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May 5, 2008

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The main participants in Abruzzo real estate markets are people who who can be considered either owners or tenants. Owners typically purchase houses or commercial property as an investment. Some of them live in these dwellings or utilize their properties as a business. Investors most often do not live in the real estate that they purchase. Typically they rent out or lease the property to someone else.

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Also important are developers who prepare raw land for building which results in new product for the market, and renovators who supply refurbished buildings to the market. Supporting these efforts are the facilitators including includes banks, real estate brokers, lawyers, and others who work to make happen the purchase and sale of real estate. In Abruzzo the owner/user, owner, and renter comprise the demand side of the market, while the developers and renovators comprise the supply side.

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Real estate investing in Abruzzo can be a complicated matter and merits a good deal of forethought and careful planning. Recent interest in the real estate market near the provincial capital of Teramo has focused on the towns of Valle San Giovanni, Frondarola, Rapino, and Valle Soprana. The construction of guesthouses has been one focus of these concerted efforts to develop Italy’s Abruzzo Region.

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