As a child my favourite TV programme was the Waltons. The love and warmth, the sharing and caring, working together were all important things to me. I always imagined having a large family, six children seemed a nice even number. Dressed in denim dungarees, chopping wood and baking cakes. Fast forward a few years and four children later, I couldn’t quite manage six!
Realism had settled in, our four children were not all going to work together, but we were delighted when our daughter and son in law decided to join us at Appassionata. Ensuring an eclectic mix of business skills and a huge amount of passion.
Michael is incredibly positive, the glass isn’t half full, it’s overflowing! A successful retailer by trade, he is the left brain, bringing organisation and structure to the table. Not an easy task with our team! He loves business, technology, new apps, upgrades and instant information. He loves people, wine, food and routine. He can sit still for hours at a time, totally absorbed. He enjoys riding a motor bike around India and has just taken up cycling around the hills of Le Marche on a road bike.
I, Dawn, am a creative right brain, day dreamer and find it difficult to sit still. My passions include property restoration, interior design, writing and photography. I find it difficult to plan, organise and structure my life. It doesn’t come naturally to me. Technology is a constant uphill struggle. I see everything visually, designing a new project is easy, my brain takes a series of finished photos and then I work backwards. I spend days driving around antique markets and shops, looking for that perfect piece, details matter. Most of my spare time is taken up with animals, five horses, three dogs and two cats. I love to rescue and rehabilitate. Calming a horse who is petrified of all humans. Rearing and bucking and quivering with fear, they teach us patience, trust and partnership.
India, our daughter, was born to socialise. From a very young age she would talk to anyone and everyone. Very mature for her age, she has a natural talent to listen and be interested in all around her. She settled into her role of sales and client liaison at Appassionata with ease. Everyone loves her non pushy, professional, friendly way. She gets things done. She loves to help our owners organize wine tours, in house dining or truffle hunting. She is everyone’s ‘go to’ girl and nothing is too much trouble. She is mother to Lucas and Mimi, our beautiful
grandchildren, who have added another wonderful dimension to our family.
India’s husband, Charlie, started his working life as a stone mason in France. Over the last few years he has learnt every part of the building process in Italy. He loves landscaping and pool design, and is highly respected amongst our building team for his hard work, dedication and leadership. He now project manages our new properties and oversees all the ongoing maintenance. It has been wonderful to watch Charlie grow and learn, blossom and mature.
We are all passionate about what we do. We recognise if we blend our skills together we have the perfect balance to create beautiful homes in Italy.
Over the coming months we want to share a selection of seasonal recipes with you, from the heart of Italy.
Year after year, as the months and ingredients change, so does the family table. We prepare and serve what is in season, strawberries are ready in April, we don’t eat them in December! The earth gives us what we need, oranges and their vitamin C in winter and refreshing watermelons arrive in August.
Ingredients vary, not just seasonally, but monthly. Sometimes subtly, sometimes dramatically. Each month passes and we see a change in the fields. The locals are passionately involved with their surroundings and respect the land. They lovingly sow their crops and naturally reap most of their produce in the summer months.
Some products are ever present, carrots, celery, sage and rosemary, and they form the basis of most casserole dishes.
Here in Le Marche the quality of the ingredients is very important. Dishes are simple and delicious. A piece of meat, grilled and transformed with lashings of local olive oil, a peach eaten off the tree after lunch. The gorgeous artichoke dipped in lemon juice and luminous green olive oil. Tomatoes bursting with the scent of summer.
It’s April and the weather has changed. We are surrounded by flowering fruit blossom. Their beautiful colours reveal the imminent peach and plum harvest. There is tarragon and rocket and the wonderful arrival of succulent strawberries, which help to rid the body of toxins, accumulated over the winter, with their slightly astringent qualities.
April is the month of spring cleaning and Easter. Artichokes are now in the fields. Their tall, solid, lilac crowned stalks stand proudly in smart lines.
This week’s recipe – starting with something simple.
Carciofi Ripieni – Stuffed artichokes, perfect served with roast lamb.
12 medium globe artichokes
1 medium bunch of parsley, chopped
4 garlic gloves, peeled and finely chopped
3 tablespoons olive oil
30g (1oz) butter
500ml (2 cups) vegetable stock
Rinse the artichokes and trim the tough outer leaves.
Cut away about a third of the top spear of each artichoke. Cut away the stem completely, in line with the artichoke bottom.
