Italian property seen as safe bet
05 February 2010
Italy is currently regarded as one of the most stable overseas markets for UK property investors.
According to The National Association of Estate Agents International, people buying property abroad will be looking for ‘less risky’ markets over the next 12 months, and Italy is at the of the list.
NAEAI believes that property investment decisions will be largely driven by the fallen value of British pound.
Linda Travella, spokesperson for Italy at NAEAI said:
“For the first quarter of 2010 the number of international buyers is expected to remain low and therefore offers are more likely to be accepted making it a very good time to purchase an overseas property.
"However by late spring, property prices are expected to increase by 3-5%. Key areas to invest in include Tuscany, Le Marche and the Lakes of Maggiore & Garda, where good deals can be found if you buy sensibly.”