Italy gives global market the boot
Italian real estate is showing true strength for UK investors in these uncertain economic times, and much of its success is down to multi national currency, according to industry experts.
A recent study by investment experts Close Treasury, has revealed that UK investors who have bought property in Italy using the euro in recent years, will have seen a sterling value increase in their property of around 65% since 2005.
The reason for this is attributed to improving market values in comparing property prices between 2005 & 2009 as well as the improving strength of the euro.
Such findings are likely to be surprising news, especially given the global turmoil of the past 12 months or so. But Italian properties are set to become of greater interest to investors as the country is being seen to be one of the earliest to recover from global recession, making now the right time to consider investing in real estate in Italy.