Appassionata is a boutique, family run, fractional ownership business set in the heart of Italy. We are finding more and more US based owners are seeing the benefits of buying into our fractional ownership homes. Not least because of the very favorable exchange rates.
With 30 year highs in the Dollar/Sterling exchange rate, it makes buying in pounds sterling a very attractive option to those holding dollars. In the last 3 years alone there has been a 30% increase in value. A great time to buy.
The world’s economic uncertainty, not least since the US elections, have a great deal of people thinking about asset protection and diversification.
We are constantly looking for the ‘ideal’ use for our money, wanting to have the best of all things: lifestyle enhancement, great value for money and something to pass onto the kids.
A very select group of Americans have discovered the Italian region of Le Marche and the concept of fractional property ownership with Appassionata. This is quite possibly one of the best ways to diversify your investments while getting the lifestyle benefits of owning a luxury property in Italy, for a fraction of the price.
The AARP magazine considers Le Marche as one of the 5 best places to retire in the world, so it would make sense to consider not only spending more time here but make a lifestyle investment at the same time.
Fractional ownership offers American holiday home purchasers the perfect opportunity to invest in the lifestyle of their dreams on the European continent without any of the potential pitfalls of buying outright.
The simplicity of Appassionata’s offering in the stunning Le Marche region, is where we believe opportunities in the Italian property market are going to flourish. Not only are property prices 35% lower than neighbouring Tuscany, they are significantly lower than the capital city of Rome. The region offers everything from snow-capped mountains to Blue Flag beaches, interspersed with rolling hills dotted with vineyards and olive groves, and picturesque hilltop towns. The rich lands incorporate 180 kilometres of coastline and the largest number of museums and galleries in Italy. Easy access to all the main cities and multiple airports, makes Le Marche ideally placed.
Here at Appassionata, we don’t foresee our market slowing down and have just launched our new property. Il Riposo – ‘The Retreat’ is a unique four bedroom house dating back to the 12th century. Situated in the medieval village of Patrignone the house enjoys open views to the rolling hills beyond and has a private swimming pool sitting within a walled garden. The fractional ownership offered is for a one tenth, five week share in perpetuity, and as the property is held within a UK company your purchase would be in sterling, with prices starting from £95,000 pounds sterling (approximately $118,000 dollars at todays exchange rate) . With over 36 satisfied owners from around the world this proven formula is a compelling solution to purchasing a holiday home in these uncertain times.
This hidden gem of Italy means that American purchasers can own a share in the property of their dreams, benefit as the property appreciates in value, have the freedom of being able to sell, will, transfer or place the share in a trust at any time.
And so, while we continue to watch what will happen in the wake of Trump’s election the financially savvy will open their eyes tofractional ownership as a practical and sensible way of owning and enjoying a luxury property overseas; without the hassle, complications and expense associated with full ownership.
One of our greatest joys is meeting clients from all over the world and introducing them to this very special place. It is wonderful to watch their immersion into Italian life. To experience slow living, to step back time and remember to breathe!
Most of us have experienced life in the fast lane, time passing us by too quickly, but not daring to stop in case we are trampled on in the rush to reach the ever moving finish line!
Appassionata offers you the chance to buy a luxury lifestyle investment to enjoy with your family and friends in the heart of this beautiful country.