ITALY PROPERTY IS A SAFE INVESTMENT FOR BUYING OVERSEAS
The National Association of Estate Agents (NAEA) has disclosed their global property estimation which they believe will be the best areas to invest overseas this year.
They suggest the British are looking mainly for secure areas to buy their homes abroad by seeking good stable markets such as Italy and France.
The NAEA has predicted that there will be no change in currency for the first quarter of this year, so they have given an opinion to purchasers to invest their property before the rates change and prices increase.
Linda Travella, a chair person of NAEA Italy said that: “Sterling has regained a good position against the European currency trading two to three cents either side of 1.15 during the second half of last year.”
However she also added that the number of Britons purchasing their home properties in Italy might get diminished during the first quarter of 2010 giving opportunity to buyers.