Propertyshowrooms.com Unveils Unique Investment Opportunity In Italy

Propertyshowrooms.com has again managed to source the very best property investment opportunity on the market, with its new development on the beautiful east coast of Calabria on the southern tip of Italy.

The project is called The Sands and Palm View and is ideal for property investors looking for an excellent return in the medium to long term, according to Propertyshowrooms.com Operations Manager Gareth Milton.

“Many property professionals believe that Calabria will inevitably become one of the most popular locations for Northern European as well as Italian property investors over the next five to ten years,” he says.

Holding onto Italian property for five years after purchase allows investors to avoid capital gains tax, which is currently payable during the initial five years after construction. Investors can, however, benefit from good rental returns during this period.

The development itself consists of two distinct projects constructed within two minutes drive of each other. The first is called The Sands, which is just fifty metres from the beach and offers one and two bedroom apartments and townhouses. There are sea views from all the apartments and south-west orientation for the town houses. The second is called Palm View and consists of two bedroom apartments, all with sea views.

Gareth Milton explains: “From an investment point of view, sea front properties undoubtedly sell and rent the best. Therefore Palm View and The Sands represent a great opportunity to buy into prime, soon to be scarce, beach front developments. My advice, as always, is to act now while there’s still availability.”

The development is low density, meaning that the area will still retain its traditional charm. “Calabria will follow in the footsteps of other Mediterranean success stories,” adds Gareth Milton. “But I believe it will still retain its natural beauty thanks to Italy’s strict building controls in this region.”

Overall, prices start at a very low entry level of €100,500 which includes the use of communal swimming pool facilities, gardens and allocated parking. Investors looking to get a foothold in the Italian property market can do so by becoming a member of a free service affiliated to Propertyshowrooms.com, called the International Property Investment Network (IPIN).

Already, more than thirty thousand investors have joined IPIN and regularly receive updated information about projects before they’re available to the general market, effectively putting members well ahead of the game.