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.
Relocating or retiring to Calabria
RELOCATING OR RETIRING TO CALABRIA
Many people have dreamt of buying a property in Italy; however, they are instantly discouraged due to high prices. However if you are looking for a cheaper option, relocating to Calabria could be exactly what you are looking for.
Calabria is one of Italy’s new emerging property markets, and is a great area to invest in Calabria property or as an area to relocate to. The property prices here are only a fraction of the cost of a property in the North of Italy (starting at only €46,000). As well as this the Cost of living is also said to be less than a third of the cost of living in the UK. Calabria is located in Southern Italy and enjoys good all year round weather. It is a narrow region, which extends to the Mediterranean, and possesses sandy beaches and bordered pine forests as well as stunning rock formations all along it expanse of coastline.
One of the reasons why Calabria has suddenly grabbed the attention of investors and tourists is that improvements on airports and other means of transportation have been conducted. Apart from offering low-cost airlines, Calabria has established new routes that are accessible from the United Kingdom as well as other areas of Europe and Russia. Direct flights also encourage tourists since it would only take two and a half hours from UK and some areas in Europe. One of the airlines offering direct flights is Ryanair, which flies five times a week from Stansted to Lamezia Terme Airport. ThomsonFly also operates flights once a week from Gatwick and Manchester.
The beauty of Calabria is alluring many people. In fact, many investors and tourists are already relocating to Calabria. The Sunday Times has recognized the region as having the best beach holidays while Amanda Lamb of A Place in the Sun has acknowledged Calabria as highly recommended.
The Italian government continuously encourages improvement on Calabria’s tourism. One of the most significant good news for investors is that the government is investing money in the region. The roads are being improved as well as the international airport with regular flights from Switzerland, Holland, United Kingdom, and Germany.
If you are looking to relocate to Calabria or relocate to Italy click here for further help.