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elcome to B&M Real Estate & Investments platform, powered by B&M Creative Solutions. We present our chinese and international customers a selection of unique real estate properties and investment opportunities. Through a network of property owners and niche local agencies we have direct access to astonishing residences mostly absent from the real estate market. We often combine the
research of a suitable property or an investment with a personalized travel experience in the most exclusive locations. Our range of investments includes private residencies, office buildings, commercial activities, land & vineyards, art collections, private equity, media and event start ups and more. Our portfolio can be browsed upon request.
Max Modesti - Ghione
Co-Founder
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INVESTING IN ITALY?
The time for buying bargain property in Italy is definitely not over. The Italian property market remains an exciting market to invest in.
With a highly active tourist market, investment property in Italy is an attractive prospect to the buyer. Due to its central position, Italy is easily accessible from most European capitals.
Not only are there large areas of “undiscovered Italy”, but also many knowledgeable investors are predicting that if you buy property in Italy now, you will be buying ahead of a surge of investors that will be heading to Italy in the near future.
Low cost airlines have opened routes to many of Italy’s regional airports; this is having a knock on effect on property prices in these areas, especially as there are many destinations in the hitherto less popular places.
Many of the new areas that are finding their way onto the property market are on the islands of Sicily and Sardinia where property prices are about 25% cheaper than on the mainland. The regions of Puglia, Le Marche and Abruzzo are also up and coming investment regions. In these areas bargains ranging from as little as £20,000.00 can still be found.
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NEW RENTAL PROSPECTS
For those who are interested in the buy-to-let market, the high tourist numbers coming to Italy are encouraging. Increasingly tourists are becoming interested not only in visiting the large cities, but in rural tourism as well. This bodes well for those who invest in converting old Italian houses into fabulous modern residences. There are government grants available for those undertaking renovation projects in rural areas.
The low cost airline revolution has also changed the way holidays are booked and holidaymakers tend to book over the internet. This has increased the demand for self-catering properties in these areas.
Foreign tourists are not the only market in Italy. Italians take great pleasure in enjoying their own country and make a point of travelling around it, therefore creating a strong internal market.
Investing in the north and around the lakes can double your rental prospects as you can benefit not only from the summer season but also from winter ski holidays. However remember property prices become more favourable the further south you go.
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NEVER SO FAVORABLE TAX LEGISLATION
Italy has recently reformed its tax legislation. There is no wealth or capital gains tax. If you take out residency it is possible to cut your property costs considerably. Investments in real estate properties can be executed directly, with acquisition of the property right by the individual/corporate investor (resident or not resident), or indirectly, through to the acquisition of interest in Italian real estate companies.
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ESTABLISHNG OF NEW FINANCE LAWS
The government has introduced new finance laws relating to the buying and selling of residential property between private individuals. Now the buyer declares the actual purchase price in the deed of sale but only pays tax on the difference of this re-valued rateable value. This helps to make the market more transparent and helps buyers not to become unwittingly involved in money laundering transactions.
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REASONS WHY ITALY IS AN INTELLIGENT PROPERTY INVESTMENT LOCATION
-Italy is a primary tourist destination.
-There is strong rental potential from both the tourist market and a strong internal market.
-Low cost airlines have put Italy at the centre of their growth.
-The property market is rising steadily up to 20% in “undiscovered” areas.
-There are still “bargains” to be had in some areas.
-There is no wealth or capital gains tax to be paid in Italy.
-Rural tourism is becoming a strong tourist market and there are grants for property renovation in rural areas.
-Investing in the north and around the lakes can double your rental prospects as you can benefit not only from the summer season but also from winter ski holidays. However remember property prices become more favourable the further south you go.
