The changing international property market situation has been advantageous for Italy, it has been suggested.

Commenting on the country, Property Abroad director Les Calvert argued the country is now benefitting from not being a market that has traditionally boomed.

He commented that the credit crunch has "exposed" some countries, "but in the case of Italy no news is good news and the fact that things are generally stable within the country during volatile times has made it even more attractive to lifestyle buyers".

The website pointed to a number of locations as up-and-coming destinations for Italy property buyers, such as Calabria and Abruzzo.

It said low prices, beaches and climate were all attractive aspects of Calabria.

Those thinking of buying Italy property may also be encouraged by news that the Organisation for Economic Co-operation and Development (OECD) has identified it as one of three countries, along with Britain and France, where there are strong economic indicators to suggest the downturn is losing momentum.

The body noted the signals from these countries were in contrast with those shown in other OECD member states.

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