According to the surveys conducted by Mutui.it and Facile.it, the number of applications for loans to renovate properties grew by 5% in the second half of 2013 - The average figure obtained is 72 thousand euros, while the duration of the loan is around 15 years.
Building renovations are regaining momentum, thanks above all to tax deductions. According to Mutui.it and Facile.it, loan applications for this purpose would have increased by 5% in the second half of 2013.
The average figure obtained from applicants in the period considered was 72 thousand euros, a sum equal on average to 26% of the total value of the property.
The duration of the loan is around 15 years and the variable rate prevails, at 58%, while fixed-rate mortgages stop at 37%.
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