Home > Overseas Property News

Bridging the gap



Country:  Italy

10 March 2009

The Italian government has revived plans to construct a controversial bridge linking mainland Italy with the island of Sicily.

President Silvio Berlusconi, reignited the idea to build the Messina bridge, whose centre span of 3.3km (two miles) would make it the longest in the world, when he was re-elected last year.
The idea was first conjured up in 2001, but abandoned by Italy’s former centre-left government a couple of years ago.

The programme to build the bridge, at a cost of around £16m, was announced last week, in a bid to generate new jobs and boost the economy. The bridge is expected to take between 5 and 10 years to construct.

Besides the bridge, it includes new urban rail networks, motorway expansion, prison and school construction, and a flood barrier system in Venice. 

Tourism in Sicily, buoyed by the introduction of a growing number of low-cost airlines, is currently growing at a rapid rate. This in turn has boosted demand for properties in Sicily to both buy and rent.
Some of the most popular places to currently buy property in Sicily include Taorimina, Catania, Palermo and Mount Etna.

Elsewhere, there are a number of emerging areas, such as Ragusa, Comiso Siracusa and Sciacca in the southeast of the island, where new motorways and an international airport are close to completion. It’s reportedly still possible to buy a small apartment from around £40,000 in these areas. Golf enthusiasts may be keen to learn that a nearby £120m hotel and golf resort is currently being constructed in the southeastern village of Verdura.


See Also:   Italy, Sicily


<< Previous News item
Within Italy
With tag "Italy"
Next News item >>
Within Italy


Some properties in Italy

Ref 3151492, Tuscany, Lucca, Italy

Ref 3151492, Tuscany, Lucca, Italy

Price: £4,806

Type: House

Bedrooms: 8

Lucca - just 3 km from the city walls - magnificent antique historical villa - perfect for relocation in Lucca.


Ref 3380634, Tuscany, Lucca, Italy

Ref 3380634, Tuscany, Lucca, Italy

Price: £5,800

Type: House

Bedrooms: 6

Lucca Hills: Historical Villa with views and swimming pool Guests: max.


Ref 2752220, New York State, Syracuse, Onondaga County, USA

Ref 2752220, New York State, Syracuse, Onondaga County, USA

Price: £7,333

Type: House

Bedrooms: 3

REF ADI16
Owner finance offered, you could own this house from as little as a $11,000 down payment
Term ten years, Interest Rate 10% per annum
EXCELLENT NORTH-SIDE LOCATION


Ref 2380632, Campania, Italy

Ref 2380632, Campania, Italy

Price: £7,375

Type: House

Ancient country house for sale in Abruzzo, precisely in Palmoli, ancient village in the inner land with breath taking views of the country sides.


Ref 3156545, Tuscany, Lucca, Italy

Ref 3156545, Tuscany, Lucca, Italy

Price: £7,872

Type: House

Bedrooms: 6

Holiday Home rental in Lucca: Exclusive private villa with annexe for rent near Lucca, in Tuscany.


Ref 2358701, New York State, Syracuse, USA

Ref 2358701, New York State, Syracuse, USA

Price: £12,185

Type: House

Bedrooms: 5

High yeild investment Gross Annual Income 44%, fully let five Bedroom House, Good Location, Sustained Rental Demand for this Property, Full Purchase & Management Service Provided, net annual return $5,726 / £3,578 / €4,090 29%


Ref 2380634, Campania, Italy

Ref 2380634, Campania, Italy

Price: £16,159

Type: House

Ancient country house for sale in Abruzzo, precisely in Palmoli, ancient village in the inner land with breath taking views of the country sides.


Ref 2884292, New York State, Syracuse, Onondaga County, USA

Ref 2884292, New York State, Syracuse, Onondaga County, USA

Price: £18,000

Type: House

Bedrooms: 5

Gross Annual Income 40%, fully let, Five bedroom house, Good Location, Sustained Rental Demand for this Property, Full Purchase & Management Service Provided, net annual return $7,120 / £4,746 / €5,274 26%


Ref 2877069, New York State, Syracuse, Onondaga County, USA

Ref 2877069, New York State, Syracuse, Onondaga County, USA

Price: £18,667

Type: House

Bedrooms: 4

Gross Annual Income 41%, Two apartment property, FULLY LET, Good Location, Sustained Rental Demand for this Property, Full Purchase & Management Service Provided, net annual return $7,360/£4,906/€5,451 26%


Ref 2380526, Molise, Italy

Ref 2380526, Molise, Italy

Price: £20,717

Type: Land

Bedrooms: 2

Property for sale in Abruzzo, precisely in ALTINO, small ancient town of the inner land in the mountain area close to the Abruzzo National Parks. This property requires renovations, including rebuilding the roof.


featured properties

Prices from: €250,000

Beds: 2 Baths: 2 - 1 ensuite

Kitchen + appliances, dining-room, sitting-room, garden front & back. Plans may be modified to suit your requirements.

More

Price: €120,000

Bedrooms: 2

Roccafluvione: Completely restored. Ideal for summer/winter vacations. Beautiful location in a quiet & sunny area.

More

Price: €520,000

Bedrooms: 3/4  Bathrooms: 2

Ascoli Piceno: Restored. Quite, private location. Terrazzo of approx 30sqm 0.4ha of beautifully landscaped land.

More

Price: €274,900

Bedrooms: 2

With beach facing sun terrace & private entrance. All white goods included. Leisure amenities free to residents.

More

Price: €230,000

Bedrooms: 2 Bathrooms 2

Contrada Ulmo, between Martina Franca & Ceglie Messapica. Restored. 1 ha land: DOC vinyard, olive/almond trees.

More

Price: £720,400

Bedrooms: 3

Borgo di Chioma: new semi-detached villas. Terracotta floor tiles, stone window sills and stairs, wooden ceiling beams.

More