VFI incalabria

For many years the Italians from the northern cities of Milan , Florence and Rome have been trooping down to Calabria for their holidays. They call it the “real Italian Riviera” and love it for its unspoilt character, good value for money, 800 kilometres of beaches and crystal blue sea. The costal towns have a distinctive charm about them and can only benefit from the 1.2 billion euro in which the Italian government and the EU is investing in improving roads and infrastructure. “You can see Calabria growing by the day,” says Harry Fitzsimons, CEO of VFI Overseas Property. And land prices are growing too. “I bought the first plot of land 18 months ago and prices have gone up since by 25 to 35 per cent.

The local government is also determined to ensure that Calabria does not go the way of the Costa del Sol or the Algarve . Regulations prohibit building within 300 metres of the beach however Jewel of the Sea has a plot that is right on the beach, probably one of the last remaining developments in a location like this. This was possible because the site had received planning permission in the early 1990s. Local government has also stipulated that a development has to be low density and low rise. There is also a good Italian rental market and with tour operators such as Thomas Cook and Club Med now operating there, the developers suggest that a two bed roomed apartment could achieve around €1000 a week in the high season. “We reckon that if someone had a 70 per cent mortgage on their property, they need only let it for 12 weeks of the year to cover the costs,” says Antonio Velardo of VFI.

VFI Overseas Developers

VFI Overseas Developers are an Irish/Italian Development company. In this project the best kept Italian secret has been exposed in the most exciting new emerging market with massive potential for capital appreciation.

Most emerging markets however, do not have the same security and infrastructure that this Major European country offers.

The biggest dream an investor could have is to find a developed country where prices are still low, and still has all the protections, infrastructures etc. of modern Europe in place. Now is the time to live that dream in the most beautiful part of Italy from as little as €75,000 for one bed apartments.

Reggio De Calabria is the regional capital. A University city overlooking the straits of Messina where hydrofoils and ferries cross to Sicily every fifteen minutes. The city is a transport hub with an international airport and main Railway line up through Naples to Rome through panoramic landscapes.

VFI Pizzo Beach Club

Pizzo Prettily perched on a high slope of an enchanting promontory into the Tyrrhenian Sea in the heart of the Sant’ Eufemia Gulf, Pizzo is one of the Vibo Valentia district’s most beautiful and best-knowntowns. Built on the ruins of ancient Roman Napitia, where St Peterstopped on his journey to Rome, Pizzo is in the northern stretch ofthe aptly named Coast of the Gods amid some of Italy’s mostbreathtaking landscapes. With its thriving fishing port, maze ofnarrow medieval streets and lanes linked by tiny staircases, ancientfountains, buildings and churches and the Spuntone - a large balcony from which you can view the imposing Aragonis Castle and the sea from Lamezia to Capo vaticano - Pizzo is steeped inhistory. But it’s also a vibrant and well-equipped modern resort town with every facility and attraction the cosmopolitan traveller could wish for - from watersports through golf and specialist historical tours to an excellent range of seafood restaurants and nightlife and the best ice cream in the world - so it’s little wonder that Pizzo is now one of the Vibo Valentia’s most fashionable resorts, or that we chose this as the location for our latest prestige development.

Calabria Sicilia Italy

For Property for Sale Calabria Sicilia Italy

visit http://www.vfioverseasproperty.com

Miles of sandy beaches, crystal clear waters and a climate among the best in the World -
This is Calabria in Southern Italy a place that dreams are made of.If you're searching for a great property investment then you must speak to VFI Overseas Property -- and you really must investigate Calabria - this is one place in Europe that is not only stunningly beautiful but also still offers great value Be it for investment or a holiday home then VFI have something really special just for you Every property is 100% Bank Bonded and comes with a 10 year building guarantee. With prices ranging from 30,000 pounds to 200,000 pounds this is an affordable place in haven and VFI have some fantastic turn key packages available, they can even arrange your inspection visit so you can see first hand the area and meet with the developers.

Kevin and Linda Dolan who bought an apartment with VFI say: "I would have no hesitation in recommending this company not only for the service but the great value too"

The secret of success for VFI is based upon a rather straightforward business philosophy - being able to offer opportunities that yield the best returns whilst at the same time delivering a quality of service that is second to none. VFI are the largest developer in Southern Italy with office in Brancaleone, Vibo Valentia and also in London, Belfast, and Dublin. Calabria is a truly fantastic location and with VFI creating some truly magnificent properties at very affordable prices this is a place in the sun you really can afford,

Give us a call today on Freephone 08006800704 or email us at sales@vfioverseasproperty.comVideo production by http://www.bestfive.tv View video on Youtube Property Italy Calabria Sicilia

VFI Investment Strategies

There are numerous property investment strategies, and selecting the right one for you is critical. Your investment strategy choice should be the key factor in selecting the location and type of property that you invest in. In Italy there are typically two prime Investment Strategies:

Buy To Sell:

Buying property off-plan before the development starts, and then selling at, or before, completion and realizing the capital growth gained during the development cycle. By investing 30% of the property value on signing contracts and with annual property increases of 10-15%, you can realize a 20- 32% gain on the value of the property during the development period, equating to over a 100% return on the investment made. For this strategy, it is best to select a high quality, appealing property in a high growth area, which is close to all facilities and therefore very easy to sell on.

