Homes for sale in Calitri

Investing in a property in Calitri (AV), Campania, Italy 

The first question every potential investor asks himself is what to invest in. With some stock market investments and pension schemes not fairing very well, real estate is an attractive option. The second question is where to invest, particularly in light of spiraling real estate prices in the U.K. and elsewhere. Italy is a safe and delightful alternative.

Italian culture is based on traditions, on the family and on the life that revolves around the home. Being a property owner has dominated the priorities list of most Italians in the last century. Property ownership has always been taken very seriously as an investment opportunity in Italy because of the potential returns. In fact, the market for second and holiday homes has expanded in recent years as investors have sought them out not only as an avenue for entertainment and travel, but also for their investment potential. Investors buying a house in Calitri stand to benefit from both aspects.

Tourism in Italy

The Italian peninsula has attracted foreigners ever since the eighteenth century, as James Joyce, Lord Byron and Johann Wolfgang von Goethe remind us. Each corner of the country offers delicacies for the intellect, the body and the soul to savor. The nation's artistic and cultural heritage is evident not only in museums but also in the streets and in every-day life. The outstanding architecture, the artistic heritage, the thermal baths, the enchanting seashores, the skiing resorts, and the gourmet food and wine are among the infinite attractions that entice many a visitor every day. Each region has its own specialties and characteristics, and while some are more well known than others, each is unique and has something very special to call its own. 

Calitri properties for sale

Calitri as an investment opportunity offers a lot of potential. Foreign interest in some areas such as Chianti have inflated the market to the point that buying a property in the area has become a huge financial commitment. A similar phenomenon has started to take place in Umbria. So where the supply of attractively-priced housing has dried up, buyers in Calitri are being offered a slice of what in the future will become a new Italian holiday hotspot.

In Calitri, today, homebuyers are able to enjoy the same Mediterranean feel that exists in other more fashionable locations in Italy without the crowds that are drawn to such places and with the added bonus of an authentic lifestyle.

One fixed cost buyers need to factor in when considering their purchase is annual Italian government property taxes, similar to those in other countries and proportional to the value of the property in question. Adhering to the management services agency costs 150 euros a year.

So, Calitri: a small investment with huge potential. The apartments and houses in the "Antico Borgo Calitri'' stand to benefit from a rise in their value over time, as the town becomes increasingly known as a vacation location and as it appeals more and more to both an international and local clientele.

Last, but not least, foreigners who buy property in Calitri are being welcomed open-armed by locals for their contribution to the preservation of the medieval hamlet and to the local economy.

Prices & property in Calitri

Studio - approx 35m2 From £ 20,000
One bedroom - approx 50m2 From £ 25,000
Two bedrooms - approx 85m2 From £ 30,000
Property on more than one floor or building - To be confirmed

 Cariano – The Second Antico Borgo Project

Cariano is a small but beautiful town way up in the mountains about 15 minutes from Calitri. With stunning 360 degree views, it is arguably even more beautiful than Calitri; it has a few shops, bars and one super restaurant on the outskirts of the town, and a super little town square and gardens. The streets are cobbled and narrow (and make exciting driving) and all the locals take a real pride in the place with almost all the balconies full of plants and flowers. It is a town not to be missed on your house-hunting visit.

Calitri and areas around