Liguria may be about to rise up as a property hotspot for those investing in Italy. The increased interest in the region may signal a trend of overseas investors moving away from major cities and preferring to purchase homes in smaller villages, it has been suggested.
According to entrepreneur Martin De Rosa, Demand for homes in Liguria, Umbria and Tuscany is reaching an all time high among foreign buyers. The competition for Ligurian properties is increasing prices up, and luring homeowners who will spare no expense in finding the perfect Italian getaway. He stated that Germans spend an average of 300,000 Euros and Russian buyers are willing to put down over 900,000 for the perfect Ligurian home. British property buyers in Italy have become increasingly involved in Liguria in the past couple of years as76% of British buyers look at buildings in the 300,000 to 500,000 euro price range.
The Italymag.com website has reported that the thriving market is attracting buyers who are willing to pay up to 17,000 Euro a square meter for properties in Ligurian towns like Santa Margherita Ligure. A recent study of the number of adverts for properties by Italymag.co.uk found that there were more for Liguria than any other part of the country, Country Life reported.
In addition to this, the Italian region offers other outstanding attractions and achieved a record number of Blue Flag beaches in 2011. Blue flags were awarded to Camporosso, Bordighera , Albissola Marina, Albisola Superiore, Ligure, Loano, Noli, Spotorno, Savona-Fornaci, Bergeggi, Celle Ligure, Finale and Varazze. Therefore, it could be an ideal market for buy-to-let investors who wish to purchase a property in a rapidly expanding market.
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