The statistics from last year shows that Tourism in Piemonte is up by 7% compared to 2016. In total more than 5 million turists are now visiting this beautiful region. Forecasts preditct a further increase this year. So Piedmont has really come alive. This makes it a great place to invest in a property for holiday rentals. A typical 4 bedroom house will fetch € 3.500,00 a week for 6 months of the year with a total rental income of € 84.000,00.
A project of this size will cost you around € 800.000,00, which means that you potentially can have a return of your investment of more than 10%. To add to this, the value of your property will also increase over the years. If you sell after 5 years you pay no capital gain tax.
So you are not only investing in quality of life, but also looking at a reasonable business opportunity as well.