The Italian Play — Own for Profit in a Historic City
Real estate in Italy’s major tourist centers is overlooked. Because of domestic factors like a flailing economy, low confidence and a weak appetite for real estate investing among Italians, you can find cheap real estate. Because of international factors, like millions of tourists — more than the world has ever seen before — there is a surging demand. It’s a pure income play and not without its pitfalls. But I’m here in Italy to figure it out.