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.
Sep 21, 2009
Sep 7, 2009
Cheap flights for southern Italy to boost tourism
Tourism bodies in Italy are hoping that more airlines and routes start flying to the Southern Italian airports as it could lead to a repeat of the success story of low cost carriers opening up Spanish destinations to tourists.
According to the Global Property Group, No frills flights are sustaining tourism across southern areas of Italy. Director Mike Dunkerley said that affordable access to the region was "tremendously important." "Out of season you can get £50 returns, whereas if you're using the conventional airlines - it used to have to be Alitalia - you would be looking at £300, £400," he added.
Ryanair's prices are as low as £60 return out of season which makes the Italian destinations much more affordable for UK travelers. Stephen McNamara, head of communications at Ryanair, stated that the airlines low fares and punctuality is the reason for drawing more travelers.
Commenting on their success Mr. McNamara said, "Passengers opt for Ryanair's guaranteed lowest fares and no fuel surcharge over BA's high fares and greedy fuel surcharges".
Dr Pasquale Schiano of Italian aerospace research center (CIRA) has said that government is undertaking an innovative regional economic initiative to enhance and upgrade the infrastructure that allows vital air traffic links throughout southern Italy. He comments: "The main objective here is to improve interregional mobility because, for example, in Italy we have several major airports - but if you want to travel from Naples to the south in Apulia or Calabria we really need to be talking about improvements in general aviation infrastructure."
According to the Global Property Group, No frills flights are sustaining tourism across southern areas of Italy. Director Mike Dunkerley said that affordable access to the region was "tremendously important." "Out of season you can get £50 returns, whereas if you're using the conventional airlines - it used to have to be Alitalia - you would be looking at £300, £400," he added.
Ryanair's prices are as low as £60 return out of season which makes the Italian destinations much more affordable for UK travelers. Stephen McNamara, head of communications at Ryanair, stated that the airlines low fares and punctuality is the reason for drawing more travelers.
Commenting on their success Mr. McNamara said, "Passengers opt for Ryanair's guaranteed lowest fares and no fuel surcharge over BA's high fares and greedy fuel surcharges".
Dr Pasquale Schiano of Italian aerospace research center (CIRA) has said that government is undertaking an innovative regional economic initiative to enhance and upgrade the infrastructure that allows vital air traffic links throughout southern Italy. He comments: "The main objective here is to improve interregional mobility because, for example, in Italy we have several major airports - but if you want to travel from Naples to the south in Apulia or Calabria we really need to be talking about improvements in general aviation infrastructure."
Subscribe to:
Posts (Atom)