ITALY PROPERTY PRICES HOLDING FIRM IN THIS TRUSTED MARKET
In 2009, Britain’s prestigious Royal Institution of Chartered Surveyors gave the credentials that Italy is the one of the most trustable and best places to invest to your money regarding purchasing overseas properties.
The have come to this conclusion due to markets in Italy are not diminished by any sort of cheap credit or due to any instability in market value which are seen in US and Europe countries.
To quote Knight Frank, “Historically, property prices in Italy have always held.” In stark contrast, average prices in the US fell a record 18.2% through November 2008, with Las Vegas values plunging by nearly 40%, according to the 20-city Case-Shiller index.
A rule has been brought into Italian Tax regime which has dropped the buying cost by 10 -15%, this reveals that this means many more people are considering buying Italian property.
Category : Blog