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Old 24-01-07, 09:00 AM
adriatica adriatica is offline
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actually a bit sad replying to my own thread but watched ballero last night in which the above news came under discussion so its really a bit of an update....

they produced a card with calculations... estimate of the increases basically

an average 100,000 house catastal value will have a market value of 300,000

they used a formula averaging out catastal values as 1/3 market values

estimated ici now 370 ... after revision 1370

of course there will be areas ...say the molise on a remote hilltop where the market value will not be three times the catastal value...conversely rome city centre or milan will maybe be five times

so these are average estimates and it seems where market values have increased more dramitically over the years the increase will be higher... quite a bit higher
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