It has been estimated that by the end of 2007, there will have been a 28.5 billion Euro increase in the real estate market in Italy over the last 6 years. Investors and second home owners are increasingly drawn to its laidback lifestyle, gorgeous scenery, budget flight routes and reasonable property prices.

Eddy Crompton, Director of RealPoint Property (www.realpointproperty.com) says, "The Italian property market is riding high and it is the new areas that are reaping the rewards. Sicily is one region that has perhaps been overlooked in recent years, but now it is coming to the fore and interest in this island, that is host to medieval villages, boasting a wealth of heritage and culture is starting to increase."

Two elegant new developments near Cefalu in Sicily have recently gone on the market with RealPoint Property. Mare Luna and Pollina Cefalu offer a selection of two and three bedroom apartments, close to the sandy beaches and Palermo airport and with fantastic onsite facilities including tennis courts and a swimming pool. Prices start from just £85,115 for a two bedroom apartment.

Why so cheap? Eddy explains, "The cost of living here is very competitive when compared to similar islands such as Crete. This development will provide an excellent holiday home but will also appeal to the investor who wants to get into a growing market with excellent potential for capital growth and a strong rental market."