NAPLES, ITALY- Italy Sotheby’s International Realty, the leading luxury property company in the region, has expanded its presence within Italy, with the opening of a new office in Naples. The Naples office marks the 11th location in Italy for the global real estate brand. This expansion comes on the heels of a successful years operating in the area. In the last four years, Italy Sotheby’s International Realty completed over 40 transactions for a total of approximately £130 million, and expect demand to continue growing.
Strategically located within the historic Palazzo Partanna in Piazza dei Martiri, the heart of Naples, the new office will be staffed by a team of five real estate experts well-versed in the local property market.
Lodovico Pignatti Morano, Managing Partner of Italy Sotheby’s International Realty comments: “We opened in Naples due to increasing demand from clients interested in investing in property along the picturesque Amalfi Coast, the prestigious islands of Capri and Ischia, and Naples itself with its rich culture and architecture.
“As pioneers in luxury real estate in Italy we are committed to expanding our regional offices to provide exceptional service that matches the world-class properties we market.”
The Naples office will focus on marketing exceptional villas, penthouses and apartments in Naples’ most exclusive neighbourhoods like Posillipo and Chiaia, many with spectacular sea views. Recent record sales brokered by Italy Sotheby’s International Realty include a villa in Naples valued at between £5-10 million, a villa in Capri in the same price bracket, and a coastal villa in the Amalfi Coast region. Historical and architectural gems sold include properties once inhabited by Oscar Wilde and the aristocracy.
Lodovico Pignatti Morano continues: “The Naples office aligns perfectly with our client-focused expansion strategy. By establishing outposts in highly sought-after locales like the Bay of Naples, we can provide our signature premium service to a wider audience. This enables us to continue showcasing the most spectacular Italian properties to discerning buyers across the globe.”
The new office will also cater to the thriving tourist sector by managing exclusive short-stay retreat rentals concentrated along the stunning Amalfi Coast and on the island of Capri.
Sabrina Majello Head of Sales, Naples office, Italy Sotheby’s International Realty, comments: "Our clientele in this area is extremely diverse, with a significant percentage of national buyers, around 70% of the total, and international buyers, especially Americans and North Europeans from Switzerland, Belgium, and Germany who seek proximity to both the sea and the city centre."
About: Italy Sotheby's International Realty Created in 1976, the Italy Sotheby's International Realty brand is distinguished by the commitment to impeccable service that has characterised Sotheby's Auction House for more than two centuries. Italy, among the 5 most visited countries in the world and unique in its priceless artistic and cultural heritage, excels in nature, fashion, design and food and wine. This is what Italy Sotheby's International Realty represents every day with a leading position in the promotion for sale and rent of the most prestigious properties. With 11 offices in Naples, Milan, Rome, Como, Florence, Lucca, Turin, Lake Maggiore, Verona, Porto Cervo and Noto, and 2 showrooms in Milan and Rome, Italy Sotheby's International Realty works with 26,500 brokers in over 1100 offices in 83 countries around the world offering its services through dedicated departments: Residential, High Street Retail, IAS - Investments and Advisory Services, Retreats (Luxury Vacation Rentals).