2009 is Looking Fine for Property Buyers Announces InCalabria Ltd

Cardiff, United Kingdom, December 05, 2008 --(PR.com)-- Southern Italy property specialist, InCalabria Ltd says the future’s looking just fine for property buyers in 2009, despite the global credit crunch.

Speaking as the company announced the addition of three high quality developments to their property portfolio, InCalabria Ltd Director, Dennis Onstenk, said: “People’s underlying enthusiasm to invest abroad has not been dampened. We have had a very busy year in Calabria, which is why we are actively adding to our portfolio.”

The company, based in the beautiful cliff-top town of Tropea, has also recently moved into new offices in Via Pietro Vianeo 15, where visitors are welcome to call in and discuss their property requirements in a relaxed and informal setting under 800 year old stone arches.

This positive move follows news from the BuyAssociation that the Italian market is proving especially popular with lifestyle buyers. The online portal stated that this region has become an appealing option because it offers property buyers such a variety of attractions.

“There’s no doubt that good weather, an attractive coastline and strong rental potential helps set Calabria apart,” believes Mr. Onstenk. “There aren’t many places in the world left where you can buy a true beach-front property for less than half the price of an average house in the UK,” he added.

That is exactly what is on offer at the new Le Marinate development near Pizzo. Dennis Onstenk explained, “This luxury group of 2 and three bedroom townhouses are just a few steps away from the white sandy beach and are due for completion next summer. This development, in our opinion, represents a unique opportunity to own a beach-front property in one of the most sought after areas of Calabria. Le Marinate is, in fact, one of the very last developments on the west coast of Calabria to have been granted beach-front planning permission.”

Other offerings from InCalabria Ltd include two bedroom apartments at Sabbia di Marinella from €125,000 and, the last four apartments at Pizzo Marinella which are priced competitively from €96,000.

In addition, the company hosts a popular property forum described by The Mail on Sunday as a ‘highly informative forum’. Further details of all the properties available from InCalabria Ltd are available on the company's website.

###

Note to Editors:
· According to a study by Savills and Holiday-Rentals, people from the UK now own approximately 425,000 foreign properties. This is 35,000 up on the amount recorded during 2006. Estimates suggest that these are collectively worth in the region of £58 billion.
· Italy has been named as the most popular holiday destination in Europe in a poll of British tourists. According to Saga, the country is the first choice of 14 per cent of holidaymakers, potentially making it a good option for overseas investors. The broad appeal of Italy was further highlighted after it was named the preferred option for both 25 to 44-year-olds and people aged above 55.
· Italy was also crowned the most sought after overseas property investment hotspot for Brits looking for property abroad, following research by theMoveChannel.com.