Exp: With the new ICMZ ruling on coastal development over 29,000 mile shoreline of the Mediterranean there is now no better time to invest in coastal properties . These properties where always in demand anyway for rental and re sale but with the new agreement on coastal development this will undoubtley boost coastal real estate and their worth will now go up because they effectively become more exclusive than ever before.

Buy to Rent:

Like buy to sell, buy to let involves buying off-plan before the development begins and then holding the property at completion for letting purposes, realizing both capital growth and income. With the right developments, the cost of mortgages and property management should be covered by the rental income, enabling long term capital gain without further investment. High quality apartments with an abundance of facilities, close to restaurants, bars and

Why Invest in Italy?

The key factors to be considered when making a property investment decision can be summarized simply, as:

A. Capital Growth - both historic and projected

B. Risk of the Investment

C. Ease of conducting business in the country

D. Financial Products available to support gearing the investment

A. Capital Growth

Numerous economic factors have fuelled high levels of growth in the Calabrian property market over the last few years, the level of investment in the infrastructure and the growing awareness and popularity of Calabria as an all year round holiday destination. This has resulted in Calabria becoming one of the fastest growing property investments markets in Europe, with annual property price increases of around 15-20%.

The ongoing investment in infrastructure, the growing popularity of Calabria as a holiday destination, and the relatively low prices compared with other popular European destinations such as Spain, France, Portugal, and other Mediterranean Islands support the expected and continued increase in property prices in Calabria/Italy for the foreseeable future.

B. Risk of the investment

Italy is one of the most secure places to invest, which is a major factor when making any investment decision. Here are some of the key points about Italy that we feel make it a good investment opportunity:

C. Ease of Conducting Business

Good mortgage and loan products are readily available on the market and are at very competitive rates.

The Italian legal system is highly evolved and modernized and if you are using an independent lawyer, the investment is extremely secure.

Bank Bonds are taken out against the investors initially invested funds. The bonds are taken out on 100% of investors funds. The developer must provide evidence of the bond to lawyers before the funds can be released. This bond is taken to the cost of the developer.

D. Leveraging the Investment

The finance options available and hence the level of gearing that you can make on your investment is one of the key factors that will determine the return on your investment. This should have an even greater impact than the increase in property prices, as it acts as a multiplier to the property market growth rates.

Readily available low contribution loans are fundamental in gearing your investment, and Italy now has a wide range of loans and mortgage products available making it an excellent location for gearing your investment. shops or high quality 2/3 bedroom penthouses and townhouses close to popular areas and facilities, with great views are best suited for renting.

Today's investors are always looking for the next market and, as a result, the wide choice of countries to invest in has grown significantly over the last few years, providing a wide and, at times, confusing choice.

Finding the property hotspots is only a part of the challenge. Investors need to balance this with the risks of investing in that market, along with the ease of conducting business. The finance options and investment gearing will also provide the investor with a much stronger investment decision whilst minimising the opportunity for significant losses.

Some of the key questions that you need to consider (apart from the predicted growth rates) when making an investment decision are:

What finance options are available, in what currency and what rates?

The level of financing or ‘gearing’ that you can make on your property investment is one of the key factors that will determine the return on your investment. This should have an even greater effect than the increases in property prices, as it acts as a multiplier to the property market growth rates.

For example, if you invest in an emerging country with say a 30% growth per year without a financing option, then a £50,000 investment could be worth £84,500 in two years, providing a £34,500 gain and a 69% return on investment, and typically at a high level of risk.

If you invest the same £50,000 in a strong market, with annual property price growth at say 15% and good finance options, for example financing at 80% LTV, then £50,000 could be invested in property worth £250,000. The investment could be worth £330,625 over two years, providing a gain of £80,625 and 161% return on the investment in a much safer and more stable market.

Overseas Property Rental Potential

The area is popular with people from northern Italy and also with Germans and Scandinavians who have discovered its natural beauty and reasonable prices. During the holiday season there is already strong demand for rental property. Investors need to be aware that the rental market is developing and the lucrative UK market is virtually untouched.

As awareness of the area increases and availability of holiday rental property increases (further increasing awareness and visitor numbers) there should be strong growth in high season rental demand.

Low season rental demand is also likely to increase as facilities are improved and more of the new property owners start to use and promote the area and their property in the low season.

Conclusion

The area stands to benefit from massive inwards investment in its infrastructure. Each year the higher property prices in the north of Italy migrate further south as property investors seek out value for money. This area has the right location and climate, it is getting the right infrastructure investment, it just needs additional publicity, holiday home buyers and overseas property investors to discover it and the prices will increase strongly.

