What is Driving the Calabria Property Market?
A lot of people are now considering buying Calabria property as either a lifestyle choice to holiday in the region or as an investment strategy or more commonly both.
Calabria is an emerging market with massive potential thanks superb picturesque coastline and beaches, crystal clear warm waters, spectacular mountain landscapes, affordable cost of living , at the moment low property prices and first-class resorts and holiday properties being developed.
here are a few of the economic & financial points that are pushing the market forward and encouraging people to consider property in Calabria rather than other European holiday property markets.
Return on Investment: last year Calabria properties increased in value by more than thirty percent according to an article in the Mayo Advertiser.
Excellent Tourist Potential: The Calabria region has always been a popular holiday destination with [the Italian people searching for relaxing piece & quiet seaside holidays | Italians looking for sunshine, relaxation and peace and quiet[/spin] as well as, would you believe it, active winter sports. Yes that’s right Calabria also has beautiful Alpine mountains.
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.
Tropea was given the number 1 beach holiday spot in The Sunday Times Top 20 Beach Holiday report published Jan 07 .
Investment: The local and regional authorities have identified Calabria’s tourism potential and are actively encouraging tourism growth and investment in the region. the government is pledging 100 billion euros-worth of national and EU investment to the south coast including Calabria as part of a 2007 – 2013 cohesion plan.
Infrastructure improvements: The Salerno Reggio Calabria autostrada has been developed and improved and The Lamezia Terme airport is improving connections.
These new developments offer affordable holiday properties that provide first-class facilities and superb access to the dramatic scenery, pristine white sandy beaches, sparkling turquoise warm waters and cultural attractions.
The statistics for tourism visitor numbers to Calabria are steadily increasing as the area is receiving increased exposure, development & investment
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 Europe and heading to this beautiful region of Italy .
As stated earlier tourism is also increasing every year meaning good quality residential tourist resort properties should achieve high rental income .