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Is Calabria property a good investment?

Calabria and the long term investment opportunities for the area

FOR IMMEDIATE RELEASE

PRLog (Press Release) - Oct 23, 2008 -
Few countries are as diverse as Italy. Whether you are looking for spectacular landscapes, romantic getaways, renaissance art, medieval architecture, panoramic beaches or skiing - Italy has it all. While you are indulging in your heart’s desires, you can also get a taste of the marvelous authentic cuisine, the fantastic Italian culture and, of course, unforgettable shopping at the many designer boutiques. Italy produces some of the world’s finest wines, and the legendary gastronomic delights of fresh fruit, seafood, pasta and pizza are sure to make your mouth water. Blessed with stunning scenery, amazing food and drink and an infectious passion for the good things in life, Italy and Calabria in particular, is truly the land of La Dolce Vita! Calabria, the southernmost toe of the Italian boot is without doubt the Mediterranean’s best kept secret.

As for the economy of Calabria being in the very south of Italy Calabria’s economy is very poor and relies on Agriculture and in no way matches the rich lifestyle of Italy’s north. Italy’s government is keen to close this historic south-north divide and is pledging 100 billion Euros-worth of national and EU investment in the south as part of a 2007 – 2013 cohesion plan. Calabria’s greatest asset is its wonderful coastline and the potential for tourism is phenomenal, a potential which is in the early stages of being realized and will have a positive effect on the local economy according to Simon Jones market analyst at http://www.internationalhotproperty.co.uk/

“Obviously the cohesion plan will have a positive impact on property values in the medium to long term and with incredibly low prices for the location and the stunning scenery along with the Italian Government’s cohesion plan to bring the south in line with the north Calabria property represents great value to overseas property buyers and property investors alike. There is no capital gains tax if you sell after 5 years and there is no inheritance tax in Calabria. All these factors make Calabria a very interesting place indeed” said Simon.
Anyone wanting more information about property in Calabria and Investment property in Italy should contact www.internationalhotproperty.co.uk

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International property brokers advising client on International property and worlwide property investments. Sourcing the best investments before they become public

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Contact Email:
Source:International Hot property
Phone:0034 952 906 681
Address:marbella house
Zip:29600
City/Town:Marbella
State/Province:Malaga
Country:Spain
Tags:, , calabria property investments
Last Updated:Oct 23, 2008
Shortcut:http://prlog.org/10132274
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