2024 is already in full swing and real estate market experts are outlining their forecasts for the development of real estate in the coming months, starting with the events of 2023.
Looking for a bigger, cheaper house in Italy? Well, you're not alone. With more people working from home, having a spacious place has become a big deal.
In the first nine months of 2023, €3.5 billion of capital market investments were registered in Italy, a volume that is still below that of the same period in 2022.
Everyone knows how buying a house works: it's a pretty straightforward process in theory, you hand over the payment, usually by taking out a mortgage, and the owner hands over the property.
Italy is famous for it's cheap houses for 1 euro, but if you're looking for somewhere that you can move into straight away without having to renovate, there are lots of great real estate deals to be found.
Amidst the 'invisible' recession, the tug-of-war between inflation and wage immobility, geopolitical uncertainty and monetary policies that are not always effective, the property market in Italy has been slow to see that drop in buying and selling and in prices that was supposed to have occurred in
Italy's 1 euro home initiative is having great success, contributing to the revival of Italian villages, especially those in the south of the country that have suffered from depopulation for years.
The global real estate market is suffering from the uncertainties expected in 2023, with the real estate market specfically affected by inflation, interest rate increases, the economic slowdown and the energy crisis.