Market analysis
This section is created with the intention of analyzing, besides the Italian situation, the economic and property market situation of some Countries that are in our opinion susceptible of having a great growth and an economic development.
The financial crisis, of who we hear speaking at every corner has an almost global dimension. US , Europe and their satellites for first are the ones mainly hit.
Compared to other European and extra European countries situation, for Italy, as said by experts and by italian newspapers such as “Il Corriere della Sera” for example in the article “Tremonti: financial Crisis” << For Italy the risks remain contained>>, the international financial crisis will not damage the italian economy << the risks for Italy are still contained >> and this is valid both for banks and insurances. Moreover, according to Tremonti, the Italian Minister of the Economy, << the banks have a proper liquidity >>. Considering these positive statements as the real image of the Italian situation, this doesn’t means that are country, Italy, and our bank system in a near future will not be in a situation of great difficulty.
The financial boost, following the path of the current and announced Italian growth 0, shows contagious effects even here in Italy. For the majority of small and medium money savers there are not many last hopes to get anchored to. Italy is living days of great uncertainty in many fields.
In these times we so ask ourselves if a safe investment exists? How many times have you heard “ I bought a house and after 10 years I didn't had a revaluation?” Definitely Never !
This is why, with the great waves of the stock exchange and the banks in liquidity crisis, maybe investing in properties remains the best way to invest the money. This because a house it's an immovable and solid good, and despite the market crunch and the continuing swoops of the stock exchange properties remain always something sure on which invest.
So the idea to accept contained earnings protecting the invested capital seams to be a common thought for many now days.
Even data demonstrates this. According to a research of the Eurispess “ Italians and the economic expectations for the future”, done on a sample of two thousand people from 18 to over 65 years old, fully representative of the italian population, savers point firmly on solid investments: the 42,5%, if had some cash to invest, would opt for properties, the 24,5% decides to put the money in a bank account and the 11,4% prefers to invest in government securities. Only the 7,2% of the italians invests in the stock exchange. The 14,4% of the italians does not express, uncertain on the future.
But, despite the different quantities of personal liquidity, in what property is worth to invest in Italy?
In our opinion, is worth investing in high quality properties mainly sited in typical locations and that have a touristic background. Italy continues to be appreciated by tourists from all over the world.
Obviously each tourist or buyer and each market presents its own characteristics: a german tourist has different demands and expectations compared to a British or Russian tourist, and everyone has to be served with the right product.
In Italy there exist some realities that more than others are due for these specific subjects. Capri, Portofino, Forte dei Marmi, Siena, the Chianti in general, Lake of Como, Lake of Garda etc.. apply, even for price reasons, to an elite market where the crisis has made herself less heard ansd where there is always going to be the interest from international buyers for their particular lifestyle.
Despite that, thought exist some countries that for their adopted political economy, the lower tendency to the market openness ,the presence of a strong interior market in faze of expansion and development and/or in way for their less bank institutional development that seam to be effected by crisis in a lower way in comparison to other countries. These countries are the well known BRIC's (Brazil, Russia, India and China),some Eastern Europe countries and some countries of the Asia Continent.
Due to the great interest of our company for some of these countries this space is for these reasons committed for the research and the analysis of their economic situation, given that despite the global slump, these countries are predisposed to have a great and anyhow major economic growth and a strong real estate expansion in comparison to the italian reality.
