How do you s上海千花网交友 ay second home in Italian? Americans increasingly looking to buy luxury real estate in Italy
Italy s Amalfi coast
Americans are increasingly looking overseas toward Italy when it comes to buying a s上海夜网论坛 econd home.
U.S. buyers made up 11.3 percent of foreigners who inquired about buying high-end homes in Italy during the first quarter of the year, according to a Knight Frank report cited in the Wall Street Journal. That was up from 6 percent during the same time in 2011 when Knight Frank started covering Italy s luxury home market.
The love affair with all things Italian, history, culture and art, continu上海龙凤论坛sh1f es for many Americans, said Amy Redfern, the report s author. They re generally heavily involved in properties of historic nature and of architectural merit.
Sales of super-prime Italian homes those priced at 爱上海同城论坛 or above $12.38 million have increased significantly over the past three months, though the report didn t offer specifics on the number of sales. Inquiries into luxury homes climbed 133 percent year-over-year, suggesting Italy s political and economic uncertainties weren t dampening buyer demand.
Potential buyers from the U.K. made up the largest swath of overseas buyers in Italy at 44.8 percent. Prices in most of Italy s hottest locations either declined or remained flat in 2017.
A number of small Italian v阿拉爱上海同城 illages with large numbers of empty or neglected homes are looking to sell them to foreigners for one euro. [WSJ] Rich Bockmann
Tags: homeownership, italy, Residential Real Estate
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