Calabria, Italy
www.poshproperties.co.uk
Posh Property International Ltd
Tel: 01283 792392
Investment Highlights
An unrivalled opportunity to invest in a
luxury eco-development in the
picturesque region of Calabria, southern
Italy.
• Spacious, luxury 2-bed apartments
• Swimming pools, spa, gymnasium,
tennis courts and beach club
• Prices from €179,674
• Delivery from 2010
• Fastest-growing area for property
price increases in Italy
www.poshproperties.co.uk
Posh Property International Ltd
Tel: 01283 792392
Contents
Project Overview... 4
A Brief Introduction to Italy... 5
Why Calabria?... 6
Development Overview... 10
Environmental Features... 13
Financial Information... 14
Summary... 15
About Qualta Italia... 15
Contact Information... 16
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Posh Property International Ltd
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www.villadellolivara.com
Project Overview
Villa dell’Olivara is a development of 308
2-bedroom apartments and penthouses situated
in a tranquil area 700m from the beach in
Calabria, Italy’s southern-most state.
Qualta Italia has applied a traditional Italian
architecture to the development combining
rustic natural stone with clean architectural lines.
Each group of apartments is designed and
orientated on a gentle slope facing out to sea,
allowing the majority of units fantastic views over
the bay. Each apartment comes with garden or
spacious terrace and roof solarium.
Qualta Italia has a keen focus on protecting the
environment, which is why Villa dell’Olivara has
been designed to have as little impact as
possible on its surroundings. The development
will have salt-water swimming pools to minimise
the use of chemicals onsite and the latest
energy-efficient appliances will be installed in
every property to reduce carbon emissions.
Gardens will be landscaped to include lawns,
attractive olive tree-lined walkways and
recreational areas. Trees displaced during
construction will be replanted within the
development, thus preserving the mature beauty
of the area’s indigenous species.
4
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Tel: 01283 792392
www.villadellolivara.com
A Brief Introduction to Italy
Italy is a boot-shaped peninsula in southern
Europe surrounded by water. The Tyrrhenian
Seas border the country on the west; and the
Adriatic Sea laps the east coast.
Italy has moved away from its roots as an
agricultural producer and now ranks as the
world's fifth-largest industrial economy. It
belongs to the Group of Eight (G-8)
industrialised nations and is a member of the
European Union and the OECD.
Italy's economic strength lies in the processing
and the manufacturing of goods, especially highend luxury products, primarily in small and
medium-sized family-owned firms.
Italy’s ever-expanding tourist industry is a clear
indicator of a healthy investment climate. A
survey produced by ENIT (Italian Tourism
Authority) indicated that Italy is gaining a greater
share of the international tourism market.
With its magnificent architecture, delicious food
and wine, inspiring arts and ancient cultural
heritage, Italy continues to draw visitors every
year and is easily accessible with budget flights
arriving and departing every day. The current
trend of tourists finding hidden hotspots is
creating a growing holiday rental market, which
is why Calabria is widely regarded as a
promising investment location.
Property price increases in key locations of Italy,
namely the southern regions, were considerably
higher than the overall national average of 6.3%.
Growth in 2007 followed this upward trend and
is expected to continue to do so in the
foreseeable future. Italian property, especially in
the South, remains cheap compared with many
other EU countries.
5
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Why Calabria?
Calabria is Italy’s southern-most region. It has an un-spoilt landscape, with
perfect year-round weather, and is famed for its beautiful coastline and
beaches. Said to be one of Italy’s best-kept secrets it would seem the word
is out, with an ever-increasing number of tourists visiting its shores. It is of
prime interest to investors for a number reasons:
• Stable high capital growth
• Large areas protected from development
• Strict building controls
• Heavy government investment in infrastructure
• Accessible to golf and skiing
• 2-hour flight time from most major European airports
• Increasing tourism
• Sunny year-round weather
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Italy's entrance into the European Community
meant great improvements were made to
infrastructure for Calabria's 2 million residents.
For the past few years the regional and local
governments have focused on promoting tourism
in Calabria and, as a result, the region has been
number one in Italy for annual tourism growth for
7 years.
A MEDITERRANEAN CLIMATE
During the coldest months in Calabria,
temperatures rarely drop below 13°c, with the
summer average being a pleasant 26°c. The
summer heat is easily endured, due to a
refreshing sea breeze, and with 300 days of
sunshine per year Calabria has one of the
steadiest climates in the world.
