An Italian Jewel only 2½ hours from home!
If you missed out buying on the Spanish Costas thirty years ago when property prices were at emerging market levels, a close look at beautiful Calabria, in the toe of Southern Italy’s boot, could well now be in order.
As the saying goes, “The early bird catches the worm” and this is true to say of all emerging markets. The beauty of Calabria is that unlike some, it is an emerging mini market within a fully fledged and stable EU economy, while still offering strong capital appreciation of around 20% per annum. In fact Calabria is predicted to be amongst the biggest selling emerging markets in all established EU countries.
Many European investors enjoy the fact that their assets are located close to home, a factor which has contributed to the success of the Spanish, French and Portuguese markets among others. Today buyers love Calabria for the same reason and, with the immanent introduction of direct international flights to local airports at Reggio de Calabria with Ryanair and existing services into Lamezia, expect to see property prices increase almost overnight in new resorts such as the beachfront Jewel of the Sea.
A new influx of visitors looking for value for money and that perfect long weekend destination, will find all they need here: breathtaking sights, perfect stretches of sandy beach and plenty of rural Italian charm, while investors are excited by the fantastic rental potential and growth rates which property in this area offers.
The Jewel of the Sea is the first project in Southern Italy to be endorsed by IPIN and therefore it offers complete investor security. As part of a state of the art 5 star resort concept, including 18-hole golf course, packed with all the amenities to satisfy savvy investors and sun seekers alike, Jewel of the Sea is set to impress. With breathtaking sea views, low rise apartments and villas are on offer at amazing starting prices - 1 and 2 bedroom apartments from €85,500 and 3 bedroom villas from €320,000 - and these are accompanied by payment terms of 50% on contract and 50% upon completion after 24 months.
Following the same footsteps of other Mediterranean success stories over the next 5 years, Southern Italy’s Calabria is undeniably set to become one of the most popular locations for Northern European overseas property investors. In fact, we already have a massive back log of clients who have all been waiting to access the first IPIN project here. Shrewd investors are sure to take a good look at Calabria, and look get in now before regretting it later.
Please click here for more information from our IPIN experts on this truly outstanding opportunity in Calabria.
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