Booming Italian tourism creates plentiful investment opportunities for British buyers
Italy has it all. From beautiful art to delicious food, stunning and varied countryside to flamboyant fashion, it is hardly surprising that the love of la dolce vita is not waning with the Italian tourism market booming, welcoming more than 43.2 million visitors a year. So, if you are looking to buy second property you will be pleased to know that there are large profits to made and plentiful investment opportunities to be had.
Italy’s focus on attracting tourists from emerging markets in 2010 saw visitor numbers increase by 2.2% compared to the rest of Europe’s overall 2.5% increase according to The Travel Industry Global Overview by Euromonitor International resulting in Italy outperforming the rest of the wider travel and tourism Eurozone industry.
With Italian tourism finding its feet again combined with stabilising property prices and a 1.3% GDP growth in 2010, not to mention the abolition of inheritance tax, membership of the EU and bank guarantee on property purchases, potential property buyers along with holiday home investors who predominantly drive the market, will now be on the lookout for their perfect Italian property to reap the rewards.
A particularly popular tourist destination, Calabria located on the tip of the southern Italian peninsula, with its fine cuisine, spectacular natural scenery and friendly local hospitality has emerged as the destination of choice for many people and along with Ryanair and Monarch Airlines providing flights from London to Lamezia Terme International, Calabria offers great potential to anyone looking to invest in a property abroad.
Steven Worboys, MD of Experience International, the Calabria property experts, explains,
“Calabria was Italy’s best kept secret for many years but now the region has been discovered and is charming not only British holiday makers and property buyers but also Germans, Russians, Polish and Scandinavian nationals seeking stunning scenery, a Mediterranean climate and affordable living within a few hours flight.”
For potential buyers looking for their perfect Italian property, Experience International has two amazing developments based in the stunning Calabria province.
Le Palme, located in Santa Domenica is a high specification development starting at €200,000 and has 4 two bedroom apartments of which only two remain available. Situated near a stretch of beautiful coastline on the Tyrrhenian Sea this area is hugely admired by those in the know as one of Italy´s finest holiday destinations. Surrounded by a number of restaurants, it is a 2 minute walk from Capo Vaticano and a 5 minute walk to the dazzling sandy beach.
Nestled in the heart of Calabria’s agricultural landscape, the stunning Giardino Mediterraneo development is situated amongst strawberry fields and olive groves and has 3 two bed two bath villettas available along a gorgeous coast line starting at €229,000. Located 15 minutes from the airport by car, 10 minutes to Pizzo and only a 3 minute walk to the beach, Giardino Mediteranio is perfect for a relaxing holiday or as an attractive investment property.
For more information on these opportunities please contact Experience International on +44 (0) 207 321 5858 or visit www.experience-international.com.