Put each artichoke bottom side up, onto a wooden chopping board. Push gently against the artichoke with your hand to widen the central cavity of the artichoke. Using scissors, snip away any top spikes of the internal small leaves.
Mix the chopped parsley and garlic together and divide the mixture between the artichoke cavities and the leaves.
Put the artichokes upright in a high rimmed saucepan, where they can fit in a single layer. Drizzle with the olive oil, season with salt and pepper and add the stock. Put a knob of butter into each artichoke and bring the stock to the boil. Spoon over a little of the stock, lower the heat, cover and simmer for 30-40 minutes, until the artichokes are tender. Remove the lid and continue cooking to reduce the liquid until only a little remains.
Our weekend in Florence was over in a flash and we reluctantly flew back to London Stansted airport. Low grey cloud and drizzle welcomed us with open arms. We drove home through the gloom and heavy traffic. I was now on a mission to return as soon as possible, my heart was still in Italy…..
I spent my evenings trawling through the internet. Searching properties for sale, contacting agents and familiarising myself with the region.
Four weeks later we returned to explore the area of Tuscany. Beautiful it certainly is but something was missing. We were attracted to Italy, the culture, the lifestyle, the language. Walking around the streets we were engulfed by large groups of tourists and their coaches. We wanted more Italianness, is that an actual word!
We were not down hearted, but more determined to find our perfect place.
I am a great believer in fate. A week later Michael phoned me from work. He had just had lunch with a couple of business associates, one of whom was David Scacchetti, a co-founder and CEO of Mamas and Papas. He was married to a beautiful girl from Le Marche, in the heart of Italy, and owned a house in Civitanova Alta. Michael had talked to him about our love affair with Italy and our plans to buy a home. David made Michael promise to visit the region of Le Marche before we made a decision. I was intrigued, although I had never heard of Le Marche, David has impeccable taste, it would definitely be worth a visit.
I spent the next couple of hours researching everything I could about the region. The close proximity to both the sea and mountains was a great plus and the air quality would be amazing!
Once I have an idea in my head I’m like a dog with a bone. I wanted to get the ball rolling. By the time Michael returned home that evening I had booked our flights to Ancona. The hotel booking in Pedaso was confirmed and appointments set up with a couple of agents to view various properties.
A couple of weeks later, clutching maps and a pile of property details we flew into Ancona. We descended the plane steps and I gazed around. Airports are never the most attractive places, but I instantly liked this one. It was small and neat, even I wouldn’t get lost here. I turned to Michael, “it smells lovely here, warm and flowery” he raised his eyebrows and shook his head. To me it was obvious, places have a particular aroma, it’s one of the first things I notice when I arrive somewhere new.
We picked up the hire car and headed to the coast road. The motorway is a much quicker route, but we wanted to explore.
“This is it” I said to Michael. “This is what?” We had been on the road for about thirty minutes, but I knew. A gut instinct, that special connection, when something just feels right. Michael gave me a strange look and we continued our journey. Beautiful white sandy beaches on the left, ancient hill top towns rising up on the right. We stopped for lunch at a beachside restaurant in Civitanova. After a light lunch of fresh mussels and a glass of chilled Passerina, Michael was beginning to agree with me.
We pulled up outside Hotel Villa Ricci in the small coastal town of Pedaso. I always love to stay somewhere which represents the country I’m visiting. I avoid staying in large modern skyscraper hotels. The furnishings are modern and minimalist and often quite boring. Villa Ricci was everything I loved and more. From the moment we walked through the door. Exquisite pieces of Italian antique furniture were carefully arranged on the marble floor. Beautiful crystal chandeliers caught the light of the afternoon sun. Beyond the reception was a large door leading out into an enchanting walled garden with the scent of orange blossom.
An elegant staircase took us up to our first floor bedroom which was just as beautiful. A lovely glazed sun terrace led off the bedroom with views over the Adriatic Sea, bliss.
We unpacked quickly and changed into something a little more summery. We went for a walk, the sea was so close, I needed to be closer. I kicked off my shoes and rolled up my trousers. The water was wonderful, refreshing but not too cold. We walked along the promenade and smiled at the locals, who greeted us warmly.
That evening we had arranged to meet up with one of the agents in our hotel bar. Fabio was half English, half Italian, so language would not be a problem. We arrived early and ordered a bottle of prosecco. We chatted to the barman, in sign language and charades, as he brought over a selection of olives and cheese.
The agent arrived, he was very friendly and knew the area well. His mother’s family had lived there for generations and he seemed well connected. We discussed in more detail what we were looking for, the classic Italian farmhouse which we would loving restore over time.
