Wednesday, November 29, 2006

A View of Italy from Ireland. Prepare to Fall in Love!

The ANNOTICO Report

 

A view of Italy from Ireland:

 

Take the very best that Ireland has to offer in terms of attractive countryside and coastal vistas. Now make them twice as attractive, stick a working medieval town or village on top of every hill, then throw in fabulous weather.  Now put in trains and buses that run regularly and on time. 

 

That's quite an accolade !!!!!

 

You'll Never Beat the Italians


It's difficult to visit Italy and not fall in love with it, and if your heart says 'yes yes yes',

then your head and your wallet will just have to agree

 

Belfast Telegraph

By Maurice Newman 
 29 November 2006

Right, there's no arguing with it. Don't even bother trying, it's a waste of time. You can't win. And here it is, the thing you can't refute - the Italians are the world's best show-offs.

It doesn't matter how many investment properties you own. The small fortunes you spend each year on Issey Miyake aftershave and Jean Paul Gaultier leather underwear are wasted. Got a fancy car? Forget it. No matter how much cash you've got, you'll never beat an Italian in the style stakes.

So if you can't beat them, what do you do?

That's right: You join them.

And if you're about to join the Italians, there's no point mucking about. Go straight to the top. Get into Tuscany.

Should you be in the lucky position of having sufficient funds to purchase an extravagantly expensive Tuscan home, stop reading now and get on with it.

So what's so marvellous about Tuscany then? Just about everything.

The food's indisputably good. Take the best Irish-based Italian restaurant you've ever eaten at, double it, and then half the bill.

The scenery's fabulous. Take the very best that Ireland has to offer in terms of attractive countryside and coastal vistas. Now make them twice as attractive, stick a working medieval town or village on top of every hill, then throw in fabulous weather.

Now put in trains and buses that run regularly and on time.

So you get the picture. Tuscany's brilliant, which is why it's so expensive to buy there. But - wait for it - there's a new opportunity available which will enable you to buy well-located, attractive Tuscan property at a reasonable price.

Simple Overseas Properties are a well established, reputable Irish company that have undertaken prestige property development all over Europe. They have recently targeted Italy and are making a big impact with their no-nonsense approach to intelligent property development.

It's not easy getting planning permission for larger scale projects in Italy. The Italians are, quite rightly, very proud of their beautiful countryside and the plethora of ancient buildings dotted around it.

Bagni di Lucca is, essentially, a cluster of tiny villages. The main village is "La Villa". It lies in a green valley at the foot of the Apennines, by the River Lima. It is a favourite holiday destination for Italian families. Pisa and Florence are in easy reach, as are skiing facilities at Abetone, and sunny, sandy Mediterranean beaches (all within an hour's drive).

The development here is called 'Blue River'. This is a disused 19th century paper mill on a picturesque riverside site. Its solid stone walls come from the very mountains which surround it. This region is famous for its marble and is renowned as the area from which Michaelangelo sourced the marble for some of his greatest works.

The most surprising news about this development is the price. It is possible to get a foothold on the Italian property market here from Euro 95,000 to Euro 275,000. These are local prices. There will be Italian holiday home buyers expressing interest in these units as well as Irish investors.

Nocchi is a small village built around the natural springs flowing from the surrounding mountains. It is very close to the town of Camaiore and a few minutes drive from the coast. The medieval village itself is deeply beautiful, with winding little streets and cosy bar/restaurants.

The development here is in refurbished estate workers' homes. There is also an antique olive press within the complex, and a stunningly attractive old chapel dating from around 1750. The wonderful frescoes here, although a little faded, retain their ability to inspire awe in those who visit.

Prices here are more in line with what we have come to expect in Italian property, ranging from 3,800 per square metre. The 14 apartments available here range in size from 60sqm to 220 sqm. It must be said, however, that while the prices are fair for the region, the convenience of the location of this development - and its sheer visual impact - cannot be overstated. This is a very special opportunity that really has to be seen to be fully appreciated.

 

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