Why Italy Real Estate Investors Are Flocking To Lake Iseo
Lake Iseo has equally attractive vacation homes to buy, notably those that have breathtaking views looking over the shore. But they are significantly more affordable, with price tags scarcely 50% of those in Lake Garda, some 20 miles away. As an example, around US$275,000 should get you a three-bedroom villa near the lake, while from just $135,000 you can purchas a lake-view apartment with a couple of bedrooms. In addition there are four airports lying less than 55 miles away – two in Milan, one in nearby Bergamo and the fourth in Brescia. Just one sign to the soaring allure of this secret gem is in the increasing number of vehicles bearing Dutch, Belgian, French and German number plates on Iseo's charming streets and avenues in the summer season. An expert at The Property Organiser, a firm of Italian property finders, said: "We're telling our clients who are considering buying in that part of Italy to certainly take a look at Iseo. It's an area that is relatively unknown, unspoilt by overwhelming numbers of visitors and close to a number of airports as well as the border with Switzerland. We believe the real estate market here can only go up in the next few years." To buttress the point, property prices across the country's Lakes region fell by more than 4% – slumping by nearly 9% in some towns overlooking Lake Maggiore, a 2009 report by Italian property group Tecnocasa revealed. Around Lake Iseo, however, there was a much more modest 1.8% decline. The lake, also called Sebino, lies between Lake Como to the west and Garda to the east and a few miles from the cities of Bergamo and Brescia. Milan is around 85km south-west, or 90 minutes by road and 60 by rail. It is Italy’s seventh biggest lake, some 24km by 5km , runs north to south and is overlooked by mountains. It is a relaxing retreat for people who like to swim, dive, sail, windsurf, water-ski or fish. The lake also contains Mount Isola, home to 2,000 people and Southern Europe's largest inhabited lake island. The 3km long island is linked to the shore by ferry services from a number of towns. Devoid of cars and buses, Mt Isola is very tranquil and is tailor-made to be explored on cycle or foot, especially the paths that lead to Santuario della Ceriola, the church perched at the summit of the island. Monte Isola is also renowned for its net-making industry, which started with fishermen's nets but has since expanded to include sporting nets for volleyball and tennis. Returning to the lake's shores, the eastern banks house the prettiest towns and villages, such as Sulzano, Sale Marasino and Iseo, with a steeper, rockier landscape on the opposite shores. Iseo has the greatest number of things to see, including an unfinished 900-year old church. The surrounding countryside is full of scenic vineyards and medieval monasteries and castles that can be discovered by walking, cycling or, even more leisurely, by horseriding. And in winter, a large number of skiers flock to Montecampione. Consider, however, that with the Alps close by, a number of trekking and riding paths can prove a taxing experience for novices. The author writes for property for sale in Italy specialists Homes and Villas Abroad, who showcase 2,500 Italian properties. Her areas of expertise include Sicily properties and Calabria property. Disclaimer: Article submitters are solely responsible for the content of their articles. ArtiLib can't be held liable for the contents of the articles. Report Abuse | Browse By Category |
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