Overseas property investors seeking to buy property in Italy have been urged to consider Sicily as a location as Sicily has a number of buildings in need of renovation, according to a property expert.
Luca Santoro, from House & Loft told the Daily Mail that the island is already extremely popular with holidaymakers. She added that Sicily, the largest island in the Mediterranean, has a number of "bustling towns” and the properties in the island are suitable for nearly all tastes and budgets.
There are different ranges of property options are available in Sicily for foreign purchasers, from bargain run-down houses which can be renovated to luxurious mansions. Prospective owners of these Sicilian properties must meet the regulations laid down by the local council as well as respect the original character of the building. Vittorio Sgarbi, mayor of Sicilian town Salemi hopes to attract property buyers who have the “aesthetic sensitivity and the financial resources to take part in this renovation”
Enrico Cristiani of Hamptons International's offices has commented: "Sicilian properties do have very good investment potential, as the region has year round sunshine and has been rediscovered only recently."
Meanwhile, the Daily Telegraph has reported that golf tourism is becoming popular on the island with currently two courses and another three in planning and property investments on the island may see an increase in value in their properties.
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