Is to buy a property in Italy, and in Abruzzo, a good choice?

The economic crisis is affecting the whole world, with Europe being no exception. Some of the EU states members, like Italy, are under speculation attack.

Nobody can justify the financial market behavior and the spread Btp – Bund is too high even if we consider the Italian public balance. In Italy we have a high public debt but at the same time the private savings are significant. Additionally the Italian banking system is more reliable than other banking systems.

If you are thinking to buy a property in Italy, and in particular in Abruzzo, we can offer our support in order to best facilitate the buying process.

Even if the Italian government has taken measures that make the ownership more expensive, for example high taxation,  we have to consider that lots of activities related to the construction sector have been facilitated. There are a lot of benefits associated with refurbishment of properties (the 50% or 55% of the costs until the end of June 2013 is recognised as a bonus by the Italian public administration). For a foreigner this is a good opportunity to buy an old property in Abruzzo because it is possible to take the advantage of these benefits in order to carry out the refurbishments. In addition the price of houses in Abruzzo are, on average,  30% cheaper than other regions  like Tuscany; despite this, it is possible to find similar environments.

The devaluation of the Euro makes it more convenient to buy a property for people coming from extra-euro zones (like Uk or Us). Months ago the Euro – Dollar exchange rate was higher than 1.40. Today it is 1.21. For people considering buying a property but who are concerned that the devaluation is still in progress,  Studio Ambiente offers consultancy services in order to find the best way to get the advantage from this trend.

Buying a property in Abruzzo is not merely an investment but a life choice. Abruzzo is a place where it is possible to enjoy the quality of traditional Italian life. In this website it is possible to better understand what it means to live in Abruzzo….take a look! And please do not hesitate to contact us for any customized consultancy that you may require.

 Studio Ambiente, 24/07/2012