Property Description:

Located in the further east side of the valley and in a dominant position, this beautiful property is an ancient farm with a main building divided into two floors for a total of 140 sqm. Located in the real estate registry on document number 372 parcel 26 and parcels 25 and 265 for the plot of lands to be parcelled out. Located on the ground floor there were the rooms used as fire house, barns and stables. On the upper floor there was the owner’s home. The project foresees the realisation of a terrace on the south-west side with an amazing view on the valley.

Entirely exposed to the south, the stone made building of the early 1800s overlooks on a stone paved courtyard and it is surronded by terracing with wonderful centuries-old olive trees, carob trees, pomegranate. Terracing are supported by dry stone walls and connected with stone stairs, the land that surronds the entire building has an area of about 1500 sqm.

SELLING PRICE: € 240.000

The price includes the building, the land, the project (excluding administrative and concession fees) 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): € 120.000

ANNUAL REVENUE PREDICTION OF VILLA – MULINO 8 FOR 8 PAX IN WEEKLY STAY:

  • 3 BEDROOMS + 3 BATHROOMS;
  • 50% OCCUPATION FOR 5 MONTHS (APRIL, MAY, JUNE, SEPTEMBER, OCTOBER);
  • 100% OCCUPATION DURING JULY AND AUGUST;
  • GROSS INCOME € 112.000,00