Go Back   Italian Online community - Italian forum > Immobiliare: Real Estate Buying & Renting > Financing: Investing and Business in Italy

Reply
 
LinkBack Thread Tools Display Modes
  #1  
Old 01-28-2009, 11:00 PM
Banned
 
Join Date: Nov 2007
Posts: 526
Blog Entries: 41
Thanks: 167
Thanked 88 Times in 73 Posts
Lightbulb Investing in Italy

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

Last edited by frank tarsitano; 01-28-2009 at 11:57 PM.
Reply With Quote
  #2  
Old 02-03-2009, 07:05 PM
Micio's Avatar
Senior Member
 
Join Date: Oct 2006
Location: ATLANTA, GEORGIA USA
Posts: 133
Blog Entries: 1
Thanks: 18
Thanked 11 Times in 10 Posts
Default

Do you have a listing online?
Reply With Quote
  #3  
Old 02-04-2009, 04:52 AM
Banned
 
Join Date: Nov 2007
Posts: 526
Blog Entries: 41
Thanks: 167
Thanked 88 Times in 73 Posts
Default

Quote:
Originally Posted by Micio View Post
Do you have a listing online?
Ciao Micio


There is no online public list of these private properties, land & developments for sale. Email me francotarsitano@msn.com for a registration form and a detailed itinerary.
The Calabria Riviera
Real Estate Property Site Inspection Tours
Starting June 1st to Sept 20th

The One Week Tour Registration Fee $2997 US Dollars (per couple)
All our guests will be staying at Hotel Mediterraneo Via Dogana 64, Zip 87032 AMANTEA in the town of Amantea. Please call and make your hotel arrangements for weekend arrivals Saturday or Sunday in-between June1st thru Sept 20th. Hotel Video Presentation & Website: mediterraneopalacehotel.it/index2.html [/B]the hotel costs are deducted from registration fee.
I will be introducing are guests to 4 Architects whom are the largest builders land developers and 6 major local real estate agency owners including our own company owner Architect of Remax Paola Marina in Calabria. The guests will see a total of 18 properties (3 showings per day) and 3 major private developments along the Calabria Riviera and Lamezia Coast. The properties will be discussed in detail on a case to case basis taking into consideration each persons budget, needs and requirements. There will be no pressure to purchase a property. We will learn from the best, have fun and enjoy a wonderful vacation experience touring this amazing paradise.

Tour Schedule
Monday: Amantea
Tuesday: Paola
Wednesday: Diamante
Thursday: Scalea
Friday: Lamezia
Saturday: Pizzo & Tropea
Sunday: Departure

All our guests have the option of staying longer than the one week tour period at their own expense.

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 Claudio Aloise 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 (Book your flight to Lamezia Terme Airport, 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.

• Send questions to: francotarsitano@msn.com

Buon Viaggio,

Frank Tarsitano, Chris Dunkerley, and Claudio Aloise
The Global Property Group Ltd & Remax International Paola, Italy
Office in Italy: Via S. Agata 110, Paola, Cosenza 87027
P.Iva 01845500784

Last edited by paolo; 02-12-2009 at 06:05 PM.
Reply With Quote
The Following User Says Thank You to frank tarsitano For This Useful Post:
Micio (02-12-2009)
  #4  
Old 02-12-2009, 04:05 AM
Micio's Avatar
Senior Member
 
Join Date: Oct 2006
Location: ATLANTA, GEORGIA USA
Posts: 133
Blog Entries: 1
Thanks: 18
Thanked 11 Times in 10 Posts
Default

My husband and I have so many ambivalent feelings about moving to Italy; he misses his family and we both want to get out of Georgia. I would love nothing more than to come to Calabria and learn about all of the cheap properties. The only problem is, if we did move back to Italy we would prefer to be closer to Ostia Lido or Rome, near his mom.

