ITALY STRIVES FOR LEADERSHIP Italy is successfully moving from being a laggard in the European real estate market to firmly establishing itself as one of the leaders. This was one of the most prominent ideas presented at the traditional Scenari Immobiliari 2024 forum, organized by an independent analytical company and held in Rapallo. The 2024 Real Estate Forum served as a central platform for...
Investments
Italy, the third-largest economy in the Eurozone, remains one of the top destinations for both tourists and investors. Despite challenges such as slow economic growth and significant public debt, tourism plays a critical role in the country's economy, contributing 13% to its GDP. Over the next decade, the sector is projected to grow at an aggressive annual rate of 6.5%.In the first half of 2024, the...
The stunning island of Sardinia in the Mediterranean Sea offers breathtaking beaches, crystal-clear waters, a rich history and traditions, and almost guaranteed sunshine all year round. From the Emerald Coast in the north, medieval Alghero in the northwest, the vibrant capital of Cagliari in the south, to numerous other picturesque towns, impressive granite cliffs, and unspoiled white sandy beaches —...
In 2024, Italy increased the flat tax for the ultra-wealthy people who move to Italy and change their tax residency from €100,000 to €200,000 per year. This tax was introduced in 2017 to attract the wealthy. Now its crease is due to the need to reduce the budget deficit, which far exceeds the allowable EU norms. Despite the doubling of the tax, for ultra-wealthy people with assets above 30 million...
In July, the Hospitality Forum 2024, dedicated to the hotel and tourism sector in Italy, took place in Milan at Palazzo Lombardia. Organized by Scenari Immobiliari and Castello Sgr, this event was held for the sixth time this year. The forum's program was extensive, with experts and operators from the hotel sector speaking throughout the day. The discussions were focused on investments in hotel real estate...
Due Diligence is a procedure for drawing up an objective idea for an investment, including an assessment of investment risks, an independent assessment of the property, a comprehensive study of the company's activities, a total check of its financial condition and position on market. It is usually carried out before the start of the purchase of a business, the implementation of a merger (accession), the...
We are often asked questions about how best to invest in real estate in Italy, is it necessary to open a company or is it better to purchase for an individual? First of all, you need to figure out the purpose of the investment - for resale or rental, residential housing or commercial premises (shop, supermarket, hotel). When buying commercial premises, it is almost always more profitable to register for a...
Sardinia - the second-largest island in the Mediterranean is a stunningly beautiful region of Italy that boasts a rich cultural heritage, breathtaking landscapes, and a thriving tourism industry. But it's not just a place to visit, Sardinia is also an attractive location for property investments, with an array of options for those seeking a holiday home, a retirement destination or even a primary...
What is happening in the Italian real estate investment market? 2022 has a turbulent start for investment in Italy. In the first three months of 2022, investments amounted to 3.4 billion euros, which is the best figure in the last 10 years, which averaged 1.5 billion euros over the same period. The main factors of this rapid development of the Italian investment market are the increased...