Jewel of the Sea is a 5 Star Resort, the only one of its kind in Calabria, located at the toe of Italy beside the town of Brancaleone Marina.
- 5* Beach front development
- Low rise, gated, community
- Prices from €84,000 (approx.£56,000)
- Rental income projected to exceed mortgage payments
- Capital Growth expected 25-30%
- 1 hour to ski resort
Built to the highest European specifications, with full government bonded guarantees, Jewel of the Sea is a frontline beach gated community with the full range of on-site modern facilities.
The Brancaleone site is very spectacular with each phase at
a different height giving clients great choice depending
on what they are looking for; from being right next to the
beach, to being high up with panoramic sea views.
Inside the resort there will be 900 units with a golf course,
and a commercial centre that will have a number of
facilities, such as a Fitness Centre, Spa, Massage Centre,
Salons, Hairdressers, Restaurants, Nanny Service and more.
Along with these there are tennis courts, Crazy Golf, an Aqua
Park, Golf Club house with a restaurant, bar and shuttle services.
There are two phases – the first with 1 and 2 Bed apartments and 3 Bed villas, secondly the stunning 1 and 2 bedroom beach front apartments and 4 townhouses..
The area has no high-rise developments and strict planning
laws avoid future over supply. Planning also dictates only
2.5 floors can be built, and so all of the penthouses come
with a solarium.
A rental management company will be in place for all property management. Ask for our investment proposal document.
80 - 100% mortgages are in place with a division of Barclays, currently offering a rate of 3.86%.
The resort is just
- 2 – 2.5 hours flying time away from London or Dublin
- 45 minutes drive from the international Reggio Calabria airport, and once the resort is completed, a proposed shuttle service will run between the resort and the airport. Air Malta are already advertising the route from Dublin to Reggio Calabria, and Air Malta also plan on opening a direct route from Reggio to London. Clients can also fly direct from London to Lamezia airport which is 1 ½ hrs from the site.
- 30 minutes drive up through the wonderful and breathtaking mountains brings you to the many mediaeval walled villages located there.
- The famous Aspromonte National Park and ski resort is just an hours drive away.
- There is an international golf course just half an hours drive away.
- Brancaleone just 2 km away has all the amenities, with a shopping centre, a modern medical centre, restaurants, banks, and elegant boutiques and everywhere the warmth of the famous Calabresi hospitality is found.
- The development is a partnership between a prominent Irish developer and an Italian developer.
So, for now, Calabria is still an emerging market, and is thus reflected by the low property prices.
Payment Plan:
€3000 reservation fee
50% on contract
50% on completion
Construction is due to start in June 2007 and will be complete in 2 years approx.
- All apartments have 100% bank guarantee as outlined by Italian law
- All of the apartments have a full 10 year warranty against any structural defects of the construction.
- Most of the units will have an unobstructed view to the sea.
- All apartment blocks will be low rise (just ground floor and first floor), every apartment has its own private entrance.
- Apartments are located in a secure gated community.
Currently Jewel of the Sea is one of, if not the fastest, selling resort in Europe.
Read more about the country of Italy here
Read more about the region of Calabria here
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Apartments from € 84,000
(approx £ 56,000)
Beachfront prices from €119,000
(approx £ 77,000)
Inspection trips available.
Click the image to see a full size
3D image of the resort.
Download a PDF of the resort layout
click here
Brancaleone Old Town
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