Monday, March 21, 2011

Calabria – Firmly Back On Overseas Property Investors’ 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 firmly established itself as a favourite property investment destination. One of Italy’s best kept secrets, Calabria has emerged as the region of choice for many people looking to buy a property abroad with potential.

Located on the southern most tip of Italys peninsula, the province has a wealth to offer in the way of fine cuisine, stunning natural surroundings and warm friendlyl local hospitality. The cities have a rich heritage which includes both Roman & Greek influences, the region also benefits from some of Italy’s most noted vineyards.

A year round tourist resort, Calabria offers a warm Mediterranean climate that caters to both sun-aficionados and winter sports enthusiasts. The European Union has committed funds to improve the areas infrastructure and transport links as part of the 2007-13 EU cohesion plan.

Italy’s elimination of inheritance tax, its full membership of the European Union and bank guarantee on property, meaning that should a developer default on the build the investors 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.

Investors who already possess property in Calabria will be happy to hear that low-cost airline Ryanair will be re-introducing the very much in demand route from London to Lemezia Terme International starting April this year. Monarch airlines will also be starting routes this summer, given the popularity of Calabria as both a holiday home and tourist region.

One development that has been attracting a lot of attention is the Zambrone Beach resort which provides luxury apartments with impressive sea views from only 229,000 Euros. There is direct access to a private beach, a Jacuzzi on the roof and BBQ area. 60% finance is available and properties can be reserved with as little as 3000 Euros.

For those 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 acquired from 325,000 Euros. This low-density project provides investors their own pocket of Italian rustic charm yet is situated only 10 minutes away from the nearest beach.

Experience International, the Calabria property experts, are providing prospective buyers the opportunity to see a range of apartments and villas in Calabria with their tailored inspection tours for only £99 per person including accommodation and flights.

As Steven Worboys, Managing Director of Experience International comments,

“Calabria was Italy’s best kept secret for many years but now the region has been discovered and is appealing not only British holiday makers and property buyers but also Germans, Russians, Polish and Scandinavian nationals looking for stunning scenery, a Mediterranean climate and inexpensive living within a few hours flight.”

If you are interested in taking advantage of this unique opportunity or want more information about Calabria property for sale then please contact the experts at Experience International on +44 (0) 207 321 5858 for an overview and further information, or visit Experience-International.com


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