Holiday Lettings news - Italy's heel and toe attract rental buyers

Italy's heel and toe attract rental buyers

UK buyers have been investing heavily in property in the Italian regions of Puglia and Calabria recently, according to Homes in Italy.

Property in these two regions of Italy has been particularly popular because at the moment it is relatively low-priced.

Historically, the south of Italy – Calabria is the "toe" of the Italian boot and Puglia (also known as Apulia) is the "heel" - has had a completely different character and economic make-up to the north. Consequently, the property markets between the two halves of the country are very different.

And with its beautiful weather, stunning scenery and proximity to the UK, the regions also offer investors substantial rental potential, another contributing factor to the areas' popularity.

The director of Homes in Italy, Mark Slaviero, said: "The two regions which probably stand out the most are Calabria and Puglia. Puglia this year has probably had more media interest this year than even Calabria - but there's still a lot of people interested in buying in Calabria.

"I wouldn't say that they're untapped regions, but they're very much new regions on the radar for overseas property buyers - so the prices are very reasonable."
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