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The fire-sale, which lured international buyers as far as the Middle East, has helped to revamp the local economy with an influx of 20 million euros (around $21.8 million,) says Cacioppo.
Italy’s one-euro-home sales have attracted interest in recent few years, but towns like Patrica, located south of Rome, have struggled to offload their empty homes.
Luxury Real Estate [ edit ] The word itself luxury derived from the Latin luxus , and associated with real estate, indicates today in Italy, a category of properties of particular value and of high historical and artistic value.
The village of Ollolai, located in central Sardinia, is offering real estate for as little as $1.06 in a pitch to woo Americans who fancy the ex-pat lifestyle in the wake of the Nov. 5 election ...
Naples is Italy's fourth largest city in terms of economic size, coming after Milan and Rome and Turin. It is the world's 105th richest city by purchasing power, with a GDP of $69 billion. [ 1 ] The economy of Naples and its surrounding area is based largely on tourism , commerce , industry and agriculture .
It was, in fact, a land rich in fruit trees, especially walnuts and apples. The first modern residential nucleus dates back to the second post-war period, but the real building boom took place only in the twenty years of the 70s and 90s (over 80% of the buildings date back to that period), when the neighborhood was established as the 21st ...
Posillipo (Italian: [poˈzillipo]; Neapolitan: Pusilleco [puˈsilləkə]) is an affluent residential quarter of Naples, southern Italy, located along the northern coast of the Gulf of Naples. [ 1 ] From the 1st century BC the Bay of Naples witnessed the rise of villas constructed by elite Romans along the most panoramic points of the coast, who ...
Mercato (Italian for "market") is a neighbourhood or quartiere of Naples, southern Italy. It is in the southeastern part of the city, bounded by the industrial port of Naples on the south. At the centre of the area is the Piazza del Mercato or "market square", the medieval marketplace of the city.