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As you might expect the cost of purchasing a property in Italy is normally quite expensive especially in the well known cities and locations like Rome & Tuscany for example. This is mainly due to there popularity as tourist destinations with numerous attractions and also are home to the more wealthy Italians.
The Calabria region up until a few years ago was undiscovered by overseas visitors and kind of off the beaten track for tourists to Italy and as such there is quite an difference with the wealth of the north of Italy and the more traditional destinations as mentioned earlier than that of the southern most regions and especially Calabria which has traditionally relied on farming and agricultural sources of revenue.
The fact that Calabria is less affluent and with out the necessary infrastructure to enable good access to the region and because of this the cost of Calabria property is at the moment a lot less expensive than that of the traditional more well known and established places in Italy.
In Calabria you will find quant little towns scattered along the rolling hills along the coast where an excellent selection of top quality property developments and resorts are being developed] in breathtaking settings with amazing views of both the Mountains and dramatic coastline and the quant villages offer a traditional Italian way of life and insight into the culture.
Calabria is the perfect destination for tourism growth and has recently received vast sums of EU money to improve infrastructure and the region is also receiving a considerable amount of private investment as on to of this. Calabria has an emerging property market and even though the prices have increased by thirty percent in the last year alone the price of property is still a lot less expensive that the rest of Italy and other similar European holiday spots.
The price of property in Calabria is predicted to continue by 15 – 20% per year for the next 5 years. Add this to the excellent rental potential driven by tourism growth and you can see that Calabria is emerging investment property market.