Why is Calabria Property So Cheap?

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.