We are at the end of the year and it is time to take stock.
2019 closes in positive terms, thanks to the increase in property sales on the Lake Maggiore market.
What gave more liveliness was the luxury market, thanks to the ever-high demand from foreign customers.
This slice of the market fluctuates around 80% and is made up of customers who purchase luxury villas. In fact, they come from Switzerland, Holland, Germany.
Finally, albeit with a slowdown due to Brexit, also from the United Kingdom.
The houses for sale, object of purchase, are partly used as main residence, for next or retired customers and partly as second holiday homes.
The domestic market also recovered.
Mainly the houses bought by the Italians are properties that are partly used personally or as investment houses. In fact, many two-room and three-room apartments are offered for rent, for weekly rentals.
The villas for sale on Lake Maggiore have a price range between € 500.000 and € 700.000.
Different chapter, for the luxury villas for sale, such as the historic villas that start from a million upwards, in some cases for the exclusive villas of Lake Maggiore they reach 15 million.
Although the number of transactions has increased, prices remain stable compared to 2018. This trend is particularly favorable, as it continues to stimulate customers to purchase a property on Lake Maggiore.
Another incentive to purchase is the positive conditions of the banking market, which is interesting for Italians. Apart from a few sporadic cases, foreigners generally have the necessary liquidity
We observe an increased search for properties to buy even in autumn and winter. Thanks to this trend, the purchase of houses in and around Stresa is no longer tied to seasonality.
This allows you to evaluate the properties even in the seasons less favorable to the tourist flow.
Stresa has always been the most sought after and well-known area, with the heritage of its beautiful period villas. But also the whole area of Lake Maggiore that goes from Arona, passing through Lesa, Belgirate, Verbania up to Cannobio is very attractive.
Let's see an interesting 2020.
Our predictions for 2020 are positive. However, no price increases are expected, so Lake Maggiore remains a highly attractive destination. More and more media praise its beauty and contribute to the dissemination of knowledge worldwide.