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residential Market News: Spanish Real Estate Intelligence

Lucca: 60% of the apartments in Orange Village sold in six months
05 November, Lucca in Diretta The apartment sale in Lucca requalification project knowns as Quartiere Arancio (Orange Village) is going very well, with 60% of the apartments sold in six months. The objective is to sell all the flats of block A by spring. The construction activity in the area had been paused for years following the bankruptcy of the original developer, but it resumed with the new investor, Actarus Reoco. Source: Lucca in Diretta Tanslator: Cristina Ambrosi
 
Scenari Immobiliari: real estate investments in Rome to reach 3 billion euro in 2020
06 November, Il Sole 24 Ore The Rome real estate market is giving positive signals, according to Scenari Immobiliari. The city has reported investments for over 2 billion so far, representing 19% of the national investments, and it’s expected to reach 3 billion next year. Lazio confirms being the second largest property market in Italy – Lombardy is the first – with 72,500 transactions, 39 thousand in Rome (+10%). Prices rose by 0.7% on average in the city. Source: Il Sole 24 Ore Translator: Cristina Ambrosi
 
Naples: a historical building in Piazza Nicola Amore has been converted into luxury homes
28 October, La Repubblica Following the sale by Risanamento to Solido Property, a historical building in Piazza Nicola Amore has been restyled and converted into modern luxury apartments, while preserving its original features. The building, formerly occupied by offices, is part of the restyling process the square is going through, with the new metro station designed by Massimiliano Fuksas expected to open in 2021. Source: La Repubblica Translator: Cristina Ambrosi