We mentioned we were also meeting another agent the following morning to view properties further in land, closer to the mountains. He tried to dissuade us, but we wanted to explore everywhere.
The following day, we drove inland in search of our dream. Amandola and the surrounding villages were lovely, but a little too remote. I was going to be spending time alone here overseeing the restoration. I didn’t want to feel too isolated and become the mad English woman living in the mountains! It was important to be within walking distance of a town with shops, bars and restaurants. The coast was also an important factor and we felt it was too far away from the water. We didn’t want to be spending long periods of time in the summer driving backwards and forwards to the beach.
The next day we met up with Fabio again to view properties closer to the sea. I had already seen my dream home on the internet a few days earlier. A dilapidated farmhouse with sea views and a fenced off paddock, ready for my horses! We pulled up outside. “I don’t think this is the right house Fabio, where’s the sea view?” He said if we drove a few minutes down the hill and round the bend we could get a glimpse! I focused on the paddock and asked how many acres were included. Fabio shuffled around awkwardly and told me the paddock belonged to the house next door! We spent the following few hours driving around the rolling hills of Le Marche. The views were breathtaking and the sense of stepping back in time was beginning to wash over me. Acres of vineyards and olive groves surrounded us. I felt my shoulders drop, totally relaxed, as I scanned the countryside.
We were taken to see a large pile of bricks and stone in the middle of a field, listed as a partially renovated house! We drove on. Another ‘house’ was eventually found a half mile walk uphill with no road access. The details stated this property needed minor building work, but something was missing, the roof!
I know the agents in England like to exaggerate on the details of the properties they are selling, but here in Italy it was a whole different level!
I tore up the remaining house details I had printed off, took a deep breath and opened my mind to more possibilities.
Michael was flagging so it was time to get him fed and watered in the nearest bar/cafe. I didn’t want him to go all negative and logical.
We stopped off at a beautiful restaurant, Casa de Mar, in Campofilone. Situated right on the coast, with the sound of crashing waves on the rocks and a beer in his hand, Michael was happy. We ordered sea food pasta and a bottle of pecorino from the local cantina, Centanni in Montefiore dell’Aso. The three of us sat and talked for a couple of hours. We tried to give Fabio a clearer picture of what we wanted, but to be honest, like most people, we didn’t know what we wanted until we saw it. Michael told Fabio that unless Dawn gets that special feeling about a property, we move on to the next. Fabio looked a little perplexed and gave me a nervous smile. With everyone watered, wined and fed we set off again.
We viewed our first occupied house. We were warmly welcomed by a lovely, elderly couple with very few teeth. They proudly showed us round their home, which had been in the family for three generations. We were shown the strawberry plants in the allotment and the oak tree planted by her great grandfather. The bathroom facilities were a little lacking. There was an outside toilet in a shed and inside a shower head was loosely attached to a couple of wall tiles.
It certainly had possibilities but it didn’t have the wow factor.
We drove on, to be honest I had no idea where I was by now, but it didn’t matter, everywhere was beautiful. We were taken to another farmhouse, a promising location, until we stepped out of the car and inhaled. Looking down the valley we saw a long low building. Fabio informed us, rather reluctantly, that it was a pig farm. We moved swiftly on. The next house we saw was lovely, a complete renovation but it certainly had potential. The owners greeted us and took us into a small out building with a rather interesting aroma. There were glass bottles lined up along a rather lopsided wooden shelf nailed to the wall. The owner opened a bottle and poured out a thick, red/brown liquid into a few plastic cups. Homemade vino cotto he informed us proudly.
Vino cotto, literally means cooked wine and is famous in the Le Marche region. It is a strong ruby-colored wine, usually semi-sweet, and traditionally drunk in small glasses with puddings and cheese.
It is produced from the must of the local grapes, heated in a large copper vessel until reduced to a half or third of its original volume, and then fermented. It can be aged for years and barrels can be topped up with each harvest.
It tasted and smelt a little like sherry and reminded me of my grandmother getting rather tipsy every Christmas. We sipped politely as we took a tour of the house. He was very keen to top up our cups, usually when our backs were turned. After the wine during lunch, the hot sun and the long drive I was beginning to feel a little light headed. I think the plan was to get us drunk and shake hands on the purchase of their home! We thanked them kindly for their hospitality and made a swift getaway to the sanctuary of our hotel…. to be continued.
Appassionata is a boutique, family run, fractional ownership business set in the heart of Italy.
