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Knight Frank: euro weakness helps foreing investments

Posted: 23 August 2016

Italian real estate prices will remain steady as buyers return to their long-term trusted locations, according to Knight Frank.

Prices currently are about 30 percent below their peak in 2008-2009, and the declining value of the euro has widened the market to international buyers from the United States, United Kingdom and others.

With the economy recovering from its lows at the start of the decade, foreign consumers are considering Italian property as an occasion for investing.