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)…
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…
The evolution of the Fiups Index (real estate operators sentiment) from 01/2012 to 08/2015 The Fiups is an acronym for Federimmobiliare, University of Parma and Source Group and is a graphical representation of sentiment. The index is produced by Sorgente Group. The Sentiment is a survey from a qualitative group, aimed at identifying the expectations…
Italy finally in the top ten of European real estate investors This is what immediately catches your eye when you see the report “Emerging trends in real estate europe 2016” published by PriceWaterhouseCoopers (PwC) and the Urban Land Institute (ULI). Italy then at the top thanks to the entry of Milan among the top ten…
National Geographic Traveler Magazine Announces Its 2014 Best of the World List Features the 21 Best Trips to Take in 2014 November 21, 2013 Limestone dwellings, or trulli, in Puglia, Italy WASHINGTON (Nov. 21, 2013)—National Geographic Traveler magazine today announced its annual Best of the World list, featuring 20 destinations plus a bonus readers’ choice…
Why Puglia trumps Tuscany — and where to buy Italy’s sun-drenched heel is cheaper, warmer and less touristy than the traditional favourite, with turquoise waters and a hint of Greece about it Liz Rowlinson Published: 1 June 2014 Comment (0) Print Puglia, Italy’s sun-drenched heel, has long been a well-kept secret. Jutting into the translucent…
By SETH SHERWOOD AUGUST 8, 2013 Thanks to dozens of mostly Baroque-era churches packing its maze of narrow streets, Lecce, the “Florence of the South,” dazzles with elaborately carved facades and interiors that erupt with symphonies of angels, cherubs, saints, saviors and Madonnas. But this small gem in Italy’s heel is far from a haven of monkish…
Italian Succession Law Succession law in Italy is provided for by the Civil Code. It disciplines two main types of succession: 1) inter vivos and 2) mortis causa. The first disciplines the acquisition of rights or property between living persons (natural and artificial) the second the acquisition of rights or property by inheritance under…
