Where To Find The Cheapest Holiday Homes In Italy
This is not the most famous seaside hotspot in Calabria, the southern Italian area on the instep of the boot-shaped mainland. To be frank it wouldnt win a prize for the picturesque, not with Briatico and San Lucido around.
Nonetheless for real estate investors on the trail of a low-priced deal, the unassuming town of Scalea is our main recommendation for 2012.
The town enjoys all the best attributes of more famous Italian seaside resorts a glorious sandy beach, crystal azure seas and weather that averages a warm 51 degrees even in January and that nudges approximately an average of 79 over late summer. Even early winter sees typical measurements of nearly 72 on the thermometer.
However it is when it comes to bargain properties conceivably the most eye-catching deals available in the Italian property sector right now where it really makes a name for itself.
House prices come in at just under Euro 90 per square foot. So it means a 25sq m studio holiday home a mere 500 yards from the Tyrrhenian coast can start at a mere Euro 20,000. A 30sq m one-bedroom sea-view option can be bought for a measly Euro 29,000 or Euro 30,000.
By no means the most spacious, but enough for up to two vacationers or three or four who are content to use the living room as an ad hoc bedroom at night-time. Add the fact that usually both beach and utilities such as shops and banks will be less than a 5-minute stroll and that is unmatchable value.
For a property a bit bigger but still considerably modestly priced, a 50sq m two-bedroom apartment can start from Euro50,000 . You may also be able to get one or more of a view of the sea, balcony and garden included with that if you shop around.
Generally, the average expense of life away from northern Italy everything from property values to the price of a a panino snack tends to be much more affordable compared to areas such as Rome, which pull many more non-Italian holidaymakers and are costlier as a result.
The pace of everything in this neck of the woods is significantly more unhurried. This is, you soon come to discover, old-fashioned Italy. A feature that is slowly changing, with non-domestic visitors increasingly looking at hotspots like Scalea in search of better value properties. Italians have always vacationed here of course all of which means letting opportunity for your investment is in rude health.
Bear in mind there is much more to Scalea than bargain homes to purchase Scalea is home to nearly 11,000 locals and has that population magnified several times over during summer months as Italians and increasing hordes of Brits and Americans surge to the town. As well as the great vista, the sea being overlooked by mountains, this location has a varied history.
It found prominence as a Byzantine sea port, attracting traders from across the ancient world. A Byzantine castle and ancient wall dominate the historic heart of the town, perched on the hillside looking down on the coast and the port, in turn full of modern hotels and imposing villas.
Finding your way to Scalea is simple too. The most convenient international airport is Lamezia Terme, around 120km to the south, while Capodichino Airport in Naples is 2hr 35 mins by car in the opposite direction. Both airports are also accessible by rail as Scalea has a mainline station.
Nonetheless for real estate investors on the trail of a low-priced deal, the unassuming town of Scalea is our main recommendation for 2012.
The town enjoys all the best attributes of more famous Italian seaside resorts a glorious sandy beach, crystal azure seas and weather that averages a warm 51 degrees even in January and that nudges approximately an average of 79 over late summer. Even early winter sees typical measurements of nearly 72 on the thermometer.
However it is when it comes to bargain properties conceivably the most eye-catching deals available in the Italian property sector right now where it really makes a name for itself.
House prices come in at just under Euro 90 per square foot. So it means a 25sq m studio holiday home a mere 500 yards from the Tyrrhenian coast can start at a mere Euro 20,000. A 30sq m one-bedroom sea-view option can be bought for a measly Euro 29,000 or Euro 30,000.
By no means the most spacious, but enough for up to two vacationers or three or four who are content to use the living room as an ad hoc bedroom at night-time. Add the fact that usually both beach and utilities such as shops and banks will be less than a 5-minute stroll and that is unmatchable value.
For a property a bit bigger but still considerably modestly priced, a 50sq m two-bedroom apartment can start from Euro50,000 . You may also be able to get one or more of a view of the sea, balcony and garden included with that if you shop around.
Generally, the average expense of life away from northern Italy everything from property values to the price of a a panino snack tends to be much more affordable compared to areas such as Rome, which pull many more non-Italian holidaymakers and are costlier as a result.
The pace of everything in this neck of the woods is significantly more unhurried. This is, you soon come to discover, old-fashioned Italy. A feature that is slowly changing, with non-domestic visitors increasingly looking at hotspots like Scalea in search of better value properties. Italians have always vacationed here of course all of which means letting opportunity for your investment is in rude health.
Bear in mind there is much more to Scalea than bargain homes to purchase Scalea is home to nearly 11,000 locals and has that population magnified several times over during summer months as Italians and increasing hordes of Brits and Americans surge to the town. As well as the great vista, the sea being overlooked by mountains, this location has a varied history.
It found prominence as a Byzantine sea port, attracting traders from across the ancient world. A Byzantine castle and ancient wall dominate the historic heart of the town, perched on the hillside looking down on the coast and the port, in turn full of modern hotels and imposing villas.
Finding your way to Scalea is simple too. The most convenient international airport is Lamezia Terme, around 120km to the south, while Capodichino Airport in Naples is 2hr 35 mins by car in the opposite direction. Both airports are also accessible by rail as Scalea has a mainline station.
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