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Calabria 'offers bargains for investors'

Article Date : Tuesday, August 28, 2007       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

Overseas investors have been urged to act quickly if they want to snap up cheap Italian properties.

Each Property Med said that areas such as Calabria offered several bargains for property buyers, such as one-bedroomed apartments costing as little as 32,000 GBP.

The firm added that two-bedroomed apartments were on the market for 49,000 GBP, while those who preferred to have three bedrooms could expect to pay in the region of 66,000 GBP.

Katrina Tasker, spokesperson for Each Property Med, told the Daily Record: "There are still lots of property bargains to be had, but you need to be quick."

She added that the recent amount of interest in Calabria among overseas property buyers was "amazing".

This comes in the wake of predictions from Overseas Property UK, which said that Calabria could soon emerge as the next "growth area" in the European property market.

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