After 17 years at number 24 of the famous Via Matteotti we moved to number 143 on the same high street, into one of the most iconic building of San Remo: “Palazzo Borea d’Olmo”
Palazzo Borea d’Olmo is one of the most important Baroque buildings in Liguria. Built during the 15th century this enchanting noble Palazzo assumed its current appearance in the middle of the Baroque period, between the 17th and 18th centuries.
On the south and west facades there are two marble portals with statues of the “Virgin and Child” and “St. John the Baptist”, works by Fra’ Giovanni da Montorsoli (1507-1563), a favorite pupil and assistant of Michelangelo Buonarroti. The monumental entrance, in pure Genovese style, features columns and marble balustrades, a short staircase and a harmonious game of vaults. Inside, it is decorated with frescoes by Giovanni Battista Merano (1632 – 1698) and Maurizio Carrega (1737 – 1818). To note, a tiny chapel with marble altar and a statue of the Immaculate Virgin by Giacomo Antonio Ponsonelli.
The Palazzo has shared the vicissitudes of local history for several centuries; it hosted a long series of princes, sovereigns and illustrious men: from Queen Elizabeth of Spain, to King Carlo Emanuele III, to Jean Honorè Fragonard, to Pope Pius VII, to Prince Philip of Edinburgh.
We wait for you in our real estate agency in San Remo on Via Matteotti n. 143. You can call us at +393349323000 or write an email to email@example.com
Here you will find a large selection of properties for sale in San Remo: https://www.liguriahomes.com/en/r/ads/sanremo.html
Planning to buy a property in Liguria?
Then 2014 could be the year to do so, because the pound recently hit 1.2258 against the euro, its strongest in 14 months or since January 10th last year, considerably cutting the cost of Liguria property.
To put this into context, sterling was as low as 1.1403 in March last year, meaning the pound has since climbed +7.5%, or 8 cents versus the euro. Were you to transfer £125,000 to buy a Liguria property, you’d therefore now receive +€10,688 more now than 12 months ago!
Sterling has risen, because the UK economy is firing on all cylinders. For instance, confidence among UK businesses recently hit its highest since September 2009. Moreover, the UK economy is forecast to expand +3.4% this year, more than any other major country.
At the same time, the euro has declined, because the Eurozone outlook remains cloudy. For instance, the currency bloc faces a serious threat of deflation, whereby prices continually fall. Moreover, the Eurozone will grow just +1.2% in 2014, according to official forecasts.
Looking forward, the pound could climb further against the euro, as the UK and Eurozone economies continue to diverge. For instance, while the Bank of England is primed to raise interest rates in Spring 2015, the European Central Bank will hold rates close to 0.0% for at least another 2 years.
In short then, Liguria property looks set to stay more affordable in 2014, as the pound leads against the euro!
By Peter Lavelle at currency broker Pure FX. To get free expert foreign exchange advice about the best time to transfer money to Italy for a Liguria property, call us on +44 (0) 1494 671800 or email firstname.lastname@example.org.