But again, thank you for this useful information.
cheers,
Gwen Carminati

Last edited by Micio; 02-12-2009 at 04:06 AM. Reason: wronng noun
Reply With Quote
  #5  
Old 02-12-2009, 03:33 PM
Banned
 
Join Date: Nov 2007
Posts: 526
Blog Entries: 41
Thanks: 167
Thanked 88 Times in 73 Posts
Default

Quote:
Originally Posted by Micio View Post
My husband and I have so many ambivalent feelings about moving to Italy; he misses his family and we both want to get out of Georgia. I would love nothing more than to come to Calabria and learn about all of the cheap properties. The only problem is, if we did move back to Italy we would prefer to be closer to Ostia Lido or Rome, near his mom.

But again, thank you for this useful information.
cheers,
Gwen Carminati
Thanks Micio

Anytime you and your husband want to join me in Calabria this is my number 329 124 1118 I will be there from June thru Sept.
Reply With Quote
  #6  
Old 02-12-2009, 05:40 PM
Banned
 
Join Date: Nov 2007
Posts: 526
Blog Entries: 41
Thanks: 167
Thanked 88 Times in 73 Posts
Default

Dear Members
The Calabria Riviera
Real Estate Property Site Inspection Tours
Starting June 1st thru Sept 20th

The One Week Tour Registration Fee $2997 US Dollars (per couple) $1500 per person.
All our guests will be staying at Hotel Mediterraneo Via Dogana 64, Zip 87032 AMANTEA in the town of Amantea. Please call and make your hotel arrangements for weekend arrivals Saturday or Sunday in-between June1st thru Sept 20th. Hotel Video Presentation & Website: mediterraneopalacehotel.it/index2.html the hotel costs are deducted from registration fee.
I will be introducing are guests to 4 Architects whom are the largest builders & land developers in Calabria and 6 major local real estate agency owners including our own company owner Architect of Remax Paola Marina in Calabria. The guests will see a total of 18 properties (3 showings per day) and 3 major private developments along the Calabria Riviera and Lamezia Coast. The properties will be discussed in detail on a case to case basis taking into consideration each persons budget, needs and requirements. There will be no pressure to purchase a property. Those who are not interested in purchasing property at this time but want to join the tour are welcomed. We will learn from the best, have fun and enjoy a wonderful vacation experience touring this amazing paradise.

Tour Schedule
Monday: Amantea
Tuesday: Paola
Wednesday: Diamante
Thursday: Scalea
Friday: Lamezia
Saturday: Pizzo & Tropea
Sunday: Departure or relaxation

All our guests have the option of staying longer than the one week tour period at their own expense.

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 Claudio Aloise 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 (Book your flight to Lamezia Terme Airport, 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.
• Send questions to: francotarsitano@msn.com
Buon Viaggio,
Frank Tarsitano, Chris Dunkerley, and Claudio Aloise
The Global Property Group Ltd & Remax International Paola, Italy
Office in Italy: Via S. Agata 110, Paola, Cosenza 87027
P.Iva 01845500784
There is no online public list offering of these private properties, land & developments for sale. Email me francotarsitano@msn.com for a registration form and a private detailed itinerary.
Please browse thru our associates websites listed below. I have evaluated and selected some but not all of their properties for the tour. Rosario Quintieri owner of Globe Real Estate in Calabria is one of the builder land developers in Calabria that are guests will be meeting during the tour he also has some wonderful photos of the Calabria Riviera area we will be touring.
Our Group of Architect Builders & Land developers in Calabria
Ignazio Bruni, Nelson Perri, Enzo Alfano, Francesco Bitonte, Raffaele Riga, & Claudio Aloise


Last edited by paolo; 02-12-2009 at 06:06 PM.
Reply With Quote
  #7  
Old 03-08-2009, 11:01 PM
Banned
 
Join Date: Nov 2007
Posts: 526
Blog Entries: 41
Thanks: 167
Thanked 88 Times in 73 Posts
Default Smart investment considerations in Real Estate

Warren Buffett isn't the world's richest man because he invented something revolutionary, or because he used massive amounts of debt to lever a bet (he's not a fan of debt). He's the world's richest man (or nearly so) because he deployed and compounded his capital incredibly well over a long period of time. He didn't start out rich. He just started out smart - old-fashioned smart - and stuck to his principles. When you're feeling pessimistic - and especially when you're feeling euphoric - you should stick to them too.

