Foreigners wishing to buy real estate in the tourist areas of our peninsula are on the rise.
After years of crisis, during which only the most famous and prestigious places had seen the cost of real estate remaining stable, the desire to invest in holiday homes seems to have come back in recent months. In fact, Italians and especially foreigners who want to buy a property in the tourist areas of our peninsula to spend a few weeks relaxing and then make money from short rents are on the rise.
Not just at the seaside
The best-selling types of apartments are the classic two- and three-bedroom apartments, while the tourists’ favorite places have a twofold tendency: on the one hand, Lake Garda and the Amalfi Coast, which retain their appeal especially in the eyes of German and Scandinavian tourists; on the other, the small villages of the Tuscan hinterland and Liguria, which arouse more and more interest among the English and the Russians, who willingly give up the view of the sea in exchange for more tranquility.
Investing in the city remains a guarantee
Are purchases for rental purposes a good investment? Despite taxes on the second home, the yield also reaches 5 to 6%, although it is necessary to be careful before talking about a real boom. The most practical solution is to buy real estate located in major cities or universities and to be rented to tourists, students and young workers. Are purchases for rental purposes a good investment? Despite taxes on the second home, the yield also reaches 5 to 6%, although it is necessary to be careful before talking about a real boom. As for houses located near the sea, in the mountains or at the edge of a lake, in addition to taxes and management and maintenance fees, the change in the way people live their holidays, which have become shorter and more diversified, has a negative impact.