The turmoil that Brexit has caused does not have to mean that commercial opportunities cannot be seized where they arise. It might just be the best time to buy investment real estate in Italy. Italian house prices are continuing to fall at such a rate that Italy alone out of all Europe has a contracting real estate market leading the Financial Times to describe Italy’s real estate market as “a notable EU outlier”. This situation is understandably fuelling discontent in the 72% of Italian households that own their own property when they see the slide in value. However, as in a great deal of declining situations, this presents an opportunity for those investors who take the long view.

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