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As prices plummet in luxury markets around the world the Italian market continues to show growth.

Valuations in 2007 increased by 4 percent in metropolitan areas and Italy didn't experience the huge run-ups of Spain and the UK, making a steep drop less likely. And according to analysts, the risk of a downturn is considerably lower than in the 'price bubble markets'.

This is good news for investors. Italy remains a key market for international buyers and one in five property sales will be completed by a foreign buyer in 2008 according to recent analysis.

This is largely due to the advent of low cost airlines which has made southern regions like Puglia and Calabria much more accessible to a wider range of buyers.

The overseas property specialists, DSR, have a number of properties available in Calabria at entry level prices.

The Palm View is a small, low-level, low density boutique style development built on a slightly elevated position and only metres from the beach. Offering unparalleled sea views the development is sited to take advantage of the suns rays from dawn to dusk under a backdrop of snow covered mountains. The development contains 42 apartments clustered around four swimming pools and in lush garden surroundings and prices start at £80,500.

The Sands on the south eastern shores of Calabria overlook the Ionian Sea and the development sits within easy walking distance of restaurants, bars, gelaterias and the sea fronted promenade. Each of the spacious units has its own balcony or garden and will be fully furnished and finished to the highest standards. Prices start at £91,500.

The Apartments Milanese have been designed by a leading architect giving amazing views of the Ionian Sea. The development is 500 metres from the beach, 10 minutes walk from the town and shops, and 45 minutes from the airport. Prices start at £78,500.

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