional.
Some properties in Italy
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Price: £36,220
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Type: Townhouse
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Bedrooms: 2
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Excellent opportunity for those on a small budget to acquire a good size holiday home in this traditional Sardinian town between the sea and mountains.
Town house in excellent condition requiring little improvement to turn it into a comfortable home.
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Price: £44,269
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Type: Apartment
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Bedrooms: 2
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Spacious first and last floor apartment with independent access and panoramic roof terrace in the characteristic town of Jerzu on the east coast of Sardinia with easy access to mountains and beaches plus all the local facilities just a 10 minute
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Price: £44,269
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Type: House
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Bedrooms: 2
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Town house in the centre of Arzana ripe for modernisation. Located on the East coast of Sardinia, Arzana is an appealing Sardinian mountain town with far reaching views of the coast. This town house presents an ideal opportunity to easily add value .
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Price: £48,294
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Type: House
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Bedrooms: 4
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Jerzu, three storey town house in the centre of this picturesque traditional town, famous for rock climbing and its Cannonau wine, perched on the side of the hills near the Gennargentu mountains yet just 20 minutes from the stunning coast of
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Price: £49,098
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Type: Apartment
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Bedrooms: 1
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Residential For Sale - Apartment - Deposit: EUR 30500 EUR61000 - Lamezia, Calabria.
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Price: £52,318
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Type: House
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Bedrooms: 2
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Delightful old stone built property sympathetically renovated 3 years ago maintaining original features. Also benefits from 2 large terraces and private garden rarely found in this town centre location. Plus fabulous views over the valley and coast.
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Price: £56,343
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Type: Apartment
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Bedrooms: 3
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Spacious first floor apartment, with picturesque mountain and sea views, in the typical Sardinian town of Ilbono in Ogliastra on the east coast of Sardinia.
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Price: £61,172
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Type: House
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Bedrooms: 2
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200 year old town house in the village of Padria 30km from the long sandy beaches of Bosa on the western coast of Sardinia and just 60km from the airport of Alghero. Deceptively generous accommodation with an enclosed rear courtyard and garden.
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Price: £63,587
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Type: Apartment
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Bedrooms: 2
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Residential For Sale - Apartment - Deposit: EUR 43,000 EUR79000 - Capo Vaticano, Calabria.
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Price: £66,001
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Type: Apartment
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Bedrooms: 1
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Residential For Sale - Apartment - Deposit: EUR 41,000 EUR82000 - Tropea, Calabria.
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Price: £130,000 Bedrooms: 1 3% discount off list price.
prices approx 10% below market value.,
Prague market growing at 20% pa.
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Price: £105,000 Bedrooms: 1 Karlin. A dynamically developing area of Prague. 2 mins walk from metro station & 2 stops from city centre.
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Prices from: €250,000 Beds: 2 Baths: 2 - 1 ensuite Kitchen + appliances, dining-room, sitting-room, garden front & back. Plans may be modified to suit your requirements.
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Price: £125,600 Bedrooms: 3 Baths: 2 - 1 ensuite Kitchens with cupboards, hob/oven, fridge/freezer, washing machine, dishwasher. Pool, gardens, tennis courts.
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Prices from: £147,200 Bedrooms: 2 & 3 Off-plan in Fuseta, Olhao. 30 two-bed, two-bath apartments & 20 three-bed, three-bath semi-detached villas.
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Price: £129,000 Bedrooms: 1 Holesovice Prague 7: across the river from city centre. 73sq m with garage and storage. Expected yield 5.5-6%.
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