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ITALIANS ARE BUYING AGAIN
An increase in the demand for financial help

ITALIANS ARE BUYING AGAIN  
An increase in the demand for financial help

Italians are starting to have more faith in the property market and there is an increase of activity.In the first months of 2017 there was a rise in requests for financial services needed to buy a property.According to the mortgage data from facile.it and mutui.it ,in the first three months of 2017 there was a 17% increase in demand for mortgages and further encouragement given by the fact that the granting of mortgages was up by 21% from the same period last year.
But what are Italians looking for exactly?The average financial request is for a sum of 130.000 euros to buy a property worth 224.000 euros.For the first time in years,the fixed rate 21 year mortgage is the most sought after.The average age of clients is about 40.
Regarding Tuscany in particular most Italian buyers are looking for appartments in old historic quarters,while foreign buyers are looking for luxury villas and country homes mainly in specific areas such as the Val d’Orcia.

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