Real estate remains a top investment category today, as evidenced by the past year. Despite the turmoil, the market has displayed resilience and steady price growth as increased demand for properties has been increasing. The HNWIs have seen a rise in their wealth due to low interest rates and strong financial recovery from the initial pandemic effects. These affluent buyers are looking for safer investment options, greater flexibility in terms location and more space to spend their time with their families. Lake Maggiore is extremely popular. It is clear that confidence has increased not only after the general rebound but also during the initial waves of the pandemic. Overall, the Italian market has spent more time in positive territory, as many European markets.
L'Italia is the most sought-after destination for luxury clients globally because of its rich history, high-quality of life and sophistication. These regions are being explored by clients from around the world. They seek out this intersection of features, amenities and connectivity.
Unexpectedly, the recovery has been rapid. The real estate luxury market in Lake Maggiore in Italy saw a dramatic increase in property sales since July 2020. The first place at lake Maggiore is still owned by international clients. The virus brought back the investment field, with Italians buying holiday properties. This year was the best for Swiss, Germans and Dutch. Previously, people bought at the lake Maggiore for investment, now they are purchasing more for private use. It doesn't matter how high the Return On Investement, people want their own space. They want to be able to live in it and have a part of both daily life and work. Families are now the priority. There is more space in the house, and there is more emphasis on quality of life. Due to the excellent weather and the wide range of amenities, Stresa and the other cities are most sought-after and needed. On the lake Maggiore, the luxury villas requests are growing rapidly, thanks to its green areas, close to the proximity to Milan, its international airport and the Swiss border.