Italian Property for sale

CALABRIA - SCALEA - VISTA MERIDIA APARTMENTS

1 AND 2 BEDROOMED APARTMENTS FROM €71,450 TO €131,500

Scalea is a picturesque town situated in Calabria in southern Italy, on the sunny Tyrrhenian coast. The old town is placed on the heights and preserves the remains of an ancient wall, while towards the beach, the Scalea Marina centre has recently been developed, with modern, comfortable hotels splendid villas and numerous, fully-equipped bathing areas on the beach. These enchanting beaches look out onto a sea of incomparable beauty.

Scalea is synonymous with seaside and holidays. Indeed, it is one of the most visited resorts in Italy. But the name of Scalea is also synonymous of culture, history and folklore. During the Swabian, Angevin, Aragonese and Spanish era, Scalea became an important fief and a centre of study, which was gradually enriched with monuments and works of art, most of which can still be admired today. In the old hamlet the main “street” is an attractive stairway that begins in piazza De Palma: it is a natural amphitheatre.

Key Features

• 1km from Scalea old town and beach
• Residents swimming pool
• Choice of 1 or 2 bedrooms
• Apartments nearing completion - some ready to move in.
• Airport 30mins (La Mezia Terme)
• Only 30% deposit
• Inspection Visits

If purchasers are interested in renting out their property in Italy, please visit our sister company’s Web site Italianvillasforsale.

Please don’t hesitate to contact us for an e brochure or any further information.

Tags: apartments, Calabria, italian property, new property, off plan, scalea

Looking to invest some surplus cash buying a property as a holiday home in Italy well if your can afford to spend more than the average then head to Capri, Forte del Marmi or Portafino. A recent price survey by Italian estate agent conglomerate Tecnocasa, listed the Campanian island as the most expensive seaside resort in Italy, with properties costing up to €14,200 per square metre. The British and Germans head up the top foreign buyers but there has been an increase in requests from Russian clients recently.

Only Tuscany’s Forte dei Marmi and Liguria’s Portofino-neither of which is included in the Tecnocasa report-rival Capri’s pricey primacy. Villas in the heart of the celeb-studded Tuscan resort start from a minimum of €12,200 per square metre and reach up to €14,500, according to the  regional body that monitors prices in the Tuscan province. However when compared to Portofino, the postcard fishing village near Genoa,  prestige homes in the old centre cost start at €18,000 up to €22,000 per square metre according to figures realeased by the Italian Land Registry.

The Northern region of Italy heads the house price chart, with seven of its provinces making it into the top ten list of Italy’s most expensive coastal locations. Varazze, Alassio, Varigotti, Arenzano, Celle Ligure, Santa Margherita Ligure and Finale Ligure all have properties priced between €9,000 and €12,000 per square metre, according to Tecnocasa. Prices are holding up at this level, even though sale times have become longer-Italian entrepreneurs and professionals, and German and British buyers are driving the top end of the market.

However, Italy’s most expensive locations are not necessarily the most active ones. The market is most lively in Calabria, Sardinia and Sicily, reports Tecnocasa. In Calabria, property prices in resorts along the Tyrrhenian coast, in the Cosenza province, went up 5.2% in the second quarter of 2007, with peaks of 6.6% in the mural-covered town of Diamante-home to azure waters and red hot chili peppers-and 7% in pretty Sangineto. Buyers are mostly Italian, however more and more foreign buyers are being tempted by the beautiful coastline and attractive prices.
In Sicily prices rose by an average 1.2% across the island with many of the purchasers come from overseas. Russians, Americans and Northern Europeans are buying around the town of Taormina with its elegant streets where properties can fetch up to €4,000 to €5,000 per square metre.

Sardinia has also seen a rise in prices, which went up by 2.2% across the island. The biggest gain has been in the city of Olbia, up 7.7%, which has markets for both main and second homes. Among the draws attracting buyers to the area is a new marina and surrounding hotels and shopping centre being built at Olbia Mare. Foreigners-English, Germans, and Russians looking for prestige waterside homes-are more present further down the Eastern Sardinian coast, in Villasimius. Properties in or near the village, which counts some of Sardinia’s best beaches, fetch up to €4,000 per square metre. 

See what your money can buy

Tags: Calabria, Capri, For Sale, Italy, Portofino, property, puglia, Sardinia, Sicily, tuscany

LEGALITIES - Easy steps to Italian property purchase

Once you have found a property that you would like to purchase be it in Tuscany,    Calabria or any region of Italy then this is what you can expect to happen, in brief, with regard to the legalities:

The first written step in the negotiations is the offer to purchase, by which the buyer will bind himself irrevocably for the period of the validity of the offer to buy the property at a particular price. This offer is normally valid for 14 or 30 days. When the offer has been accepted by the buyer a 10% deposit is paid.

The next stage is the preliminary contract of sale (compromesso). This is the contract by which the interested parties agree in writing on the formalities of the sale, the date by which the completion (il rogito) must be entered into and the name of the Italian notary that will execute the deed. At this stage there is normally another payment of between 20/30%.

The completion ( il rogito) is the definitive passage of the title to the property from the vendor to the buyer by a public document, or by a private contract authenticated by a notary for the purpose of registration.

In the case of purchase of a property from a private citizen, the buyer must pay a registration impost and a land registry tax. If a property is bought from a company, instead of land registry tax IVA (VAT) is normally payable.

If you are still looking for that dream home or hoilday property in the Italian sun click to see whats on offer.

Tags: Add new tag, Calabria, Italy, Legal, property, tuscany

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Along the Calabrian coastline are beautiful old towns like San Nicola Arcella and Diamante. These old towns with their ‘ centro storico ‘ are a delight to explore, and have great character. Property here is still relatively inexpensive. However these are places on the turn and beautifully renovated houses now sit side by side with old properties in need of renovation. Once totally dependent on fishing but now becoming holiday retreats, they are reminiscent of Port Isaac in Cornwall twenty years ago.

Maratea, Praia-a-Mare and San Nicola Arcella are located in the beautiful Bay of Policastro. Dino Island sits proudly in front of Praia and the surrounding waters are now a marine park, famous for a particular coral reef. Aquatic sports like scuba diving are very popular here and in winter skiing is available in the mountains only half an hour inland.

Around this coastline are many secluded bays and coves, some only reachable by boat and even in the height of summer, relatively quiet. Properties in the small towns like San Nicola Arcella which sits 110mt above the sea have amazing views of this beautiful bay.

Much of the coastline is now fortunately protected from future development. For the price of a two bedroom flat on the Sussex coast it is possible to purchase a villa with spectacular sea views. Although our opinion is not exactly unbiased! We honestly believe thatunrepeatable value is to be found here.

The Southern Italian food, we believe, is second to none. It varies markedly from from region to region and even village to village giving the traveller a gourmet experience. Many of the dishes are steeped in traditional history and use only the freshest ingredients.

And of course, with such an interesting history, eating is never dull! Mushrooms and truffles are an important ingredient in the dishes of Basilicata and the further south one goes, the hotter the food becomes with chillies and peppers featuring in the seasoning in Calabria. Local produce always features prominently and the seafood is outstanding all along the coast.

For bargain properties for sale in Calabria

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