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Martina Franca
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Thank you for providing the property description. Based on this information, here's an estimate of the property's value for real estate investment and lifestyle purchase: Property Overview: The property is located at Martina Franca, Italy, and offers a rustic farmhouse of 453 Sq. Mt with 5 rooms, separate kitchen, 3 bedrooms, and 2 bathrooms. Investment Perspective: 1. Price: The asking price for the property is 995,000 Euros, which is quite high compared to the average property prices in the area. However, it is also worth noting that Martina Franca is a popular destination for both local and international tourists, which could increase the rental demand and potentially yield higher returns on investment. 2. Amenities and Features: The property has 5 rooms, a separate kitchen, 3 bedrooms, and 2 bathrooms. While the main house may already have the basics covered, it may require some customization to cater to the needs of potential tenants or buyers. 3. Location: Martina Franca is a historic town situated in the Puglia region of Italy. Its proximity to popular attractions, beaches, and cultural sites could attract tourists and potential buyers. Meanwhile, its inland location makes it a great option for those looking to explore the local culture and history. 4. Energetic Class & Epi: The property has an energetic class of G and an EPI of 175 kwh/m2 year. While it's relatively efficient for a property built with modern materials, some eco-conscious buyers may look for properties with even lower energy consumption. 5. Pros as a rental investment: The property's location in a historical town with popular tourist attractions could attract short-term rentals, while the spacious interior and serene setting could cater to long-term rentals or holiday home markets. 6. Cons as a rental investment: The high asking price might produce lower returns on investment, and the limited supply of potential tenants or buyers could result in longer vacancy periods. Additionally, a more modern design or upgraded amenities might be preferred by some buyers in the competitive rental market of Martina Franca Lifestyle Purchase Perspective: 1. Property Description: Buying this rustic farmhouse would offer a unique opportunity to live in a historic town while enjoying the privacy and comfort of your own home. The layout and amenities cater to improved indoor comfort and outdoor living. 2. Location: As mentioned before, Martina Franca is close to popular tourist destinations and beaches, making it an excellent choice for those who enjoy exploring local culture and history. The town's peaceful atmosphere and proximity to nature are ideal for those looking for a quiet escape. 3. Pros for lifestyle buyers: The property's unique charm and historic setting would attract buyers who appreciate character and authenticity. The modern renovation ensures a comfortable living environment, while the spacious rooms and outdoor areas offer ample space for relaxation and entertaining. 4. Cons for lifestyle buyers: The property might not appeal to buyers looking for a modern, minimalist design, and the relatively high asking price and maintenance costs could be a deterrent. Additionally, the property's location might not be ideal for those seeking urban conveniences or easy access to international airports and major transportation hubs. In conclusion, while the manually described property presents promising features for both real estate investment and lifestyle purchase, the asking price, limited amenities, and competition from
Martina Franca