Good news - I have been granted 'agreement in principle' for a mortgate in Italy. Now I just have to find a place.
So, as I will have to work for a few years to pay off the mortgage, and that is better done here than in Italy, I figured it would be best to invest in an apartment in or near one of the cities in the hopes that there is a good rental market in Italy.
Could anyone confirm or corroborate whether there is a decent rental market in the larger ½ûÂþÌìÌà cities? Also, if there are any pitfalls (other than squatting) that I should bear in mind, please tell.
Thanks.
Category
Property Sales/Rental Advice
Submitted by Anonymous (not verified) on Tue, 09/06/2005 - 09:59
If you don't rent it out through an agent aren't you supposed to be licensed or registered or something and, of course, the income will be taxable.