Property investment opportunities in Sicily
Following the success with the Tuscan developments of Vepri and Catignano, and with the increasing demand for overseas property, Frank Salt Real Estate Ltd is now offering a carefully hand-picked selection of country houses, town houses, new...
Following the success with the Tuscan developments of Vepri and Catignano, and with the increasing demand for overseas property, Frank Salt Real Estate Ltd is now offering a carefully hand-picked selection of country houses, town houses, new developments, villas and sites for development in the region of Ragusa, Sicily.
The world's love affair with this enchanted land of succulent wines and inspiring sights has been going on for many years, probably making Sicily one of the most sought-after areas in Italy for holidaying. It offers a rich combination of historic cities, culture, a warm climate and an easy way of life. It offers coastlines, mountains, countryside and beautiful towns and cities. In a few words, Sicily has it all.
"Over the last few months, Frank Salt Real Estate has been studying the potential of this island and how property can be offered to the local market," said Joseph Lupi, managing director.
"Once the right Italian associates had been found, a thorough exercise was undertaken to locate which regions of Sicily offer the best investment potential as well as peace of mind where it comes to security.
"The region of Ragusa was opted for, mainly for its proximity to Pozzallo and the Maltese islands, its non-involvement with the Sicilian mafia, as well as for its rich and diverse sites and countryside, not to mention the excellent property prices. These are in fact very similar to what one used to pay in Malta and Gozo 20 years ago but are now rising fast," he said.
It is possible to acquire a 20,000 sqm plot of land, secluded in the countryside yet close to the charming towns of Ragusa and Modica, from €90,000. Ready-to-move-into town houses in the heart of the city start from €75,000.
A number of developments are already underway in conjunction with local developers. One such development offers the possibility of buying a plot of land measuring 10,000 sqm, together with permits for a luxurious villa from only €55,000. Not only, Frank Salt Real Estate are also offering turnkey solutions, whereby the villa can be completely constructed and finished to very high specifications from only €180,000.
Sicily is only 90 minutes away by catamaran, making it an ideal destination for a holiday home. The cost of living is lower than that in Malta and the island boasts of a stable and growing economy. One other factor that is expected to trigger a lot of interest among Maltese is the possibility of joint ownership, whereby a group of friends or relatives will be able to benefit from this great opportunity but avoid absorbing the full cost of purchase.
An open weekend is being held between November 14 and 16 at the Le Meridien Hotel in St Julians, in order to provide more information on this investment opportunity. For more information or to arrange an inspection visit, one may call at any Frank Salt Real Estate branch, e-mail at sicily@franksalt.com.mt or call on 23 794 794.
The world's love affair with this enchanted land of succulent wines and inspiring sights has been going on for many years, probably making Sicily one of the most sought-after areas in Italy for holidaying. It offers a rich combination of historic cities, culture, a warm climate and an easy way of life. It offers coastlines, mountains, countryside and beautiful towns and cities. In a few words, Sicily has it all.
"Over the last few months, Frank Salt Real Estate has been studying the potential of this island and how property can be offered to the local market," said Joseph Lupi, managing director.
"Once the right Italian associates had been found, a thorough exercise was undertaken to locate which regions of Sicily offer the best investment potential as well as peace of mind where it comes to security.
"The region of Ragusa was opted for, mainly for its proximity to Pozzallo and the Maltese islands, its non-involvement with the Sicilian mafia, as well as for its rich and diverse sites and countryside, not to mention the excellent property prices. These are in fact very similar to what one used to pay in Malta and Gozo 20 years ago but are now rising fast," he said.
It is possible to acquire a 20,000 sqm plot of land, secluded in the countryside yet close to the charming towns of Ragusa and Modica, from €90,000. Ready-to-move-into town houses in the heart of the city start from €75,000.
A number of developments are already underway in conjunction with local developers. One such development offers the possibility of buying a plot of land measuring 10,000 sqm, together with permits for a luxurious villa from only €55,000. Not only, Frank Salt Real Estate are also offering turnkey solutions, whereby the villa can be completely constructed and finished to very high specifications from only €180,000.
Sicily is only 90 minutes away by catamaran, making it an ideal destination for a holiday home. The cost of living is lower than that in Malta and the island boasts of a stable and growing economy. One other factor that is expected to trigger a lot of interest among Maltese is the possibility of joint ownership, whereby a group of friends or relatives will be able to benefit from this great opportunity but avoid absorbing the full cost of purchase.
An open weekend is being held between November 14 and 16 at the Le Meridien Hotel in St Julians, in order to provide more information on this investment opportunity. For more information or to arrange an inspection visit, one may call at any Frank Salt Real Estate branch, e-mail at sicily@franksalt.com.mt or call on 23 794 794.