A GREAT CALABRIA INVESTMENT

The Sands and Palm View are ideally located close to the village of Brancaleone, on the stunning east coast of Calabria.

Both developments are low-density builds and keeping within the strict planning laws and restrictions on building in Italy, help the surrounding areas keep their current charm.

THE SANDS

Situated just 50 metres from the beach, this development has superb views of the Ionian Sea.  The development offers:

• One and two bedroom apartments and townhouses
• Sea views from all apartments
• South South-West orientation for the townhouses

Price ranges are from 100,500 EUR to 159,500 EUR.

PALM VIEW

This is a low-density development built on a slightly elevated position, 150 metres from the beach, and just 10 minutes walk from the local bars and restaurants of Brancaleone, offering:

• 42 two bedroom apartments
  
• The apartments are built surrounding four swimming pools and lush gardens
  
• All units have sea views
  

Prices range from 100,500 EUR to 122,500 EUR.

The Investment

These developments offer a mid-term / long-term investment:

• Holding on to a property for 5 years allows investors to avoid capital gains tax that can be high if re-selling a unit during the initial 5 years after construction
• Investors can benefit from good rental returns and personal use during this period
• Both developments offer a management service to assist in rentals and re-sales

The Exit Strategies

• Management and re-sale service will be available
• At completion, the developer projects rental returns of 5.60% for apartments, based on a  conservative 16 week summer rental at 350 EUR per week, not including off peak rental of 250 EUR per week, and 8.62% rental returns for town houses