We are finding more and more US based owners are seeing the benefits of buying into our fractional ownership homes. Not least because of the very favorable exchange rates.
With 30 year highs in the Dollar/Sterling exchange rate, it makes buying in pounds sterling a very attractive option to those holding dollars. In the last 3 years alone there has been a 30% increase in value. A great time to buy.
The world’s economic uncertainty, not least since the US elections, have a great deal of people thinking about asset protection and diversification.
We are constantly looking for the ‘ideal’ use for our money, wanting to have the best of all things: lifestyle enhancement, great value for money and something to pass onto the kids.
A very select group of Americans have discovered the Italian region of Le Marche and the concept of fractional property ownership with Appassionata. This is quite possibly one of the best ways to diversify your investments while getting the lifestyle benefits of owning a luxury property in Italy, for a fraction of the price.
The AARP magazine considers Le Marche as one of the 5 best places to retire in the world, so it would make sense to consider not only spending more time here but make a lifestyle investment at the same time.
Fractional ownership offers American holiday home purchasers the perfect opportunity to invest in the lifestyle of their dreams on the European continent without any of the potential pitfalls of buying outright.
The simplicity of Appassionata’s offering in the stunning Le Marche region, is where we believe opportunities in the Italian property market are going to flourish. Not only are property prices 35% lower than neighbouring Tuscany, they are significantly lower than the capital city of Rome. The region offers everything from snow-capped mountains to Blue Flag beaches, interspersed with rolling hills dotted with vineyards and olive groves, and picturesque hilltop towns. The rich lands incorporate 180 kilometres of coastline and the largest number of museums and galleries in Italy. Easy access to all the main cities and multiple airports, makes Le Marche ideally placed.
Here at Appassionata, we don’t foresee our market slowing down and have just launched our new property. Il Riposo – ‘The Retreat’ is a unique four bedroom house dating back to the 12th century. Situated in the medieval village of Patrignone the house enjoys open views to the rolling hills beyond and has a private swimming pool sitting within a walled garden. The fractional ownership offered is for a one tenth, five week share in perpetuity, and as the property is held within a UK company your purchase would be in sterling, with prices starting from £95,000 pounds sterling (approximately $118,000 dollars at todays exchange rate) . With over 36 satisfied owners from around the world this proven formula is a compelling solution to purchasing a holiday home in these uncertain times.
This hidden gem of Italy means that American purchasers can own a share in the property of their dreams, benefit as the property appreciates in value, have the freedom of being able to sell, will, transfer or place the share in a trust at any time.
And so, while we continue to watch what will happen in the wake of Trump’s election the financially savvy will open their eyes to fractional ownership as a practical and sensible way of owning and enjoying a luxury property overseas; without the hassle, complications and expense associated with full ownership.
One of our greatest joys is meeting clients from all over the world and introducing them to this very special place. It is wonderful to watch their immersion into Italian life. To experience slow living, to step back time and remember to breathe!
Most of us have experienced life in the fast lane, time passing us by too quickly, but not daring to stop in case we are trampled on in the rush to reach the ever moving finish line!
Appassionata offers you the chance to buy a luxury lifestyle investment to enjoy with your family and friends in the heart of this beautiful country.
I gazed around the Piazza and sipped my cappuccino elegantly, copying the glamorous Italians on the next table. Trying not to get the milky froth all around my mouth.
I love to people watch. The tourists racing to keep up with their flag bearing tour guides. The Nonna’s dressed in black, carrying their heavy bags of shopping back home to their families. I listened closely to the sing song melody of the Italian language, exaggerated with arms and hands waving in the air. Everything about the Italians is passionate and dramatic.
I meandered back to the hotel, absorbed in the sounds of the city. The walk should have taken me ten minutes. You guessed it, luckily for me I took another wrong turning!
I stumbled upon a lovely little shop halfway down a narrow street. The window had a wonderful display of tassels, braids and ribbons.
As an interior designer I am always on the lookout for things fabulous and unique. This was an Aladdin’s cave of colour and texture. I bought tassels in every shape, size and colour. Natural greens, blues and siennas with a hint of gold.
Each item was lovingly wrapped in tissue and delicately placed in a posh paper bag. No sign of plastic in this shop!
Shopping in Italy is a very different experience. Most shops are owned and run by family member. They are proud of what they do and love to tell you how many generations have worked there. Their knowledge is extensive, and they take the time it takes. Note to self, allow more time when shopping in Italy!
