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Lake district in the north of Italy - Real Estate
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The estate market in these areas has given a lot of satisfaction, to the people who believe in its growth.
Exploiting the fluctuating trend of the stock exchange and the good interests of loans, the prices of the buildings in these areas doubled during these latest five years.
At present, the market is living a stalemate, the prices are considered high and the offer of building on sale is wide.
The only part of this market, which doesn’t pass crisis is that of the luxury buildings, both in the tourist resorts both in the chief towns of province as Varese, Como and Verbania.
In the tourist resorts as Laveno, Angera, Stresa, Arona, Monate Lake, Como Lake, Orta Lake it is more and more difficult to find interesting buildings because the people who put up on sale these type of |
houses are very rare and these buildings are very desired by the ruling class (managers, architects, doctors and industrialists) who look forward to relax after a hard working week, at a few distance from the cities in calm and relaxing areas with relatives and friends. |
In these areas the prices of the buildings don’t depend on the measurements, but they depends above all on the position (view on the lake, on the lake), on the finishing and on the dimensions of the surrounding garden.
This is an area really exploited by business men because it is very close to the biggest Italian airports, Malpensa and Linate in Milan, which is the strategic centre of the Italian economy. With the beginning of the new fair pole“Milanofiere", the international appointments have doubled. For this reason the province of Varese is making promotion to the people who want to open a hotel. During many periods of the year there is no place in the hotels for tourists and business men that come in these areas for work.
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This is the right period for an investor who wants to open a hotel in these areas, trying to exploit the facilities that the local admistrations are continuing to grant until they don’t reach a sufficient number of sleeping accommodation in order to satisfy all the needs of accommodation.
Here, there is a list of rough prices, in the most important towns in these areas and the fiscal indications in order to buy a building in Italy.
INDICATIVE TABLE CONCERNING THE PRICES FOR ONE SMQ IN THE MAIN TOURIST RESORTS IN THE NORTH OF ITALY
TOWN |
NEW IN THE CENTRE |
NOT NEW IN THE CENTRE |
TO RENOVATE |
GARAGE |
ORTA |
5000 |
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LAVENO |
2500/3000 |
1500/2000 |
1200/1400 |
18000 |
ANGERA |
1700/2000 |
1300/1600 |
800/1000 |
17000 |
LUINO |
2500/3000 |
1500/2000 |
900/1200 |
23000 |
ARONA |
2000/3000 |
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STRESA |
3000/3500 |
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RANCO |
1900/2300 |
1300/1500 |
800/1000 |
17000 |
MONATE |
1500/2500 |
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TRAVEDONA |
1600/2000 |
1100/1300 |
750/900 |
15000 |
VARESE |
2800/3200 |
2200/2400 |
1400/1650 |
18000 |
VERBANIA |
1800/3400 |
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