Basilicata Property
As yet, overseas buyers have not been attrcted to Basilicata property in any significant numbers, and the area remains largely unknown. Like many rural regions, the local people have been moving out for decades, abandoning their rural property in Basilicata. Lying between Puglia to the north and Calabria to the south, Basilicata has no major cities, though Matera, with its extraordinary cave dwellings, is possibly its best known town.
Being one of the poorer parts of Italy, the lack of development means it's one of the most unspoilt regions in the country so prices of Basilicata properties for sale are low. Those looking to buy Basilicata property in a remote rural area and renovate it will find plenty of potential.
As a large part of the region is designated as National Park land, and with a mainly agricultural economy, owning property in Basilicata should appeal to anyone who prefers a rustic way of life and natural beauty. There are mountains and countryside, farmland and a couple of small coasts – the area around Maratea, on the Tyrrhenian Sea in the southwest has been likened to the Amalfi Coast, but Basilicata property for sale here is a fraction of the price of those on that renowned tourist hotspot.
There is little short-term gain to be made by buying Basilicata property, but the rural charm of the region may provide a bargain home for the more intrepid overseas property buyer.
The Homes Overseas Guide to Buying Property in Italy has advice on the legal and financial aspects of buying Basilicata property, plus overviews and information on the process for buying property in Basilicata.
Some information contained herein may have changed since it was first published. Homes Overseas strongly advises you to seek current legal and/or financial advise from a qualified professional.
