Will You Add? - Real Estate

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ts capital Perugia overflows with an abundance of culture and history. Home of the Etruscans and a suffering an embarrassment of riches when it comes to the arts, Umbrian property hunters focusing their search on the regional capital will find apartments and country properties with ease.

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So you want to buy a home, right? You go out with your agent to look at property. You find one and now you want to make an offer. Your agent submits your offer and the sellers hit you with a dose of reality. They don’t want to enter into a transaction with you until they are sure you are qualified. They require you to submit documentation to them as proof. But there’s a problem: You never went to a lender before you went looking at homes.Okay, not really a proble

Think of Italy and you’re most likely to think of its love affair with fashion and fast cars than a second home in the sun. Outstanding cuisine, delicious wines, stunning countryside and a rich cultural heritage all still figure but the eternally stylish nation has been more often than not a leader not a follower when it comes to property trends. Until now that is.

Casting off its underdog status in the last few years, Italy is rapidly usurping traditional favourites like Spain and France with its eclectic range of state of the art villas and dilapidated country houses ripe for restoration.

A Tuscan Tale (Of Caution)

The well trodden path from Tuscany is an immediate favourite for first time house hunters eager to enjoy familiar creature comforts. Fulled by a thousand postcard images, it’s already a challenge to find an apartment or villa well matched to a modest investment budget. The canny bargain hunter should instead look to the east and venture into the lush countryside of Umbria. Only an hour or so from Florence by train, Umbria is an area largely unspoilt and un-chartered by foreign buyers.

The only land locked region in Italy, Umbria and its capital Perugia overflows with an abundance of culture and history. Home of the Etruscans and a suffering an embarrassment of riches when it comes to the arts, Umbrian property hunters focusing their search on the regional capital will find apartments and country properties with ease.

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er not a follower when it comes to property trends. Until now that is.

A Tuscan Tale (Of Caution)

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If I asked you the purpose of your web site, chances are you'd say it is to make money.Yet the brutal truth is this: 93% of web sites hardly make a cent. So here's how to make sure your's isn't one of them.1. Tune your web site to the station WIIFM. How many times have you gone to a web site and the landing page says something like, "Welcome to my web site! My name is Billy-Bob Schultz and I was born in Milwaukee on 27th March

toration.

A Tuscan Tale (Of Caution)

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t investment budget. The canny bargain hunter should instead look to the east and venture into the lush countryside of Umbria. Only an hour or so from Florence by train, Umbria is an area largely unspoilt and un-chartered by foreign buyers.

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Modern builds are few and far between in the rolling valleys of Umbria so expect to invest time and money before renting the property out. This investment is offset by low initial purchase prices – expect to pay around 40,000 euros for farmhouses and casali (old country properties) requiring some degree of restoration.

La Dolce Vita?

Another new region worth investigating if you want to invest in property in Italy is Puglia on the boot’s southernmost tip. Property prices in Italy are generally cheaper the further south you venture, making the coastal region ripe for investment. Hemmed by the Adriatic sea, the inner reaches of Puglia are bedecked with olive groves and fruit orchards.

Adding a Puglian property to an investment portfolio is a good bet for rental income – the gentle climate and network of criss crossing cobbled streets, sandy beaches, medieval towers and sun-drenched piazzas make it an up and coming holiday destination. New, two bedroom apartments in the town of Vico del Gargano can currently be found for less than 60,000 pounds.

In nearby Naples, comparable ground or first floor properties with garden and swimming pool are on sale for a

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Will You Add? - Property Hot Spots - Italy

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