Q&A: What is stopping Italy becoming the next boom market of Europe?

Eri Mitsostergiou, director of European research, Savills

Italian investment volumes have been increasing steadily since 2012 and last year’s total of almost €10bn is 3.7 times higher than five years ago.

Italy has now become the “next stop” after Spain for investors who have been looking for better returns beyond the core markets.

Despite its slow growth and political unpredictability, Italy has proved to be a stable and less volatile market partly because of a lower penetration of cross-border capital compared with other markets.

Italy is a G8