Wednesday,
November 29, 2006
A View of
The
ANNOTICO Report
A
view of
Take
the very best that
That's
quite an accolade !!!!!
You'll
Never Beat the Italians
It's difficult to
visit
then your head and your wallet
will just have to agree
By
Maurice Newman
29 November 2006
Right, there's no
arguing with it. Don't even bother trying, it's a
waste of time. You can't win. And here it is, the
thing you can't refute - the Italians are the world's best show-offs.
It doesn't matter
how many investment properties you own. The small fortunes you spend each year
on Issey Miyake aftershave and Jean
So if you can't
beat them, what do you do?
That's right: You
join them.
And if you're
about to join the Italians, there's no point mucking about. Go straight to the
top. Get into
Should you be in
the lucky position of having sufficient funds to purchase an extravagantly
expensive Tuscan home, stop reading now and get on with it.
So what's so marvellous about
The food's
indisputably good. Take the best Irish-based Italian restaurant you've ever
eaten at, double it, and then half the bill.
The scenery's
fabulous. Take the very best that
Now put in trains
and buses that run regularly and on time.
So you get the
picture.
Simple Overseas Properties
are a well established, reputable Irish company that have
undertaken prestige property development all over
It's not easy
getting planning permission for larger scale projects in
Bagni di Lucca is, essentially,
a cluster of tiny villages. The main village is "La Villa". It lies
in a green valley at the foot of the
The development
here is called '
The most
surprising news about this development is the price. It is possible to get a
foothold on the Italian property market here from Euro 95,000 to Euro 275,000.
These are local prices. There will be Italian holiday home buyers expressing
interest in these units as well as Irish investors.
Nocchi is a small village built
around the natural springs flowing from the surrounding mountains. It is very
close to the town of
The development
here is in refurbished estate workers' homes. There is also an antique olive
press within the complex, and a stunningly attractive old chapel dating from
around 1750. The wonderful frescoes here, although a little faded, retain their
ability to inspire awe in those who visit.
Prices here are
more in line with what we have come to expect in Italian property, ranging from
3,800 per square metre. The 14 apartments available
here range in size from 60sqm to 220 sqm. It must be
said, however, that while the prices are fair for the region, the convenience
of the location of this development - and its sheer visual impact - cannot be
overstated. This is a very special opportunity that really has to be seen to be
fully appreciated.
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