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Abruzzo Real Estate

For affordable opportunity in one of Italy’s most beautiful regions investors are now turning their attentions to Abruzzo real estate because this region of Italy still has a wealth of affordable property and boasts many of the charms of Tuscany and Umbria without the fashionable locations’ price tags!

Report filed under: Buying Property Abroad Guides » Property in Italy Buyer's Guides

Sat, March 18, 2006 - 1:11 pm EET

Abruzzo Real EstateIn our opinion the attraction of Italy never fades, and we are not alone in our thinking because research shows that there are already in excess of 19,000 Brits living in Italy.  The influx of second homers, those in search of a holiday home and even retirees has seen property prices in the most popular parts of the country surge.

For affordable opportunity in one of Italy’s most beautiful regions investors are now turning their attentions to Abruzzo real estate because this region of Italy still has a wealth of affordable property and boasts many of the charms of Tuscany and Umbria without the fashionable locations’ price tags!

Abruzzo offers the perfect blend of beaches, skiing, rural countryside, low real estate prices and accessibility - and its appeal is slowly but surely becoming recognized by overseas property buyers and tourists in search of hidden Italy.  The region is a year round favourite with tourists who spend the winter skiing in Gran Sasso and the summer sunning themselves on the region’s unspoilt sandy beaches.  There are opportunities for nature lovers to explore the region’s interior on foot or mountain bike and for food and wine connoisseurs to sample the best of Italian cuisine in many of the small traditional towns and villages of this central eastern part of Italy.

Abruzzo real estate is beginning to appeal greatly particularly to the British and American market of holiday home seekers and those in search of a rural idyll and retreat in this unspoilt corner of Italy.  While renovation projects in Abruzzo are incredibly popular because of their often ridiculously low selling price, there are also a number of opportunities to purchase slightly more expensive new or already renovated properties in Abruzzo too.

An individual buyer looking for investment property in Italy is likely to have a very fixed idea of their perfect piece of Abruzzo real estate and so will tailor their search for suitable properties accordingly.  Local real estate agents will display a range of properties for sale but will often know of other suitable projects that are available but not marketed which is why engaging the services of a local estate agent in Abruzzo can save the property investor a lot of time and effort.  Those in search of rural, rundown, renovation real estate will find many opportunities in this region of Italy and prices start from a very favourable GBP 15,000.  The downside of renovation in Italy is that it is incredibly expensive to source labour and materials and those considering this approach to property purchase need to keep in mind likely renovation costs when budgeting.

In terms of off plan properties and brand new real estate for sale in Abruzzo, the majority of such projects can be found in the most popular seaside towns.  Those who buy in built up areas do benefit from improved infrastructure and accessibility to amenities; on the other hand those who purchase property off the beaten track can embrace a kind of freedom not usually obtainable from a town house or apartment.  The good news is that the choice of real estate available for sale in Abruzzo means that most buyers’ tastes can be catered for.

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