Foreigners wishing to purchase property in Italy and the demand for real
estate coming from abroad grew by 52.4% compared to the same period of
the last year. Germany took first place in the ranking report dedicated
to nationalities, gaining 15.16% of the total of incoming requests in
the first half of 2016. Then the United States (14.27%) come, stable in
second place as last year, and Britain (13, 67%). The top ten list then
sees France (7.19%), Belgium (6.78%), the Netherlands (5.60%),
Switzerland (4.88%), Sweden (4.03 %), Canada (2.63%) and Brazil (1.52%).
Despite the temporary setback of the English due to the uncertainty of
Brexit - overall the balance is positive. The British, famously the hard
core of real estate investors in Italy, are growing although at a less
sustained rate (22,28%) compared to the general, going from first to
third place in the rankings relating to nationality, exchanging places
with Germans. The British began to be a bit 'of time to direct their
interest towards alternative Italian destinations with smaller budgets.
With the advent of Brexit this trend is consolidating and perhaps also
an opportunity for more unknown areas of Italy. As for the Germans they
are increasing their demands at considerable pace (+119.25%). In detail,
the average price of properties required stood at 435 mila euro, more
than 67% covers buildings that have a value of up to 250 thousand euro
and the luxury segment carves out a large chunk of 14.31%. As for the
type, the choice falls mainly on real estate rather than on independent
apartments, and a majority of the requests for habitable houses (63.50%)
. As many as 27.07% of the requests is for buildings to renovate,
partially or completely. Toscana, Liguria and Puglia are confirmed as
the preferred regions, followed by Lombardy and Umbria that close the
top five. Also as part of the performance by region, Calabria, Friuli
Venezia Giulia, Basilicata and Molise are living a golden moment than
the previous year, with a more than doubling of the required rate.