Unemployment rate falls in Italy, which is expected to stabilize house prices
The unemployment rate drops to 11.1% in April: minimum since 2012 To celebrate these are above all those who are over 50 years old: compared with the year 2016, there are 277 thousand more employees, thanks to the growth of 362,000 at work. The unemployment rate is stable among young people at 34 per cent. […]
The student housing industry grows in Italy
The student housing industry grows in Italy: it’s a real estate investment opportunity The student housing industry is mature throughout continental Europe: France, Germany, Ireland, Italy, the Netherlands and Spain are the six main markets identified for sustained growth over the next 10 years. Main trends in the student housing sector in Europe The real […]
Real estate prices in Italy in February 2017, a bargain
Map of real estate prices in Italy The map shows the prices quoted for houses, apartments and in general residential property in Italy. These are the average prices of the properties listed on the site Immobiliare.it, probably the main site of classifieds real estate in Italy, the reference period is February 2017. In February, the […]
Tourism: Italy continues to woo huge crowds
Euromonitor ranking of the most visited cities by international guests Hong Kong, the most visited, Rome 14th, London is second Asia continues to dominate, but the British capital returns second, to the detriment of the city-state. Italy out of the top ten, but with encouraging signs of growth. But it is a partial picture and […]
Italy is the 12th best loved country in the world
The 2016 country reputation ranking The countries with the highest reputation worldwide have been ranked by the Reputation Institute in its annual Country RepTrak index. A ranking to be proud of According to the Reputation Institute, Italy ranks 12th. This is great, if you are to consider that there are about 200 countries in the world and […]
Debt laden Italian banks render Italian real estate cheaper
The weakness of Italian banks, an opportunity for foreign investors? Italian banks have an estimated $360 billion worth of bad credit. Those are loans that will be hard to be rebate by the doors, since their financial or economic recitation doesn’t allow the stipulated payments. It is calculated that about $200 billion worth of loans […]
The Italian real estate market recovers slightly in the 2Q of 2016
The last real estate Observatory of Nomisma, one of Italy’s most prestigious think tanks, evidences that the interest of Italians is no longer limited to the residential sector in recent months: investment in real estate for companies has also grown. While noting a slight recovery in the housing market, in place for several years and […]
Italian real estate market back on a growth path
In 2015, in Italy, the real estate housing market, after the long, steep descent observed since 2007, seems to be back on a growth path (449,000 standardized transactions), confirming and passing (6.5%), the positive figure of the previous year (421,000). This is what we read in the report of the Revenue Agency for real estate […]
Italian real estate investment, pros and cons
The Italian economy is historically fluctuating. Sometimes, it undergoes a depression that can last more than a century. For instance, the Italian economy was perhaps Europe’s most prosperous during the Renaissance. Then, European nations started colonization of Africa, Asia and America, becoming richer and richer. Micro-states or cities in the peninsula (Italy became a nation only in 1861) […]
Lower property taxes likely to improve Italian real estate market
In 2016, the Italian government lowers property taxes in order to boost the real estate market IMU (Imposta Municipale Propria) and TASI (Tassa sui Servizi Indivisibili) are abolished for principal residences Practically, only residents in Italy will benefit from this abolition. Therefore, these two taxes will remain unchanged for secondary residences. For luxury houses and castles, IMU will get […]