For those on the look-out for the perfect holiday home in the sun for under £100k, and who also have investment in mind, David Stanley Redfern Ltd's new apartments in Milanese Calabria will be right up there quaint Italian street.
Speaking of quaint Italian streets, Milanese is full of them, with quintessential Italian coffee shops and bakeries as well as all other amenities, bars, clubs and a wide array of shops and other attractions geared up to the increasing tourist trade – and all making it perfect for holidays with or without the kids.
David Stanley Redfern Ltd's new apartments are little more than a short walk away from everything Milanese has to offer, it's gorgeous coastline to the Ionian sea, and the sparkling sea and gorgeous sandy beaches thereof is a mere 500 meters from the apartments.
The apartments are built in an elevated position and in such a way so that all apartments enjoy excellent views of the sea, and some of the higher ones of the beach as well. An excellent example of a holiday in these Milanese apartments is being able to look out from your balcony or bedroom window each morning, and nip down to the beach for a swim if the tide is in.
A 1 bedroom fully furnished apartment with a balcony in such excellent surroundings will only set you back £78,000; an absolute bargain for an apartment on Italy's Ionian coast. The complex and spacious apartments were designed by a leading Milanese architect, so that each unit gets maximum benefit of the coastal views.
Calabria's tourism market is developing rapidly, rental yields on properties like these are currently around the 6-8% mark, but are expected to grow to 10% within 3 years. Capital appreciation on Calabria properties is likely to be higher than more established parts of Italy, because interest in Calabria is increasing rapidly due to the comparatively low property prices, and the rapidly developing tourism market; 15% is a realistic estimate for annual appreciation on Calabria properties.
Find out more about Calabria property.
About David Stanley Redfern
David Stanley Redfern Ltd is one of the U.K.'s leading overseas property investment specialists. The reasons for this are an incomparable range of international properties spanning 40 destinations worldwide, and unrivalled customer care, which lasts long after the purchase has been completed. Experienced, professional staff and membership to the overseas property market's regulatory body: the Association for International Property Professionals, as well as their stringent due diligence procedures gives buyers the confidence that any purchase with David Stanley Redfern is a safe one.
Media enquiries should be directed to Liam Bailey at media@davidstanleyredfern.com.
Sunday, 6 July 2008
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