The real estate market in Lago Maggiore and in Varese mirrors the overall situation of the business in Northern Italy. Over the last years, the decrease in the real estate sales has significantly changed the market values and there is a higher availability of new or renovated properties compared to the actual buyer demand. The average sales times are longer. A very detailled and personalised marketing activity for the properties on sale is now requested; even in a recession period, the prestigious properties with unique characteristics maintain a good interest on the real estate market.
Also for historical villas and luxury properties on Lago Maggiore and Lago d’Orta we’re experiencing a decrease in the valuation trend. A strong demand for homes by German, English and Eastern Europe clientele is still present, thus confirming the international attraction of Lago Maggiore area.
In Varese, Gallarate and Busto Arsizio we can confirm the local but also international demand, thanks to the proximity of Milan, JRC and Malpensa airport. Most requested are top floor properties with open and bright spaces, in nice and quiet contests, possibly with garage or car park and for families with one or two children.