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Act now 'to enjoy fruits of Calabria'

Article Date : Wednesday, March 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

British investors should seriously consider investing in Italy, especially the south of the country, according to an expert from Propertyshowrooms.com.

The area of Calabria, in particular, is proving popular with buyers who are keen to capitalise on the popularity of beach destination Lamezia, which is easy to access thanks to cheap airlines like Ryanair, said spokesman Andy Welland.

"It is very much a seasonal destination. People will go down there for the summer," he remarked.

He said that although Calabria is cheap at the moment, prices are expected to climb "very, very quickly" as investors take advantage of the market.

Mr Welland said that within the next two or three years, property values in Calabria could be as buoyant as prices in Spain, which means investors have to act now.

Calabria is the southern-most province on the Italian mainland and forms the 'toe' of the Italian peninsula. It is separated from Sicily by the Messina Channel.



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