"Location, early entry and the exclusivity of this resort make ‘Residence Ginevra' an exciting Italian investment."
The Investment:
- Early Entry Opportunity: An extremely attractive investment opportunity due to the 10,000 EUR price increase on the 15th September 2007. The developer also expects there to be three further price increases before the completion date in late July 2008.
- Solid Rental Yields: The coastal location gives rise to strong summer rental yields and a high future re-sale potential. Italy is already a very popular holiday destination for Europeans due to its convenient accessibility within Europe, along with the Italian domestic tourist market who have always found the southern areas to be an attractive holiday destination.
- Investor Security: The developers have vast experience with restoration projects in historical buildings of several major cities across the country. The development offers the security of bank guarantees, and licenses already having been granted.
- Location: The development is located along the south-western coast of Italy's “heel”. The beautiful town of Santa Maria al Bagno offers a sea-side location with good road access to major Italian cities and ports. The region of Puglia is offering emerging market prices in a stable EU country; this is an area in a well established western economy where capital appreciation can still be achieved.
- Infrastructure: The area is currently undergoing infrastructure improvements for the current increase of tourist demand.
- Easy Access: Located along a main highway route connecting the area to the main ports between Italy and Greece, along with the airports of Brindisi and Bari, servicing all major airlines along with Ryanair from London. The four lane highway connects these airports to the development area. Brindisi airport offers connections with London, Brussels, Vienna, Zurich, Nuemburg, Rome, Milan, Venice and Bologna. Bari airport connects with London, Athens, Barcelona, Brussels, Bucharest, Cologne, Frankfurt, Genoble, Ibiza, Munich, Moscow, Paris, Prague, Stuttgart, Timisoara and Tirana.
The Development:
- Residence Ginevra is a 2 storey building consisting of 12 units, of 1 & 2 bedroom apartments.
- A gated and alarmed complex offers security for homeowners.
- The complex offers a communal swimming pool and gardens.
- Purchasers have the opportunity to customise their dwelling during construction.
- Ground floor units have private gardens, while first floor units feature private roof terraces with stunning sea views.
- Standard features include double glazing, sound and thermal insulations, hand-crafted finishing using local sandstone and materials.
- The development is conveniently located within walking distance of the beach and town centre.
A communal parking area adds to the owners conveniences.
The impending price increase and early entry presents itself as an ideal moment to invest in this development. The area offers high rental potential throughout the year, with the possibility of providing a great return for investors, due to the increase in value and the rental prices potentially exceeding the mortgage payments.
To own a unit in Residence Ginevra is to be part of a historic and culturally rich area offering unspoilt seaside tranquillity, quick access to neighbouring towns and endless outdoor activities with many surrounding beaches and Nature parks.
For those who have an interest in European investments, this development offers an early entry opportunity in an upcoming area. To find out more simply click below to speak to an IPIN advisor.
  
(* currency exchange according to XE.com)
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