Discussion
I am looking at a ski apartment in Cervinia, seen the sort of thing I am interested in for a good price, but having trouble with getting advice so can some one help.
1 I assume that a condominium apartment will be on a lease, what is the likly term of a lease?
2 And what is likly monthly service fees?
3 I've seen some apartments in what look like large 'private' Alpine houses, to small to be caled condominiums, how does the title work if I bought one of these.
4 Is there finance available in Italy on this type of purchase? Say 30% of price over 2 to 5 years.
5 What is the property market like as an investment, (rental income looks good but capital growth)
6 Aanything to be aware of or run away from? (I loooked at Spain but title lookes like an issue, so forgot it).
7 Can i get the ttle in my name? I am a British citizen, I have property in UK and Asia and reside in Asia.
If any one is either an estate or finance brooker and is looking for a potential cutomer please PM me.
Lots of questions, I appreciate any answers
Thanks
1 I assume that a condominium apartment will be on a lease, what is the likly term of a lease?
2 And what is likly monthly service fees?
3 I've seen some apartments in what look like large 'private' Alpine houses, to small to be caled condominiums, how does the title work if I bought one of these.
4 Is there finance available in Italy on this type of purchase? Say 30% of price over 2 to 5 years.
5 What is the property market like as an investment, (rental income looks good but capital growth)
6 Aanything to be aware of or run away from? (I loooked at Spain but title lookes like an issue, so forgot it).
7 Can i get the ttle in my name? I am a British citizen, I have property in UK and Asia and reside in Asia.
If any one is either an estate or finance brooker and is looking for a potential cutomer please PM me.
Lots of questions, I appreciate any answers
Thanks
Thanks Enrico,
Title looks like the sort of thing I have on my Condo in Malaysia, there it is called a 'strata title', I hold the 'freeholh' on the piece of land my apt covers but 200 feet up in the air, along with the people on the 23 floors beneath me, i.e. I have the straat that is 200 feet up.
I realise I wont get UK growth on property, just wanted an idea if the market was growing, I am actually looking for some were I can meet up with my CHildrena s we all live in diffrent countries, use as a Eurapen base when I retire, and leave to the kids, so a steady growth that covers my investment looks fine.
Any way thanks you have engouraged me too keep studing the idea and the market and I think we will go over and look in the Summer.
I love Cervinia, been there a load of times, never had bad weather, never had a bad hotel and always been treated great by the people there, was last there at Christmas, we love drinking the local wine, simple, fruity, bit unsothisticate but I like it.
Thnaks very much Kelvin
Title looks like the sort of thing I have on my Condo in Malaysia, there it is called a 'strata title', I hold the 'freeholh' on the piece of land my apt covers but 200 feet up in the air, along with the people on the 23 floors beneath me, i.e. I have the straat that is 200 feet up.
I realise I wont get UK growth on property, just wanted an idea if the market was growing, I am actually looking for some were I can meet up with my CHildrena s we all live in diffrent countries, use as a Eurapen base when I retire, and leave to the kids, so a steady growth that covers my investment looks fine.
Any way thanks you have engouraged me too keep studing the idea and the market and I think we will go over and look in the Summer.
I love Cervinia, been there a load of times, never had bad weather, never had a bad hotel and always been treated great by the people there, was last there at Christmas, we love drinking the local wine, simple, fruity, bit unsothisticate but I like it.
Thnaks very much Kelvin
In cervina now looking at apartments, bit of shell shock, so many for sale, thinking to make a stupid cash offer and if rejected make to someone else until i get acceptance all the apartments are basically same and everything the agent gas shown mw works, so it looks like down to best value
weather in cervina great snow everywhere if sking for a few days runs are empty
weather in cervina great snow everywhere if sking for a few days runs are empty
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