Famous wine region woos property buyers

mar bonnin palmer

When it comes to buying an apartment in Italy there is no end of choice of different locations for those looking to make the most of an investment.

From the historical and culturally wealthy main cities, through to the expansive coastlines, there are a number of ways to look at making the most of a second home or a rental property.

One of the approaches that is sometimes overlooked is investing in one of the famous wine producing regions. As with France, whole swathes of Italy are renowned the world over for the quality of their wines and the areas around the vineyards are ideal for those looking for an excellent climate and natural scenery.

Chianti is one of Italy’s most distinctive red wines and its beautiful landscape is increasingly becoming popular with those looking to buy a property in Tuscany.

Currently average prices range between €600,000 and €16 million with a mix of modern and traditional apartments and villas.

British residents make up a majority of overseas buyers although Scandinavian interest has been picking up considerably in recent years.

For anyone looking for a Spanish style holiday home, a beach or large town, Tuscany is not the place to go, focusing as it does on a type of country retreat set in an exceptional landscape.

As Chianti is so closely tied with red wine, enthusiasts of the produce of the grape make up a significant proportion of buyers. Chianti also grows olives, which are one of the chief exports from Italy.

The historic centre of Florence is nearby, with a full range of cultural delights ranging from cuisine to art galleries.

For those people who may be interested in the prospect of buying an Italian property, the best way to send money abroad should be of the utmost importance.

The exchange rates offered by banks are usually far inferior to those that a currency exchange specialist can access for you.

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