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May 20, 2013 -- Updated August 10, 2012 13:37 HKT

Village for Sale in Italy


paul@livetradingnews.com
Posted on: Aug 10th, 2012

Valle Piola, Italy

Price: approx. US$800,000.00
Population: 0

Sheep farming in Italy’s Apennine mountains is all but gone, and with it the village of Valle Piola has been deserted for the past 30+ years.

It lies in the middle of Italy’s Gran Sasso National Park in the central Abruzzo region.

The settlement was first mentioned in records in Y 1059 and some of the houses have distinctively-shaped wooden balconies believed to have been influenced by Lombard invaders from Italy’s north.

Its new owner will get 11 semi-ruined stone buildings, including a Church dating to the 13th Century and a pair of shepherd’s houses, as well as lots of snow and wind in Winter and heat in the Summer.

Drawbacks including limited access, a dusty dirt road to the outside world. The region’s climate could make it ideal as a tourist establishment. So what’s the appeal for this fixer-upper in Italia?

The Italian Property Consultant suggests a possible future for Valle Piola as a resort destination, like the transformation of once-ruined Santo Stefano di Sessanio , where a similar plan has been put into action.











 

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Heffernan Capital Management
Linda Johnson,
Business Development Director – Private Client Group,
Sales@Heffcap.com

Singapore

3 Raffles Place #07-01
Bharat Building Singapore 048617
Tel: +65 6329 6408
Fax: +65 6329 9699

 Paul A. Ebeling, Jnr.

Paul A. Ebeling, Jnr. writes and publishes The Red Roadmaster’s Technical Report on the US Major Market Indices, a weekly, highly-regarded financial market letter, read by opinion makers, business leaders and organizations around the world.

Paul A. Ebeling, Jnr has studied the global financial and stock markets since 1984, following a successful business career that included investment banking, and market and business analysis. He is a specialist in equities/commodities, and an accomplished chart reader who advises technicians with regard to Major Indices Resistance/Support Levels.

 

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Posted by on Aug 10th, 2012and filed underConnoisseur's Club, Europe Real Estate News, Latest News, Lifestyles of the Rich and Famous, Property, Real Estate.You can follow any responses to this entry through theRSS 2.0You can skip to the end and leave a response. Pinging is currently not allowed.
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