The multimedia tour, overseen by officials of Rome Province, was conceived by Piero Angela, a prominent journalist and the host of popular television programs about science on the state broadcasting network RAI. It is the first multimedia initiative of this kind at an archaeological site in Italy.
The narrator explains that congested traffic on the capital’s narrow streets was an issue then, just as it is in today’s Rome , and prime downtown real estate was every bit as sought after as it is now.
Friday, December 28, 2007
Saturday, December 22, 2007
Italy May Pass Budget Creating REITs as Property Prices Ebb
Italy may pass legislation as early as today to help introduce real estate investment trusts after a yearlong delay.
The parliament is scheduled to adopt Prime Minister Romano Prodi's budget, the second to include legal changes permitting REITs. The legislative tinkering has left property companies unsure of the rules at a time when declining property prices are making REITs less attractive to companies and investors.
The parliament is scheduled to adopt Prime Minister Romano Prodi's budget, the second to include legal changes permitting REITs. The legislative tinkering has left property companies unsure of the rules at a time when declining property prices are making REITs less attractive to companies and investors.
Saturday, December 15, 2007
Ninth Italian Brokerage Joins Global LuxuryRealEstate.com Network
Great Estate Immobiliare, a luxury real estate firm in central Italy, recently became the second Italian brokerage firm in the past two months to join the global LuxuryRealEstate.com network of more than1,400 brokers and firms. This is the ninth Italian luxury real estate firm to join LuxuryRealEstate.com.
“European markets are well-known for their luxury destinations, and I’m pleased to see a growing number of European brokers joining our network,” said John Brian Losh, CEO and publisher of LuxuryRealEstate.com,
“European markets are well-known for their luxury destinations, and I’m pleased to see a growing number of European brokers joining our network,” said John Brian Losh, CEO and publisher of LuxuryRealEstate.com,
Saturday, December 8, 2007
With high-speed train, Italy on track for increasing real estate prices
MILAN: Italy is, piece by piece, rolling out its high-speed rail network and - much like the oft-publicized Ryanair effect, in which property values rise as budget airlines arrive - many experts are anticipating real estate values to increase as the trains reach new locations.
The high-speed train service, known by the Italian acronym TAV, or treno ad alta velocità, already functions most of the way between Rome and Naples and a portion of the new Turin to Milan route opened two years ago. The rest of that route and the Milan-to-Rome service are scheduled to be operational at the end of 2009.
The high-speed train service, known by the Italian acronym TAV, or treno ad alta velocità, already functions most of the way between Rome and Naples and a portion of the new Turin to Milan route opened two years ago. The rest of that route and the Milan-to-Rome service are scheduled to be operational at the end of 2009.
Saturday, December 1, 2007
Italian property market continues to bloom
The Italian property market is witnessing its eighth consecutive year of growth, with no sign of price falls in sight, according to analysts Amberlamb.com.
The country has seen a €30 billion increase in the value of its real estate market over the last six years, with growth strong each year.
In 2003 the country saw growth of 10.6 per cent in average house prices, followed by 8.7 and 7.1 per cent growth in 2004 and 2005 respectively, followed by 6.3 per cent in 2006.
The country has seen a €30 billion increase in the value of its real estate market over the last six years, with growth strong each year.
In 2003 the country saw growth of 10.6 per cent in average house prices, followed by 8.7 and 7.1 per cent growth in 2004 and 2005 respectively, followed by 6.3 per cent in 2006.
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