Calabria Named one of Top 5 Sunny Destinations for Bargain Property and Great Beaches

Overseas property portal Property Abroad.com has named Calabria one of the 5 best sunny locations for bargain property and great beaches. The author writes:

“You can’t have a beach-list for me, without including Calabria: Mediterranean beauty comparable to the favourite Tuscany, but property at half the price, and pristine beaches surrounding you on three sides. Most beach property in Calabria comes with sea-views owing to the fact that the land slopes upward away from the beach for the most part.”

Obviously Calabria is our favourite place in the world, and that is because of the great beaches and climate we are always praising, but it is always nice to hear someone else saying it too.

Calabria property is quite simply one of the best places in the world to make a mid-long term investment, be that a holiday-home investment or pure investment.

You have the fact that the area will never be over-developed to put constant upward pressure on prices, on top of the fact that it is in the established market of Italy, which among other benefits means it is comparatively easy for foreigners to get a mortgage to buy Calabria property.

Calabria property will increase in value by at least 100% in the next 5 years, and another 100% in the next 5 years, although this 200% increase could easily happen within 7 years. Once property values are 200% higher than their current level, growth will slow to the established market average of 10% per year.

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