• Italian real estate funds in demand

    Italian real estate funds in demand

    When you bear in mind the state of the Italian economy, the growing financial crisis and the much talked about pension liability going forward, it is refreshing to see some positive headlines regarding the Italian property market. It seems that hedge funds have recently switched their focus towards a number of relatively obscure Italian real

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  • Facts about the leaning Tower of Pisa

    Facts about the leaning Tower of Pisa

    There are many eye-catching and wonderful buildings and properties around the world but few of them capture the imagination to the extent of the leaning Tower of Pisa. We all know that the tower itself leans to one side, we’ve all heard the name, but where is the leaning Tower of Pisa, why does it

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  • Italian government to scrap property tax

    Italian government to scrap property tax

    Like so many European countries, the Italian government is under increasing pressure to bring in as much money as possible in the short to medium term to assist with centrally EU financing. As a consequence, the Italian government recently brought in a very unpopular property tax estimated to bring in a potential €4 billion per

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  • More overseas buyers investing in homes in Italy

    More overseas buyers investing in homes in Italy

    Italian property is still popular with overseas buyers with real estate investors from Russia, the UK, Germany and Scandinavia looking for second homes. According to the Scenari Immobiliari research institute, second home sales to overseas buyers increased 14% in 2012 suggesting a growing number of international purchasers have been willing to make the trade off

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  • Property in Tuscany attracting international buyers

    Property in Tuscany attracting international buyers

    Tuscany has always been a region popular with overseas property buyers and as prices have been falling it is becoming even more so, especially for those looking for a holiday home. It is the third most visited region in Italy with almost six million international visitors annually and holiday home prices on Tuscany’s coast, while

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  • Property prices in Italy down by 20 to 30% since the middle of 2008

    Property prices in Italy down by 20 to 30% since the middle of 2008

    Residential property prices in Italy’s main real estate market have fallen by around 30% since the second quarter of 2008 but the luxury sector has proved more resilient, according to a new insight report from Knight Frank. Prices have softened by around 20% in some luxury markets but a weaker euro in the first half

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