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Updated almost 3 years ago on . Most recent reply
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Investments in Italy
Hi everybody!
Just found this website, how is your experience here?
I'm looking for investors in Italy :)
Most Popular Reply
@Marielle Walter, if you do not speak Italian or have relatives that can translate on your behalf - it will be a very expensive process. Both, administratively and through miscommunication throughout the renovation process. Even if you are familiar with renovations in North America (I was) it is COMPLETELY different in Italia. You are dealing with older architecture, different electric consumption methods and regulations, different water consumption methods and regulations.. The 1€ properties are nowhere close near worth that much, and are usually located in extremely rural areas.
I don't say all of this to deter you - I say all of this to help you manage your expectations. Italy is beautiful, but things are not easy and take at least 5x as long as they normally would in North America. (In my experience)