Business & Finance Investing & Financial Markets

Property on Le Marche Central Italy

Property in Le Marche region of central Italy extends between the Alte Valle del Potenza and dell'Esino, and covers the wine areas of Verdicchio di Matelica a delicious dry white wine and Rosso Conero a full bodied tannic red wine.
This region is served by marketers MarcheRustico.
com that market a wide selection of properties in Le Marche consisting of ruins to restore and houses in historical centres, casali or houses in villages, and working farms.
The benefits of investing in Italian property, especially in Le Marche region, are: oSecure investment potential as prices rarely fall nor do they inflate at unrealistic levels.
oSteady demand from discerning overseas buyers keep property prices at realistic levels.
oRecent tax changes mean overseas buyers pay low tax rates making purchasing even cheaper.
oPlanning authorities now insist on classical and rustic restoration of farmhouses instead of the modern, ugly and unattractive styles of 70's and 80's.
This change of policy has added considerable value to restored properties.
A variety of agents market ruins and farmhouses in all of central Italy.
Most properties are located in elevated positions with commanding views of the surrounding countryside, and are typical of farmhouse quality of properties in this outstanding area with some agents providing full customer service and turnkey operation.
Townhouses on the edge of a borgo (village) are popular choices with foreign buyers and, for example, in Tolentino townhouses in the every beautiful historical centre, some with inner courtyards will cost approximately (Euro) EUR60.
000 (USD 83,000 or GBP £57.
000) small but with cantina and kitchen/lounge, bathroom and one bedroom to (Euro) EUR150.
000 (USD 207,000 or GBP £143.
000) for kitchen and living rooms on three levels, cantina and 3 bedrooms.
Luxury properties are also available for EUR1.
000.
000 (USD 1,385,000 or GBP £955.
000) to (Euro) EUR1.
250.
000 (USD 1.
1731,000 or GBP £1.
194.
000) These are complete with exotic Italian designed gardens 6/7 bedrooms, double garages, swimming pools and solar panels to keep energy costs to a minimum.
All have stunning views over the town of San Severino Marche.
Agents Max Marche Property in San Severino, Tolentino and Ancona offer: oTurnkey solutions to avoid constant and expensive owner's supervision.
oa varied selection of realistically priced properties to suit all investment portfolios, oadvice on architectural design on the right choice of classical and rustic materials to suit the restoration of your choice othe services of a lawyer for tax and investment advice.
Investors are now recognizing the potential of restoring these large properties and converting them into apartments for holiday rentals, bed & breakfast facilities, wineries, biological farms and restaurants.
Conversions generate an immediate a 25% to 50% return on capital employed.
Property conversion is now in its infancy but growing rapidly due to specialist civil engineering studios like marketers MarcheRustico.
com and Studio Ingegneria Eugeni Fabio and Federici Massimo who have developed a reputation of excellence in property restoration and will help prospective buyers to wade through the complex planning consent procedures.
Due to the variety of property on offer, the proximity of modern facilities and the sparsely populated region, Le Marche Property is proving to be an interesting investment area with returns steadily growing at around 10% - 15% a year after the initial construction return of 25% to 50%.
The natural beauty of area, the friendless of the Marchigiana people and the abundance of art, theatre and recreational facilities all contribute to attract discerning investors.
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