InCalabria Ltd: Exclusive west coast property. - Italy Storms Up The Property Rankings In 2008

Italy’s property market is on the move and it’s all in one direction, and that’s up. A leading property search portal revealed this year that Italy is now the most searched for country by Brits looking to invest in property taking 8.5% of all searches on the website. The country knocked France off their top spot and into third with Spain claiming second place.

In January of this year another international search portal announced that Italy had risen to third in its rankings with 7% of all international searches on their website whilst A Place in the Sun magazine’s Top 20 Buying Destinations saw Italy move up three places from last year to this year’s fifth spot.

One property expert had this to say, “It’s largely the southernmost region of Calabria that’s fuelling this heightened interest. As soon as the British buying public realized that chic Italy had a hidden corner which was both aesthetically stunning and highly affordable, the rush was on. Reassuringly European, low risk and mortgage-friendly, Calabria is now jostling for attention alongside the established Côtes and Costas and ticks boxes for both lifestyle buyers after a pleasant climate and attractive coastline and investors with an eye for a profit. Capital appreciation is tipped to be 15 to 20% per annum for the foreseeable future and with prices creeping up at a heady pace the time to get involved is now.”