Why is Calabria Property So Cheap?

May 17, 2012
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Calabria is a region on the south-western tip of Italy, and as places go it is surely one of the most beautiful in the world. Far from over-developed, gorgeous meadows slope up gentle hillsides from the sea which surrounds you on three sides.

The fact that it is in Italy alone should make property start at £120,000, the gorgeous coastlines, landscapes and climate should secure the prices at that floor. Yet you can buy a property in Calabria for 62,000 Euros. That’s a 1 bedroom apartment in Calabria for £52,825 at the moment, and with the Pound strengthening this is getting cheaper still to British buyers. So why is this?

The answer is that overseas property buyers, Calabrian-Property.com’s target market are buying off-plan property in Calabria, as there aren’t many resale properties to choose from in Calabria, and when you remove those who won’t sell to foreigners it becomes even less.

So, as an overseas buyer of Calabria property, you get a discount because of what is seen as the risk of buying off plan property. Therefore you are actually getting a far better property than you are paying for, because you are getting it for below its market value. This is also giving you instant equity in the property, and instant return on investment.

When these properties are completed they will not only be liveable, but luxury living and capable of fetching top dollar on the rental market. Contact us to find out more about buying property in Calabria today.

Shopping in Reggio Calabria

May 16, 2012
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When visiting a foreign place for a vacation one thing on the ‘have to do list’ is shopping. This is the time when people would like to bring something home to their friends or loved ones from their trip; or even perhaps for themselves  to use during their stay or to enjoy when they get home. When visiting southern Italy, Shopping in Reggio Calabria is a must. There are various places where one can go and enjoy the wares they offer.

Something which a person who wishes to go Shopping in Reggio Calabria needs to keep in mind is the fact that the outdoor markets are held seasonally in different towns as a feature. In Soverato for example, this is considered to be the biggest flea market in the region with about 50 stands. It is held ever last weekend of the month where various paintings and framed pictures are sold. In Crotone, there are about a hundred stands in Piazza Duomo during the first weekend of the month. And in Cosenza, on the second Sunday of the month, various antiques and ornamented pieces are sold. Food markets are also open each day of the week; varying depending on the location. These schedules are widely available and most residents would probably know the schedule by heart. One can find all sorts of items from simple snacks to meals and fresh food items and even cookware and clothing as well as souvenir items.

Infrastructure Improvements in Calabria

May 15, 2012
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infrastructure improvements calabria

infrastructure improvements calabria

Infrastructure Improvements in Calabria

Calabria in the southern region of Italy has undergone several significant infrastructure enhancements through the years and is continually improving thanks to the new money being made available to the region.  Because of more tourists and business to the region as well as greater access people are finding Calabria one of the most irresistible getaways in Italy.

Infrastructure improvements in Calabria both travelers and investors have noted include road enhancements and easier access.  A good number of roads have been linked strategically to other towns, making the region more accessible to major European hubs. These include major markets in Germany and the United Kingdom. This is just some of the indications that southern Italy has opened itself rapidly and emerged as a viable market for Calabria property.

Investments have also been poured in the airports in Calabria. More cheap flights have been made available, leading to an upswing in tourism level over the last few years. The availability of more direct flights and low-cost carriers offering convenient flight connections with neighboring areas in Italy and key cities in Europe has made the region even more accessible.  With more visitors being encouraged to invest in Holiday homes in the region, there has been a positive effect on the local economy. HQGYE5MU7C93

Aside from more elegant residential projects, spa resorts, hotels and beautiful mixed-use structures are being planned for construction in many areas of Reggio Calabria. Among the ambitious projects is a museum and multifunctional building consisting of administrative offices, gym, retail shops and a cinema. A distinguished urban design architectural firm has been commissioned to design the museum, which takes on the organic shape of a starfish that’s envisioned to help in the coordination and conveyance of matters among the various sections of the museum and linked facilities.

With the Infrastructure Improvements in Calabria happening now it is a great time to take note of this beautiful emerging region.

Calabria Property Among Best in Europe for Investment – Experts Say

May 14, 2012
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Calabrian property has been recommended as “among the best in Europe for long-term investment”. The stability and exclusivity of the region makes it a fantastic place to invest in property, as a holiday home investment or simply an investment according to Liam Bailey. He wrote on the company blog:

I would choose Calabria [for a long-term holiday home investment], because when the time came for me to sell, I know there will be strong demand for property, because the government is determined not to let Calabria become over-developed. I also know that if I decided not to sell, the safety of an Italian property would give me a wide range of options for equity release.

We spoke to Liam on the phone and he also said that he would probably be looking at securing his finance for the purchase now, so he was ready to act when the right opportunity presented itself.

“I would want to have the funding in place, so that when the Pound peaks I am ready to dive in and get a bargain,” he said.

The Pound has recently strengthened from being worth 1.07 Euros in April, to being worth 1.17 in the last fortnight. It is currently worth 1.16 Euros. From that we can suspect that 1.17 – 1.20 maybe the ceiling, and buy when it reaches this ceiling for maximum instant equity.

Sailing in Calabria

May 13, 2012
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Novice or experienced, Calabria offers one of the most unique sailing areas. One of the beautiful towns in Calabria, Tropea, even has schools teaching the maneuvers for sailing and windsurfing enthusiasts. Courses include catamaran sailing and windsurfing for neophytes. Get the thrill of your life by checking out the famous windsurfing and sailing stations, or try the Hobie Cat training donning suitable gear like wet suits and life jackets.

There are several fascinating islands and sailing areas off Calabria, like Isole Eolie. You may enjoy a guided tour and choose an itinerary departing from Tropea. The islands in the isle of Lipari, with its wide variety of landscapes may be among the focal points of the cruise. One of the dream sailing destinations is Mar Tirreno. Salina, part of the Aeolian Islands, captivates with its lush nature, while Filicudi enchants and ranks among the top snorkelling and sailing vacation spots. Panarea also beckons.  Though it is the smallest of the Aeolian Islands, Panarea is known as the summer retreat for Italy’s well-heeled.  Elegant villas and remarkable-looking yachts in the port are a common sight in Panarea.

A cruise to the scenic and historic islands which are situated a comfortable distance from each other and from the Calabrian mainland will also give vacationers a glimpse of evidence of volcanic history. A tour may even be arranged up to the crater of a volcano.

Time your sailing vacation between early spring and late autumn and have the time of your life sailing with friends in Calabria.