The latest news about Italy – 9.03.2024

Rising Rental Yields

According to Tecnocasa’s analysis for the first half of 2023, rental yields in Italy continue to rise. This growth makes rental property increasingly attractive to investors, especially in major cities. The average yield for a two-bedroom apartment of 65 square meters in such cities is around 5.2 percent, which is quite an attractive figure.

High-Yielding Locations

Several major cities in Italy stand out for their high rental yields. For instance, Genoa, Palermo, and Verona offer yields ranging from 6.3% to 6.6% for renting a two-bedroom apartment of 65 square meters. This makes these cities attractive to investors seeking stable returns on their real estate investments.

Factors Driving Yield Growth

The increasing rental yields in Italy are explained by several factors. High inflation rates and the recovery of the tourism sector stimulate demand for rental properties. Moreover, in times of economic instability and rising energy prices, landlords prefer to enter into long-term lease agreements, which also contributes to the growth of yields.

Market Outlook for the Future

Forecasts for 2024 indicate further growth in both property prices and rental rates in some cities. For example, significant increases in rental rates are expected in Florence and Naples, making these cities attractive to investors looking for high rental yields and capital appreciation prospects.

The rental property market in Italy offers numerous opportunities for investors. With rising yields and prospects for further growth in property prices and rental rates, investing in rental properties in major Italian cities is becoming increasingly attractive. However, as with any investment decision, it is important to conduct thorough analysis and select a property that aligns with your investment goals and risk profile

White color in the interior: an eternal classic with limitless possibilities

Extra virgin olive oil has always been a sought-after commodity in Italy, widely used in Italian cuisine for its taste and quality. However, according to the results of a survey conducted at the Cibus Lab seminar in Bitonto, many Italians are no longer willing to buy this oil due to a sharp increase in its price.

Prices of extra virgin olive oil have risen from 4 to 9 euros per bottle, significantly impacting consumer behavior. According to the survey, about 30% of consumers no longer purchase extra virgin olive oil, opting for more affordable alternatives such as seed oil.

This price increase has raised concerns among Italian consumers, who have had to change their purchasing habits. Nearly half of the respondents stated that they have begun to replace extra virgin olive oil with seed oil not only in cooking but also as a food additive.

For the Italian olive oil market, this is a delicate moment, and hopes are pinned on prices stabilizing and demand for this valuable product recovering

La connessione tra il mondo della moda e quello immobiliare non è mai stata così evidente come in questo caso. Il penthouse è infatti associato a Maurizio Gucci, una figura leggendaria del mondo della moda. Maurizio Gucci, discendente diretto della famiglia Gucci e già azionista di maggioranza del marchio di moda dal 1983 al 1993, è stato protagonista di una delle storie più discusse in Italia e oltre, che ha ispirato persino un film diretto da Ridley Scott nel 2021.

Nato a Firenze nel 1948, Maurizio Gucci ha ereditato il lussuoso appartamento negli anni ’70, prima di diventare presidente dell’azienda di famiglia. Dopo la sua scomparsa, la proprietà è passata alle sue due figlie, Allegra e Alessandra Gucci. Il penthouse è diventato oggetto di speculazioni sul mercato immobiliare negli ultimi dieci anni, e finalmente è stato messo in vendita attraverso l’agenzia immobiliare Serhant, specializzata in proprietà di lusso.

Questa residenza offre una vista spettacolare sulla città di New York, con grandi finestre che si affacciano sulla vivace Fifth Avenue. Situato tra il 50° e il 51° piano della Olympic Tower, questo penthouse è uno dei gioielli di questa iconica struttura, con otto camere da letto, due scale a chiocciola, due ascensori e ventotto finestre che permettono una luce naturale mozzafiato.

Questa proprietà è veramente unica nel suo genere e rappresenta non solo un simbolo di lusso e prestigio, ma anche un pezzo di storia legato al mondo della moda e al marchio Gucci. La sua disponibilità sul mercato offre a potenziali acquirenti l’opportunità di vivere in una delle residenze più esclusive e affascinanti di New York City

One of the most natural gestures, such as exchanging affectionate gestures inside the car, is now prohibited if you are with another person. This rule seems to limit individual freedom and has sparked a lot of reactions among city dwellers.

Driving requires strict adherence to rules to avoid serious fines, but passengers must also follow certain behavioral rules to ensure safety during the trip. Among them is the mandatory use of seat belts and the absence of actions that distract the driver.

However, there is one particularly controversial rule, affecting both the driver and the passenger: a ban on affectionate gestures inside the car when you are in the company of another person.

In the city of Eboli, in the province of Salerno, a fine was introduced for those who do not comply with this rule, with fines ranging from 50 to 500 euros. According to some, these restrictions represent a real violation of individual freedom.

Regional councilor Gerardo Rosalia stated that many people seclude themselves in the city to be alone, making the situation unbearable. Although officially the ban was introduced for safety reasons, it is difficult to understand how affectionate gestures could pose a threat. Nevertheless, it could have been introduced to avoid unpleasant or inappropriate situations, especially if there are children nearby.

Ultimately, this new rule has sparked a lively debate about individual freedom and road safety, highlighting the complexity of regulatory issues in urban environments