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Market growth 'to continue' |
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The Italian property market will continue to expand "for at least the next two years", one expert has claimed.
Rhiannon Williamson, director of Amberlamb, explained that the
"straight eight-year run" of price growth in the Italian market shows
no sign of slowing, which could be good news for potential investors
from Britain....
"It has been estimated that by the end of this year there will have
been almost a 30 billion euro increase in the value of the real estate
market in Italy over the last six years," she remarked.
Ms Williamson stated that capital appreciation is still supported
by the market and that "the fundamentals are in place" for future
growth.
The accessibility of certain areas of Italy has largely guided which parts have attracted the attention of investors, she added.
House prices in Italy rose by 6.3 per cent during 2006, according to Global Property Guide.
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