The coast of Calabria impresses with its beauty
The beauties of Calabria, cozy beaches, picturesque sunsets, diverse landscapes, and major tourist centers are written about in many tourist brochures, but real estate in Calabria deserves no less attention. Today, experts recognize Calabria as the most attractive in Western Europe for real estate investment. Prices for new apartments, cottages, townhouses, and villas here are several times lower than in other countries or even in northern Italy, but they are in no way inferior in terms of comfort and quality.
Before buying real estate in Calabria, every investor needs to familiarize themselves with the wide and extremely diverse offerings. Prices for new housing start on average from 60,000 euros, but the most popular options are those for 100-120 thousand euros – that is, two-bedroom turnkey apartments. Over several years, the price of such properties can increase by 80-100 percent taking inflation into account, which can confidently be considered very impressive investment prospects.
The most expensive real estate in Calabria is considered to be that located on the first line of the sea, that is, within 100-300 meters from the water's edge. Prices for cottages, villas, and apartments here range from 1,800 to 5,000 thousand euros per square meter. Given that new construction in this coastal zone has been banned by a new regulation, the cost of already built properties threatens to increase many times over. Wanting to buy real estate in Calabria, foreign investors often consider these options first, and their number among available listings is shrinking quite quickly.
Very often, when buying real estate from a developer, the buyer has the opportunity to pay in installments, and by the time the entire amount for the property is paid, the value of the property already exceeds the investment. And, despite the fact that the Italian real estate market operates primarily in the north of the country, Calabria is famous for affordable prices, excellent prospects, and a variety of housing for investors with a medium budget.
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