more free news and information

Calabria one of 2007's international property hotspots says International Living Magazine

International Living magazine, a leading resource for helping people live, travel, and prosper overseas, has released its first annual forecast of the hottest international real estate markets.

"The price of real estate generally goes up in line with inflation. But in some pockets of the world, real estate will appreciate at a much faster rate," says International Living's Leif Simon, in the report. "These are usually destinations with unique, good value, limited inventory. Beach, for example, or old - truly old - city centres. The less there is of something, the better for whoever owns it."

The markets International Living is watching for 2007 are:

"Montenegro - A hidden yet spectacular Adriatic gem. Lapped by a glittering sea of translucent aquamarine, this is one of the loveliest countries in Europe - and one of the most forgotten."

"Cartagena, Colombia - A walled city in "The Forgotten Caribbean". White-sand beaches, world-class diving and snorkelling, and an ancient walled city crammed full of faithfully restored and well-maintained examples of Spanish colonial architecture."

"Malaysia - This is Southeast Asia's top retirement haven, which provides a Western-type lifestyle. This underrated destination is also under-priced"

"Calabria, Italy - A hidden, sun-kissed corner of Europe, it is encircled by clear silver-blue sea on three sides. Despite the region's obvious allure, almost nobody knows about it."

"Ciudad Vieja, Uruguay - One of the world's top 10 cheapest cities and still undiscovered. The real estate in this city began a renaissance back around 1995, and began to really hit its stride in 2004. The property market in this area is definitely on the move."

"Honduras Cloud Forest - A mystical cloud forest-hidden in a tropical mountain paradise. In addition to the natural beauty, these mountain forests are just minutes from a charming beachside town with an international airport."

"Mexico's Flamingo Coast - Dozens of quaint little beach towns, side-by- side. The Flamingo Cost offers warm weather, friendly locals, a safe atmosphere, and great food; what's more, the maddening crowds have not yet arrived."

International Living has an established track record of predicting which international real estate markets are ready to increase in value.

James Espin
Marketing Director
Overseas Property UK
15th February 2007