Calabria, tucked away at the toe of Italy is a forgotten corner of Europe. For years Italians who holiday here each year have had it to themselves. But that’s all about to change.

Calabria is widely tipped to be the next investment hot-spot, which is being dubbed the New Italian Riviera. The original Italian Riviera sits at the north of Italy and boasts resorts such as San Remo and Portofino, but property here is relatively expensive. In this “New Italian Riviera” prices are starting from €59,000 and investors are snapping up apartments in the region, where capital appreciation is expected to reach at least 20% per annum for the next 5 years. Property has already appreciated 25 – 30% in the last couple of years.

 

Italy has always been one of the most desired destinations in Europe. It is famed for its wonderful cuisine and culture and in the south of Italy, lies the beautiful unspoilt region of Calabria, one of Italy’s best kept secrets.

 

The Italians have holidayed in the region for years and it has some of Italy’s best and most beautiful beaches. It is a region of natural beauty, steeped in history, art and culture.

More importantly this undiscovered part of Italy is affordable, both in terms of the cost of the property and day to day living.

Southern Italy has something to offer everyone – beautiful beaches, year round sunshine (up to 24 Celsius in January and over 30 Celsius in August) forests & rivers, spectacular mountains with hidden villages, skiing and a fantastically rich culture of opera, classical music and art.

 

On the very southern coast of Italy lies the charming town of Brancaleone, home to one of the most exciting overseas property developments to become available to Irish buyers – The Jewel of the Sea 5* resort.

This stunning resort has everything you could ask for in an investment /holiday home

• Beachfront development.

• All year round sunshine

• Choice of Luxury 1 & 2 Bed apartments and Villas

•  Designated Golf Course

• Ski Resort 1 Hours drive away

• Very close to Sicily

• Located in the town of Brancaleone, unspoilt and untouched by mass tourism and commercialism

• Bustling cosmopolitan town of Reggio Calabria (where the main airport is), with Italian boutiques and trattorias and where Versace himself was born

 

Built to the highest European specifications, with full bank guarantees, Jewel of the Sea is a frontline beach gated community with the full range of on-site modern facilities.

• Beach Bar

• Restaurant

•  Clubhouse

•  Fitness Suite

•  Spa

•  Sauna

•  Jacuzzi

•  Swimming pools

•  Tennis Courts

•  Beauticians

Everything residents need for their comfort and convenience.

 

The apartments are just ground and top floor and they are uniquely designed to receive as much sunlight as possible as there are  balconies and roof terraces (plumbed for Jacuzzis) on many apartments. Apartments come with fully fitted bathrooms, & kitchen with white goods. Furniture packs start at €4000.

Flights are easy to get with regular flights from Dublin and London to Rome, Venice or Milan and connecting flights available to the airport at Reggio Calabria. Direct flights from Dublin are expected very soon

 

It is being built by an Irish developer and an Italian developer in a joint venture in Calabria, and they know exactly what the Irish market would be looking for when investing overseas and is specifically aimed at the North European market. To tie in with the name of the resort, they have named individual blocks after different jewels, sapphire, emerald diamond and so on.

 

There are also good rental yields to be made as you can expect up to €3000 per month in July and August and up to €400 per week from May to October. As required by Italian law the development has a bank bond so that there is no risk to the buyer. Great attention to detail has been given to the planning of this 5* resort.

 

This is a once in a lifetime opportunity to own a piece of Italy at these prices …and experience “La Dolce Vita” (the good life) for yourself.  At these prices the apartments won’t be around for long so..

 

Please contact Belmore International on 01 662 4775 / 4776  info@belmoreinternational

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