Sales of houses in Italy will "fall slightly" in 2012, Nomisma has declared.
Abruzzo is Italy's most popular region for property, according to TheMoveChannel.com's At a Glance infographic. The infographic, which displays buyer activity on the overseas property portal from the last 12 months, shows that Abruzzo attracted the most attention, receiving 24.09 per cent of enquiries for Italian real estate since April 2011.
The growing value in European property was underlined after the biggest US real estate investment trust (Reit), Simon Property Group, completed its acquisition of a 28.7% stake in Klépierre, a French property company, for an estimated $2 billion (£1.2 billion).
Europe is in the midst of "prolonged agony" of housing market decline with no obvious end in sight, a report by surveyors has claimed.
Italy has traditionally been popular with overseas property investors, but one property expert has warned that the property market continutes to be a tricky proposition.
Venice has always defied the odds. As a tiny city-state, it ruled over the eastern Mediterranean for five centuries, and held back foreign armies for 1,100 years. Today, La Serenissima is weathering the Eurozone crisis better than most of Europe.
The Eurozone crisis has crippled many countries, causing economies to shrink several times over - but now the properties are getting smaller too. Micro-apartments are flooding the housing market as Italy tries to combat the recession. These tiny homes, dubbed "Lilliput properties", are popping up all across Rome, offering as little as 4 square metres of floor space to lucky buyers.
This weekend, all eyes will be on the Hollywood & Highland Center in Los Angeles as the film industry dishes out its highest awards: The Oscars. But while cinemagoers debate who will take home the big prize, TheMoveChannel.com is more concerned about whose house comes out on top. Here are the top real estate stars from this year's Academy Award nominees...
In a troubled world, we gain solace from spiritual uplift and physical beauty. Few places have the ability to touch the heart and move minds like Venice.
While investor appetite rose dramatically towards the end of 2011, the level of distressed properties* coming to the market is set to keep on rising globally, according to RICS.
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