Homes for sale in Italy, Tuscany and Liguria, the favorite destinations of foreigners
In 2018, over one and a half million foreigners searched for homes in Italy.
Tuscany is the most sought after region, followed by Liguria, Puglia and Lombardy, showing an increase of 8.4% compared to 2017.
With regard to the geographical origin of foreign customers seeking homes for sale in Italy, in 2018 the research was received from 150 countries and the most significant increases came from the United States (+ 30.5%) in first place and from the Kingdom Kingdom that ranks second with an increase of 18.3. In third place is Germany followed by France, Holland, Belgium, Sweden, Switzerland and Canada. A highly significant figure is that compared to 2005, in 13 years the number of foreign buyers has increased by 70%.
Foreigners choose for different reasons to buy a house in Italy: the beauty of the territory and its landscapes, the great and priceless artistic heritage, the gastronomy and the historical and cultural interest of its cities. In addition, the decline in the value of homes for sale in Italy, which has taken place over the last ten years due to the complex and adverse economic situation, has undoubtedly made it more attractive and convenient to purchase prestigious properties in Italy from foreign investors.
In general the reasons that drive foreign investors to buy a property in Italy are: desire to move to Italy, after retirement, appreciating the atmosphere, the people and the pace of life; availability of a capital to invest and to put into income with subsequent tourist rentals, especially in the cities of art; looking for a second home for the holidays.
The growing real estate purchases by foreigners should not be read as a trend, such as to induce our country to sell off valuable objects, but must instead be considered as an opportunity to attract foreign capital and new tourists to Italy, who often hold back for a long time in our country, investing resources and generating demand for other services.
If before the crisis it could take even about 3 years before being able to sell a luxury property, now the timing for the sale of a prestigious property in Italy has drastically fallen to just under 2 years, and can fall further among the 6 and 12 months in the case of an economic request rightly aligned with current market values.
This decline in sales times, of luxury properties, depends on the profound drop in prices, where even prestigious properties for sale, have become accessible to a wider range of customers, making these dream homes less appealing than in the past .
Luxury properties, for sale in Italy, are however a parallel world that has never been affected by the economic crisis, indeed, it has concentrated the wealth of millions of families in the hands of very few. As for the prestigious properties for sale in Tuscany and Liguria, the origin of foreign customers is varied, the Russians look for a prestigious villa for sale in Forte dei Marmi, luxury beachfront villas for sale in Lerici and on the Ligurian coast, the Swiss and Northern European customers such as the British, Germans, Dutch, Danes, direct their research more on the farmhouses and historic villas of merit for sale on the hills of Lucca and Versilia, the Americans seek more luxury estates on the Tuscan hills or apartments of prestige for sale in Lucca and in the cities of art.
Customers in the luxury real estate market can be divided into three macro economic areas, in the higher segment, including luxury properties for sale of over 10 million euros, especially Chinese and Russian investors, who in the last few years have colonized entire prestigious location as happened in Forte dei Marmi or in the major European cities, first of all London.
The intermediate market is composed of luxury properties for sale in Italy, ranging from 3 to 10 million, and is composed of customers working in finance: hedge funds, brokers, civil lawyers working in finance or finance and so on .
Then there is the market that goes from 1 million euros to 3 million. In this market sector find professionals who want to buy a new property in our beautiful country.
Broker Exclusive Real Estate, prestigious villas and country houses for sale in Tuscany and Liguria
In the current real estate market, Broker Exclusive Real Estate has decided to invest and bet very much on the foreign market, therefore equipping, within its own structure, an office completely dedicated to the foreign market specialized in receiving and managing customers coming from Worldwide.
The foreign office, thanks to experienced staff, is able to accompany the future foreign owner, literally hand in hand, from the first meeting to the notarial deed, comforted by external professionals in technical, fiscal and legal matters.
