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You’ll be spoilt for choice when it comes to buying real estate in Italy but in the rolling hills of Tuscany, you can be sure to find that perfect home in Europe’s most seductive country.
Visitors and homebuyers are still in love with Tuscany, a fabled region of idyllic countryside and historic cities full of art, where properties are now more affordable than they’ve been for years.
Tuscany embodies all that is Italy. Here you’ll find Florence, Pisa, Siena, Lucca, and the quintessential landscape of cypress trees with a great supply of dreamy castellated hilltops towns and villages waiting to be discovered.
Tuscany has a long history of foreigner homebuyers but in the 1970s and 1980s, the countryside of the central Tuscany become a super-fashionable place to buy up old farmhouses. Most of them were British people, followed by northern Europeans and Americans. This is when the large presence of Britts built the legendary property market phenomenon of the"little England in the land of Italy", known as “Chiantishire” in the Chianti Hills area north of Siena
Although Tuscany has some of the highest-priced country property in the world, there are reports that some prices in the best areas, are now, perhaps, 15% lower than they were in 2008, making the current time a good one in which to buy. A reduced number of buyers, make the impatient vendors willing to offers below their asking price.
The fact that homes are only slightly cheaper here right now, after all these years of international recession, is significant of the exceptional stablility of the property market in this Region, and so Tuscany remains an extremely good investment.
Via Mariano Pallottini
