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Ostuni Ref: 4986

€ 160,000
Ostuni, Puglia
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A great opportunity to acquire a substantial property which is in need of modernisation, sitting in just under 4 acres of land and located just 5km south of Ostuni.

The farmhouse consists of a stone building of 135m2 with external stairs which lead to a full-sized roof terrace with views over the olive grove and the valley right to the “White City” of Ostuni. The main building was prepared in 2 separate parts and partly refurbished in 2010, although it can easily be turned into a single dwelling with 3 bedrooms and a bathroom. There are storage areas on either side of the building which could possibly be converted into further additional residential accommodation (subject to planning permission). It would be possible to instal a roof summer kitchen on the large roof terrace, a sundeck and even a heated jacuzzi.

Externally the property sits in 1.6 hectares (about 3.95 acres) of land with an olive grove of 240 trees for the creation of olive oil as well as vines and numerous fruit trees. From the access road a small lane leads to the property, with two separate drive-ins in case you wanted to create two private residential units.

The property is connected to mains electricity and has its own artesian well for unlimited water supply as well as two large cisterns holding 35 and 120 m3 of water, respectively for water for the building and for irrigation. There is a septic tank which should be replaced with a modern Imhoff system. There is also ample room to instal a swimming pool if desired.

This is a spacious property, which with some development could create a sizeable property, located just 10 minutes from Ostuni, some 20 minutes from the Adriatic beaches and 40 minutes from Brindisi airport.

Excellent investment.

 

Price 160.000 Euros

Casa Travella Ltd.

City:
Area:
Zip: 72017
Country: Italy
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Property Id : 35188
Price: € 160,000
Bedrooms: 3
Bathrooms: 1
Custom ID: 4986
fireplace
Roof Deck
outside space
private parking
olive trees
close to amenities
garden
land
renovation project
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