Country house for sale in Mileto, Vibo Valentia, Calabria, Italy

£385,002 (€450,000)
Interested in this property? Call +44 1865 366236 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Country house for sale - 8 bedrooms

8

Property features

  • Garden
  • Parking

Property description

Outstanding Value
Nestled in the very center of Mileto, Vibo Valentia, this remarkable property presents a lucrative investment opportunity. Just twenty-five kilometers from Tropea s renowned beaches, its strategic location offers a compelling blend of urban convenience and coastal allure, making it a savvy investment for discerning buyers.

Historical Charm with Modern Potential
The property, spanning approximately 2,000 square meters, features an impressive two-story palace. Dating back to the late 18th century with subsequent renovations, the building boasts a blend of historical charm and modern possibilities. While preserving its architectural heritage, it also presents ample opportunities for adaptive reuse to meet contemporary needs.

Spacious and Elegant Interiors
The first floor of the property accommodates two elegant apartments, independent yet connected, offering a total of approximately 500 square meters of living space. Additionally, two large terraces add another 250 square meters of outdoor area to enjoy the surrounding views. The interiors maintain their period charm, with some frescoed ceilings still in excellent condition. Ground floor includes about 1300 sqm of warehouses and two garages.

Renovation Potential
Although the structure is still in excellent condition considering its age, it requires significant renovation work. Necessary improvements include roof replacement, window fixture replacement, updating of heating systems, and the implementation of thermal insulation. However, in 2025 as in 2024, several tax incentives will still be available to significantly facilitate the renovation costs.

Ample Outdoor Space
The property boasts a courtyard with a well and approximately 1,100 square meters of buildable land. Currently variously planted, this land offers numerous development and customization possibilities.

Ideal for Multiple Uses
This property represents an extraordinary opportunity for those looking to combine residence, office, and perhaps even commercial activities under one roof. The vast buildable land opens up further prospects for anyone seeking additional space for entrepreneurial dreams or personal projects.

Don t Miss Out on this Lucrative Investment Opportunity! Contact us today for further information and to schedule a viewing.

Property info

Arrange Viewing

For more information about this property, please contact
Magnolia Property, OX44 on +44 1865 366236 * (local rate)

Contact Magnolia Property about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Magnolia Property, and do not constitute property particulars. Please contact Magnolia Property for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.