Sometimes property pops up from out of the blue and surprises us.
This villa is in the final stage of restoration and will offer private accommodation as well as holiday apts or B&B for guests. What's unique about it is that it sits in a lovely valley not far from Mont Alto (in the new Province of Fermo), within 8 hectares of land. It has a bio swimming pool and 40 olive trees AND (and this is the wow part), building permission to construct two other buildings anywhere within the eight hectares.
State of the market? Pretty flat as you might imagine except from within the Euro zone where of course a euro is a euro (I bet the British regret not joining now, eh?)
But property prices here in Le Marche are bound to dip to a certain extent if only accommodate a fall in demand from the panicking world outside, although property values in Italy haven't ever bubbled as they had in US and UK real estate, so the fall will be minimal in our estimation.