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Bargain Seaside Apartments in Italy

By Adriana Giglioli Subscribe to RSS | January 9th 2012 | Views:
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This is not the best-known seaside hotspot in Calabria, the south Italian area on the top of the country’s stiletto-shaped mainland. Even Calabrians might concede it wouldn’t be ranked as the most attractive, not with San Lucido, Paola, Tropea, Briatico and Belvedere Marittimo in competition. But for property buyers searching out an attractively-priced deal, the unprepossessing resort of Scalea is our No1 tip for this year.

Scalea enjoys all the attractions of more renowned Mediterranean sea resorts – a irresistible sandy beach, clear azure waters and a temperature averaging a typically Mediterranean 49.5 Fahrenheit at the start of the year and that touches around a mean of 79 over late summer. Then again early winter sees typical temperatures of almost 72 on the thermometer. However it is in relation to cut-price properties – possibly the best deals one can find in Italy’s housing sector at present – where it comes into its own.

Real estate prices come in at a little under Euro 90 for a square foot. In practice that means a 25sq m studio holiday home just 3 minutes’ stroll from the shores can start from just Euro 20,000. A 30sq m one-bedroom sea-view option can be picked for a measly Euro29,000 or Euro 30,000. Admittedly not overly spacious, however more than adequate for up to two holidaymakers – or three or four who are ready to use the lounge to bed down in at night-time. Add the fact that typically both beach and utilities such as shops and banks are within a five-minute walk and that represents undeniable value.

For a property a bit bigger but still significantly within reach pricewise, a 50sq m two-bedroom flat can start at about Euro50,000 . One may also get one or more of a view over the sea, terrace and garden included with that if you shop around.

In general, the typical cost of life in Italy’s southern regions – everything from property prices down to the price of a a meal at a restaurant – tends to be much more affordable than in regions of Italy like Rome and Tuscany, which draw greater numbers of overseas tourists and are costlier as a result.

The pace of day-to-day living in this area of the country is significantly more laidback. This is, you soon come to discover, unspoilt Italy. Something that is with time changing, with non-domestic visitors increasingly weighing up locations like Scalea in search of better value. Italians have long holidayed here of course – meaning that rental scope for your real estate investment remains in rude health.

However there is much more that Scalea offers than cut-price houses to buy. The area is home to almost 11,000 locals and has its population increased in July-September as Italians and increasing legions of Britons and Americans descend on the resort. As well as the breathtaking views, its azure waters being overlooked by mountains, this area has a deep history.

It rose to prominence as a Byzantine sea-faring port, attracting merchants from around the ancient world. A Byzantine castle and ancient wall dominate the old centre, perched on the hillside overlooking the sea and the port, in turn full of modern hotels and large villas.

Getting to Scalea is straightforward. The nearest airport is Lamezia Terme, roughly 120km southwards, while Naples Airport is 2hr 20 mins by car northwards. Both airports are also accessible by rail as Scalea has a mainline rail station.

Adriana Giglioli - About Author:
The author works for Homes and Villas Abroad, which advertises 5,000 homes from Italy real estate agents. She is also knowledgeable on Tuscany real estate for sale and affordable Umbria real estate.

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