Historical Masseria from 18th century, partly restored, with sea view and large olive grove, to be developed with 10 to 20 bedrooms or more. Grants available
A historical Masseria to develop. Initial work includes new walls and foundations. 750sq.m of net floor area plus big extensions possible. To make impressive family residence or hospitality project. Regional grants available.
The property also boasts an olive grove of 5 hectares, with additional land available.
There are currently three apartments inside the walls that are ready to use.
This property was purchased some time ago in a state of ruin and has been partly restored. Regional grants were then approved for the entire restoration and the Masseria was granted a commercial license to be developed into an exclusive boutique hotel with anything from 8 to 18 ensuite bedrooms. This impressive Masseria is now for sale as the owner has developed extensive business overseas.
New walls of over 450 meters in length have been built around the property and the inside area is approximately 7,000sq.m. There are two entrances that pass through the olive grove to reach the main, eastern entrance.
Inside the wall is the traditional, two story Masseria building with sea view from the top. There are two separate wings, currently as separate 1-2 bedroom apartments and in addition a third apartment on the ground floor. The old farm rooms in the ground floor- for animals, storage and Masseria oil and farm production are suitable for conversion to residential units.
Two tower-like buildings represent the old days with falconry and planned to be converted to smart two residential units of two ensuite bedrooms. All project plans would be made available to the purchaser which means a great saving in time and cost as it can be relatively easy to reactivate and adopt the plans to the new owner's needs.
The floor area on the ground floor is 632sq.m and on the first floor 100sq.m, totaling 732sq.m.