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Second home: How to secure a substantial return on investment

If you are considering making an investment and buying a second home, your decision depends mainly on one factor: the potential profit. Contrary to economist and politician John Stuart Mill's assertion that 'owners get rich in their sleep', it takes hard work and a good deal of advice to find the ideal property. But if you succeed, you will be rewarded with a significant return on investment.

Aerial view of a marina with white Mediterranean buildings, palm trees, and wooden boardwalk, lined with luxury yachts in golden evening light

Buy a House in the Mediterranean: Your Guide to Coastal Bliss

Bright sunshine, sparkling water and the incomparable lightness of Mediterranean life – for many people, owning a house in the Mediterranean is a lifelong dream. Whether you’re planning to retire by the sea, purchase a Mediterranean holiday home for family getaways, or invest in a growing Mediterranean real estate market, it’s essential to understand the unique aspects of buying property along these legendary coasts.

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How to make a home purchase proposal

Buying a property is a choice that must be considered and that deserves an accurate formulation of the home purchase proposal

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What you need to know about rent deposits

Moving into a new rental apartment is usually a time that involves a lot of effort on the part of the tenant due to the moving process and often also a certain degree of uncertainty about the new living circumstances. The landlord also hopes to have made a good choice as regards his new tenant. To pave the way for a pleasant tenancy for both parties, it is important to recognise the respective rights and obligations and to lay them down in the rental contract.

Bright, modern loft apartment with gray sofa, leather chairs, and large windows. A kitchen with brick wall is in the background.

4 walls, lots of light: that's loft living

Living in a loft is the dream of many. However, very few people know how much work and expense goes into a luxury property like this. The reason is mainly historical. Large spaces, often with high vaults and porous walls. In fact, all lofts are characterised by an industrial feel. Today, old buildings built during the Industrial Revolution are among the most sought-after properties. And no wonder: when the first dwellings came into being, it was precisely disused industrial sites that housed them. Economic activities had in fact long since moved away, leaving the original areas in a state of neglect. Due to a lack of living space, moreover, the areas were often populated by enthusiastic young people with high hopes, who thus developed the stylistic traits that are typical of a loft today: large, open surfaces with cosy corners and spaces dedicated to work.

Contact

Contact your personal advisor

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Engel & Völkers Italy

Via Dante, 16

20121 Milan, Italy

Tel: +390645548120