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Investing in real estate in Italy: the consequences of global warming

 

coastal erosion in Italy

coastal erosion in Italy

The consequences of global warming in Italy are before everyone’s eyes. Here are a few :

  1. Summer temperatures remain very high for several weeks, especially in large cities. During July and August 2017, Bologna, for example, experienced maximum temperatures above 35 ° during most of these months. In the same period, most Italian cities, both in the North and in the South, recorded maximum temperatures well above 30 °.
  2. Air pollution due to urban traffic is becoming more and more dangerous, forcing municipalities to limit traffic.
  3. Summer storms, due to masses of very hot air that meet the cold draft from the north, are becoming increasingly violent, causing flooding.
  4. We see phenomena never seen before, such as water spouts that cause considerable damage and flooding.
  5. Floods and landslides are becoming more frequent.
  6. The sea level increases by about 3 mm per year, it is already 20 cm higher than at the beginning of the century, facilitating the floods and the breaking of the waves on the coasts
  7. Beaches undergo erosion which shrinks them and in some cases has already completely carried them away. Some bars and restaurants on the beach had to be closed.
  8. Jellyfish often invade the Italian coasts, especially in the center and south, making swimming difficult, unless you’re staying in a water no deeper than 130 cm.

How to invest in real estate by keeping away from all the pernicious consequences of global warming?

These are the precautions to be taken, in my humble opinion, with respect to each problem listed above:

  1. Avoid investing in large cities, aunless there is a particular interest in doing so. It is very likely that real estate in the sea and the mountains will be more and more sought after, and valuable, as people want to leave the cities too hot in the summer, at least for the holidays.
  2. It is better to equip yourself with a green car, electric, hybrid or with LPG or natural gas, which will still be able to circulate.
  3. Find out more about the meteorological phenomena observed in recent years and ask the municipality for a map of the flood zones.
  4. The Adriatic coast to the east is less affected by the boiling air coming from Africa: water spouts and severe thunderstorms are therefore much less frequent than on the west coast and on the islands.
  5. Look carefully at the land upstream of the property you would like to buy.
  6. Consider the extent of the beach and find out about its erosion during the last decades, if you want to buy a property in the sea.
  7. Ask about jellyfish before buying a property in the sea.

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