Investing in Italy “ La Dolce Vita”
Several years ago, I decided to sell my small business in Northern America and develop land located in my mother country of Italy. During my land development experience, I found some amazing real estate deals. Today, I help foreign buyers do the same and continue my quest to find the most beautiful and undervalued properties in Italy. I found Real Estate (land, apartments and homes) with panoramic views of the Mediterranean on one side and mountains on the other. Where? In Calabria, “The South of Italy” did you know that there is a Calabrian Riviera? Yes, and it is the most beautiful strip of sea side land I had ever seen in Italy.
In the United States, very few properties like this exist and they sell for millions of dollars. However, the properties I located in Calabria, Italy along the Calabrian Riviera are selling for $50,000 to $100,000 in the case of land and $125,000 to $250,000 in the case of apartments and villas.
Why is this real estate in Italy so desirable?
Unique beauty and low market valuation: The properties I located in Calabria, Italy are some of the most beautiful we have ever seen and the prices are 50% to 75% below what they should be. If you look at other similar locations (Nice or Cannes or Costa del Sol) where prices have sky rocketed, you should get excited.
Growth in real estate and commerce: Unlike the United States, some areas of Italy are only beginning to participate in an upswing in real estate values. Starting from low market valuations, these areas will likely appreciate in value for at least the next 10 years, if not longer. According to our European liaison and realtor, in the areas we have identified, real estate has appreciated 87% in the last four years and he anticipates an average annual appreciation of approximately 25% to 30% per year.
Demographics and Aging Population: Just as the United States is experiencing an aging population and increased demand for real estate in warm, southerly climates, so is Europe. This trend is resulting in increased demand for Mediterranean properties.
Location: Imagine experiencing over 330 days of sunlight and moderate to warm temperatures. Imagine snow skiing one day and laying on the beach the next ñ all within an hour of your vacation home and/or investment property. In the U.S., you would have to pay a fortune for a location like this.
Euros: The conversion of most of Europe currency into Euros has been a big success. In addition to huge cost and efficiency savings, Euros have opened up trade barriers between countries causing an economic boom in business. However, the benefits of this conversion are just starting. Given these factors I think it is very likely that the Euro will appreciate against the dollar over the next 20 years. By investing in European real estate you can participate in the appreciation of the Euro.
Language: Many European countries teach English as a second or third language. In France, for example, English is a required subject. In the Netherlands, English is spoken by over 90% of the population. Why is this trend occurring? Europeans recognize that trade with the Great Britain, Ireland, Australia, Canada and the U.S. is extremely important. And, unlike the United States, speaking another language for the modern European is not terrifying. They embrace other languages and cultures, while still maintaining their own.
People: Contrary to popular belief, one would think that the people would be less than friendly with Americans. However, we experienced some of the nicest people in the world.
High Speed Trains and infrastructure improvements: High speed trains, traveling at about 120 miles per hour are making it possible for individuals to live far from the large cities and commute into work. This helps the area grow economically and real estate values rise.
On June 1st through September 20, 2009, we are heading back to this area with the goal of purchasing properties for ourselves and assisting other Real Estate Investors that want to do the same. If you would like to own Your Own Slice of Italy I challenge you to come with us on our next scheduled property site inspection trip.
So what can you expect traveling with us on tour?
With out a doubt, in addition to finding some of the best real estate deals in Italy, I can promise you some of the world’s best historic culture, art, architecture, scenic vistas, unspoiled coast lines, fantastic food, wine, and coffee.
Due to space limitations, we can only accommodate 6 Real Estate Investors per week on this trip. As part of the trip we will provide instructions on real estate & land investing techniques and trends throughout Calabria, Italy. We have also made arrangements with our Real Estate professionals & Our Company Architect to help guide you through the process of purchasing properties.
So how does this work:
Pre Trip
We will plan on speaking with each of you individually to help you plan for the trip. You will need to make flight arrangements for traveling to Lamezia in Calabria, Italy.
Days 1 through 5
Let us pamper you and take care of the travel, appointments and places to see for the next five days. We'll show areas along the Calabrian Riviera, Lamezia Coast and Mediterranean that are beautiful and highly undervalued.
Day 6 & 7
Relaxation and for some of you, it will be time to return home. We provide transportation back to your hotel and the Lamezia Terme airport.
Post Trip
What does your fee include?
• Pre-selected locations to visit that represent beauty and incredible value.
• Our own company Real estate agents standing by to help you. You don't have to hunt down the best offices or the professionals who speak English - we've taken care of this because our agents all speak English and Italian.
• 6 nights hotel room included. (Sunday Departures)
• Transportation from and too all property showings. You only need to get yourself to Lamezia, Calabria, Italy.
What will you learn in this trip?
• How to buy properties in undervalued areas of the Mediterranean.
• The history and culture of the area.
• How to partner with other investors to create joint ventures.
• Additional Seminar Details
• Date, City and Venue
• Date:
• Tour: Starts June 1st 2009
• City: Lamezia, Calabria, Italy
• Price
• Attendees: $2997. One week package per couple.
• Please sign up as soon as possible to reserve your place.
• Time
• Day 1 of the trip will start at 10:00 local time on June 1st, 2009.
• Days 2-5: Each day we will start at approximately 09:00 and end at approximately 18:00 (6:00 P.M.).
• Transportation
• Attendees are driven to all property showings and are given area tours along the way.
• Cancellation Policy
• You may change your mind and cancel your enrollment within 7 days of registering for the course, and receive a full refund; however, we cannot accept cancellations within 21 days of departure.
• Questions
• Send questions to:
francotarsitano@msn.com
Buon Viaggio,
Frank Tarsitano, Chris Dunkerley, and Claudio Aloise
The Global Property Group Ltd & Remax International Paola, Italy