Investing and living in the region of Salento
Salento is imposing itself as the ideal destination for real estate investments.
“The real estate market of Salento offers great investment opportunities, both in the hinterland and on the coast” – explains Antonio Magurano, the person responsible for Studio Magurano-Meridionale Fondiaria Maglie Agency (real estate and credit brokerage agency) – “Thanks to its geographical position and its historical/cultural characteristics, Salento offers a wide range of real estate solutions: residential properties, tourist dwellings (houses in the countryside or by the sea), ancient buildings with cross vaults or barrel vaults, stone buildings (pajare), manor houses and old cottages (often renovated and transformed into residences and/or accommodation facilities). Most buildings are surrounded by expanses of age-old olive groves.”
In the latest years, Salento has attracted the interest of Italian and overseas investors, who are allowed to buy real estate properties without particular restrictions. “Real estate purchase solutions are truly numerous – says Dr Magurano – It is possible to buy apartments under construction, or houses in need of renovation to use them as short-stay residences; it is possible to purchase old cottages, ancient country dwellings, or manor houses to use them as residence or holiday accomodation facilities (or both), or a villa by the sea and/or in the countryside.”
The tourist sector gives a fundamental contribution to the economy of Salento. The amazing views offered by the cliffs od the Adriatic coast, the superb white sandy beaches of the Ionian Coast, the charming countryside with its olive groves and vineyards, the ancient folk traditions and the fascinating culture make Salento a region that deserves to be “lived”.
Skillful craftsmen build houses and real estate properties following ancient building techniques, with materials produced on the spot.
Salento is a lively and welcoming region that welcomes a wide community of citizens coming from foreign countries. Just as Salento is open to international contacts, the real estate market of the region is open to foreign investments. “The future of Salento – specifies Antonio Magurano – is in the hands of the real estate market, but in order to guarantee the success of the real estate sector, it is important that agencies cooperate and support customers, Italian and non-Italian buyers, all along the transaction, from the research of the real estate property until the transfer contract. The possibility to assist the customer during the bureaucratic procedure, in the research of the most appropriate
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