Jan 2016 – This post, published in June 2009, covers the period immediately before and after the beginning of the crisis. It is no longer relevant except as an indicator of the change in buying requirements compared with the latest study (see the post “Le Marche Property Market Trends“).
If you are thinking of investing in Le Marche you might want to see the statistics we have compiled concerning buyers requirements. The statistics have been drawn from 2 full years work 2007 and 2008 before the economic crisis and prove interesting reading. The actual requirements are those that clients mentioned as “fundamental” when first contacted.
There are not enough statistics over time from which to draw a trend, but there is other useful data to help the investor – for instance, it is perhaps not surprising that 88% of all buyers want to be in the country, but it is important to note that half of those buyers want to be near a village. Also fundamental is the indication of size required. Three and four bedrooms are equally popular but five bedrooms are half as popular.
It would seem that the most popular combination is a 3-4 bedroom house in the countryside that requires restoration, has panoramic views and more than 1 hectare of land. And if you can add an annex, space for a pool and proximity to a village, you’ve hit the spot.
Richiesta – Requirement | 2008 | 2007 | Cumulative | % |
Ristrutturata – restored | 19 | 30 | 49 | 30,6 |
Da ristrutturare – to restore | 21 | 36 | 57 | 35,6 |
Parzialmente ristrutturata – partially restored | 16 | 34 | 50 | 31,3 |
In un borgo – in a village | 10 | 10 | 20 | 12,5 |
Campagna – in the country | 15 | 73 | 88 | 55,0 |
Vicino ad un paese – close to a village | 28 | 15 | 43 | 26,9 |
Vista panoramica – panoramic view | 10 | 14 | 24 | 15,0 |
Vista sulle montagne – mountain view | 4 | 11 | 15 | 9,4 |
Vista mare – sea view | 7 | 4 | 11 | 6,9 |
Esposizione a Sud – South facing | 4 | 1 | 5 | 3,1 |
Spazio per una piscina – space for a pool | 10 | 48 | 58 | 36,3 |
Terreno – land > 1Ha | 29 | 50 | 79 | 49,4 |
Giardino con alberi (ulivi, alberi da frutto ecc.) – garden with trees (olives etc.) | 11 | 33 | 44 | 27,5 |
3 camere – 3 bedrooms 180-200 mq | 17 | 36 | 53 | 33,1 |
4 camere – 4 bedrooms 220-250 mq | 16 | 34 | 50 | 31,3 |
5 camere – 5 bedrooms 300-350mq | 11 | 15 | 26 | 16,3 |
Annessi – annexes | 15 | 20 | 35 | 21,9 |
N° clienti – number of clients | 60 | 100 | 160 | |
Spesa media – average spend | € 395.000 |