Property Investors Buying In Calabria In Italy
A lot of people are now considering purchasing Calabria property as either a lifestyle choice to holiday in the region or as an investment strategy or more commonly both.
An emerging market with in an established market, Calabria has massive potential thanks beautiful coastline and nice sandy beaches , warm turquoise waters , magnificent mountain landscapes, low cost of living, current low property prices and world-class resorts and holiday properties being developed.
Here are a few of the economic & financial factors that are driving the market and encouraging people to consider property in Calabria rather than other European holiday property markets.
Investment: The government & local authorities have recognised Calabria’s tourism potential and are actively encouraging investment and tourism development in the region. Italy’s government is pledging one hundred billion euros-worth of national and EU investment to the southern regions of Italy including Calabria as part of a 2007 – 2013 cohesion plan.
Tourism numbers are steadily increasing as the area is gaining exposure, development & investment
Return on Investment: In 2007 Calabria property increased in value by more than thirty percent according to an article in the Mayo Advertiser.
Many new tourist resorts are now being built in and around the traditional towns and villages such as Tropea, Pizzo, Mareta, and Crotone for example.
The superb climate , fantastic local cuisines and traditional Italian way of life that Calabria offers then it is easy to see why Calabria is now appearing on many holiday companies brochures. Meaning that a growing number of people from both Italy and other European countries are visiting Calabria.