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Connection Italia would like to wish a Happy New Year to readers throughout the world. The end of December and the beginning of January are times for looking ahead, sometimes practically, sometimes dreamily, and setting plans and goals for how to make your life more like what you envisioned. Since you’re visiting this blog, chances are that for you, those plans and goals include the dream of buying property in Italy. We wouldn’t be surprised if some of you have been holding onto that dream for a long time. We see it quite often. New Year’s Day passes by in multiple years, and the dream of purchasing real estate in Italy never acquires the status of “new year’s resolution.” Sometimes there’s good reason for this, whether it be because you’re still saving up money, because market conditions don’t seem right, or because you just haven’t yet found an adequate guide to buying property in Rome, Tuscany, or whatever region most suits your fancy. But we dare say that now that you’re reading the Connection Italia blog, you ought to consider the latter issue resolved. And if you’ve been reading this blog for a while, you should also recognize that the Read more…

The Italian statistics agency Istat recently issued a report that found that Italy has some of the lowest broadband penetration in Europe, according to the Telecompaper website. The number of Italian households with internet access is certainly trending quickly upward, but about a third of the country’s population is still behind the times. Businesses are much more likely to be connected to broadband, but the statistics on e-commerce and social media usage make it clear that Italy falls short of the vast majority of other countries in this aspect, too. Much of the discrepancy is a result of insufficient knowledge of how to connect. Senior citizen homeowners and business owners are especially likely to avoid the issue of internet access after buying property in Italy. It’s important to note, then, that purchasing property in Italy is unlikely to actually preclude you from obtaining broadband access. Infrastructural challenges probably have something to do with the lack of penetration, as they do in any places with less-than-average internet use, but by and large, the statistics should represent a potential for small-scale improvements that you can make after buying property in Italy, in order to dramatically increase value for renters and clientele. These Read more…

Last week, we explained that Italy was likely to encourage foreign investment in its real estate market in order to maintain strong growth at a time when the domestic economy is still too fragile to sustain enough local buying. That seems to have been at least partially confirmed since then, with Japan Times reporting, for instance, that the Italian Trade Agency had held a symposium in Tokyo last month to promote direct Japanese investment. This article also highlights the fact that foreign investors are clearly responding to the current economic conditions, especially when it comes to buying property in Italy. The Move Channel made the same point when it reported that an increasing number of Chinese investors are purchasing Italian real estate in order to take advantage of current prices while also diversifying their investments. Stories like this indicate that Asian investors are steadily catching onto what we have already been saying: that now is an ideal time to apply the principles of a guide to buying property in Italy, so as to get into the market before it is flooded. At the same time, the fact that these trends are ongoing means that the opportunity will almost certainly exist Read more…

On Wednesday, Reuters reported that there was little to no progress in recent talks between Italy and the European Union over plans to alleviate the impact of toxic assets. The situation may shake the confidence of local business owners and property developers, at least until such time as the current economic recovery reaches significantly higher levels. But it may also be indicative of positive prospects for foreign investors, who have an opportunity to exploit the current difficulties while also helping to stimulate the economy from the outside. Some of our previous posts have emphasized that business analysts generally believe now is a good time for buying property in Italy. In fact, those who already heeded their assessments may have gotten the best of the situation, as the Italian real estate market is steadily improving, leading to higher prices and opportunities for early adopters to buy property in Tuscany or Venice and flip it at a later date for substantial profits. Italy’s inability to clear bad debt in the short term will only add to these prospects. As Reuters pointed out, the nation is in a position where it has little choice but to pin its hopes on the continued growth Read more…

This blog has previously pointed out that prospects look good for the Italian property market, but also that there might be a fairly narrow window for buying property in Italy and securing the best possible returns. Subsequent reports from the business world have continued to emphasize that Italy (and indeed, most of Europe) is looking good for real estate investors. And while the best deals were time-sensitive, all indications are that savvy businessmen still see foreseen sufficient returns to justify continued investment. The Wall Street Journal, for instance, recently reported on a surge of retail property deals throughout Europe, driven by economic recoveries and the expectation of dramatically increased consumer spending. More than a quarter of property investment in the past 12 months has been focused on retail deals. Specifically with regard to buying property in Italy, the Journal reports that Tristan Capital Partners has acquired four shopping centers. Such efforts are indicative of confidence in both the Italian real estate and Italian retail markets, among people who are in the know. If you wish to follow their example by buying property in Rome or Sicily and turning it into an increasingly successful retail venture, you’ll need to be similarly Read more…

