Interest in overseas property for sale in Italy is on the up, following the busiest last quarter for four years for one local agent.
Italian property expert Linda Travella noted bookings have already been made for January, a traditionally quiet month for buyers, following a particularly buoyant fourth quarter of 2011.
Looking ahead, she predicts the first two quarters of 2012 to remain strong, with overseas property for sale in the €350,000 (£294,000) to €500,000 price bracket in highest demand.
"In general clients are realising that they will receive less income by putting their savings in the bank or pensions and have seen over the years that by investing in the right type of real estate in Italy they can obtain rental income whilst using the property themselves," she explained.
Ms Travella advised the best returns on property investment are seen after five years, after which owners will not have to pay capital gains tax.
Popular locations for property for sale in Italy include Tuscany, known for its beautiful luxury properties, while the stunning vistas of Maggiore, Garda and Como have proved a draw for the rich and famous.
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