Palazzo Palmariggi - Historic Investment Opportunity
€962 per m²
💰 Save €200,000!
1300
Square Meters
5000
Land (m²)
1900
Year Built
Property Description
Located in Palmariggi, just a few kilometers from the pristine Adriatic coastline, this extraordinary palazzo spans two levels. This architectural gem from the early 1900s showcases exceptional construction quality, featuring authentic Salento-style vaulted ceilings throughout, complemented by elegant coffered ceilings on the first floor.
Key Features
Amenities
Location
Investment Potential
Potential Return
26% annual ROI with Mini PIA grant (5% property appreciation)
Investment Analysis
GREAT OPPORTUNITY! Total investment: €2,810,000 (€1,250,000 purchase - reduced from €1,450,000 + €1,560,000 restructuring at €1,200/sqm). Ideal for conversion into luxury boutique hotel with 20-30 rooms. Growing tourism market with potential €200-400/night room rates during peak season.
Suggested Use
Available Grants
Get detailed investment analysis and ROI projections
Interested in This Property?
Schedule a consultation with our investment team to discuss this opportunity and explore financing options, including available EU grants.