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[b]Seaside resorts of Emilia-Romagna[/b]

Lido di Volano (Lido di Volano) is considered the main coastal resort of the region. At this point, the Po river flows into the sea, forming a picturesque Delta. It is home to the Po Delta national nature Park, well-equipped beaches, bars and restaurants.
Lido delle Nazioni has a good infrastructure for active youth and family holidays. The resort has built a thermal center, there are schools of water sports and horse riding, many hotels, apartments and campsites.
Lido di Pomposa and Lido degli Scacchi are the most peaceful and quiet places suitable for families. There is a protected coastline (there are never storms), the beach is equipped with children's playgrounds and attractions.
Porto Garibaldi (Porto Garibaldi) - an ancient fishing village and one of the largest fishing ports. Famous for seafood cuisine, along the coast there are many fine restaurants.
Lido degli Estensi and Lido di Spina are luxury resorts with well-equipped wide sandy beaches. Here are the most prestigious boutiques, shops and outlets.

Porto Garibaldi, Lido di Pomposa, Lido delle Nazioni
Sea view in Porto Garibaldi, Lido di Pomposa, Lido delle Nazioni

Since the 80 - ies of XX century, multi-storey houses of improved planning and townhouses began to be built here. The developers have focused on the so-called casa al mare – "houses by the sea." However, in our understanding it is not houses, and apartments.

Italian families from the "hinterland" bought them or rented them for the summer, came on weekends to swim in the sea, transported there elderly parents and sent their children to them. Since the early 2000s, vacation in casa al mare has rapidly become fashionable.

The uniqueness of Emilia-Romagna is that nowhere else IN ITALY houses by the sea to build almost impossible. Everywhere – from Sicily in the South to San Remo in the North-such construction is unthinkable because of the abundance of ancient buildings, protected by the state.
[b]Italian terra incognita: how Emilia-Romagna surprises tourists and property buyers[/b]

Emilia-Romagna in Northern Italy in recent years with a new force attracts tourists, tenants and investors from around the world, but remains terra incognita for Russians and CIS citizens. Locals called it "the land of motors" and "Paradise for gourmets", and tourists — the Adriatic Riviera. We learn about the peculiarities of life, recreation and real estate in the region from an expert.
Vyacheslav Nedogonov
Representative of the company in Russia and CIS
Ventura Immobiliari Construczioni

... An endless series of clean wide sandy beaches. The clear Adriatic sea, which thanks to special bumpers is always quiet and calm. You swim, and near jump out of the water wonderful flying fish…

Cheerful houses by the sea – Villette-with palm trees and olives in the courtyards. The delicious smell of fried fresh fish hovering over these places at lunchtime. And if you climb higher to the clouds, then there, in the distance, in the misty haze rise majestic Apennines.

This is the coast of the Italian Emilia-Romagna-one of the heavenly places, the center of attraction of tourists, tenants and investors from all over the world. And for some reason the real terra incognita for the Russians, which here once or twice and obchelsya…

For many years, the area has not developed much. A few fishing villages, overgrown with reeds, on the shores of the Adriatic sea and a small fishing town of Porto Garibaldi. Here, perhaps, and all settlements. 60-70 - ies of the last century – not the best time for the Italian economy, only in the 80s it was decided to develop these places as a tourist, recreational area.
Shopping in Emilia-Romagna

Among the tourists who come to Italy, there are many lovers of shopping. The Northern region of Italy on a variety of shops and boutiques is not inferior to Milan and Rome.

Lido degli Estensi

On Vitale Carducci street there are boutiques Fendi, Armani, Biagiotti, Ferretti, Moschino, Trussardi.

Ferrara

Many boutiques – on the street Garibaldi, masini. On Trento Trieste square every Saturday you can visit the market, which has everything: food, Antiques, clothes, furniture, etc.

Bologna

Versace, Armani, Malo, Hogan and TOD's boutiques can be found on Rizzoli, d'azeglio, Farini and Castiglione streets.

Faenza

The city is famous for its ceramics, here are the best shops and the international Museum of ceramics, which presents unique works of the best masters of Italy.

Seasonal sales are held twice a year: from 7 January to March and from July to September.

Since then, a tremendous amount of work has been done to equip the beaches, placing numerous restaurants and cafes near them. And what is important: here immediately built treatment facilities. Therefore, in Emilia-Romagna, unlike many areas of Italy, and other countries, in coastal waters do not drain the sewage.


At the same time began a large-scale residential development. Here nothing had to be demolished – "from scratch" built typical Italian housing. As a rule, two-three-storey Villette with a garden and Parking, the house has four or five apartments, each with its own entrance. The first such villettes are still in the price – many have swimming pools, and terraces overlooking the beach.

