British buyers looking to purchase property in Italy are finding that their indecision is causing them to lose out on “some of the best real estate”.
This is according to Linda Travella, of Casa Travella, who noted that a number of her clients are missing out on their ideal properties because they are hesitant to make a final decision.
She explained that the housing market in Italy has not suffered on the same scale as other areas of Europe as a result of the banking crisis. This means that Italian property prices have not dropped as much as in other countries.
According to Gabetti, the Italian Real Estate Franchise Group, the overall market in Italy is improving but is a little uneven, with high end and luxury property faring the best.
"Now is a great time to buy," said Ms Travella. "With 25 year mortgages on offer at low interest rates why wait any longer?"
The comments follow the release of figures from the Bank of Italy that show house prices in the country recorded declines of just 0.3 per cent last year, with some areas of the country even seeing values rise.
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