This is a chance to get there before the professionals and own an overseas property that could turn out to be an excellent investment.

Calabria events and festivals

In Calabria every village celebrates the feast of its Patron Saint that is an event accompanied by remarkable folk shows.

In Tropea the inhabitants celebrate the Madonna of Romania Feast on the 8th September and Madonna dell’Isola on the 15th August.

Tropea festivals

• Festival of the Red Tropea’s onion and of the azure fish on the 27th July
• Fair of the Virgin Mary’s Annunciation on the 23 March
• Folk festival of I Tri Cruci on 3rd May
• Procession of dead Christ (Good Friday)
• Saint Antonio on the 13th July
• Carmine’s Virgin Mary on the 16th July
• Saint Gerardo on the 16th October
• Little market of Artigianato in Piazza (Galluppi small square in the summer period)
• Cheese, fish, fruit and vegetables market (Every day in Contura locality)

Events in other Calabria villages

• Fishes fest on the 27th July - Pizzo Calabro
• Beer fest on the 3rd August - S.Domenica di Ricadi
• Festival of the fishes and crushed ice drink festival on the 3rd August - Parghelia
• "Red Onion Festival", La Sagra della Cipolla Rossa: every year on 13th of August. The festival starts in the mid-afternoon with a variety of games are played in Piazza Marconi, the main square of the village:
  The traditional ‘Pignata’ Tournament in which the contestants are blindfolded and, helped by bystanders, use a long wooden stick to break one or more pignatas, or terra-cotta pots, which are suspended from a string. Pignatas are sometimes filled with water. The ‘Bumbuleju’ Race is for women of all ages. Contestants … race from one end of the square to the other, carrying the terra-cotta pot on their heads without using their hands. Other games include the Egg Race, the Sack Race, the Mini-marathon, the Onion Race, the Cheese-rolling tournament; Typical onion-dish sampling starts at dinner time. At exactly midnight the ‘Camejuzzu i Focu’ dance is performed. The traditional fireworks display closes the festival.
• "Ice-Cream Festival": each summer, in July.
• Tipical product’s fest on 13th August - Zambrone
• Fileja fest (speciality of pasta) on the 13th August - Briatico.
• Zippula fest (kind of pancake) on the 22th August - Parghelia

VFI INCALABRIA

Tourism in Calabria has increased over the years. The main tourist draws in Calabria are the coastline and the mountains. The coastline alternates between rugged cliffs and sandy beaches, and is sparsely interrupted by development when compared to other European seaside destinations. The sea around Calabria is clear, and there is a good level of tourist accommodation. The poet Gabriele D'Annunzio called the coast facing Sicily near Reggio Calabria "...the most beautiful kilometer in Italy" (il più bel chilometro d'Italia). The primary mountain tourist draws are Aspromonte and La Sila, with its national park and lakes. Some other prominent destinations include:

• Reggio Calabria, on the strait between the mainland and Sicily, the largest and oldest city in Calabria, renowned for its fabulous panoramic seaside with botanical gardens between the art nouveau buildings and the beautiful beaches, and its 3,000 years of history with the old Aragonian Castle and the great National Museum of Magna Grecia where the famous Riace Warriors (Bronzi di Riace) are located.
• Cosenza, seat of the Cosentian Academy, is renowned for its cultural institutions, the old quarter, a Romanesque Cathedral and a Swabian Castle.
• Sybaris, on the Ionian sea, is a village situated near the excavation of ancient Sybaris, a Greek colony of the VII century B.C.
• Scilla, on the Tyrrhenian Sea, "pearl" of the "Violet Coast", has delightful panorama, important religious traditions, and is the site of some of Homer's tales.
• Tropea, on the Tyrrhenian Sea coast, is a beautiful town, with a drammatic seaside beach, and the Santa Maria dell'Isola sanctuary. It is also renowned for its sweet red onions (mainly produced in Ricadi).
• Capo Vaticano on the Tyrrhenian Sea, is a very famous wide bathing place near Tropea.
• Siderno on the Ionian Sea coast.
• Gerace, near Locri, is a beautiful medieval city with a Norman castle and an ancient cathedral.
• Squillace, a seaside resort and important archeological site
• Stilo, the home of Tommaso Campanella, with its Norman castle and beautiful Byzantine church, the Cattolica.
• Pizzo, on the Tyrrhenian Sea coast, known for its ice cream called "Tartufo". Interesting places in Pizzo are Piazza Repubblica and the Aragonian castle where Murat was murdered.
• Soverato on the Ionian Sea, Also known as the "Pearl" of the Ionian Sea. Especially renown for its beaches, boardwalk and nightlife.
• Nicotera on the Tyrrhenian Sea, is a beautiful little medieval Town with an ancient Ruffo's castle.