Located in the middle of the valley quite on the river, mills 4 and 5 constitute the most important property of the park and in fact it is the one chosen to create the reception, the lobby and the restaurant serving the eco-resort with 7 rooms which make it a small hotel. Located in the real estate registry on document number 371 of Ragusa Ibla parcel 45 sub 1 and parcels 173 and 144 for plot of lands to be parcelled out. Articulated on 2 bodies on different levels and connected by ancient stone stairways, both date back to 1500 and on the ancient walls are still visible the remakes resulting from the earthquake of 1693.
The project has already been approved as well as all the administrative and concession fees for which it is possible to begin work immediately for the construction of a reception-lobby with kitchen and restaurant on the ground floor of the first body, while two bedrooms will be built on the upper floor (for a total of 204 square meters). In the upper body there are 5 rooms on 2 levels with large terraces overlooking the valley for a total of 231 square meters (total project extension 435 square meters).
If these properties could interest buyers who want to use them on a personal level as well as making them income, mill 4 lends itself perfectly to being used as a main residence while in the upper body the 5 rooms can be used as income.
The terraces surrounding the property for an area of about 2500 square meters have vegetation that dates back to the period of the Arab fortified oases with numerous pomegranates, lotus trees, walnuts, olive trees, mulberries, pistachios and laurels.
The terraces that slope down to the center of the Valley are all connected to each other with a grid of dry stone walls and stone stairways while the terraces adjacent to the rooms and on the upper floors allow the creation of hanging gardens next to the suites with natural pools served by the ancient canalizations.
SELLING PRICE: € 380,000
The price includes the building, the land, the project already approved and the free maintenance of the land for one year from the date of purchase. In addition, future owners will have confidential rates available for one year at the Eremo della Giubiliana that they can use to follow the work on the property they have acquired.
RENOVATION COST (excluding systems, floors and finishes): € 240,000
ANNUAL REVENUE PREDICTION OF VILLA – MULINO 4/5 FOR 20 PAX IN WEEKLY STAY:
- 7 BEDROOMS + 7 BATHROOMS;
- 50% OCCUPATION FOR 5 MONTHS (APRIL, MAY, JUNE, SEPTEMBER, OCTOBER);
- 100% OCCUPATION DURING JULY AND AUGUST;
- GROSS INCOME € 286.000,00