October 30, 2007
The romance of Italy lures Brits
Italy is considered a gem, a dream destination for holiday getaways, but now, more and more vacationers are considering staying in Italy for good. Many are dreaming of buying a house in the romantic region of Tuscany,
The romantics and the art lovers are drawn to the Roman ruins, the structures of history, Renaissance art, regal architecture, the majestic mountains, placid lakes and idyllic islands. No doubt a place of romance, Italy is also known for its pebbled streets fragrant with lemon trees, Bougainvillea and olive vines. It is also known for exceptional wine, fantastic cuisine and great shopping.
For the nature lovers, Italy has sandy stretches on the southern coast and Sardinia or ski resorts in the Alps. Artists flock to the art galleries and museums and explore the works of Michelangelo and Leonardo da Vinci.
For the Brits, Italy has something even more to offer. Beyond beauty and romance, British property buyers see Italy as a country of value. For one, the cost of living is relatively low. In major cities, the cost of living is similar to Britain. In general, Italy has a slightly lower cost of living compared to that of other northern European countries.
On top of that, Italy is praised for their health plans and services. Transportation infrastructure is also impressive. Italy adopts stricter planning regulations compared to several other European markets. Brits planning to move to Italy will also appreciate the fact that there is no capital gains tax on property profits.
“Italy offers some stunning scenery and a vast choice of properties. With cheap flights to many of its cities and with Italian property prices still reasonable you can see why many Europeans are heading to Italy to buy a second home,” states Sarah Child, property agent of Each Property. According to Child, Italy has long been a firm favorite with British property investors who love the culture, food and history that the country offers in abundance.
Posted on: Italy
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