A growing number of overseas buyers wants to buy a house in Italy despite Covid-19
In spite of Covid-19 pandemic, the growth of international buyers interested in buying a house in Italy continues. In 2021, requests rose by 107.38% compared to the previous year according to 2021 annual report by Gate-away.com, the Italian property portal dedicated to overseas investors. Tuscany and Lombardy remain the favourite regions.
This confirms that despite the global situation there is a great desire to move to a country like
Italy investing in a place that represents for many the best quality of life combined with art,
culture, excellent food and landscape beauties.
26.19% of the requests of information for properties for sale in Italy through the portal from all
over the world came from the United States with a +135,06% compared to the previous year;
13.92% from Germany (+165.6%); 9.29% from the United Kingdom (+64,74%) and 6.26% from the Netherlands.
The most requested regions are Tuscany with 16.96% of all enquiries; Lombardy 11.07%; Liguria 9.11%; Piedmont 8.55% and Apulia 8.19%. Every region has seen an exponential growth in interest. Some recorded a 100% increase in requests: this was the case of Piedmont (+150,7%), Calabria (+110,23%), Marche (+136,28%) and Veneto (+105,11%).
The most requested properties by overseas buyers are mainly houses (76.34%) over apartments. A good 67.95% are those which are already restored/habitable. The property requests average value is also on the rise compared to 2020, which is now € 506,021.
"Buying a house in Italy is still a dream coming true for international investors because it
represents an improvement in their quality of life or a radical change of life,” comments the CEO of Gate-away.com, Simone Rossi. “In almost every field, from music to sport, 2021 was the year in which Italy was under the spotlight thanks to its many successes, and this is reflected also in the data of our report. As a matter of fact, since our portal was created in 2008, we have had strong evidence of how promoting abroad Italy in general and all its little gems more in particular, can be very effective in increasing the interest in the bel paese from all over the world."