April, 2024
Investment to Bring Growth to Calabria, Strengthening Calabria Property
Calabria is back on the path to becoming one of Europe’s top property choices, regaining the limelight that it, along with all overseas property hotspots lost when the crisis caused desire to buy overseas property to die in all but the super wealthy.
Italy has long been one of the most popular tourist destinations in the world, and the likes of Tuscany and Chianti have been among the most popular destinations for overseas property purchases, though they quickly became too pricey for the majority of buyers.
Here comes Calabria, offering all that is quintessentially Italian. Naples to the north, Sicily to the south, oceans to the east and west and a fantastic climate — what more could you ask for? Low prices? That is arguably Calabria’s main strength. For people priced out of Tuscany, Chianti and even Naples and Sicily can easily afford to buy property in Calabria. Please use the links to find out more about Calabria property.
Category : News
These new 2 bedroom apartments are close to completion with fantastic views overlooking some of the best coastline in Calabria. With the 180 degree panoramic views it is possible to see the Aeolian Islands and all the way to Sicily.
Set in a gated development each apartment has either a large terrace or garden which have sun most of the day. The location of Joppolo is close to Capo Vaticano and Tropea and is a typical Italian Village to enjoy the laid back Italian lifestyle.
Each apartment has 2 bedrooms and open plan kitchen / living room with large terrace doors opening out onto the Terrace or gardens.
Category : property
Lamezia airport in the Southern Italian region of Calabria has released strong passenger growth figures of 16.2% in 2010, the highest increase anywhere in Italy! With Ryanair increasing its flights to Lamezia airport in 2011, the airport is expecting a further 2 million more travelers in 2011.
This shows the continued strong growth for Calabria.
Category : News
Calabria is an often overlooked part of Italy which offers much better value for money than the northern regions. Property in Calabria is often substantially less expensive than better-known regions and because of this, is likely to give a better return on your investment.
Tourism to this area is increasing and the Italian government has already identified southern Italy as being an area full of natural resources and with great historical interest.
As such this whole area, including Calabria is the subject of €100 billion worth of investment from the EU. This investment plan began in 2007 and will continue until 2013. The result will be a greatly improved infrastructure which is already attracting more tourists.
What’s more the local airport at Lamezia serves direct flights from London Stansted, Heathrow and Gatwick, with Ryanair launching new routes to the airport from the UK last month.
Calabria is ideal for people interested in culture, fine dining, relaxing on the beach or even skiing, and this wide diversity within the region substantially increases the rental opportunities.
Its close proximity to the UK makes it ideal for second home owners wanting to escape for long weekends, while still being able to generate income from tourists. This area has been highlighted as one of the emerging markets in Europe, and anyone can see the potential for property price appreciation in the coming years.
Category : News
Tropea View Apartments with their breathtaking views have already provoked a phenomenal amount of interest.
The location certainly marks it out as a development that will be one of the best in Calabria, ensuring
that this project will be hugely popular.
The development is close to Tropea with easy access to the local beaches and high enough to view some of Calabria’s most spectacular coastline.
Architecturally stunning, the development is made up of luxury 2 Bedroom Apartments.
Category : property
This exclusive and luxury development of chic, Italian styled apartments is set in beautiful and tranquil surroundings. Designed to take advantage of the backdrop of the Sila Mountains, these apartments offer excellent size living space and outside areas, complimented by very high specification finishes and lush landscaped gardens.
The Region which borders the sea enjoys warm and pleasant weather all year round and with easy airport access nearby, makes it an ideal destination for any length of stay. Being a World Wide Heritage Site also ensures that it will forever retain its stunning sandy shores, crystal clear seas and peaceful pine forests.
Le Castella Apartments are only a few minutes away from the beach and the charming village, with its iconic castle, picturesque streets and waterfront ambience. Not surprisingly great seafood is always on the menus of the many restaurants, together with sublimely fresh local produce, fantastic wines, ice cream and a multitude of other delights!
“Truly amazing property, truly amazing prices, a truly beautiful spot”
Category : property
All Prices only €46,800
Vista Panoramica
Total Number of Apartments: Phase 1, 8 apartments remaining.
(Phase 2, 16 apartments)
* Distance to Airport: 20 minutes
* Distance to Golf: 30 minutes
* Distance to Train Station: 5 minutes
* Distance to Beach: 4 minutes
* Distance to Services: 2 minutes
Key Points
* Low cost apartments
* All apartments have balconies or a garden
* High quality build
* Good rental potential
* Stunning 180 degree sea & mountain views
* Close to harbor
* Tranquil location
* Located in Calabria’s Wine region
* Beautiful promenade with beachbars on the seafront
* Communal Swimming pool
Description
Set on a small hill overlooking the Ionian coastline, this unique development has breathtaking views. The development is only a short stroll from the seafront promenade, with many beach bars and restaurants to choose from making this the best area to spend the long summer days. The apartments are situated in one of the most picturesque areas of Calabria and close to the the main wine producing areas such as Ciro. The area is already well know by many Italians who holiday here every year, and with more and more Europeans starting to discover the area, rental and property prices are starting to increase significantly.
To get here by air, the closest airports are Crotone, Lamezia and Bari.
