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Article:
Property Opportunities in the Italian Lakes
By Amiento Grend of Few
Italy
The Italian
lakes have been popular with travellers, ever since they were considered
an essential stop on the Grand Tour of Europe made by young Aristocrats.
The area shows a strong influence from Rome, and finally became
part of Italy under Unification in 1859, it had formerly been part
of the Austro Hungarian Empire.
There are strong
transport link with France , Switzerland and Austria and have close
proximity to the Italian ski resorts of Bormio and Livigno to the
North.
Being situated
in the foothills of the Alps to the North winters can be cold, but
many Italian come to the Lakes in the summer to escape the stifling
heat of the south.
The area is
ideal for property investing as it is an all year round resort,
sunny in the summer, close proximity to the Alps in the winter,
plus within easy driving of Milan and the world famous Opera at
Verona. The number of flights to this area, from all over Europe
are increasing all the time, which should lead to greater numbers
of tourists to the area.
Where to Buy
If you decide
to buy in the area, first determine whether you are Buying to Rent,
retiring or bringing the family to live. If you plan to rent your
budget will determine your best location. The area is served well
by hospitals and Schools. Due to the all round nature of the area
there is great demand for rental properties.
If you have
to earn a living in the area, speaking Italian will help, especially
if you want to find work in Milan. Alternatively you could set yourself
up as a relocator, provide holiday lettings or run painting or cookery
courses.
The market is
considered fairly mature, by Italian standards, but there is still
demand from Investors who are looking at the lakes rather than the
crowded coasts of Spain. As a guide Italian House prices rose 8
~ 10% in 2003.
A Brief Guide
to The Lakes
Lake Idro: It
is popular with windsurfers and being the highest of the Lakes,
it is used to generate Hydroelectric power.
Lake Garda:
This is the largest of the lakes and the most commercially developed.
It has steep rugged cliffs at the north end of the lake and softer
hills at the south end.
Lake Orta: Sailing
regatts are held on the lake each summer.
Lake Como: The
lake is formed by three long arms which join at Bellagio. The lake
is served by a number of boats, There are many beautiful walks around
Como that the visitor can enjoy.
Lake Maggiore:
Considered the least spoilt of all the lakes with the Swiss town
of Locarno situated at the North end.
Lake Iseo: Popular
with sailors, with a Iseo a medieval Village along its shoreline.
Lake Varese:
Famous with Artists and painters who much admired the scenery. Objects
from prehistoric dwellings have been found on the shoreline.
The lakes of
Northern Italy are a beautiful place to live, but the pace of life
is fast and cosmopolitan, don't look here if you want a slower pace
of life. There are good investments to have but do your homework
and look carefully.
---
Amiento Grend
is the owner of Few Italy, which is a premier resource for Italy
information. For More information go to: http://www.fewitaly.com
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