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SHARP FALL IN THE PROPERTY MARKET: NEW OPPORTUNITIES OPEN UP FOR ENTREPRENEURS IN THE OLTREPO‘ PAVESE AREA

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Focus Oltrepò
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At this time of change in the real estate market, there are many business opportunities that can have a big positive impact on the economy and tourism of the Oltrepò Pavese.

The real estate market in Europe and Italy is undergoing a phase of significant evolution, with multiple factors contributing to define its current situation. At a European level, market trends are influenced by economic and monetary policies, with the focus on fighting inflation and increasing interest rates, as recently announced by the European Central Bank.

In Italy, this trend is evident with a sharp drop in real estate purchases and sales during the first half of 2023, with a forecast of further declines in sight by the end of the year.

However, in this panorama of change, Oltrepò Pavese emerges as an area rich in potential for investments and entrepreneurs who can take advantage of this situation.

Since tourism is a sector that plays a significant role in the Oltrepò Pavese, the lowering of prices in the real estate market can represent an extraordinary opportunity for those who wish to invest in this territory. Old farmhouses and other properties can become the ideal base for starting up entrepreneurial activities in the tourism sector, such as agritourisms, restaurants and other initiatives linked to wine and food tourism.

This not only enhances the cultural and natural heritage of the Oltrepò Pavese, but also contributes to the economic development of the region. Supporting this great opportunity and all those who decide to take this path are the numerous calls for tenders and contributions available at regional, national and European level. These funds can provide the financial support needed to renovate real estate and successfully start the business of one‘s dreams. Investors can benefit from significant incentives that facilitate the start-up of new entrepreneurial initiatives, thus contributing to the economic progress of the territory and the increase of the tourist offer.

In conclusion, Oltrepò Pavese offers a unique opportunity for those wishing to invest in real estate and tourism. The combination of affordable real estate prices, the tourism potential of this territory and the financial support available through calls for tenders and contributions, makes this area an ideal place to transform old farmhouses into successful entrepreneurial activities, while promoting the culture and natural beauty of the Oltrepò Pavese.

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