There are some bargains to be found in the Calabrian property market if you know where to look, it has been revealed.
According to a press release issued today, the cheapest apartments for sale in Calabria now start from £41,000. Previously the cheapest apartments in Calabria started from £50k. The press release also contained details of some 2 bedroom 2 bathroom villas priced from £97,000.
Calabrian property has not seen the same price drops as elsewhere in the developed world. This is because the internationally marketed properties are predominantly off plan, and the developers are in no way reliant on off plan sales to complete the developments, Calabrian Property.com said.
The company acknowledged the fact that off plan property's reputation has been marred by instances of developments being cancelled, mentioning Dubai where the problem was particularly prominent. But, they said, if you do your research, including at least one trip to the country and to the development, the risk can be minimised.
The unspoilt and under-developed nature of Calabria is sure to see it regain its position as a growingly popular tourism destination in the short and especially the long term. Taking advantage of the bargain off plan properties currently available could prove to be an incredibly shrewd decision down the line.
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