House Abruzzo

The popularity and interest in properties in Abruzzo was up and was like this for a few years thanks to good promotion abroad by the Territorial Administration and several Britons who have decided to invest here inside, attracted by relatively low prices and beautiful scenarios. But the earthquake on April 9 radically changed everything.



The huge earthquake and the huge amount of damage it has caused has been seen by millions of people, a high interest amplified by the G8 as media from around the world followed the great figures walk through rubbles and promise to sponsor the reconstruction of this monument or church. But if the media does give a good visibility in Abruzzo, on the other hand gives the impression that the area had been completely destroyed, instead of highlighting the fact that the earthquake was located in the city of The Aquila and its surrounding cities. This prompted tourists and property buyers away from Abruzzo, who diverted their interest in the neighboring region of Marche and other parts of Italy. This caused the economy of Abruzzo greater damage than the earthquake itself.



Much less than expected, both market Abruzzo has been affected by all these factors, reducing the number of inquiries by 19% during the eight months immediately after the earthquake. The decrease was greatest during the first four months to rise slightly in the last four months of 2009.



The renewed interest in the last months of the year gives a wave of optimism and hope that the property in Abruzzo and will overcome the difficulties will arise again in 2010. This optimistic scenario is supported by the fact that the number of requests sent to the properties of Abruzzo, on January 09 are up 42% compared to January previous year.



Most interested are Americans and British, which represents 39% of investigations, but a great interest also comes from Germany, Belgium, Netherlands, Sweden and France (all share the 42% of applications). Generally, applications are for properties in restored or habitable condition (61%), with 2 bedrooms (44.9%), with an average price of 159,850.



For all those interested in restoration projects Abruzzo is the perfect place to watch, both for the wide availability of goods in need of restoration and pleasant style properties that have in the field, giving the new owner the chance to end up with a beautiful and dignified piece of real estate, but we must not forget one very important fact, that property prices in Abruzzo are still below the Italian average.



The price of a country house to restore approximately 100 square meters is about 80/100, 000 although it is fairly easy to find much better deals if you look good. On the door-away.com site listed country house this size in Abruzzo with prices starting from only 50,000, much less for something small.



Abruzzo interest investors not only for its price, but also for its high mountains (the highest in central Italy) with the magnificent ski resorts with a beautiful coastline. The average price for a comfortable 1 bedroom apartment on the seafront is about 100/120, 000, which can be perfect to be rented as a vacation rental. To give an idea of the income from such investments can generate, the rental rate for this type of apartment (depending on the shape away from the sea) can range from 200/300 per week during the low season for 1000 / 1200 per week during the high season. The rental season can go from May to October, although the weather can be very good also in April and November.



What impresses visitors Abruzzo is the true approach that gives this land, from the population to food, very tasty and a very good price. Nature is students.