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Engel & Völkers Licence Partner Lago Maggiore > Blog > The real estate market at Lago Maggiore: year-end trends

The real estate market at Lago Maggiore: year-end trends

Despite the crisis derived from Covid, the real estate market at Lago Maggiore has not shown signs of a decline and is still attracting potential clients from all over the world


It is well-known that 2020 has been the annus horribilis for many industries so far. However, the real estate market has been showing a strong resistance to the crisis generated from Covid-19 and the health emergency we are facing. 


The figures of the last half year seem to confirm this positive trend, highlighted by the increasing interest from both Italian and foreign buyers, who have never stopped looking for prestigious properties in towns rich in arts, culture and natural beauty.  Not surprisingly, the real estate market at Lago Maggiore is experiencing a particularly positive period. 


THE IMPORTANCE OF THE HOLIDAY HOMES


This year, local tourism has dominated. In a nutshell, Italians have re-evaluated the importance of having a holiday home, perfect for relaxing weekends with their family just a few steps from the city.


The data showed an increase in the demand for houses by the sea, the lake or in the countryside, to face the need to get away from the chaos of the city, without giving up properties of absolute beauty and quality. The sale of homes on Lake Maggiore has undeniably benefited from this new awareness, attracting the interest of those who let themselves be enchanted by the magic of the landscape and the beauty of the proposed solutions, becoming the preferred choice for many foreign buyers.

 Laveno M.
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GREEN LIGHT TO WIDE SPACES 


Among the most significant trends related to the houses for sale Lago Maggiore, one is about the characteristics of the most sought-after homes


In particular, it has grown the need for properties with Lake view and wide spaces and at the same time more and more people are asking for villas and detached houses in the area of Lago Maggiore, especially those located in the most beautiful towns such as Arona and Stresa. Covid has had an impact on people's needs and this has led to a general increase in demand for homes with at least 3 rooms, preferred to one-room and two-room solutions. 


IN SEARCH OF A GREEN PLACE WITH LAGO MAGGIORE VIEW


The not so idyllic idea of staying within four walls for a long time has taken clients to look for large sizes and we could see that the most requested properties were - and still are - those with a garden overlooking Lago Maggiore and apartments with a spacious panoramic terrace. 


Among the most beloved ones we find the villas for sale in Verbania and houses for sale in Laveno Mombello, embellished by their manicured lawns. Also the houses with garden in Arona appear on the list, for those who want a green place to restore mind and spirit whenever they need it. 

 Laveno M.
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CLIENTS FROM ABROAD


It’s no news that our country has always been attractive for tourists and visitors coming from all over the world, but the analysis on the sales of houses at Lago Maggiore confirms this steady trend and more than that, it also shows signs of an increase: the splendid villas and historical dwellings in the area are the target for more and more foreign buyers, who look at them both as holiday homes and as an investment.

 

Among the peculiarities of this target:

  • the interest for luxury properties with Lake view or for places rich in history and culture;
  • the possibility of buying directly and quickly the property; the visit can also be made through virtual tours, especially now that it’s not so easy travelling;
  • few negotiations on the price (around 10%, which means faster deals)

 

So, despite this year uncertainty, this could be the time to grab the Lake view property you have always dreamed of. Take a look at our luxury villas for sale Lago Maggiore and contact us if you have found the perfect for you. 

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Engel & Völkers
Licence Partner Lago Maggiore
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