Italy property owners have something to celebrate this August, with the latest figures showing landslide increase in interest identified by an August search list.
According to Primelocation International Search Index last month, there is a 25 per cent increase in online searches for Italy property making it one of the three most popular locations for those seeking a place in the sun in Europe.
Commenting on the trend, Ann Wright, International Development Manager of Primelocation International said: "Italy has a wide appeal offering everything from the coastal retreats of Tuscany and the Lakes to the fashion houses and designer stores of Milan.
"With property prices in the country remaining more stable than those in the UK […] the prospect of purchasing here has become an increasingly attractive option."
Meanwhile, easier.com reports that Italy property now accounts for six per cent of all online international searches and sits just behind France and Spain in terms of popularity among those hunting their dream home online.
According to overseas living magazine Shelter Offshore, Italy's economy is not performing well, like other countries and this means prices are currently around ten per cent lower than usual; making it the ideal time to buy. However, the magazine suggests that buyers should not expect to snap up a cheap bargain but instead look for a "true investment" in Italy.
Overseas property investors looking Italy property in the north of the country may be encouraged by a recent article in the Guardian, which reported that several holiday homes have recently cropped up around Tuscany as the area becomes more popular with tourists.
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