dprovenzani
ANCIENT CASTLE IN NORTHERN ITALY, PERFECT FOR MAKE LUXURY HOTEL.
The castle is situated in the splendid area of the Langhe, famous for its wines (Barolo and Barbaresco) and the white truffle, northern Italy.
The style of the castle is typical of medieval fortresses in Italy.
The castle is an historic monument dating back to the twelfth century.
but there isn't liens on the property (for example, could be turned into a hotel).
The castle is fully restored and habitable.
The castle is on three floors high, to which we must add the attic and large wineries.
Rooms: at the Land Registry recorded 51 rooms, but the owner has turned in 36.
size of the castle: about 3000 square meters
size of the land (the park and courtyard) about 5000 square meters.
In addition to the castle, the property also includes 2 other houses
One house of the factor: to be restructured.
mq. 200 / 10 rooms, + 1 courtyard + meadows.
One house adjacent to the church: to be restructured.
mq. 200 + Garden
Price : 12 500 000 Euros.
The price includes all the property, including paintings and antique furnishings. (over 3,000 pieces of high value).
Investing only 1.500.000 Euros, i can provide to transform it in a luxury hotel, with project, permissions, some little modIfications, and restructuration of 2 external houses to obtain wellness and fitness center.
Total investment : 14.000.000 Euros.
At this point, the property can be rented to an international hotel chain, with net 10% annual income, or re-selled at least at 19.000.000 Euros, due to the unique property, with historical value and many hystorical furnitures and paintings.
write me for more info
dprovenzani@tin.it
Ph 00393453214832
fax 0039051571388