We are selling our house after building it and living in it for the last 15 years. The house is too big for us now that all the children have left and we will now base ourselves in the UK. However, It is not a good time to sell as loans are more difficult to get and less houses are being sold during the economic downturn. I would say that the UK housing market is much more fluid and dynamic than here in Italy. Families tend to own a house that gets handed down the generations, or else the father builds a house for his son or daughter. I don’t think there is any inheritance tax or capital gains tax on the primary house. This way wealth stays in the family. Probably for this reason we should hang on to it or “give it” to our kids. Travelling so much would mean that the house will be empty for longish periods though which would not be too good. So right now if someone wants to buy it we will sell it.
The house is in a nice position about one kilometer up from Lago Maggiore. It is with an agent who has now asked us to update the photos. So I thought I might as well put them up here as well. I will be sorry to leave this area but logically it makes little sense to stay here now that I have no work ties, and all our children are scattered around the world.
Price ? Less than you would imagine.
