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5 bedrooms other for sale in Patu, Italy
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5 bedrooms other for sale in Patu, Italy

530 000€

Patù

Features

  • 370 m² surface area (3983 sqFt)
  • 4 bathrooms
  • 12 rooms
  • N/C
  • 5 bedrooms
  • DPEN/C

Investment Breakdown

Gross Yield:

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Time to pay off with rent:

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Expected Rent:

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Property description

Located in the historic center of the charming Salento village of Patù, this 19th century property offers a unique opportunity for renovation. With approximately 370 sq. m. of space, including an internal garden, courtyard, and a rare underground oil mill, this property has great potential. The property features two independent entrances and spreads over three floors. The ground floor includes four large rooms, a separate kitchen, a smaller room, and a rear garden. A staircase connects the floors, leading to the first floor with two main rooms and two smaller ones, one with an authentic fireplace. The highlight of the property is the detached underground oil mill in the courtyard, which adds to its historical charm. With a conservative renovation, the property could preserve its original features while enhancing its historical characteristics. Situated just 6 km from Santa Maria di Leuca, Patù is in close proximity to beautiful beaches, cliffs, and other amenities. The property's strategic location makes it an excellent choice as a prestigious private residence or as an investment for international rentals. The price of 530,000 is reflective of the property's unique features, historic charm, and potential for renovation. It offers a rare opportunity to own a piece of Salento's rich history and create a truly special living space.

Location

Patù

Date added: 16.10.2024

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