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Buy in Italy – It’s Good for your Health (and your bank balance)

The birthplace of iconic fashion designer, Gianni Versace, Calabria is quite possibly the last remaining low-risk, emerging market in one of Europe’s richest nations, Italy. The standard of living is high but the cost low and getting there is a breeze by no frills carriers direct to Lamezia Terme in less than two and a half hours. The coastline is stunning, the property affordable and the cherry on the cake is that it’s also good for your health.

With off-plan apartments priced from £47,000 and capital appreciation tipped to be between 15 and 20% per annum for the next five years, it’s enough to put a spring in anyone’s step but the real advantages come for rheumatism and arthritis sufferers. A recent report issued by a European Community study group revealed that the climate experienced on Calabria’s Ionian coast is considered to be unique in all of the Mediterranean and is one of only three spots in the world to offer similar benefits for those with creaky joints. The report which studied weather conditions and instances of various illnesses in Europe for the past 60 years, determined that Calabria’s mountainous and seaside climates were the most consistent in Europe and a “precious resource” for sufferers.

A new addition to GEM Estate’s Calabria portfolio is Sersale Prato, a distinctive development of maisonettes and bungalows near Sersale marina on the instep of Italy’s Calabrian region. The hillside position affords elevated views of the sea as well as the surrounding meadows. All homes comprise two bedrooms, one bathroom, open-plan kitchen, front terrace and large private garden. Lamezia Terme International Airport is within 45 minutes’ drive and the historic cathedral town of Catanzaro within ten minutes. Prices at Sersale Prato start from 119,050 euros.

GEM Estates invites prospective purchasers to take a look at Calabria property by way of a subsidized inspection trip. Provided you pick up the cost of the flights; see www.ryanair.com for schedules and costs; GEM Estates will cover the cost of three days and two nights five star hotel accommodation, all meals, transfers and the benefit of a sales consultant, lawyer and financier at your disposal throughout the trip. Should you make a purchase, GEM Estates will refund your flight expenditure as a ‘thank you’.

Useful Links:

  • Main Italy Info Page
  • GEM's Dedicated Calabria Property Website
  • Sersale Prato
  • Author: GEM Estates
    Date: 03/09/2007

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