Gradually, each town began to acquire a unique appearance. There were resorts for the elite (Lido degli Estensi). Porto Garibaldi has become the center of the cultural and gastronomic life of the region. Began to develop new large settlements, in the names of which you will find the prefix "Lido", which in Italian means "shore".
[b]The real estate market in Italy: new perspectives
[/b]
Real estate sales in Italy began to grow from the 80 - ies of the last century. The key reason-increased demand from foreigners who wanted to buy housing in a country with a mild climate and favorable living conditions. In the mid-90s, the market gained a second wind, and sales rapidly went up.

Until 2004, the number of real estate transactions grew by an average of 60% across the country, but this year was a watershed: the indomitable impact of the American crisis, the Euro crisis ... Sales began to decline, and by 2012 the figures fell to the level of 80.

Since then, the market has recovered, the volume of transactions went up, and the growth continues to this day.

Dynamics of the volume of transactions in Italy

Now the market is stable, and in the next five years there will certainly be improvements. Largely due to changes in the laws-investor visas, preferential taxation for wealthy foreigners.

In Asia, South America, Eastern Europe, there are now millions of new super-rich people who want to move their families to Europe for permanent residence. In their home countries, the quality of life will reach the European level not earlier than 30 years. Italy is a good choice for them.

In my opinion, the most attractive regions for investment are Lombardy, Tuscany, Liguria, Lazio. It is best to choose large cities with developed infrastructure, rich historical heritage, diverse trade and commercial network, international language schools and universities. Of course, the proximity of international airports is also important.

Recently, short-term rental of apartments and B&BS in the most visited tourist cities of Italy has been in high demand. This leads to an increase in the number of transactions for the purchase and sale of small two-and three-bedroom apartments. Both Italians and foreigners invest. In cities such as Milan, Florence, Venice and Rome, the demand for apartments in the center exceeds the supply, which contributes to a smooth increase in prices. In addition, if you compare Milan, for example, with London, buying apartments in Italy will cost twice as much.
Flat Tax: favorable tax regime for wealthy foreigners

In 2017, the Italian government simplified the procedure for granting tax residence to wealthy foreigners.

The main condition of the new regime is that you transfer your fiscal residence to Italy and pay a fixed tax on all income received abroad (outside Italy). No disclosure of assets is required.

The annual Flat Tax rate is ˆ100 thousand for all profits received outside Italy.

Family members of a foreigner with a separate income – children, spouses, parents, brothers or sisters-can also enjoy preferential tax treatment. The fixed payment for the status of a resident of each of them is an additional ˆ25 thousand.

To obtain resident status, it is usually required to reside in the country for at least 183 days per year. However, the new law reduces the term to three months. The offer can be used by foreigners who have not been tax residents of Italy for the last nine out of ten years.
Terms and benefits of the new tax regime

Capital gains from shares of both foreign and Italian companies (in the first five years) are excluded from the tax regime.
All income from Italian sources is subject to the usual tax rates.
Limited to the tax on inheritance and gift (everywhere).
Taxpayers are exempt from reporting assets abroad in the Italian tax return.
Taxpayers are exempt from paying IVIE (real estate tax abroad) and IVAFE (tax on financial activities or assets located abroad).

Payment is made by submitting an annual return to the Italian tax authorities. The money is transferred in a single payment until the end of June this year. Taxpayers must decide whether they want to join the system immediately after moving or starting from the next year of residence in Italy, and send a request to the tax office (Agenzia delle Entrate).

Each year, the status will be automatically renewed. You can use the preferential tax regime for 15 years.

The offer is particularly attractive for investors whose income outside Italy exceeds ˆ500 thousand. the Preferential tax regime in Italy is close to the British non-dom. However, in the UK, the requirements for candidates have noticeably tightened in 2017, and now Italy is becoming a great alternative to the United Kingdom.

The Italian tax Inspectorate (Agenzia delle Entrate) is already actively accepting applications. High-income individuals who live abroad and want to take advantage of the new single tax can apply on the Agency's website (www.agenziaentrate.gov.it) or with the assistance of local consultants and lawyers. The second option is preferable, since all the necessary forms are still available only in Italian.

The new tax regime has already provoked a noticeable revival in the luxury segment of the real estate market in Italy. Significantly increased demand for the purchase and rental of status objects in Milan (the city is a real boom!) and the provinces, as well as on the Northern lakes, especially Como. The most popular houses and apartments near the international airport and international English-speaking schools.
What rights does a foreigner get after buying a property in Italy?

Ownership of real estate in Italy is a sufficient basis for obtaining a multiple-entry Schengen visa. It allows you to stay in the country up to 90 days in half a year, as well as travel to other Schengen States. If you need to live in Italy longer than the visa allows, you must obtain a residence permit.

Buying a property of any value does not give an automatic right to a residence permit. There are many other reasons to get it: study, work, doing business, family reunification. You can obtain a permit by stating your intention to live in Italy and proving that you have sufficient funds to do so (see "Chosen residence" / Residenza Elettiva). The presence of real estate in the property will be considered an advantage when considering an application for a residence permit.