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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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