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Southern Italy recommended to investors

Article Date : Wednesday, May 14, 2008       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

Foreign property investors have been advised to consider potential opportunities in Italy.

The International Property Investment Network (IPIN) said the south of the country is becoming more and more popular with buyers from overseas.

Bernardo Retana, director of IPIN, highlighted property in Calabria as one of the main hotspots for foreign investors.

Commenting on the region, it said it offers attractions such as unspoiled surroundings, easy access and a growing tourist trade.

Therefore, it could be an ideal market for buy-to-let investors who wish to purchase a property in a rapidly expanding market.

Mr Retana observed: "Calabria will inevitably become one of the most popular locations over the next five to ten years."

He added that the enforcement of strict planning regulations along the coast means it is likely to remain an attractive location.

Limits on new building work have been designed to make sure the province retains its natural beauty.

According to the Telegraph, the recent surge of interest in Calabria has come in the wake of the introduction of cheap flights to the area by budget airline Ryanair.
 

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