The Le Marche, Italy, Property Market

Normally at this time of year the property market in Le Marche, much the same as in the rest of Europe has still yet to show any signs of life. But this year, even with all the financial turmoil throughout the western world, the market seems to picking up early with local estate agents reporting many enquiries and visits already planned to the region.To help with planning a trip or if you are just in the early stages of your Italian property search I have come up with five good reasons why it is a good time to think of buying a property in Le Marche. Whether a farmhouse with land for a holiday or retirement home or a village house for rental purposes, I hope these five reasons will be of help.Relatively Low PricesDespite all the recent financial turmoil throughout the USA and Europe and also the recent weakness of Sterling against the Euro, prices of both Rural and Village properties in Le Marche are still less than half the price of similar properties in Tuscany and also 30% cheaper than neighbouring Umbria.Low Cost FlightsOver the past eight years since the introduction of low cost flights, many thousands of derelict farmhouses and also decaying and abandoned village houses have been sold to non Italians mainly from the UK, Germany and Holland.Even so there are still many thousands of beautiful properties for sale, but over the next couple of years most of the best bargains and finest properties will finally have been refurbished and sold.Improved Property Buying SupportThe property market is maturing quickly in Le Marche and the local agents are becoming bigger and using techniques that are new to them, but that are common practice in the UK.As this happens, vendors are becoming better informed about the prices they should ask for their properties. As this spreads throughout the Le Marche region, bargains and little overlooked gems are becoming less and less common to find.Increasing AwarenessLe Marche is becoming much more well known to the outside world and also to a lot of Italians from Cities such as Milan and Rome. As Le Marche's fame spreads there has been a dramatic increase in clients looking for properties in the region than there were even two or three years ago. Many hilltop villages are experiencing a renaissance with many of the historic houses being purchased by well off Italians from the North, especially if there are close family links.Building Industry RecoveryThe building industry in Le Marche has also blossomed over the last few years and has grown enormously to cope with the increased demand.For a few years after the devastating earthquake in Foligno and Assisi in neighbouring Umbria, many builders from Le Marche relocated there to carry out restoration work on damaged properties, mostly funded by the Italian Government.Many of these local Le Marche builders and Artisans have now returned to the region and are now very skilled and equipped to restore all types of properties, from the largest Palazzo to the smallest village house.Taking all these points together I hope you can now see why it is a good time to plan your trip to Le Marche and if I would be delighted to help you find your dream property for sale in Le Marche.