Overseas property investors are increasingly buying holiday homes in Italian ski resorts, a property expert has revealed.
Gemma Knowles, Italian property specialist, in an interview to Independent told that investors thinking about moving to the country in order to enjoy its slopes could look at Valtournenche or Aosta as rentable properties in or near to Italian ski resorts could yield good profit.
The town of Valtournenche is a town in the Aosta valley region of north-western Italy and has a direct access to 60 km of downhill skiing. Ms Knowles added that properties are priced around £150,000. Offshore property owners in Ski resorts could be able to take advantage of the popularity of winter sports, while cheaper airline routes and increased tourism could increase rates, rental yields and gain financial returns.
The Aosta valley is the most mountainous region of Italy, entirely surrounded by the best known, splendid peaks of the Alps. Ms Knowles also stated that the properties can be found for around £130,000.
Meanwhile, Italy was recently found to be one of the top three destinations in the world for the best quality of life for British expats and also it was ranked sixth for cost-effectiveness.
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