I floated back to our hotel, clutching my purchases and feeling rather proud of myself, I had found my way back.
My husband, Michael, was happy. The rugby match had gone well, his team had won and he was celebrating with a cold beer in the hotel bar.
He looked suspiciously at my shopping bag. “What have you bought”? I told him,” gorgeous tassels in natural hues………” I received the typical response from a man who thinks shopping is only to purchase essential items, food and drink. “How many tassels do you need, what are they for, how much did they cost”?!!! I quickly changed the subject and asked about our dinner plans for that evening, while visualising one of the tassels threaded through an antique key, hanging from wardrobe I had recently finished painting.
I eat fish, no meat. Michael loves meat and eats fish. He had spoken to the hotel manager earlier and asked his advice on fish restaurants on the outskirts of the city. Away from the touristy eateries and high prices. He knew the perfect place!
We were picked up in a taxi later that evening, it was the first and only time I have travelled in a taxi in Italy. The manager had given the driver directions to the restaurant so we both sat back and enjoyed the drive across Florence. Thirty minutes later we pulled up outside a large wooden door, with no sign, in the heart of an industrial estate. We stepped out of the taxi and looked at each other, both thinking the same thing. This can’t be right. Before we had chance to get back into the taxi, it roared off into the distance.
We rang the doorbell and waited. I was feeling a little nervous. Not about my surroundings, but it was nine o’clock and Michael was hungry, we needed to find food before he turned all hunter gather on me.
The door opened and we cautiously stepped into another world. Before our eyes was a busy, bustling restaurant. A beautiful, yet simple décor. Delicious aromas wafting from the open kitchen blending with the lively voices of sixty plus Italians all talking at once. In the large walled courtyard, huge interconnecting sunshades provided a soft textured ceiling. The lighting was low and atmospheric, with a blend of candles and fairy lights. Each table dressed with a small vase of fresh flowers. Crisp white linen tablecloths draped down to the cool cotto tiled floor.
We were shown to our table, and looked around. There were large families, three generations enjoying a celebration together. Young lovers with eyes only for each other. Young children out with their parents, babies peacefully sleeping in their pushchairs. Children are always made to feel welcome in restaurants in Italy, however posh or expensive. Family is very important and younger members are never excluded. Another plus for the Italian lifestyle.
Our waiter came to take our order. This was going to be tricky. He spoke no English, we spoke no Italian and had left our phrase book back at the hotel!
We shouted “menu” at him and mimed opening a book. Why do people shout in their own language at foreigners, expecting them to understand once the decibels are turned up?
He shook his head “no menooo, you wanta da otta fish o colda fish”. Whita wine o reda wine? Hot fish we both said, white wine we agreed
I glanced across at Michael, he was looking a little concerned. He’s lovely, but he likes to know what’s happening at all times, in the present and the future. I knew he would struggle with the concept of not being able to converse with the waiter, he loves to talk!
He also likes to see a menu, ask questions and check nothing has vinegar on it. He likes to see the wine list and chat about different grapes, countries, regions, years. He especially likes to see prices and mentally calculate how much the whole meal will cost. He likes to feel in control of the situation.
Our waiter disappeared into the kitchen and we sipped our wine, poured from a glass jug. Michael shared his concerns about not knowing what food would arrive and how many courses would be served. I tried to reassure him. “Let’s just relax and enjoy the experience, it will be fun to try new tastes and not know what to expect”. He looked doubtful and took a large swig of wine, it was delicious, he looked happier.
The more courses we ate, the more wine we drank, the more he relaxed. I wish I could give you a detailed description of the food we ate, but I can’t. I can remember the interiors, because I seem to have a photographic memory for those. I think I drank too much wine and the food detail got lost. It’s a little hazy. What I can remember is that every dish was exquisite, fresh and unpretentious. The seafood was scrumptious the pasta cooked to perfection. I think we had seven courses, to be honest I lost count.
I have never seen Michael so relaxed, enjoying the present and not worrying about the future. We had no idea how much this dining experience was going to cost, we didn’t care.
The waiter brought over bottles of grappa, mistra and limoncello, to help with the digestion! The limoncello was divine. Michael was so, so happy, he tried all three, twice.
We swayed over to the bar to pay the bill and hopefully order a taxi. Michael was very pleasantly surprised when he saw the total, half the cost he had toted up in his head. The bar man generously offered him another drink on the house. I began to wonder if I would be able to get him back to the hotel. The taxi arrived and I managed to steer him onto the back seat and close the door.
