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Updated almost 7 years ago on . Most recent reply

User Stats

307
Posts
118
Votes
Michael Lemieux
  • Investor
  • Deerfield Beach Florida and Tupper Lake, N.Y.
118
Votes |
307
Posts

Buying property in Sicily

Michael Lemieux
  • Investor
  • Deerfield Beach Florida and Tupper Lake, N.Y.
Posted

Just curious, BP nation, has anyone bought property in Sicily? We are currently in Sicily and there are many old, run down, abandoned properties here. One of which used to belong to my wife's father's family. It's a "re-habber's dream", or possibly nightmare. I was wondering about how oneself would possibly go about acquiring it and getting anything done sooo far from home?

Any thoughts? Thanks.

Most Popular Reply

User Stats

63
Posts
19
Votes
Andrea P.
  • Rental Property Investor
  • Roma, Italy
19
Votes |
63
Posts
Andrea P.
  • Rental Property Investor
  • Roma, Italy
Replied

I am an Italian who spent few year in the US.

Friendship in Italy are like the money in the US.

I trust in my Property manager in the US just because I pay him and he has local competitors. Rather than trusting in the PM itself, I trust in the competition among them.

In Italy (especially in the south) you could trust in a PM just in case you intimately know him. You have to trust in the person not in the market.

That is my very personal opinion.

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