Investing in Sicily, Italy Property and Real Estate - An Opportunity For Overseas Home & Villa Buyer

Sicily, Italy is the only Mediterranean island which has yet to become a tourist trap. This means that prices are still lower than some other destinations, and for now, more peaceful environment -. Another with a lot of culture with an excellent climate, food and beaches

With the introduction of new euro 2nd January 2002, in 12 countries (known as the euro zone), there were many questions about how Italy's involvement with the change of the Italian lira to the euro will affect the economy as a result, property and real estate prices. Prices in Sicily, in fact, have risen quite strongly since 2002.Stan owned by a friend in Athens city center, for example, increased from EUR350, 00 to EUR500, 000 and other properties have risen similarly. This trend is similar in UK and Irish markets, and if it happens in countries like Malta.

With the increase in price, is it still worth investing in Sicily in 2006 and 2007?
Personally I think it is still a viable investment area, and when you consider that tourism is still in its infancy in Sicily, but more and more airlines and companies begin to include a package of Sicily as a destination, an investment interest can only increase. In the last two years, British Airways, Ryanair and Air Malta all have launched new direct flights to either Palermo or Catania, Sicily.

Sicily and mainland Italy stable in terms of political stability?
Berlusconi is now out and sell it in. That is to say, of course, that the loss of power that Berlusconi will not change things, but many investors I talked to a stranger that makes you feel very positive with the sale now in power. The Italian economy has been one of the worst performing in Europe, thus introducing the Berlusconi Prodi is seen by many as a sign of hope in change.

If you are looking at buying in Sicily, Italy, there are many advantages and disadvantages, so carefully consider and think about what it is you are looking for.

Pros:

- Big Time
- Delicious Food
- Beautiful beaches
- Loose mentality

Cons:

- an infrastructure that is still missing and poor public transport
- Few people speak anything but Italian (so you really need to speak some Italian)
-. Maybe a little isolated for some of the people from the mainland of Italy

make sure you do your home work and do not have a fluent Italian speaker verification of all documents when buying. There is a saying in Italian, which loosely translates to say that if you cheated, you are at fault for allowing myself to be an advantage. Enjoy food, long hot summers, eating fresh fish on the porch, but learn some Italian and have a good lawyer.