Sunday, September 2, 2007
Italian property market remains "steady"
According to Annie Temple, managing director of overseas estate agent medpropertyshop.com, the Italian government deliberately limits property construction in order to keep the market "steady" and ensure that it does not become "overrun".Consequently, getting permission to build a house is "very, very hard" in Italy, while even slight alterations to homes in areas like Tuscany are usually not allowed because "you can't change the outside of old properties".Ms Temple stated: "Italy's a steady country; it's not a boom and bust country.
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