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Foreign buyers return to the real estate market in Italy

Posted: 26 April 2018

According to PropertyWire the number of requests for Italian houses and apartments has increased by 133% in 2017.

The most active buyers are those from Northern Europe, in particular, from that area of the Eurozone, which was not affected by the currency shift. Within three months to March 2018, the number of online views of property item by potential buyers from the United States accounted for 11%. But the largest group of investors are from Great Britain — 44.8%.

The next largest group of buyers of elite real estate in the country is from Italy (15.1%), which is followed by the USA, Australia and Germany (2.6% each), Canada (2.4%), Switzerland (2.3%), Denmark (2.2%), the Netherlands (1.9%) and France (1.8%).