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.

Calabria is an emerging market with massive potential thanks superb picturesque coastline and beaches, warm turquoise waters , magnificent mountain landscapes, low cost of living, at the moment low property prices and world-class resorts and holiday properties being built .

Let’s look at some of the economic & financial points that are driving the market and encouraging people to consider property in Calabria rather than other European tourist destinations .

Investment: The government & local authorities have recognised Calabria’s tourism potential and are actively encouraging investment and tourism development in the region. the government is pledging 100 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 receiving increased exposure, investment and development

Return on Investment: last year Calabria property increased in value by more than 30% 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 more and more people from both Italy and other European countries are visiting Calabria.

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This entry was posted on Sunday, September 14th, 2008 at 10:24 pm and is filed under Real Estate Investments. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.