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NUMBER ONE FOR TOURISM
GROWTH
INVESTMENT TO INFRASTRUCTURE
The largest bridge in Europe is going to join
Sicily to the mainland, an investment of billions
of euros, and motorways are planned to replace
local roads thus linking the seaside towns to the
national network and airports. A new road will
replace the little-used railway that runs along the
length of the coast.
3 HOURS FROM UK
Villa dell’Olivara is located just 10 minutes drive
from the International Airport of Lamezia-Terme.
Flight times are just 2 hours from most major
European airports and 3 from the UK. Direct
flights are currently from London Stanstead (with
Ryanair), Zurich, Munich, Rome, Milan, Verona
and Venice and the number is steadily
increasing.
7
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Posh Property International Ltd
Tel: 01283 792392
www.villadellolivara.com
GOLF
An 18-hole golf course is planned to be built just next
to Villa dell´Olivara adding to the two established golf
clubs in the area - Feudo Montalto Golf Course in
Limbaldi Vido Valentia and Montechiarello Golf Club.
Local plans for the future also include a new luxury
hotel and marina within a 5-minute drive.
CLEAN BEACHES
The region of Calabria has a total of 750kms of
coastline with sandy beaches, rocky coves and
spectacular headlands. Recently the government of
Calabria, in an effort to preserve and protect its
valuable coastline, has taken steps to create an
efficient, well-designed water treatment system
resulting in Calabria now having one of the cleanest
coastlines on the peninsula.
SKI & SNOW
The resort of Camigliatello Silano, a 50-minute drive
from Villa dell´Olivara, provides skiers with pistes of
varying degrees of difficulty, beautiful alpine views, offpiste cross-country skiing, and connections with fellow
ski stations in both Lorica and S.Giovani. In the spring,
summer and autumn, the area becomes a walker’s
paradise with scenic routes through the Sila Grande.
8
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LOCAL INTEREST
Italy is home to famous historical cities, such as Rome, Florence and
Venice. Calabria´s towns, although lesser known, are steeped in ancient
history.
Tropea: Located half-an-hour’s drive south from
the Villa dell’Olivara development, is the
undisputed jewel-in-the-crown of the region. It is
one of Calabria’s most important historical towns
in terms of art and sculpture. Perched on a
circular cliff above a beach of fine white sand,
the town is home to a wealth of museums,
galleries, churches, restaurants and shops. The
main church of Santa Maria dell’Isola is built on a
crag jutting out to sea providing a stunning focal
point to the town.
Catanzaro: This beautiful old town rises on a rock
and is split into two parts by the steep Fiumarella
valley, the two sections being connected by a
huge concrete steel bridge, one of the highest in
Europe. The beachside neighbourhood of
Catanzaro Lido has a wide promenade and
harbour for small fishing and pleasure boats.
Reggio Calabria: Once home to Gianni Versace,
this is the largest and oldest city in Calabria,
dating back to the 8th century BC.
9
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Posh Property International Ltd
Tel: 01283 792392
www.villadellolivara.com
Phase One
The Development
Villa dell’Olivara is made up of 308
superior quality 2-bedroom apartments,
700m from the sea.
LOCATION
Villa dell’Olivara is a 10-minute drive from the city of
Lamezia Terme and its international airport. It is close
to the ancient city of Tropea and only 50 minutes’ drive
from the ski station, Camigliatello Silano.
10
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Posh Property International Ltd
Tel: 01283 792392
www.villadellolivara.com
Facilities/Amenities
Villa dell´Olivara provides a full range of on-site
facilities for the exclusive use of its owners and
holidaymakers.
Example style of clubouse
• The Clubhouse – a focal point for the
development which includes:
• 2 further outdoor swimming pools
• Tennis courts, bbq and picnic area
- Solar-heated swimming pool
with spectacular views
• Secure gated community
- Bar/Coffee shop
• Close to local towns with bars, restaurants and
places of historic interest
- Spa including Sauna, Jacuzzi,
Turkish Bath
- Gymnasium
- Shower and changing area
Example style of clubhouse
• Local beach for both relaxation and a range of
water sports at the Hangloose Beach Bar
• Beach club and restaurant owned by the Villa
dell’Olivara residents
11
www.poshproperties.co.uk
Posh Property International Ltd
Tel: 01283 792392
www.villadellolivara.com
GROUND FLOOR
PENTHOUSE
The Development
APARTMENT
All of the low-rise 2-bed apartments will have
private gardens, or terraces and roof solariums.
