Overseas property buyers are increasingly moving to Italy in order to improve their quality of life, according to a new study.
NatWest recent Quality of Life Index found that the country was rated very highly by expats and placed second only to Portugal in the Europe.
The top 10 countries are
1. Canada
2. New Zealand
3. Portugal
4. Italy
5. France
6. Sweden
7. Spain
8. Norway
9. Singapore
10. UAE
The study found that people in Italy tended to enjoy a good quality of public services, housing, amenities, climate and healthcare provision. Besides, Italy is said to offer a range of cultural attractions and recreational facilities. The research also showed that most expats believed their lives had changed for the better and the expatriates are healthier, wealthier and happier after the move.
Research by the Academy of Healthy Ageing showed that people in Italy tended to enjoy a superior diet which in turn contributed to a longer life expectancy. ShelterOffshore.com has recently flagged Italy as a good destination for those who wish to spend their retirement overseas. The website stated that people in Italy also enjoy a "magnificent" climate, reasonable living costs and no visa restrictions.
This comes after the news that Paul Collins of BuyAssociation has stated that the number of enquiries it has received from prospective expats has gone up by seven per cent in the last year.
Sep 13, 2008
Southern Italy is becoming increasingly popular
Overseas buyers could find good value for money in stunning surroundings in the south of Italy, a newspaper has revealed.
The Sunday Times pointed out that while the region has a reputation for good beaches, excellent food and guaranteed sunshine; it also has plenty to offer to those with a smaller budget. Expats looking for a holiday home to retire may wish to consider buying in Southern Italy to take advantage of the low prices available in the country.
A local estate agent told The Sunday Times that buyers prepared to look off the beaten track and said that it offers far more affordable property values than the other parts of the country. Flats in town centers are available for £160,000 but for the same amount of money, investors could get two renovated homes in southern Italy.
Gabriele Giambrone, of Italian legal firm Giambrone & Law has commented that Southern regions of Italy are fast becoming the new Algarve of the Mediterranean. The publication suggested overseas property buyers to take advantage of the current low and to snap up a home while it is at a bargain price. Furthermore, the recent changes to the tax regime and potential for capital growth means such a purchase could prove to be highly lucrative.
Meanwhile, the Calabria province in south of Italy is rated to be the most popular location with foreign property buyers by independent analysts at Amberlamb.
The Sunday Times pointed out that while the region has a reputation for good beaches, excellent food and guaranteed sunshine; it also has plenty to offer to those with a smaller budget. Expats looking for a holiday home to retire may wish to consider buying in Southern Italy to take advantage of the low prices available in the country.
A local estate agent told The Sunday Times that buyers prepared to look off the beaten track and said that it offers far more affordable property values than the other parts of the country. Flats in town centers are available for £160,000 but for the same amount of money, investors could get two renovated homes in southern Italy.
Gabriele Giambrone, of Italian legal firm Giambrone & Law has commented that Southern regions of Italy are fast becoming the new Algarve of the Mediterranean. The publication suggested overseas property buyers to take advantage of the current low and to snap up a home while it is at a bargain price. Furthermore, the recent changes to the tax regime and potential for capital growth means such a purchase could prove to be highly lucrative.
Meanwhile, the Calabria province in south of Italy is rated to be the most popular location with foreign property buyers by independent analysts at Amberlamb.
Sep 9, 2008
San pietro a new kid in the block
Overseas property investors are increasingly seeking possible opportunities in San Pietro, according to an expert.
The village of San Pietro in Bevagna, an unspoilt seaside village on the Ionian coast in the province of Taranto, region Puglia is 11 kilometers far from the town of Manduria. Property expert David Stanley Refearn stated that a growing number of foreign buyers are looking to enter the housing market of Bevagna. However, he suggested that potential investors to look at making any purchase sooner rather than later, as property prices in the region are going up.
San Pietro is typical for its heavenly and tranquil beaches, surrounded by Mediterranean bush dunes and calm, clear turquoise waters. The strategic position of the village allows tourists to spend time to the discovery of the wonderful places of the Salentine Peninsula. Away from the fabulous Ionian coastline, the neighboring countryside of the Taranto Murge is famous for its vineyards.
The properties in the Bevagna region give foreign homebuyers the chance to enjoy an idyllic beach lifestyle for an affordable price. The region is becoming an increasingly popular location among overseas property buyers, particularly among Brits and it is said to be driving up demand for properties, which in turn is leading to a surge in property values. Italy's government provides fiscal incentives for potential foreign buyers and a system of conditions entirely favourable for foreign investment.
The village of San Pietro in Bevagna, an unspoilt seaside village on the Ionian coast in the province of Taranto, region Puglia is 11 kilometers far from the town of Manduria. Property expert David Stanley Refearn stated that a growing number of foreign buyers are looking to enter the housing market of Bevagna. However, he suggested that potential investors to look at making any purchase sooner rather than later, as property prices in the region are going up.
San Pietro is typical for its heavenly and tranquil beaches, surrounded by Mediterranean bush dunes and calm, clear turquoise waters. The strategic position of the village allows tourists to spend time to the discovery of the wonderful places of the Salentine Peninsula. Away from the fabulous Ionian coastline, the neighboring countryside of the Taranto Murge is famous for its vineyards.
The properties in the Bevagna region give foreign homebuyers the chance to enjoy an idyllic beach lifestyle for an affordable price. The region is becoming an increasingly popular location among overseas property buyers, particularly among Brits and it is said to be driving up demand for properties, which in turn is leading to a surge in property values. Italy's government provides fiscal incentives for potential foreign buyers and a system of conditions entirely favourable for foreign investment.
Subscribe to:
Posts (Atom)