The luxury real estate market is increasingly attracting the interest of foreign clients, who appreciate our country and wish to invest or settle here permanently.We asked Vittorio Savoia, owner of the Crystal L.P. Srl Agency, to share some insights about the market dynamics in his area of expertise. Here is what emerged from our pleasant conversation on the topic.
What is the current trend in the real estate market in your agency’s area of reference?The trend is showing significant recovery, particularly in the luxury market, as opposed to the traditional market. The arrival of fiscally motivated foreign investors is undoubtedly the main driver of this new trend.
Based on your experience, have you identified a specific client target for your real estate agency?Our agency typically caters to high-spending clients, with a particular focus on foreign customers.
What types of properties are most in demand at the moment?
Currently, penthouses and villas in prime locations equipped with all kinds of amenities are in the highest demand.
What motivated you to establish a partnership with Luxforsale for your real estate agency?
We were impressed by Luxforsale’s coherent complementarity with our target audience and the services they offer, which align perfectly with our work.
What are, in your experience, the potential future developments of the luxury real estate market in your area and in general?
The technological component will undoubtedly play a decisive role (artificial intelligence and other related advancements). Therefore, it will be essential to keep up to satisfy an increasingly informed and demanding clientele.