There are only 9 apartments remaining on the first phase, all with sea views and these will be completed by the summer. Each apartment has sea views from the good sized gardens or terraces. It is also possible to add an internal staircase making downstairs a daytime living area and upstairs bedrooms. With prices of only €46,800 for a 2 bedrooms apartment this development offers exceptional value for money.
Category : property
A very easy, few minutes drive from Lamezia Airport, this stunning and as yet overlooked area of Calabria with its blue seas and miles of pristine, golden sands is just waiting to be discovered. With the local government funding a brand promenade which will connect some of the best seaside towns and villages, the location of our Lamezia Beachside Apartments is idea.
Set adjoining pine woods, the development offers residents a peaceful retreat which can be enjoyed relaxing around the pool. Alternatively water based activities are on offer with the beach only a few steps away.
Combined with a local new mall and the main town of Lamezia, a range of shops offering local produce and numerous bars and tempting restaurants can be found nearby.
Category : property
Development Name: Mare Azzurro
Total Number of Apartments: Phase 1, 6 apartments remaining.
(Phase 2, 4 apartments)
Prices only €89,500
* Distance to Airport: 15 minutes
* Distance to Golf: 30 minutes
* Distance to Train Station: 4 minutes
* Distance to Beach: 1 minute
* Distance to Services: 3 minutes
Key Points
* Low cost beach apartments
* All apartments have balconies or a garden
* High quality build
* Good rental potential
* Stunning sea views
* Located just 15 minutes from the airport
* Beautiful promenade with beachbars on the seafront
* Communal Swimming pool
Description
This boutique Development is situated on the hillside of the seaside town of Gizzeria in the region of Cantanzaro, Southern Italy ….a popular area with European and Italian visitors alike.
Well known for its long sandy beaches and afternoon breezes in the hot summer months, it makes it the ideal spot for windsurfing, kitesurfing and many other water based sports including diving.
The Development itself nestles on a gentle hill to maximize sea views at the same time being in close proximity to the beach and shoreline. From the terraces and balconies there are extensive and beautiful panoramic vistas encompassing the Tyrrhenian Sea and the entrancing Aeolian Islands.
With a short tree lined pathway from the Mare Azzurro to the waters edge, it is only a short stroll in either direction to take you to many of the beach bars and restaurants dotted along the sands. In town there is plenty to do with markets twice a week, the long promenade attracting visitors all year long and Gizzeria offering all the attractions of a vibrant and inviting scene of culture and relaxation
Category : property
Sabbia Di Marinella is beautifully positioned only metres from the long sandy beaches sweeping past Pizzo and stretching out for miles in either direction. With a mountain backdrop and beach frontage views are some of the most fascinating and diverse in Calabria.
This exquisitely completed development is located in the immediate vicinity of Pizzo with its lively and fascinating old town, in the province of Vibo Valentia. Only about 20 minutes drive from the International airport of Lamezia Terme and only 30 minutes from the gem of Calabria… Tropea, it it ideally placed to accommodate the jet setter wanting to savor both the natural environment and the many restaurants and bustling life the area has to offer.
Enclosed in tranquil surroundings with landscaped gardens and seating, this development has been exclusively designed to provide an incomparable holiday experience. A large swimming pool and sunbathing area on site provides generous space to laze in during the day and when the sun sets, a balmy evening with a drink can be enjoyed on the terrace.
The development is completed and ready to move into for the Summer but there are only a VERY few 2 bedroom 2 bathroom apartments still available. Built to a high quality specification and well located close to all essential shops, if you are after true stylish Italian Living you must act NOW!
Category : property
Commercial property in Italy brought investors an average 5.2% yield in 2011 according to the latest data from the IPD Italy Annual Property Index. This is a massive improvement on the 0.8% yields recorded in the sector in 2009.
It is not all good news though. According to the data the growth was fuelled by increasing occupancy and income returns, capital values continued to fall in 2010. Capital values have fallen 7.8% in the 2 years 2008-2010, although 2010 saw the rate of decline slow greatly, from -4.6% in 2009 to just -0.5% in 2010. This, according to the experts means that we are now looking at a bottom in capital depreciation. However, rental values also fell, according to the index rents were down 0.7% in 2010.
On the bright side vacancy rates fell to 7.3%, the first fall in vacancy rates since 2007, and income returns increased by 10 basis points to 5.7%. This was the highest income return seen for 5 years.
Residential property in Italy is also thought to have bottomed, despite the turmoil in the European economy. According to the latest release of data from the Bank of Italy prices fell just 0.3% in the year to end the first half of 2010. This was echoed by Nomisma, and indepdent think-tank which recorded a 0.6% decline during the same period. Because prices in Italy have not seen a steep decline during the crisis, prices are now thought to be stable at their current level.
Calabria can take its fair share of the credit for this. According to reports from real estate agents sales have recovered well since early 2009, and are currently thought to be returning to pre-crisis levels.
Category : News
These apartments are situated on the hill behind Tropea which overlooks the Harbour and Old town boasting some of the best views in Calabria – on a clear day watch the fantastic sunsets over the volcanic island of Stromboli.
The beaches are easy to access as well as the popular resort town of Tropea.
This small development offers lovely apartments in small blocks built on the hillside overlooking the town. The ground floor level has a private patio area and the first floor apartments have sea facing balconies.
The development has communal swimming pool with a bar and landscaped gardens.
Category : property