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Italians heavily invest in Austrian Real Estate due to financial crisis
15.12.2008


More and more Italian nationals are fleeing the Italian real estate market. Due to heavy losses and loss of confidence during present turmoil on financial markets they see a save heaven for their investments in nearby Austria. Real estate is cheap in Austria compared to Southern Tyrol. In hot spots like Bozen an inner city property typically costs about 40% more than in Innsbruck.

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