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Discount Brings Three Bedroom Property in Calabria to Below 100,000 euros

Belt-tightening is the order of the day for many households with unnecessary extravagances flying out the window. However, if you’re working to a tight budget in your quest for a second home, we’ve got some excellent news. For a limited time homes at San Sostene have been slashed in price moving them way below market value. A three bedroom penthouse that was 140,000 euros last week, is now 95,000 euros this week. A veritable steal.

Deep in the instep of Italy’s boot, sits San Sostene, a small village with a population barely over 1,000 which thrives on the cultivation of chestnuts, olive oil and more recently – wind power. This provides the idyllic spot for San Sostene Resort, an apartment and townhouse development where pocket money prices start from a newly discounted 42,000 euros for one bedroom and rental yields are expected to be as high as 9% each year.

Thanks to its hillside setting San Sostene Resort enjoys the best of both worlds, incredible views looking across the lush pines, eucalyptus, olive and citrus trees down to the sea below as well as easy accessibility to the white sandy beaches which are just 1,700 metres away. Uncrowded and sheltered, these are amongst the best beaches that the Ionian coastline has to offer.

If you prefer your sand in bunkers, the fairways of the 18-hole course at Santa Caterina are also within minutes of San Sostene Resort whilst the nearby town of Soverato with its active fishing port will ensure seafood on tap.

With a choice of one bedroom apartments and three bedroom townhouses San Sostene Resort is meticulously designed to western European tastes and standards including top-specification fitted kitchens. On-site residents have a wealth of facilities on tap including swimming pools, tennis and volleyball courts, a fitness centre, children’s play area, internet café, shops, restaurants and bars including a beach bar. Meanwhile the local area offers historic sites, walking trails and every water sport under the Calabrian sun. Lamezia Terme Airport (RyanAir serves London Stansted direct) is a 60km drive, around 35 minutes, but even quicker once the new motorway currently under construction opens to traffic.

For a limited time only there are generous discounts that bring starting prices to just 42,000 euros. The three bedroom two bathroom penthouses for 95,000 euros are a particularly attractive proposition. Payment terms are 50% on signing private purchase contract and 50% upon completion scheduled for the end of 2009.

Contact GEM Estates now on info@gem-estates.com, visit www.gem-estates.com or call UK Freephone 0800 036 0068, Irish Freephone 1800 211 462 or call the Spanish office on 00 34 952 799 286 to find out more.


Useful Links:

Property Calabria Italy

San Sostene Resort Development Information


 

Author: 
Date: 9/2/2008

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