ERA Italy

Piazzale Lugano 19
20158 Milan
ITALY
Office: +39 02 393 59 491
Fax: +39 02 393 59 441
Benvenuti! Welcome to Italy
"La dolce vita" – "The sweet life". Once you have been to Italy, you understand what the expression truly means. Filled with people who welcome visitors with open arms and who value friends and family above all else, Italy is a country surrounded by beauty. Lined by endless coastlines and majestic peaks, blanketed by romantic rolling hills and speckled with intriguing cities, the climate is inviting and the food and wine world renown. Whether you prefer the mysticism of Venice, the trendy Milanese lifestyle, the charm of Florence or the ancient culture of Rome, skiing in the Alps, sailing the seas or just relaxing on one of the countless beaches, it is a country that offers something for everyone. There is no wonder as to why Italy is a top tourist destination, not only for people from around the world, but for Italians themselves, with infinite hidden treasures waiting to be discovered.

Real Estate in Italy
The rate of home ownership in Italy is relatively high: 81% at a national level (Istat, 2004). Italians are great savers and strongly believe in investing in property for its certainty and concreteness as an asset and traditionally have thought property as a more secure investment than stocks or bonds. Although relatively low rates of population growth limits the increase of values in the residential market, this mentality, as well as low levels of household debt and conservative lending practices, has rendered the Italian real estate market less susceptible to external shocks. Property is an especially attractive investment in university cities and popular tourist destinations where the residential rental market is stable.

Italian real estate brokers have to possess a licence to practice the profession, but the recurring sentiment is often that real estate agents have a low level of professionalism and, as a result, a low level of residential real estate transactions in Italy passes through real estate agents. In order to enter the ERA family, brokers are required to meet very stringent criteria. They are then monitored regularly by Italian Management to ensure the high international standards of ERA are maintained. You can count on our ERA Italy brokers to provide you top-quality service and professionalism that will fully satisfy all your real estate needs when purchasing or selling property in Italy.

About ERA in Italy
ERA Italy was constituted in February 2008 on the initiative of Europa Risorse, one of Italy's leading companies in Integrated Real Estate Services. Europa Risorse's motto is "We make it happen" and their philosophy is based on 5 precise principles: rigour, transparency, reliability, motivation, and corporate governance. Inheriting this outlook on how to do business, ERA Italy foresees the opening of over 200 agencies throughout the nation in the next 5 years. The selection of the "founding members" is currently underway in the greater Milan area, where the head offices are located, as well as in other major cities in northern Italy.

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