Villa Grande

A substantial property, providing living and working space, car parking, and a source of regular income.

The main property is a large house in a valley village, currently divided into three self contained apartments, with various gardens, balconies and terraces (see below for details). The road-side ground floor is currently arranged as 2 self contained commercial units currently rented out. Attached to this main house is a new extension, not fully completed, providing a further 85 sq m of self contained living accommodation. There are also three garages at the side and a parking area..

Behind the main house is a further house, consisting of a self-contained apartment with two cantine and a small garden. There are also a couple of garages and a very small outbuilding, both currently let.

Income from the rental of the road-facing ground floor (a bar and a post office, both let until 2008) and the three garages is around 750 euro per month. Income from the outbuilding is negligible. As a guide, rental of one apartment (usually for a period of four years) on the local residential market would provide a further 350 euro per month, thus generating a total of around 1100 euro per month on a regular basis.

The primary apartment of the main house, which has its own private front and back entrances and a private terrace and garden, is modern and in very good condition. There is a kitchen, dining room, a large through living room, and a bathroom with bath, all on the ground floor. Upstairs there is one double and one single bedroom with a small balcony, and a further shower room. On the first floor is the second apartment, with access separate from the primary apartment, consisting of a kitchen, bathroom with bath, a living room, bedroom, small balcony, and two double bedrooms. The floors are mainly old cotto, and there are beams under the ceiling plaster. On the second floor is the third apartment, currently totally empty, with a room as a kitchen with fireplace, a bathroom, and four further rooms which would provide either living room and three bedrooms or dining room, living room and two double bedrooms. This apartment also has access to the attic which is suitable for storage. There is a small roof-terrace between the two upper apartments, and also some garden areas.

The new (unfinished) extension is fully self contained, has one room on the ground floor, and a further three rooms and bathroom on the first floor. There is also a roof terrace. The three garages and car parking area are adjacent to this.

The apartment in the house at the back, currently totally empty, has a room as a kitchen, a bathroom, and four/five further rooms which can be arranged as living/sleeping accommodation as required. Access is private, via stone steps, and there is a small garden area adjacent. There is also a small outbuilding.

The property offers considerable flexible space, which could be used for residential and/or workshop/office use. All the apartments have access to oil for heating, from a communal tank that can be metered for each apartment if required. Car access is excellent as the property is on the main SS12 road. Those interested should be aware that there is a small paperworks opposite, which means that providing ‘holiday B&B’ accommodation is probably not feasible. Rental of all the apartments on the local market should be possible, so the property could provide an excellent base for someone wanting to relocate to Italy, bring, or start-up their own business, while benefiting from a modest income whilst doing so.

Price 450,000 Euro - About £365,000 UK Sterling for complete building.

The owner is willing to also consider selling the property in parts as follows:

Main apartment
Second apartment
Top apartment
Unfinished large apartment
Detached building with private garden
Small shop (currently let as Post Office)
Bar (currently let)

Please contact us if you require further details.