Constructed to follow the natural contours of the
hillside, the units will offer views over the gardens
and out to sea.
A
B
A
B
The apartments will be built in small groups with
gardens and walk-ways boasting olive trees,
Italian vines and other indigenous plants.
SPECIFICATIONS
Ground Floor A
Exterior Apartment
• Modern and spacious well-lit interiors
Closed Area
Built Area
Garden
Terraces
M2
75
81.67
91
25
Closed Area
Built Area
Terraces
Solarium
M2
75
81.67
67
73
TOTAL
198
TOTAL
222
Ground Floor B
Interior Apartment
Penthouse A
• ´Intelligent´ building features will be available
such as wi-fi connection and domotics
• Mono-block style kitchens with top brand
appliances including washing machine, fridge,
hob and microwave oven
• Spacious gardens, terraces and roof solariums
Penthouse B
Closed Area
Built Area
Garden
Terraces
M2
75
81.67
25
25
Closed Area
Built Area
Terraces
Solarium
M2
75
81.67
40
73
TOTAL
132
TOTAL
195
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• Built-in wardrobes in bedrooms
• Fully installed air conditioning and heating
• Covered car-ports
• Secure gated community
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12
Tel: 01283 792392
Any development has an impact on
the surrounding area. Qualta Italia is
committed to keeping this to a
minimum, ensuring that the
environment is protected in every way
possible during construction and
beyond.
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Environmental Features
• Salt-water swimming pools that require a
minimal amount of chlorine will help ensure a
low level of chemical use onsite
• A centralized solar energy system will be
installed to heat one of the pools and provide
power for use in individual homes, thus
reducing carbon emissions and costs
• To protect the local landscape and
ecosystem, olive trees and vines displaced in
the building process will be preserved and
subsequently replanted within the grounds of
Villa dell’Olivara
13
www.poshproperties.co.uk
Posh Property International Ltd
Tel: 01283 792392
www.villadellolivara.com
Financial Information
Prices at Villa dell’Olivara are competitive and
expected to increase significantly as the project
moves towards completion. Now is the time for
investment before Calabria becomes the popular
tourist destination it is destined to be with the
associated rise in property value.
PRICING AND PAYMENT SCHEDULE
Properties at Villa dell’Olivara start at just
€179,674 (excluding VAT) for a 2-bedroom
apartment. At this early stage all that is required
to secure your unit is a €6,000 deposit.
THE BUYING PROCESS
As with any property transaction it is important
that you instruct a reputable and suitablyexperienced lawyer to act on your behalf. Your
lawyer will help the buying process run smoothly
as well as advising on all aspects of the
purchase, related taxes and other costs specific
to your purchase at Villa dell´Olivara.
RENTAL RETURNS
The influx of tourists to Calabria is expected to
continue growing especially with an increase in
international flights to Lamezia Terme. New
hotels are being built and local amenities are
also improving in preparation for the holiday
market, all of which means apartment rentals are
sure to be in high demand.
CAPITAL GROWTH PROJECTIONS
A 20% annual capital growth is estimated after
a comparable analysis of other developments.
14
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Posh Property International Ltd
Tel: 01283 792392
www.villadellolivara.com
Summary
Calabria has been hailed as
the next European property
hot spot by the media and
numerous international real
estate agencies. A growth
market for second-home
investment is inevitable due to
factors mentioned in this
report, including increases in
tourism and investment in
infrastructure.
Capital growth from property
is steadily rising in Italy with
the southern regions
experiencing considerably
higher growth than the
country’s average. Property in
the south is currently
undervalued when compared
to property in similar areas
elsewhere in Europe.
There has never been a better
time to purchase property in
Calabria, an area sure to
attract visitors long into the
future and grow to
accommodate them. To own a
part of this up-and-coming
region now will mean an
investment that, according to
the statistics, can only
succeed.
15
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Posh Property International Ltd
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The contents of this document are for information purposes only and are not binding.
The property developer reserves the right to modify them at the request of its
professional advisors or in order to meet building requirements.
www.poshproperties.co.uk
Posh Property International Ltd
Tel: 01283 792392