Calabria – Firmly Back on Overseas Property Buyers’ Radars in 2011
The land of wine, the City of Bronze; the Coast of the Gods; Calabria has been known by many names throughout the centuries, it is now is had firmly established itself as a property investment hot-spot. One of Italy’s best kept secrets, Calabria has emerged as the destination of choice for many people looking to invest in a property abroad with great potential.
Located on the tip of the southern Italian peninsula, the province has much to offer in the way of fine cuisine, stunning natural scenery and friendly local hospitality. Not only do the cities have a rich heritage which includes both Greek and Roman influences, the region also boasts some of Italy’s most noted vineyards.
An all-year round tourist resort, Calabria offers a warm Mediterranean climate that caters to both sun-aficionados and winter sports enthusiasts. The EU has committed funds to improve the areas infrastructure and transport networks as part of the 2007-13 EU cohesion plan.
Italy’s abolition of inheritance tax, its full membership of the EU and bank guarantee on property, meaning that should a developer default on the build the client’s funds will be protected, all make the nation a favourable investment environment. In addition, there is no capital gains tax on a property that is resold after 5 years.
Those who already own property in Calabria will be pleased to hear that low-cost airline Ryanair will be re-introducing the very much in demand route from London to Lemezia Terme International in April this year. Monarch airlines will also be commencing routes this summer, reflecting the popularity of Calabria as both a tourist and second-home destination.
One development in particular in Calabria which has been attracting a lot of attention is the Zambrone Beach resort which offers luxury apartments with amazing sea views from only 229,000 Euros. There is direct access to a private beach, a roof top Jacuzzi and BBQ area. 60% finance is available and properties can be reserved with a mere 3000 Euros.
For investors who are looking for their perfect Italian villa, the Baia Verde resort is an excellent option. A detached 3 bedroom fully furnished villa can be purchased from 325,000 Euros. This low-density development offers investors their own pocket of Italian rural charm yet is located only 10 minutes away from the nearest beach.
Experience International, the Italian property experts, is offering prospective buyers the chance to inspect a range of apartments and villas in Calabria with their tailored discovery tours for only £99 per person including accommodation and flights.
As Steven Worboys, MD of Experience International comments,
“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.”
If you are interested in taking advantage of this unique opportunity please contact the experts at Experience International on +44 (0) 207 321 5858 for an overview and further information, or visit www.experience-international.com.