Property for restoration in world-famous Barolo
THIS PROPERTY IS NOW SOLD.
The plan for this property was to restore it, making it into a five apartment home for rental and private living space. The project was never completed so is now being sold.
The house is located in the world-famous town of Barolo - surrounded by the vineyards that produce one of the very best wines in the world. It's on the edge of a small, quiet rural hamlet with beautiful views and in easy reach of the Barolo golf club and the main castle of Barolo.
There's a total of 3,900 sqm of land, a part of which can be replanted with Nebbiolo Barolo vineyards which would give around 1,500 bottles per year. There's ample place for a swimming pool and for private relaxing areas with world-class views.
The house is around 400 sqm over two floors. The roof has been replaced and all walls are bare apart from a kitchen and bathroom which are habitable. It's estimated that around 160,000 Euros is needed to complete the project (we can find recommend builders to complete the work).
The property has endless holiday vacation rental potential due to its very unique position. Five small apartments would fetch at least a total of €300 per night.
The price is excellent, especially as it's truly in the comune of Barolo.
Energy Classification: pending
Contact us about this property
Contact: Richard Edwards
Office: +39 0173 971405
Cel/Mobile: +39 346 1214077
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*Buyer's commission: fee of 3.66% (3%+22% VAT) of the purchase price is payable - see Buyer's Guide.
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# As details are provided by third parties Piemonte Property assume no responsibility for any statements that may be made in these particulars. The particulars do not form part of any contract and must not be relied upon as statements or representations of facts. These listings are subject to errors, omissions, change of price or withdrawal without notice.
# All photographs are the property of Richard A. Edwards - Piemonte Property - and cannot be used or copied without prior permission.