What are German customers looking for when they decide to buy a luxury property in Italy? Read this article: you will discover the 6 fundamental characteristics an ideal property must have … does your property have them?
A long history, beginning in the 1970s:
the Germans quest to buy property in central Italy, especially in Umbria and Tuscany.
Thanks to our 25 years of activity and to a department created specifically for the German market, made up of mother tongue professionals, today you will find out what German clients are looking for in the Italian property of their dreams.
The requests of the German clients are very particular…
First of all… a completely renovated property––ready to live in!
We share the fundamental feature desired by the German client: 88% of them prefer to purchase fully finished properties or with minimal work to be carried out.
Only 10% of them are willing to renovate a property in a major way, and only 2% wish to build from scratch.
The budget
60 % of German buyers are willing to invest between 500,000 and 1 million euro, 25% invest in properties between 1 and 2 million euros and 15% in properties over 2 million euros!
What kind of real estate solutions?
The most sought-after types of properties are farmhouses, apartments in historic centers and farms and wineries.
A fair quality to price ratio!
German clients are real connoisseurs of real estate market values. If the asking price of a property is in line with its real market value Germans will often offer the asking price. Otherwise, they are very good at negotiating.
You will therefore understand how essential it is to know the real market value of a property!
At Great Estate, thanks to our evaluation tool The Best Price we can advise you on the real market value of your property and, consequently, the best asking price!
Information about the property? Decisive!
German buyers are very demanding when it comes to information regarding properties.
You will therefore understand how essential it is to know the real market value of a property!
For this reason, in their web searches they prefer and rely on sites and agencies able to provide them with the most complete and detailed description of the properties for sale: not only written information, but also high quality photographic and video content.
The Great Estate graphic department is the best, guaranteeing all our properties a professional presentation at the highest level and of excellent quality.
We can do this for your property too.
Collaboration with native German speakers and complete pre and post-sales assistance.
Our German customers prefer to interface with one of their compatriots and be able to count on 360-degree pre and post-sales assistance. Our mother tongue professionals meet this need on a daily basis!
Great, we’ve come to the end of our article.
Your property has the qualities that make it
ideal for the German buyer market?
What are you waiting for? Get in touch with us!
Propose your prestige property to our group now by completing this survey! You will also receive our valuable advice for making a prestigious sale.
