Size of real estate:
Property: 1400 sq.m Land: 1500 sq.m
Location:
Tuscany
Pool:
Room to build
Old customs house, large villa in classic style with land and views.
This is a unique opportunity to buy a piece of Italian history. Before the unification of Italy in 1860, Lucca was its own city state and levied taxes on goods being transported across her borders. This old customs house is built to a pattern that you can see across Italy. There is a similar building on the Via Aurelia at the old border between Tuscany and Lazio.
The villa is in classic style with a large loggia out front. The ground floor has a high ceiling. The main disadvantage to the front of the building is a quiet country road with little traffic. This may provide an advantage where the road leads directly to the front door of this newly proposed hotel. The garden is a good piece of flat garden, on a promontory and with fabulous views down the valley and ample space for a large pool.
The building is in need of a total restoration. Hence the bargain price for what will restore into a beautiful large hotel (approximately 40 room). And once restored there are lots of uses to which this property could be put; a wonderful holiday hotel with pool complex. The possibilities are endless.
This house can be purchased with full title transfer. The property is offered as is with full title for 500,000Euro. Although this looks like a great property, it is in extremely poor condition and the restoration could cost Eu 2,000,000 and maybe even more!
I am selling 10 of 12 shares of the property. I am seeking investors and partners and trying to raise a total investment of 2,500,000 Euro (250,000 Euro per share). In addition to portion of the ownership, the owner/investor will also have 2 weeks of room and board for 2.
|