Two year high for Italian manufacturing!

Markit eurozone manufacturing data showed Germany hitting as three month low with France also performing poorly. Better news for Italy though which saw manufacturing hitting a two-year high; good news for the peninsula!

An Italian hamlet to call your own

Ever felt the desire to own a little hamlet of your own; a cluster of dwellings and some land on which to wander. Somewhere to accommodate guests at a distance; paying ones maybe?

Prato di Sotto is a perfect example; four restored and welcoming houses nestled in a wonderful garden and surrounded by Umbrian greenness. Pool, privacy, peace……perfect!

Prato di Sotto



Borgo Oli

If you fancy doing something up, then how about Borgo Oli a Tuscan hamlet consisiting of eight ruins on three hectares of land. If you have a few like-minded friends then maybe you could club together and have a property each or, if the budget allows, you could restore the properties and set up a frational ownership property, something like Borgo Di Vagli. Borgo Faulle is another example, this time with 30 hectares of land!

 

New to the market is Monte Castro. Strictly speaking it isn’t a hamlet but there are three buildings and, once you’ve seen it, it’s quite difficult to forget. 

 

Monte Castro

RESIDENTIAL SALES RISE IN ITALY IN 2014!

2006 was the best ever year for residential sales in Italy. As the graph below shows, from 2007 onwards there was a steady decline in sales, with a significant drop from 2011:

Figures show however, that the market is on the up finally, for the first time since the 2005-06 season, with residential sales in 2014 rising by nearly 10% compared to 2013, with a 7% rise in the last quarter of 2014. The quantity of mortgage finance issued in 2014 also bears out the evidence of an upwards trend, with a rise of over 30% compared to 2013. There is great confidence that 2015 will show more growth and continue the ascent.