Archive for April, 2011

Valle Piola Gran Sasso medieval italian village for sale £485,000

Medieval village in Gran Sasso national park in Abruzzo for sale £485,000 /  Euros 555,000 / $800,000

italian restoration project

Valle Piola

The small abandoned mountain village of Valle Piola consists of a church, 11 stone delapidated stone houses and 2 farmers barns. Interesting proposal for the development of a boutique village/hotel.

View more photos here at Italian Property Valle Piola.

Estimated restoration fees at 1500euros/square metre would involve a development fund of at least 2 million+.

A similar business model has been developed at Santo Stefano di Sessanio and offers unique hotel accomodation in a medieval village. Meandering in the narrow village cobbled streets, history, luxury accomodation and restaurants around every corner. I visited Santo Stefano 4 years ago when it was in the stage of development. incredabile really that a mountain village can be refurbished and turn in a tourist destination. The weather here is great in summer with sun and fresh mountain air. In winter there are ski facilities nearby.

A similar business model is also been designed by the same architect of Santo Stefano in Salemi, Sicily. Here the ruins are for sale at 1 euro and registration for a property is open at Salemi.

In Italy there are many restoration properties available. You are advised to get a qualified surveyor and fixed price construction quotes for the restoration as many restoration projects heavily run over budget.

MIPC offers property restoration services in Sicily via our Italian construction firm.
Email MIPC for further details regarding any of the above projects.

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