Our past few posts have highlighted specific opportunities for buying property in Italy. It is not so much our intention to present such properties as realistic options for you as it is to generally enliven your dreams of purchasing real estate in Italy. As such, you’ll see more of the same from us in later posts, introducing you to available properties in varying levels of obtainability. But as we seek to expand your interest in our guide to buying property in Italy, it is not enough to just give you a sense of where your dreams of ownership may be located. It will be even more helpful for you to imagine what you might do with those properties. And for that sake, we will occasionally highlight success stories from other people who have already lived out the dream of buying property in Rome or Venice, and turning it into a life-shaping investment. Take for instance Roberto Polito, who was featured in a recent article by Luxury Travel Magazine. Polito had been in the hotel business for years before striking off on his own with the purchase of a single property, which would go on to become the Baglioni Hotel Cala Read more…

In the first several posts on this blog, we’ve invited you to keep coming back to get bits and pieces of our complete guide to buying property in Italy. More specifically, we’ve explained that we would help you to keep up to date about developing trends in the overall real estate market, and also about specific examples of property for sale in Italy. On that latter topic, But in any given post we might focus on either how to buy property in Italy on a fairly limited budget, or how to make grand, high-value, one-of-a-kind investments in real estate for sale in Italy. Let’s have some fun right now by focusing on the latter. If you’ve got eight million dollars to spend and you’re interested in buying property in Tuscany and also owning a piece of history, you still have an opportunity to make a bid on the villa where Michelangelo lived. According to Realty Today, the listing went live in August and is still available. But if eight million dollars is only a fraction of what you have to spend, the click over the The National for details about how, for 40 million dollars you can fulfill a modern Read more…

Several outlets including CNBC and Realty Today have reported that now is an ideal time for buying property in Italy. The country’s commercial real estate market is estimated to be at a peak, presenting investors with an opportunity for serious returns if they act before the end of the year. Later investors may still profit, but those who act quickly will benefit from the surge of late-adopters. Those reports even touch upon our previous post regarding the appeal of off-the-beaten-track areas as an alternative to buying property in Rome, Venice, or Tuscany. But the latest real estate projections point to the more rural or historical places not just as potential locations for private homes, but also as places where more and more tourists are willing to venture. If you’ve already been thinking of buying property in Italy, the opinions of real estate experts may convince you to take the next step – provided you know how. After all, it’s one thing to know that buying property in Italy is a good idea, and quite another to understand how to do so quickly, efficiently, and in a way that will maximize your returns. If you’re unsure of how to proceed, Connection Read more…

If you’re looking at real estate for sale in Italy, be sure to look beyond the obvious spots. There is a natural appeal for the prospect of buying property in Rome, Venice, or Tuscany. But if your interest is in purchasing property in Italy just for the sake of living amidst the culture and history of the country itself, there are other options that may be even more befitting of your lifestyle and your nose for good investments. The Wall Street Journal highlighted one set of alternatives this week when it described the ongoing restoration of Matera, a city in which many of the centuries-old homes are built wholly or partially out of the local limestone. The restoration and renovation of these homes follows upon long periods of poverty, which ended with the help of international attention and tourism-focused government policy beginning in the late 20th century. The area is now experiencing something of a real estate renaissance, but the phenomenon is still new enough that you can get in on the ground floor and obtain one of these ancient homes before the prices of renovated Matera dwellings begin to rise dramatically. Of course, in an area with as long Read more…

If you know where to look, you’ll find that advertisements, articles, and press releases periodically emerge describing property for sale in Italy. These may describe foreclosures or sales by owners; private homes, empty land, or existing business properties. As with any other region, there’s a steady stream of information that can help you on your way to buying property in Italy, but keeping abreast of that information is a task in and of itself. If, however, you rely on a resource like Connection Italia as a comprehensive guide to buying property in Italy, you can avoid having to seek out such articles and announcements individually and on your own. Services like ours know where to look in advance, and we will filter that information for prospective buyers so they receive updates only on the precise areas and types of property that they’re both interested in and can afford. If you’re looking at buying property in Rome or Milan in the near future, you may be interested to know that BNP Paribas has recently put three hotels in those cities up for sale. The average reader does not have access to the details of that sale, but Connection Italia can bring Read more…