Abruzzo, an overlooked part of Italy has become the best emerging market in Italy, according to industry experts.
The territory of Abruzzo is with129 kilometres long coastline marked by vast sandy beaches in eastern border stretching along the Adriatic north and south of Pescara. Abruzzo less than an hour from ski slopes and Rome is a 90 minute drive away. High Abruzzo Mountains, broad valleys, beechwood forests and an age-old Italian lifestyle has attracted foreign vacationers recently.
Lief Simon of International Living has stated that Abruzzo's population moved out after Second World War. The neglected properties are now renovated and are available in the market at prices below €30,000. Property expert, Nikki di Girolamo has commented that the properties have to be entirely renovated but they are well worth the investment. She also added that Prices are 50% less than that in Tuscany.
Property prices are still comparatively low and the well-preserved nature of the region means investors have their pick of desirable locations to choose from. The conditions are also ideal for those who want a property for personal use and also it attracts lot of lifestyle emigrants in recent times.
The territory of Abruzzo is with129 kilometres long coastline marked by vast sandy beaches in eastern border stretching along the Adriatic north and south of Pescara. Abruzzo less than an hour from ski slopes and Rome is a 90 minute drive away. High Abruzzo Mountains, broad valleys, beechwood forests and an age-old Italian lifestyle has attracted foreign vacationers recently.
Lief Simon of International Living has stated that Abruzzo's population moved out after Second World War. The neglected properties are now renovated and are available in the market at prices below €30,000. Property expert, Nikki di Girolamo has commented that the properties have to be entirely renovated but they are well worth the investment. She also added that Prices are 50% less than that in Tuscany.
Property prices are still comparatively low and the well-preserved nature of the region means investors have their pick of desirable locations to choose from. The conditions are also ideal for those who want a property for personal use and also it attracts lot of lifestyle emigrants in recent times.
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