Situated on the tip of the southern Italian peninsula , Calabria has much to offer visitors in terms of good food, fantastic scenery and warm local hospitality. Not only do the towns have a interesting heritage that includes both the Greek and Roman influence, the province has some of Italy’s most sought-after vineyards.
Once a best kept secret of Italy, Calabria’s property market has seen a huge increase of the number of investors in the last year and a half. Considered as an emerging market within an established market, Calabria offers solid investment opportunities in the fairly steady Italian economy.
According to Bank of Italy, Italian property prices have not fallen dramatically during the global recession , creating waves of people investing in Italy, as it has shown to be a steady market.
What’s more, figures recently published by Global Property Guide, state that the Italian property market has shown solid signs of stability in recent times, making Calabria an ideal place for investors to buy.
With the Italian abolition of inheritance tax, its full EU membership and bank guarantee of property, which means that should a developer default on building the client’s money will be protected , all make the nation a favourable investment environment. Also , there is no capital gains tax on a property if it’s sold after 5 years.
Calabria’s popularity continues to grow with the announcement of the EU, which pledged millions of euros of investment in the province. This, coupled with the fact that low-cost carriers like Ryanair now fly into the region, ensure that tourism in Calabria will continue to grow .
With a wide range of key ready and new build Calabria property developments, our real estate experts will guide you through the process of investing in Calabria. We provide frequent monthly visits to the province where you will be able to view the current developments and meet with experts who can answer any questions you may have. If you wish to participate in our next tour, please contact Experience International on +44 (0) 207 3421 5858 or go to Experience-International.com.
