Calabria Apartments and Townhouses INSPECTION TRIPS AVAILABLE - Property For Sale
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Calabria Apartments and Townhouses INSPECTION TRIPS AVAILABLE

Property reference

calabria3

Property particulars

 
Prices from
GBP 78,000
Bedrooms: 2 Tenure: Freehold
Bathrooms: 1 Property age: Off Plan/ under construction

Property description

Discover the latest investment opportunities on Calabria's east coast with these two ideally located beach developments. Prices starting from 100,500 EUR for 2 bed apartments.

A great opportunity to invest in one of the fastest growing real-estate sectors in Italy.

Calabria is a region experiencing vast growth in its residential and commercial sector.

This is a much desired emerging investment area within Italy´s stable economy, and promises good capital growth.

Emerging market within a stable economy
Bank guaranteed
Beach-front locations
Secure and gated communities

One and two bedroom apartments available
Two bedroom townhouses available

Walking distance to local shops and amenities
Early entry levels
Inspection trips available
The Inspection TripThe trip includes:

Hotel accommodation (Bed and Breakfast)
All transport within Calabria
All evening meals
The itinerary:

Day One

Arrive at Reggio Calabria Airport
Meet and greet with representatives
Dinner at 20:00
Day Two

Depart hotel
Visit 'View Point'
Visit developments
Lunch
View developments
Dinner at 20:30
Day Three

Depart for the UK as required
* Clients will be reimbursed the cost of their flights by IPIN. This is based on a maximum of 2 people travelling.

Development Description
The Sands and Palm View are ideally located close to the village of Brancaleone, on the stunning east coast of Calabria.

Both developments are low-density builds and keeping within the strict planning laws and restrictions on building in Italy, help the surrounding areas keep their current charm.

The Investment

These developments offer a mid-term / long-term investment:


Holding on to a property for 5 years allows investors to avoid capital gains tax that can be high if re-selling a unit during the initial 5 years after construction
Investors can benefit from good rental returns and personal use during this period
Both developments offer a management service to assist in rentals and re-sales

The Exit Strategies

Management and re-sale service will be available
At completion, the developer projects rental returns of 5.60% for apartments, based on a conservative 16 week summer rental at 350 EUR per week, not including off peak rental of 250 EUR per week, and 8.62% rental returns for town houses

THE SANDS

Situated just 50 metres from the beach, this development has superb views of the Ionian Sea. The development offers:

One and two bedroom apartments and townhouses
Sea views from all apartments
South South-West orientation for the townhouses
Price ranges are from 113,950 EUR to 159,500 EUR.

The Units

1 and 2 bedroom apartments from 62 m2 - 86 m2
2 bedroom townhouses from 69 m2 - 88 m2
Each unit has either a balcony or garden (ground floor)
Full furniture pack included

The Facilities

Large communal swimming pool
Beach volley courts
Tennis courts
Landscaped gardens
400 m2 restaurant
Ample parking

PALM VIEW

This is a low-density development built on a slightly elevated position, 150 metres from the beach, and just 10 minutes walk from the local bars and restaurants of Brancaleone, offering:

42 two bedroom apartments

The apartments are built surrounding four swimming pools and lush gardens

All units have sea views

Prices range from 100,500 EUR to 122,500 EUR.

The Units

2 bedroom apartments from 70 m2 - 84 m2
Each unit has either a balcony or garden (ground floor)
Full furniture pack included

The Facilities

4 swimming pools
Landscaped gardens
Allocated parking

Palm View residents can use The Sands facilities

The Construction

All buildings are constructed to the highest specifications, using only top quality materials
The Security

Planning permission and building licenses are in place
By Italian Law, the contract is guaranteed (Fedejussionne)



Location Details
The developments are situated close to the villages of Brancaleone and Galati, the nearest town being Reggio de Calabria


Calabria is the southernmost province of Italy, surrounded by the Mediterranean, Tyrrhenian and Ionian seas
Home to some of the most spectacular of Italy’s beaches
Direct flights from the UK
The nearest airport to the development is Reggio Calabria; only 45 minutes from the resort
The area in general offers an array of attractions and ensures that it can cater for almost any requirements.

Blue Flag Beaches
Promenades
Ski Resort (1 hour drive away)
Golf
Watersports
Sicily (only 15 minute boat trip from Reggio Calabria)
Medieval town of Gerace boasting spectacular views
Protected Nature Reserves
World Class Restaurants
Wonderful local wines and wineries


Local climate
Temperate mediterranean climate


Mortgage Options
Barclays


Minimum loan amount 50,000 euros
Maximum amount 2.5 million euros
You can borrow up to 80% of the purchase price or valuation for purchases-whichever the lower and up to 70% of the final valuation for renovations

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