We were dropped off at the end of a one way street, only a couple of minutes walk from our hotel. We needed a walk! In the distance we could hear opera music, as we walked closer I recognised an aria from La Boheme, one of my favourite operas. We entered the Piazza, and there under the moonlight of a warm summer’s evening were hundreds of people enjoying an open air opera. I looked up to the balconies of the surrounding apartments, each one crowded with local Italians holding a candle and swaying to the music. It was truly magical and that was the exact moment I fell in love in love with Italy.
Over the past few years many people have asked me to write a blog, me, I’m not even on Facebook! But, I do like writing and relish the opportunity to share our Italian adventures with you.
Was it the classic midlife crisis move, maybe, maybe not, I like to think of it as making the most of life. In 2001 we had reached a cross roads in our lives, and the desire for adventure and change were strong. With four children almost grown up, we saw a window of opportunity, and jumped!
People frequently ask me why Italy, why Le Marche, quite simply we fell in love. Let me explain, up until a few years ago I had never visited Italy, we had travelled extensively around Europe and lived in America for a few years, but Italy remained undiscovered.
Out of the blue my husband, Michael, was invited on a business trip to Florence, and asked if I would like to join him, of course I jumped at the chance to visit the one country I had been longing to see.
I was so excited, landing in Pisa and catching the bus into the centre of Florence, I was finally in Italy for two whole days. As with every weekend, at home or away, there is always an important game of rugby on TV. Michael searched out a bar with sky TV to watch the game that afternoon. I was determined to make the most of the short time we had, plus I knew the shops were fabulous. I have a terrible sense of direction, no inbuilt compass, no natural feeling of north, south, east or west. Sometimes I get hopelessly lost, but these are the times I discover hidden gems. Florence was no exception, I was lost in minutes, wandering the crowded narrow streets which often led onto a beautiful piazza. I found a little café in the heart of the city, and ordered a cappuccino, my first lesson in Italian etiquette, don’t order cappuccino after 11am, it’s bad for the digestion!
“Holidaymakers don’t want to see only Italy’s touristy areas anymore. They want to experience real life – to immerse themselves in the country and its way of life, to eat where the locals eat, to feel part of the town they are staying in.”
For Dawn Cavanagh-Hobbs, founder of fractional ownership company Appassionata, this has been a learning experience. Appassionata’s first two fractional holiday homes, where owners buy a one tenth share of the property and use it for five weeks per year, were located in rural Le Marche. The properties offer the ultimate in luxury rural Italian living, including pools, a tennis court and a working estate producing its own wine and olive oil.
“I was surprised by just how much the owners wanted to embrace the true Italian lifestyle,” comments Dawn. “Of course they enjoyed sunning themselves on the beach and skiing in the mountains, but they seemed just as delighted – if not more so – with buying fresh fish from the local fishermen early in the morning and learning how to make pasta with a local chef. They wanted to embrace Italy in a totally different way.”
It was owners’ feedback that guided the location of Appassionata’s third property, the urban fractional holiday home Casa Tre Archi, in the medieval hilltop town of Petritoli. The three bedroom, three bathroom house with large roof terrace is perfectly located for owners who want to experience urban Italy, from sipping coffee in a piazza to the sound of church bells tolling, to heading to the fruit and veg market to pick out locally grown produce that’s bursting with flavour.
The trend is reflected in official figures, with the Italian Revenue Service reporting a sharp upturn in the country’s buying and selling rates in Q3 2014, an increase of 3.6%. The buying and selling of urban properties was the main driver of the upturn, in line with feedback from Rupert Fawcett (one of Knight Frank’s Italian team partners) in November, who commented that, “there has been increased interest this year in city living.”
Fawcett’s observation was that buyers from the UK and US were leading the charge. Certainly this has been the case with Appassionata’s properties, though they also have owners from South Africa, Switzerland, Scotland, Ireland, France and of course Italy itself.
A one tenth share of Casa Tre Archi can be purchased for just £65,000 and it is this low price point that adds to the property’s attractions, as Dawn explains,
“The beauty of factional ownership is that buyers can get so much more for their money than if they were buying a second home outright. Given that the average second home owner is unlikely to use it for more than a few weeks a year anyway, fractional ownership makes perfect sense. Our owners arrive to find their home ready for use and never have to worry about the upkeep of the garden or minor repairs – it is the ultimate in relaxing holiday experiences.”
For more information visit www.appassionata.com or contact the Appassionata team on +39 33154 13225.