Why invest in Italy – Calabria:
Italy is a European cultural centre and investing in the country means that you have a base from which you can enjoy the nation's wonderful food, warm summer sun and friendly, vibrant population - as well as having access to the country with perhaps the greatest cultural heritage in the world.
Property purchasers are attracted by the lack of mass property development in Italy, while smaller developments, existing re-sales and rural renovations form the bulk of the Italian property market. Italy is fast becoming an alternative to Spain, France or Portugal and as a result, the Italian property market is entering a growth period.
Sandy beaches, Alpine landscapes, lakes, lush vegetation and a generally Mediterranean climate are added attractions, maintaining Italy’s firm position on the discerning tourist’s map. Furthermore, many budget airlines connect to Italy’s fifteen airports, opening up new property markets to investors and maximising buy-to-let options in key locations.
Over the past ten years, property values in Italy have risen steadily in much-loved areas such as Tuscany, where capital growth has been around 10%. Meanwhile, in the southern Italy, near Reggio di Calabria, lesser known secrets are beginning to emerge as highly profitable alternative options where high annual growth figures are attracting many a shrewd property investor. Generally, prices are lower the further south you go.
There are many reasons to buy in Calabria; rock-bottom prices, all year round good weather, pretty towns and villages, good food and outstanding coastlines and landscapes......
Calabria is changing, tourism is becoming vibrant and increasing year on year; Lamezia Terme airport is improving connections (with many new flights from the UK) and the Salerno – Reggio Calabria autostrada has been further developed.
The property market is buoyant in Calabria with prices on the increase. The region is still not completely on the overseas buyers list or in the overseas property media but it is certainly a region to keep an eye on, where it is still easy to find a bargain with sea views. The region may not be the first choice for a relocation but those looking for a holiday home or apartment, will be more than pleased with what is on offer; the beautiful landscape, fantastic coastlines, excellent climate, warm and friendly locals and above all, unmatched prices for property by the sea.
- No capital gains tax on profits from Italian property, creating maximum returns on investment.
- Possibility to cut purchase costs in half by becoming a resident.
- Prices remain relatively low, compared to many EU destinations.
- Capital growth of 20% per year in some locations. Many new markets in Italy still remain undiscovered and ripe for investment.
- Possibility to renovate beautiful old Italian houses into fabulous residences that earn high rent in peak season.
- Italy is at the hub of the low cost flights revolution, forever enhancing its strong tourist industry.
- The Italian government offers investors grants to reform rural.
- Italy has pioneered property tax reforms, offering great opportunities for the rural renovator, including substantial VAT discounts.
- EU member country.
- Economic and political security.
- Only 2 ¼ hours direct flying time from UK.
- Abundance of culture, history and magnificent architecture.
- Stunning variation in natural beauty, from lakes, mountains and lush vegetation to rugged or sandy beaches.
- Warm Mediterranean climate.
- Recreational activities to cater for all needs, from skiing, hiking or beach holidays to sightseeing and cultural activities.
- Dream lifestyle, modern systems and friendly people make Italy an easy relocation destination
Invest in Italy...it is a simple choice!!!