The number of Brits electing to holiday at home during the recession is leading to bargain rentals for those wishing to trial Italy property, it has been claimed.

Recent statistics from Domegos.co.uk have shown a 157 per cent increase in holiday homes entering the rental market, meaning those wishing to experience life in an Italy property may be spoiled for choice.

Co-founder and director of Domegos.co.uk Dennis Klett commented: "Many people have a house abroad […] [and] they have more incentive to rent it out, to make some money, to cover the costs.

"Europe has been a huge market for a long time. [In] countries like Denmark or Germany, renting out a holiday home is a common thing […] our strongest market is UK, Germany and Italy currently, and Spain."

The company’s research fits with recent statistics published by Travelodge, which showed that only 27 per cent of Brits are planning to holiday abroad this year.

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