Italian property sector 'worth investment'

The Italian property market offers good opportunities for investment, despite its reputation of being risky, according to a report from Henderson Global Investors.

While the nation has been hampered by slow economic growth, the company suggests that there is more to the country than meets the eye, people interested in Regione Abruzzo property or property in Sicily will be pleased to hear.

The analysts' report points to the fact that Italy has the seventh biggest global economy and is a member of the European Union as well as having a stable level of public debt and a resilient banking system, reports Property Wire.

"It becomes obvious that a closer look at the Italian economy reveals a rather more differentiated picture often missed by international observers. As far as the property market is concerned, inside and outside views on Italy can be widely divergent. Foreign players mainly see risks, whereas locals praise the achievement of relative market stability," said Stefan Wundrak, European research manager at Henderson Global Investors.

He added that investors who ignore the Italian property market could be "missing a trick".

Last week, it was reported that gross domestic product (GDP) rose by one per cent across the eurozone during the second quarter of 2010, which is good news for anyone thinking of investing in Italy.
 

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