Calabria Property: A Unique Opportunity
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Calabria property in Southern Italy truly is a unique opportunity as it offers buyers the chance to buy into the safety of an established market, with the growth potential and at the prices you would expect to find in an emerging market.
Southern Italy has only been discovered by tourists in the last few years and visitors looking for new regions to explore, quickly found the virgin beaches, laid back lifestyle and glorious sunshine of Calabria and this region compared exceptionally well to better known and more exotic destinations.
Property in Calabria : Past and Present
Calabria property sprang onto the radar of overseas property investors in a big way in 2008, when it received its first wave of off plan developments on the back of massively rising tourism. Among its strengths were property price growth forecasts of at least 10% per annum, and rental yields of 6%, which would grow in line with the rising tourism.
Though the Calabrian property market has not been directly affected by the international downturn that descended on the world in the final quarter of 2008; like so many other places it has been indirectly affected by the lack of foreign buyers. This meant that it did not reach its property price growth forecasts. But this is a good thing, because it has all that pent up growth potential stored for when the international economy recovers.
Why Choose Calabria Property
Calabria is set to become the next Tuscany in terms of popularity with tourists and overseas property buyers, yet Calabria property can currently be bought for a fraction of the price of its Northern neighbours. This gives way to forecasts that Calabrian property will double in value over the next 5 years and treble within 7 years.
In terms of rental returns, again these are expected to rise significantly as finance is pumped into the region from both Central Government and the local administration, opening up International Air links and a greatly improved motorway system.Occupancy of property is currently healthy, particularly during the Summer months when travellers from other parts of the country as well as Worldwide visit and good class letting units are in short supply.
Calabria Property for sale: Best Buys
To take advantage of the current market situation, expertise and knowledge established over a period of time is vital. With offices in Calabria, we are able to offer a bespoke service and tend to specialise in key ready or nearly, finished new build opportunities. This gives the Client the advantage of being able to see the actual product and ascertain more exactly what they are getting and the time frame in terms of completion and occupancy.
Peace of mind is paramount and whilst marketing a large number of properties, we appreciate and are totally aware that it is a major decision a buyer makes.The experience should should be pleasant and enjoyable with every question being answered, whether the property is built or indeed off plan.
Offering a wide selection of property, from Apartments to luxuriously appointed Villas in differing styles, and with prices starting from as little as Euros 46,000 there is truly a dream home to fit everyones expectations.
We look forward to welcoming you personally to our little piece of paradise.
