Finding affordable homes near Italy’s Amalfi Coast
The 40-odd miles that make up Italy’s Amalfi Coast are some of the most spectacular in Europe. Its glitzy resorts such as Amalfi, Positano, Sorrento and Ravello attract the world’s rich and famous.
Little wonder that Kim Kardashian, Reese Witherspoon and Jamie Oliver are just some of the star names to have honeymooned here. Little wonder too that homes on the Amalfi Coast are among the most-sought after in Italy and indeed Europe.
This isn’t the place to come if you’re shopping on a budget, as many a real estate agent has had to tell over-optimistic foreign buyers.
However, one increasingly popular alternative to the pricey Amalfi Coast is the Cilento Coast, barely 50 miles to the south and reachable within little over an hour.
This 100-mile stretch of coastline runs from the Bay of Salerno in the north to the Bay of Policastro, some 100 miles or so to the south. In between are some charming seaside towns and villages such as Agropoli, Castellabate, Casal Velino, Palinuro and Maratea.
But the Cilento Coast also boasts other attractions that the Amalfi Coast can only envy – such as the Greek ruins of Paestum; the green beauty of the Cilento and Vallo di Diano National Park (like the Paestum ruins a Unesco World Heritage Site) and, of course, far more affordable real estate.
In Paestum, for instance a 50sq m flat can be picked up for around £80,000.
Paestum is home to the only well-preserved Greek temples north of Sicily. The city was founded nearly 2,800 years ago and much of its ancient three-mile long city walls still stand, along with their gates and towers.
In general, on the Cilento Coast you should budget around £50,000 for a one-bedroom apartment and £70,000 for two bedrooms – barely a fifth of what you would pay on the Amalfi Coast. Furthermore, a bit of shopping around can yield even better bargains.
For instance, in Sapri, expect to pay from around £60,000 for a two-bedroom home.
And in Agropoli, you can pick up a one-bedroom apartment for around £40,000. If you insist on a sea view, you should be able to find something suitable from around £50,000.
If you don’t mind a bit of a squeeze on space, in Marina di Camerota, towards the southern tip of the Cilento Coast, a studio flat can be picked up from just £30,000.
As ever, even bigger bargains can be had if you are happy taking on a property that may be habitable but needs some renovation. However, always bear in mind the costs associated with renovating a home in Italy.