Wetag Consulting Immobiliare is a boutique real estate brokerage in Locarno, Ticino, Switzerland with branch offices in Lugano and Ascona. The company features a broad selection of well selected properties focusing on the luxury segment of the real estate market such as luxury villas, apartments, penthouses and estates. This blog covers news, ideas, and information pertaining to this real estate marketplace and local lifestyle.
Real estate in Italy – Is now a good time to buy?
Posted
Fri Nov 14 16:32:00 UTC 2008
As bad news of financial turbulence and the impact on the economy is continuing to hit the newsstands, people might feel that this is not the right time to invest in their long-planned vacation home or investment in Italy. But there is no question that there is quite a potential to negotiate on prices particularly if there is a real need to sell. Paul Hudson took the temperature of the property market in Italy and reported a few increasing markets as well. In his report, he stated the Lake Como region and its surroundings being one of the regions which are most stable in value and where we have seen a slight increase in prices too. Ticino, the southern region of Switzerland is bordering right on northern Italy. Lakes in Ticino like Lago di Lugano, Lago Maggiore and its valleys are famous for its lifestyle, and prices on the Swiss side of the lakes are still stable and will continue to remain on that level.
Posted By: 
Peter Rabitz
Comments
Wetag Consulting is the exclusive affiliate of Christies Great Estates, Leading Real Estate Companies of the World, Luxury Portfolio for the canton of Ticino, Switzerland’s most southern state and is also founding member of EREN – the European Real Estate Network. The areas Wetag Consulting serves are the well-know three big lakes of Lago Maggiore, Lago di Lugano and Lago di Como which are famous for their Mediterranean climate and Italian influenced lifestyle and all of the surrounding valleys of the Southern Alps.
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