Business: Sep 26, 2011

Liguria is the third smallest region in Italy. Situated in the North-West, this is a narrow strip of land squeezed between sea and mountains. Its beauty is really heavily involved in the ongoing existence of the sea and mountains with Alpine chain has its origin here (at "Colle di Cadibona"), especially in this country known as the sea.

Foreigners, especially British, discovered the coast of Liguria, better known as the Riviera, in the late nineteenth century. They were attracted by the sun and mild climate (Western Riviera is considered the best climate in Europe), and the charm of the villages can be made of narrow alleys and old buildings, surrounded by ancient walls defended by mighty towers. They were attracted by the sea, but I knew that the good weather is guaranteed chain of mountains, which protect the coast due to cold currents.

The famous Riviera resorts, resorts such as Bordighera, San Remo, Alassio West, Santa Margherita and Rapallo on the East, it owes its fame, the first wave of tourists.

Tourism was highlighted in the post-war success in Liguria, where the economic development of the coastal resorts became crowded modern buildings (not just oriented to the environment ...) and prices of homes began to grow. Proximity to the rich cities in northern Italy (Milan, Turin), and a strategic position, which makes easy access to the sea in Liguria, on the European continent countries have contributed to a rise in house prices and the coast of Liguria to confirm the original house price model.

The resorts on the coast, the average house prices, which are 3-4 times higher than the inland villages. Any measure of a seaside house price is less than twice the price of the house is located. Portofino is the case, the difference in the inland villages reached eleven times! Portofino is actually a very special case: it is one of the most expensive resorts in Italy (the second of Cortina d'Ampezzo). Price houses in the central square (the famous "Piazzetta") is a fixed number of windows overlooking the square: one million euros for each window! Despite these very high prices, house price index has risen nearly 150% over the past six years.

The average house price in Liguria is reasonably higher than the average price in Italy (2700 EUR / m versus 1550), but, as I said, this attractive tourism, proximity to a rich pool of potential buyers and territorial regulatory constraints, and to build a new house in one of the most stable real estate in Liguria, Italy . Also consider that Italy in general, is extremely stable real estate market. Imagine that 80% of the population of homeowners: the Italians to the house (brick, as we say here), as the prime form of investment and house prices have not fallen significantly in recent international crisis.

So, if you are convinced that a closer look at this area, do not neglect to compare the prices, because it is inexpensive and can be found on the coast. For example, West Riviera, Camporosso Mare, Arma di Taggia, Santo Stefano al Mare, an enviable climate and the same Bordighera and San Remo, and function at a reasonable price (about 3000 Euro / m of new or renovated home). And if you look inland, you can find dozens of picturesque villages perched among the hills and olive trees, beech, which offers fresh air, nice view and low prices.

Business

Monday, September 26, 2011

Blackhawk Real Estate Market Exhibits Stability in August 2011

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