Tag Archive | "Italy"

Hotels in Italy Perform Well in 2011

Italian hotels enjoyed a successful year in 2011 despite an overall weakened economy. While not every market experienced a year-over-year increase, the majority did. The positive growth in the hotel industry in Italy was largely based on the revenue generated per room, as well as the occupancy rate of the hotels in each region.

Italy’s overall economy has struggled over the past year, as the European debt crisis has caused lenders to tighten lending, and investors to remain on the sidelines. As such, the majority of real estate sectors has either remained stagnant, or experienced a decline.

The commercial hotel real estate market in Italy, however, experienced a strong increase in supply and demand thanks to increased profits. Over one hundred new hotels were added to the Italian market in 2011. Hotels were also added in eleven regions of the country that previously did not have a strong hotel presence.

The booming hotel market indicates that there is still tremendous international interest in Italy despite recent economic struggles. Many countries in Europe are experiencing similar trends, as investors from Asia look to diversify their real estate portfolios. Furthermore, tourism continues to remain a driving force in many areas in Italy, both for the nation’s historical significance, and also its beautiful landscapes.

The hotel industry will likely continue to produce strong results during the following year. Analysts, however, are not nearly as certain nor confident in the other real estate sectors. The overall performance of Italian real estate largely depends on the severity of the debt crisis, and how lenders and investors continue to react.

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Commercial Real Estate in Italy Displays Potential for Growth

While Italy’s real estate market has shown minimal growth in the last five years, and the European continent faces another looming debt crisis, many analysts believe that the Italian commercial real estate market is set for moderate to strong growth in the coming years.

Analysts and investing experts believe that the Italian commercial real estate market will begin to show signs of growth in 2012, and will likely continue its positive performance for a few years to come. They believe that, as worries of another European debt crisis begin to fade, more international investors will look to Italy as an excellent place to invest in real estate.

Italian commercial real estate properties are considered at this time to be stronger than those in France and Sweden, as they currently offer more profit potential. It is that potential that will likely lure international buyers. Retail shopping centers are likely to post strong numbers, and office space will likely grow in demand in the coming years.

More shopping centers and offices are likely to be built in some of Italy’s bigger cities, making them premier choices for property investment and development in the country. While Italy’s multifamily market is not as strong as other countries, its retail and office real estate markets offer some of the best potential profits in the world.

The positive growth of Italy’s commercial real estate market will certainly bode well for the rest of Europe as well, as it will indicate a sign of recovery from the current debt crisis that has threatened the continent over the past year.

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International Investors Taking Serious Interest in U.S. Real Estate

While most United States citizens are shying away from buying a home due to the troubled economy, many foreign homebuyers are considering now as the perfect time to buy property in the United States real estate market. As prices continue to fall, particularly in prime cities and warm areas alongside the ocean, international buyers, from such countries as Brazil, Canada, Russia, and China, are buying properties at astounding rates.

Home values in the United States have fallen over thirty percent in the last four years, and some analysts believe that they will fall even more before the real estate market finally hits rock bottom. Part of the reason as to why prices have dropped so dramatically is the number of foreclosures that continue to hit the market.

Not all international investors are buying homes in the United States with the intentions of living in them. Rather, they are seeing these properties as excellent rental investments. Many current homeowners are leaving their houses in favor of renting, which is making the rental market more and more lucrative.

Because the dollar is still strong, and market values are depressed, many Canadians are intrigued by the United States housing market. In fact, recent surveys have shown that as much as twenty percent of Canadians are considering buying property in the United States. Many of those that said they were interested prefer southern states like Florida. That should come as no surprise, however, as the majority of those buying property in Miami are foreign investors from Canada, Italy, Russia, and Dubai.

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