Friday 25 October 2013

Restored villa for investment Perugia Umbria for sale

In the centre of Monticello, an ancient village near the castle of Petroro, this former villa of approximately 750 sq. meters has recently undergone a major restoration, under the supervision of the Superintendent of the Monuments of Umbria, covering: re-roofing, replacement of internal and external fixtures, connection to the main sewers, water, electricity and gas.

The old building has undergone some internal division on the ground floor to create two small apartments and there is scope for the creation of further apartments on the upper floors. The property would be ideal for the creation of a bed & breakfast business or for use as self-catering holiday apartments.

The property is on for sale as a single entity or as separate apartments, according to the buyers preferences.

The price for the complete building in its current state is 320 000 euro, for which a 60% LTV (Loan to Value) mortgage is available.

The price for the 200 sq. metre 3rd floor apartment, after conversion, is 80 000 euro, for which a 60% LTV (Loan to Value) mortgage is available.

The price for the 200 sq. metre 2nd floor apartment, after conversion, is 130,000 euro, for which a 60% LTV (Loan to Value) mortgage is available.

The price for the 200 sq. metre 1st floor apartment, before conversion, is 110,000 euro, for which a 60% LTV (Loan to Value) mortgage is available.

The price for the 90 sq. metre ground floor apartment, after conversion, is 60,000 euro, for which a 60% LTV (Loan to Value) mortgage is available.

The price for the 100 sq. metre ground floor apartment, before conversion, is 35,000 euro, for which a 60% LTV (Loan to Value) mortgage is available if the mortgage includes the cost of works to complete.

More details can be found at: http://www.vistalagohomes.com/Property-Details.aspx?PropertyRef=1282OR

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