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Home»Economy»Italian real estate market is quite dynamic. It should be noted that Italy did not suffer from the crisis practically at all. How can this be explained? The thing is that most of Italy banks had relations with Swiss financial institutions, and not with American or British. With the exception of one bank, the capital, which belongs to Germany, no other banks were injured. The only affected bank was Unicredit.

Italian real estate market is quite dynamic. It should be noted that Italy did not suffer from the crisis practically at all. How can this be explained? The thing is that most of Italy banks had relations with Swiss financial institutions, and not with American or British. With the exception of one bank, the capital, which belongs to Germany, no other banks were injured. The only affected bank was Unicredit.

December 7, 2018

Therefore, the Italian real estate market today represents great opportunities for purchases. You can buy real estate here quite simply. But for this you need a legal stay in this country. The transaction itself should be legal. The purchase of real estate takes place in several stages. To begin with, you get a tax code, then a contract is drawn up, and you pay 5% of the cost of housing.

Most often, real estate is bought in Sardinia. This is the most popular shopping place. The main buyers are British, Germans, Russians. You can get real estate and do your own business here. For example, registration of NPOs is a fairly common business. You can register as a non -banking institution and conduct different transactions. Income can get a good.

The most commonly purchased real estate in Italy is 400-700 square meters. Basically bought villas, less often apartments in apartment buildings. The cost of one square meter ranges in the range of 3-6 thousand dollars.

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