Having a 2nd home sounds nice. Having a 2nd house in one of Italy’s famed wine regions sounds even nicer.Many Americans would seem to agree with that statement. Those seeking to buy 2nd houses are gathering to Piedmont, the home of Barolo, according to The Wall Street Journal. Diletta Giorgolo Spinola, the head of property sales at Italy Sotheby’s International Realty, approximates that the number of Americans asking about the area had leapt about 50 percent at her firm over the previous 2 years alone.More from Robb Report Along with its reputation in
the wine world, Piedmont
was instrumental in the production of the slow-food movement, and it’s a significant location for the searching and purchasing of white truffles. That makes it an especially appealing area to purchasers with a strong interest in food and drink.Some are even fascinated by the concept of having their own vineyard.
Luca Stroppiana of Langhe Property told the WSJ that vineyards are the new must-have for second-home purchasers. He helped facilitate the sale of a$510,000 farmhouse with one to an American couple generally living in Milan.”We like to drink white wine,”stated Bryony Bechtold, who bought the home with her partner.” And now we will discover all about the different grapes and how making white wine works.”At Langhe Residential Or Commercial Property, Americans are in fact the No. 1 demographic, beating
out the British. And an architect in the area told The Wall Street Journal that Americans are now the majority of her foreign clients. It does not injure that the US dollar is quite strong, and that the pandemic has enabled versatility as to where people can live and work.While taking pleasure in the Italian countryside for a couple of weeks or months at a time does
sound excellent, the Journal didn’t note how residents feel about the increase of out-of-towners. That’s been a concern in other global areas, like Mexico City, where homeowners ended up being fed up with American tourists and remote workers previously this year.
years are gearing up to move the area next year– and even more home buyers promise to join them.Best of Robb Report Register for Robb Report’s Newsletter. For the latest news, follow us on Facebook, Twitter, and Instagram.Click here to read the complete article.