Sicily: Land of Culture and Investment Opportunities
Sicily has been historically important for centuries due to its strategic Mediterranean location. The island, located just off the 'toe' of the Italian 'boot', has a population of roughly 5 million people. With a land mass of over 25,000 square kilometres, it is the largest island in the Mediterranean.
However, Sicily is now garnering attention from many people who are interested in investing in its history and natural beauty.
There are many reasons to invest in Sicily but the first one is basic. Property in Sicily provides the best value anywhere in Italy. Both apartments and villas are priced well below that of other regions on the mainland. For example, a 3 bedroom property can still be found inland in Sicily for a fraction of what it would cost to buy in the rest of Italy.
This viewpoint is supported by James Gonzalez, Obelisk’s Market Analyst. “For those who are looking to invest in the Italian market, Sicily has to be the place. Reasonable prices, excellent infrastructure and a growing popularity as a tourist destination for Italians and foreigners alike make Sicily a definite investment hotspot.”
Sicily has sand, sea, mountains and even an active volcano. It also has a wealth of cultural attractions that make it a desirable port of call for tourists with a wide range of interests. It is a magnet for not only sun worshippers but it is also a Mecca for art connoisseurs, history enthusiasts and lovers of fine architecture.
These are not only important selling points for the lifestyle buyer but also for the straight investor because a market with a strong tourist industry will afford the investor with a long term investment strategy as well as possible exit strategies (thereby reducing risk).
Another reason that many investors are turning to Sicily is the expansion of low cost flights to the island, especially from the UK. Ryanair now has direct flights to Sicily from London Stansted. The improved transport links will raise the island’s profile and also increase tourism.
For more information on overseas property investment and to find out about Obelisk's latest projects, contact Obelisk free on 0808 160 0670 (UK) or 1800 932 514 (IRE).
Email: info@obeliskinternational.com or visit our website: http://www.obeliskinternational.com.
For press enquires, please contact Obelisk’s marketing department on (+34) 952 820 319 or email press@obeliskinternational.com.
However, Sicily is now garnering attention from many people who are interested in investing in its history and natural beauty.
There are many reasons to invest in Sicily but the first one is basic. Property in Sicily provides the best value anywhere in Italy. Both apartments and villas are priced well below that of other regions on the mainland. For example, a 3 bedroom property can still be found inland in Sicily for a fraction of what it would cost to buy in the rest of Italy.
This viewpoint is supported by James Gonzalez, Obelisk’s Market Analyst. “For those who are looking to invest in the Italian market, Sicily has to be the place. Reasonable prices, excellent infrastructure and a growing popularity as a tourist destination for Italians and foreigners alike make Sicily a definite investment hotspot.”
Sicily has sand, sea, mountains and even an active volcano. It also has a wealth of cultural attractions that make it a desirable port of call for tourists with a wide range of interests. It is a magnet for not only sun worshippers but it is also a Mecca for art connoisseurs, history enthusiasts and lovers of fine architecture.
These are not only important selling points for the lifestyle buyer but also for the straight investor because a market with a strong tourist industry will afford the investor with a long term investment strategy as well as possible exit strategies (thereby reducing risk).
Another reason that many investors are turning to Sicily is the expansion of low cost flights to the island, especially from the UK. Ryanair now has direct flights to Sicily from London Stansted. The improved transport links will raise the island’s profile and also increase tourism.
For more information on overseas property investment and to find out about Obelisk's latest projects, contact Obelisk free on 0808 160 0670 (UK) or 1800 932 514 (IRE).
Email: info@obeliskinternational.com or visit our website: http://www.obeliskinternational.com.
For press enquires, please contact Obelisk’s marketing department on (+34) 952 820 319 or email press@obeliskinternational.com.
Labels: development, foreign investment, property, real estate, sicily
posted by Owen Thomas at 4:31 pm
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