ERA Italy
Piazzale Lugano 1920158 Milan
ITALY
Fax: +39 02 393 59 441
Real Estate in Italy
The rate of home ownership in Italy is relatively high: 81%
at a national level (Istat, 2004). Italians are great savers and
strongly believe in investing in property for its certainty and
concreteness as an asset and traditionally have thought property
as a more secure investment than stocks or bonds. Although
relatively low rates of population growth limits the increase of
values in the residential market, this mentality, as well as low
levels of household debt and conservative lending practices, has
rendered the Italian real estate market less susceptible to
external shocks. Property is an especially attractive investment
in university cities and popular tourist destinations where the
residential rental market is stable.
Italian real estate brokers have to possess a licence to practice the profession, but the recurring sentiment is often that real estate agents have a low level of professionalism and, as a result, a low level of residential real estate transactions in Italy passes through real estate agents. In order to enter the ERA family, brokers are required to meet very stringent criteria. They are then monitored regularly by Italian Management to ensure the high international standards of ERA are maintained. You can count on our ERA Italy brokers to provide you top-quality service and professionalism that will fully satisfy all your real estate needs when purchasing or selling property in Italy.
About ERA in Italy
ERA Italy was constituted in
February 2008 on the initiative of Europa Risorse, one of
Italy's leading companies in Integrated Real Estate
Services. Europa Risorse's motto is "We make it happen" and
their philosophy is based on 5 precise principles: rigour,
transparency, reliability, motivation, and corporate
governance. Inheriting this outlook on how to do business,
ERA Italy foresees the opening of over 200 agencies
throughout the nation in the next 5 years. The selection of
the "founding members" is currently underway in the greater
Milan area, where the head offices are located, as well as
in other major cities in northern Italy.
