Real estate market and Covid-19: what awaits us?

Real estate agencies are open again from 4 May. The real estate market, therefore, resumes its activity, with the intention of restoring momentum to a sector that has been seriously affected by the crisis, and which represents a pillar of our economy, as well as the lives of many people.

The house is considered the safe haven par excellence, and in this difficult period we have been able to fully realize the importance of a comfortable and safe environment. If #restareacasa is essential, then, even more so is it to do it with all the necessary comforts and protections. If it comes to apartments for sale in Varese, such as those still available in the Engel & Völkers catalog, you cannot wish for better.

CURRENT SCENARIO AND FUTURE PERSPECTIVES

The real estate market has not remained indifferent to the serious crisis situation caused by the lock-down. On the other hand, despite the difficulties and inevitable downturns, there is still reason to think that once the crisis is over the markets will be able to recover.

Engel & Völkers experts estimate that we may see signs of recovery as early as the third or fourth quarter of 2020; a study Wire Consulting, on the other hand, predicts that the market will continue to tend to be stable, especially if it was already in good health before the start of the crisis. As in the case of Lombardy and the province of Varese.

CASA BENE RIFUGIO, TODAY MORE THAN EVER

If it is true that the crisis is severely testing the purchasing power of Italians, it is equally true that the experience of the lock-down made it possible to understand the value of a home not only as an economic asset but also as a place of safety and comfort.

Not surprisingly, a study by the Scenari Immobiliari research institute has estimated that it is possible to expect a 10% increase in value for all properties with particular characteristics such as gardens, terraces, large balconies or two bathrooms. Another aspect that could favor the recovery of the market will be the possible expansion of the loan disbursement criteria, which could facilitate many people and families in this type of investment.

The house, therefore, continues to be a value on which it is important and useful to invest, today more than ever. And Engel & Völkers is ready to accompany you in the search and choice of the best solution, thanks to the consultants you can meet at our Varese real estate agency.

BUYING HOUSES IN VARESE PAYS

Yes: buying a house in Varese pays off.The local residential market was characterized by a certain stability even before the crisis, with a positive trend already registered at the end of 2019.

In particular, the city, especially the areas of the center and adjacent neighborhoods, stands out for a good number of properties for sale, with prices that have generally remained stable.

In fact, our portfolio includes prestigious apartments for sale in Varese and its province, elegant villas in residential neighborhoods or by the lake, as well as more modern homes, equipped to offer every comfort. A rich range of opportunities for the purchase of a new home, which you can discover in detail by visiting us in via Carrobbio, 17.

See you there!