The property market in Italy is expected to remain much the same during the first half of next year, experts are claiming. There is currently an increase in the amount of interest in the country’s property market and this is expected to carry on well in to 2012.

Linda Travella has worked in Italy’s property industry for over twenty years. She has also predicted that the amount of interest will continue, saying; ”The last quarter of 2011 is the busiest it has been for four years, with a surprising amount of enquiries and sales of Italian property.”

The interest in Italian property is not just from UK buyers however, there are also many Russians, Canadians, Norwegian and Swiss investors who are pondering a purchase, with the hope that a reasonably good capital can be gained on the property. Keeping the property for three years should generate a good return, though tax benefits are better once you have owned a property for five years or more.

If you are thinking of buying a property in Italy, then you may want to bear in mind the property tax on first homes which has been reintroduced by the Italian government since the former prime minister, Silvio Berlusconi abolished it.

To understand the full step-by-step process to buying a property in Italy, collect The Overseas Guides Company’s ‘Italy Property Buying Guide’