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Posted On: 30/06/2009
Overseas Property: Calabria Bucks the TrendOverseas property specialists Azure Overseas have revealed that demand for Calabria property has been strong since July, with only a marginal drop in November and December last year. This is because when Calabria emerged as a popular destination for overseas property buyers, it was immediately favoured by lifestyle buyers and holiday home investors, with pure investors making up only a small portion of demand, according to Azure director Frank Crowley, he said:"Calabria is perfect for holiday home buyers and holiday home investors; because prices are lower than the traditional Italian destinations like Tuscany, but it shares many of the same endearing qualities namely, great climate, fantastic beaches and some of Europe's most beautiful scenery.
""When it emerged onto the international stage, Calabria was not propelled by its pure investment potential, but by its rising popularity with holiday home buyers, and for that reason its demand has remained largely unchanged throughout these turbulent times. The fact that rental yields of 5% and rising are currently being earned is merely a side-note."
Azure Overseas are currently advertising dozens of properties in Calabria, and many more properties in Italy.Frank singled out the San Sostence apartments, because they have the "perfect balance; excellent holiday homes with tremendous investment potential.San Sostence is an established resort near the beautiful Soverato in the Calabrian province of Catanzaro in Southern Italian Riviera, according to the description: it is one of the most known and beautiful tourist resorts on the Ionian coast. The development offers 1 bedroom apartments in Calabria for a little over £50k.
As expected from a resort development San Sostence offers an impressive range of facilities including: shops, restaurants, bar, fitness suite, internet café, picnic area, children's play area, swimming pool, tennis courts and volley ball courts. The surrounding area offers many more activities and facilities including: skiing golf and water sports.
About Azure OverseasAzure Overseas is a member of the National Association of Estate Agents (Overseas) and adheres to the highest standards of customer care and stringent market research/due-diligence.
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