Features

Location: Italy
Price: 5,200,000.00 USD
Acres: 1.50

Amenities:

Water
  • » Swimming Pool
  • » Waterview
Yard and Outdoors
  • » Terrace/Outdoor Space

Description


You can own this magnificent, fully-restored 15th Century Villa near Taormina, Sicily and the beaches of Giardini-Naxos.

The Villa is comprised of four separate rental units, each with its own private entrance and outdoor terrace. The units are rented for minimum weeekly stays, but are often rented for longer terms. The entire Villa rents for $7,000 per week.

The four suites - Gabriel (sleeps 6-8;7 rooms plus three full baths), Ariel (sleeps 2; 2 rooms plus full bath), Ezekial (sleeps 4-6; 4 rooms plus two full baths), and Cupid Quarters (sleeps 2; 2 rooms plus full bath), are all lavishly furnished with high-end furniture, art, and antiques.

Each unit is fully air-conditioned and contains all the necessary linens, dishes and cookware. Satellite TV and DVD/VCR's are located in each unit.

Rental rates for the four units range from $695-$3,590 depending on the unit and season. Annual revenue potential is $300,000 per year.

The Villa also contains a 3,000 square feet art gallery space at street level. This space can be maintained as a gallery or converted to a restaurant or rental commercial space to increase total revenues.

The Villa sits on 1.5 acre terraced lot on a tw0-lane county road only 12 miles from Taormina, the jewel of sicily and 10 miles from the pristine, white sandy beaches at Giardini-Naxos. The town of Gaggi is only a mile away and has all the conveniences of grocery, bank, gas station and pizzeria.

The land across from the Villa is part of a national park, with open fields where sheep and cattle often graze. Mt. Etna, Sicily's renowned volcano is in view as is the Mediterranean Sea from several terraces. The grounds are complemented by a sparkling pool and sun-bathing terrace. Mature olive trees produce 200 liters of extra virgin olive oil per year. Pick your own fruit from the myriad of fig, orange, lemon and tangerine trees

All of Sicily can be reached by car from the Villa's convenient location. Messina (car ferries to the mainland) and Catania (international airport) are each only 30 miles away. The famous ruins at Agrigento and Siracusa are a short drive. The north shore on the Tyrrenian Sea, with Palermo and Cefalu, can be reached in under three hours.
This is Sicily at its very best and most authentic. The climate, history, food and friendly people make it iresistible. This is your opportunity to own a landmark and operate an exciting hospitality business all in one.

Email: SLS7748@aol.com