We have noticed during this global real estate crash, especially in certain states in America. It has created a great opportunity for purchasing undervalued homes. The unfortunate home buyers who purchased expensive properties with small down payments were forced into foreclosure due to financial short falls and decreasing property values. Where did the home owner go wrong? There is a rule and a certain philosophy a buyer must understand and consider before purchasing a property in most countries.
1. The philosophy – What is a home? It is an asset which has no emotional value to a bank that has given you money “mortgage” to purchase the home. For this reason the home buyer must psychologically accept the home purchase as a business investment or operating a business even thou initially it is predominately an emotional and personal decision. Why must we consider purchasing a home like a business? So we can determine the right manageable value size investment decision. What happens when you loose your job and can no longer afford the payments on your home investment? Do you just walk away? This is the question many home buyers struggle to ask themselves prior to purchasing the property. The answer is calculating a homes potential income. Yes.. a home has potential to make income that’s why are philosophy is to consider it as a business from the start; it does not have to be considered as a buyer’s liability because of a mortgage. Most important is predetermining if you have made the right manageable value size investment decision on your home purchase. How is this calculated?

2. The Math equation is very simple- evaluating your home investment income potential prior to purchasing it which will help avoid and assist in your financial short falls! An average size home is approximately 2000 sqft (186 meter square) 3 bedroom. Determine what your residential area currently charges for a one bedroom apartment or find out what someone is paying to rent a whole house the same size. Please keep this rental amount in mind and write it down. Your average size house has 3 one bedroom potential rental units. In most cases your home is designed in such a manner to provide you with these rental options. Once you have the answer to your home’s monthly rental income potential (2000 dollars). This rental income potential amount of 2000 is what the buyer pre uses before purchasing the home to figure in calculating and determining if you have made the right manageable value size investment. For example this 2000 dollars gives you a base income amount to be used too calculate in case you loose your job. This will also tell you if your home investment generates enough income on its own too pay for itself until you find another job. If your mortgage payments on this home exceed the total potential rental income of the property, you are at a higher risk of loosing your home. You will also have too come up with the difference from your own income to further carry the home investment.

If you use this simple philosophy and math equation, you will be better prepared and feel more confident with the financial challenges that may comfort you in the future. It will assure that you have made the proper manageable value size investment.

Foreign Buyers

Today is a great time to buy property but where? Let’s look at an example for the foreign buyer.

Italy vs. USA

Comparing the two countries based on the evaluating principals I mentioned above. We will look at example of two similar regions in each country and compare
Calabria, Italy vs. California, USA.
Both regions have the same beautiful geographic and climate similarities. The average size home 2000 sqft or 186 meters in California is selling at 350 thousand dollars (275,000 Euros). For 275,000 Euros you can have the same size average home in Calabria.

The foreign buyer makes a more manageable value size investment in the Italian Calabria property compared to the California property in the USA. Why?
Average Costs and average Rental income potential are the determining factors from both areas...The carrying costs to maintain a home in Calabria is only 1200 Euros a year. The carrying costs to maintain the same size home in the California, USA per year is 10,000 US dollars (8000 Euros). When we use these factors and compare the two investment properties we would have the following financial Statements.

Calabria Italy Property
Annual Income rental potential 12,600 Euros (16,000 US)
Less the total annual carrying costs 1,200 Euros 1,500 US
Profit 11,400 Euros, 14,500 US

California USA Property
Annual Income rental potential 18,000 US
Less the total annual carrying costs 10,000
Profit 8,000 US

The Italian property has a higher profit 6,500 US


Although, The annual rental income potential on average... is higher in the USA, because the average annual carrying costs in Italy are less.. the foreign buyer makes a more profitable and manageable value size investment, purchasing the same priced home in Calabria Italy.
Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On