Understanding Lago Maggiore real estate market is not easy, both for those who have to buy and for those who have to sell a property. The variables in the field are many and relate to geography (each area has its own peculiarities), the historical moment, obviously the characteristics of the property.
Personal expectations and the ability of the actors involved also have a significant weight. This is why it is essential to rely on reliable and competent professionals, who can help you interpret all the facets of a sale in the best possible way. And also to reveal commonplaces, or discover unexpected opportunities.
We often hear about cycles, crises or recovery, but it is very difficult to understand the real potential of the market when we have to act. It is good to know that at certain historical moments there are different opportunities for those who have to buy or sell: it is no coincidence that we speak of a market favorable to the seller or a market favorable to the buyer.
A market is favorable to the seller when the supply is lower than the demand for real estate. This allows you to maintain a high selling price. Signs of a favorable market for the seller are speed of sale, a high price per square meter, and a scarcity of online listings, as well as property advertisements, among others.
On the contrary, sales announcements that persist for several months (generally more than six), a falling price per square meter, the general increase in supply, indicate a favorable market for the buyer. In these cases it is easier to find buying opportunities at bargain prices.
More and more the search for a property, and a new villa Lago Maggiore is no exception, it starts from our smartphone or computer. To get an idea, simply type "Lago Maggiore real estate market" into a search engine if you are interested in the area.
Internet provides information but also the first impact with the property, which is essential for deciding to investigate. The seller must pay the utmost attention to how the property looks. Cleanliness, brightness, optimal management of spaces and furnishings can help the seller to get the best selling price. A neutral furnishing style has proved to be a winner in making the most of a property and meeting the taste of most potential buyers.
Another critical element for the successful conclusion of a purchase is the price. Establishing the right price of a property is one of the most difficult things, which includes rational elements but also emotions and expectations.
However, it is not necessary to be an expert in the sector to understand what are the main trends of the Lago Maggiore real estate market. Just follow the ads concerning properties similar to the one you want to sell (or buy) and identify the plausible price range.
The real estate market never stands still: here is another irrefutable truth. It is useless to try to stop time, just as it is very difficult to look for the right moment to make a purchase or a sale.
Market cycles and their duration are often inscrutable. Finding the best possible solution regardless of the historical moment is the challenge par excellence for those who want to sell or buy a property.
Going to see what is happening in the real estate market after the outbreak of the pandemic, we note that the inevitable slowdown of 2020 - when the lockdown in blocking people in their homes has often also prevented the sale of real estate - has been followed by a decisive recovery.
Two other elements are highlighted: the willing to buy continues to be supported by the availability of mortgages at very low rates. And finally, a decisive factor for Lago Maggiore real estate market, there has been a boom in interest in extra-urban locations, where the perceived quality of life is much higher.
A determining factor in such uncertain times. In this context, the opportunities offered by Engel & Völkers Lago Maggiore represent real opportunities not to be missed, for every need and for any budget.
Lun - Ven 9/13 - 14/18 Sab 9/13 Domenica - Su appuntamento
Mon - Fri 9/13 - 14/18 Sat 9/13 Sunday - On appointment
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