Italian properties are more affordable than France and Spain

Overseas property investors have been recommended to consider purchasing a residence in Italy.

Edward Crompton, managing director of Real Point Property has said that Italian properties are more affordable option to the shrewd overseas investors than properties in the better established markets of France and Spain.

Property investors who are still interested in purchasing in the country are keen to buy a house of the highest quality. The Italian government had implemented new laws to prevent the country becoming overdeveloped, developments are substantially limited by planning constraints and therefore preserving the factors that attract tourists and drive the property market.

Linda Travella, broadcaster and founder of Casa Travella has stated that the Italian market is "thriving" because it offers a large number of benefits to overseas investors. She said that Italy is considered as a steadier and reliable investment option than other European markets and it is an easily accessible destination from mainland Europe. Ms Travella also said that Italy's good infrastructure and modern amenities combined with heritage and culture makes it a better investment than emerging markets.

Consequently, Italy is the Mediterranean's best kept secret; rich in history and culture it is no surprise that Italy has stepped up a gear now and it is dynamically bridging the gap between old and new.