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The Italian Lakes an Ideal Property Investment
Amiento Grend   

Overview
The Italian lakes have been part of Italy since Italian unification in 1859. Before that it had been part of the Austro Hungarian Empire and also under the influence of Rome, which can be seem everywhere in the area. It has also been a popular place to visit since it was considered an essential stop on the Grand Tour of Europe made by young Aristocrats.

From the lakes you can easily reach the Ski Resorts of Bormio and Livigno in the North. To the south is Milan and there are good transport links with France, Switzerland and Austria.

The lakes are situated in the foothills of the Alps, which makes the summer days warm but without the stifling heat of the rest of Italy but the winters can be cold.

The area is ideal for property investing as it is an all year round resort, sunny in the summer, close proximity to the Alps in the winter, plus within easy driving of Milan and the world famous Opera at Verona. The number of flights to this area, from all over Europe are increasing all the time, which should lead to greater numbers of tourists to the area.

Where to Buy
If you decide to buy in the area, first determine whether you are Buying to Rent, retiring or bringing the family to live. If you plan to rent your budget will determine your best location. The area is served well by hospitals and Schools. Due to the all round nature of the area there is great demand for rental properties

If you have to earn a living in the area, speaking Italian will help, especially if you want to find work in Milan. Alternatively you could set yourself up as a relocator, provide holiday lettings or run painting or cookery courses.

The demand for property is high as Investors look at the lakes as a better place to invest than the Spanish Costa~s. Italian property prices rose 8 ~ 10% in 2003. Price rise slower in the lakes as the market is more mature.

A Brief Guide to The Lakes
Lake Idro: This is the highest of the Lakes. It is popular with windsurfers and is used to generate Hydroelectric power.

Lake Garda: This is the largest of the lakes with steep rugged cliffs at the north end of the lake and softer hills at the south end. There are many nice villages along the lake but it is the most commercially developed.

Lake Orta: Sailing regatts are held on the lake each summer.

Lake Como: The lake is formed by three long arms which join at Bellagio. The lake is served by a number of boats, There are many beautiful walks around Como that the visitor can enjoy.

Lake Maggiore: The north end of the lake is in Switzerland. It is the the second largest lake and is considered the least spoilt.

Lake Iseo: Along its shoreline is Iseo, which is noted for its medieval character. This lake is particularly popular with sailors.

Lake Varese: The lake has provided a number of prehistoric objects along its shoreline and was most favoured by Artists and painters who loved the scenery.

The lakes of Northern Italy are fast paced and cosmopolitan, it is a beautiful place to live plus a profitable place to invest. But remember there are few bargains to be had, profitable investments are still available if you are prepared to do your home work and look carefully.


Amiento Grend is the owner of Italy Portal, which is a premier resource for Italy information. For questions or comments about this article please visit: http://www.fewitaly.com


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