Only 15% deposit required before project completion at the end of 2008
80% LTV mortgages available (subject to status) allowing cash investments from only £35k
15% deposit paid to FSA regulated company & protected by Italian Civil Code 1385
10-yr construction guarantee issued by developer (art 1669 of Italian civil code)
Boutique management company instructed to attract an elite crowd for cultural and experience based holidays
Set in stunning Le Marche, a prime growth region 30% undervalued compared with neighbouring Tuscany
Easily accessible, within 45 minute’s drive of three international airports
Yields of 5%-7% net of management costs with VCE management
Unique development of an Italian manor home refurbished to a luxury retreat
Traditional detailing including original doors and metallic balconies
All apartments enjoy balconies and large gardens
Giardino Olivo is a traditional redevelopment of a manor house that was constructed in the 16th century. The last building was completed in 1876 and the grounds still boast many of the original sculptures, souvenirs and emblems. Set in 4 hectares of land, the existing buildings are being refurbished to offer apartments and in addition, 3 new buildings to house 15 apartments are being constructed. When complete this will be a luxurious gated community with tennis courts, a large swimming pool and beautifully landscaped gardens with olive groves offering a unique, peaceful retreat in this stunning location. With a large amount of investor protection, a 10 year construction guarantee, only 15% deposit required and 80% LTV mortgages available subject to status in an area of very high growth, Giardino Olivo offers a very attractive investment opportunity
Location
The region of Le Marche (pronounced "Lay Markay") is located in the central area of Italy, with 180km of Adriatic coastline to the east. In comparison with Tuscany, the region is still undiscovered, although the recent opening of several airports has enabled the equally beautiful Le Marche to rapidly develop its tourism industry and property values are rapidly beginning to catch up with those of its more illustrious neighbour, Tuscany. The region is steeped in history with cities that are home to monuments dating back to the Roman times and medieval hilltop villages sprinkled throughout. It is also blessed with endless rolling green countryside plus fabulous beaches and amazing local gourmet food that varies from village to village.
Giardino Olivo is superbly located in the hamlet of Bargni on the outskirts of Serrungarina less than an hour’s drive from Rimini, Ancona and Forli airports and 90 minutes from Bologna. Within easy walking distance there are 3 local restaurants and a 5 minute drive will lead you to the town of Serrungarina with a variety of local shops. The coastal town of Fano is approximately 15 minutes drive away and is home to a marina and full range of shops, restaurants and bars.
Properties
In compliance with strict planning restrictions this upscale project reflects the ambience of the area with all new buildings constructed and finished in a traditional style. The developer has many years of experience in the area and is employing local craftsmen and architects to ensure the quality is exceptional and the detail in the finish surpasses expectations. Traditional materials will be used whenever possible, such as natural stone brick with plaster to give an ‘a frattazzo’ finish, terracotta tiles to the floors and locally made balconies to the exterior. Giardino Olivo combines traditional features with all the modern amenities that you would expect from a luxurious development such as broadband connectivity, Jacuzzi baths and individually controlled air conditioning to provide the perfect Italian home. |
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