Italy ranked top retirement destination

By Romesh Navaratnarajah:Italy has emerged as one of the top destinations in the world for retirees, attracted to the country's ideal climate and efficient healthcare system, according to The Huffington Post and AARP (formerly the American Association of Retired Persons).

In fact, the World Health Organisation ranks Italy second globally in terms of healthcare, while the American Central Intelligence Agency's World Factbook places it 10th for life expectancy at 81.86 years.

Meanwhile, the AARP cited Le Marche as the best region in Italy to retire, with its stunning coastline and mountains.

Dawn Cavanagh-Hobbs, founder of family-run company Appassionata, said: "Bordering five other Italian regions as well as the Adriatic Sea, Le Marche is said to showcase all of Italy within one region. Unspoilt countryside, fantastic seafood and glorious sunshine abound."

Appassionata is offering fractional ownership of two unique homes at the Estate Giacomo Leopardi in Le Marche, catering especially for retirees. Buyers also get to enjoy produce from the vineyards, truffle orchard, olive groves and lavender plantation on the grounds.

"Fractional ownership means that we can offer our owners so much more – their share in the house comes with a swimming pool, all weather tennis court, spectacular landscaped gardens and breath-taking views, as well as a share in the estate's produce," said Michael Hobbs, Dawn's husband.

For the five-bedroom and five-bathroom Casa Leopardi, a one-tenth share is going at the special price of £175,000 (S$335,858). Fractional ownership entitles buyers exclusive access to the property and grounds for five full weeks per year at a fraction of the cost.For more information on real estate in Italy, go to: http://www.appassionata.com/ Romesh Navaratnarajah, Senior Editor of PropertyGuru, wrote this story. To contact him about this or other stories email romesh@allproperty.com.sg Related Stories: China faces huge task in rebuilding rural homes

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