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BEAUTIFUL RESTORED MILL

A PRIME RENTAL INVESTMENT IN NORTHERN TUSCANY, ITALY

IPIN is pleased to offer members an interesting investment opportunity at The Old Mill in the heart of the Tuscan countryside, a stunning Italian restoration project.  As Italy’s second most popular domestic tourist region and with ever growing overseas visitor numbers, during peak season, this particular region of Tuscany can boast rental occupancy levels of up to 85% based on IPIN research.

The Old Mill, Bagni di Lucca (Units from only 100,900 EUR)

Think of holidays in Italy or read any Italian holiday brochure and one the of first locations that probably springs up is Tuscany and its charming lakes.  In fact, Tuscany is one of the most visited regions of Italy due to its stunning, authentic beauty and the opportunity to relax in a destination far removed from the usual sun, sand and sea holiday option.  The entire area is a magnet for both national and international tourists seeking a truly Italian destination and carefully selected properties such as The Old Mill (or Il Vecchio Mulino as it is known locally) offer excellent rental yield possibilities as a result.

These freehold units comprise a total of 45 charming studios, 1 and 2 bedroom apartments and duplexes, all enjoying surrounding communal gardens and swimming pool. The Old Mill is built to very high standards and includes air conditioning, while boasting typical Tuscan style features, with terracotta ceiling tiles, original stone walls and wooden beams being amongst its architectural features, while being protected under the “Belle Arte”, ensures all original features are fully restored.  The Mill sits in a tranquil spot on the banks of the River Lima and is surrounded by beautiful woodland, hills and winding streams. 

An Ideal Holiday Rental Location

The location is ideal for those seeking a peaceful retreat but within easy access of the airport at Pisa (45 kms) and a new road link to Lucca (23 kms).  As a thermal spa town, Bagni di Lucca offers residents all local amenities as well as tourist appeal and could not be better situated for buyers seeking a strong, reliable year-round tourist rental market to serve their investment.  The Mill even offers a marketing service to assist owners in renting their properties.

Tourists flock to this beautiful area of Tuscany to enjoy a wide variety of activities in addition to the town´s thermal waters.  More than 50% of the world´s artistic treasures are to be found in Italy, while half of these are actually located in Tuscany.  The beaches in and around Versilia, the ski resort at Abetone and the chic city of Pisa with its ‘Leaning Tower’, are all within 45 minutes drive of the Bagni di Lucca, adding to the great tourist appeal of the region.  Meanwhile, Pisa airport receives daily flights from the UK and Ireland and is currently undergoing expansion to cater for increased tourist numbers to Tuscany.

Restoration is underway at The Old Mill and completion is due within 12 to 18 months.  Due to the fact there are only 45 units available in such a highly sought after project, we advise members to act fast to secure their desired unit in this exclusive development.  We are sure that whether you seek an Italian holiday retreat for yourself or you intend to use your unit as a buy-to-let investment, you will find The Old Mill fulfills all expectations.

Next steps :

Click for more information FREE consultation Register Interest

or contact one of our IPIN Portfolio Advisors on
UK FREEPHONE 0800 047 0597 - Int. +34 952 198 657

 

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Invest in Andalucia’s Hottest Spot!

Tasa Costa Esuri Apartments from 187,000 EUR

IPIN is eager to inform members of an exciting opportunity tucked away in the south western corner of Spain. Only a hop away from Portugal, Costa Esuri is part of the Costa de la Luz which is currently tipped as one of Spain’s best investment locations; a true mini-emerging market quoted by the likes of The Times Online as offering capital growth of over 10% per annum. So Costa Esuri literally is the hottest spot - both in terms of annual sunshine in the whole of Europe AND in terms of annual capital growth in Andalucia

At Tasa Costa Esuri we have selected a superb investment opportunity for our IPIN members to enter this promising market.  To add to outstanding payment terms of only 10% deposit, with the next 10% payable in installments over 2 years with the balance on completion, property prices are at least 30% lower here than on Spain’s Costa del Sol and investment potential in the region shows huge promise as current trends swing towards the natural beauties of this stunning Atlantic region. 

The units

  • Units comprise one, two and three bedroom modern, Andalucian style apartments in three phases; “Manzana 1”, “Manzana 2” and “Manzana 4”.  They are well designed with high attention to quality, and maximise a feeling of light and space.
  • All apartments include fully fitted, modern design kitchens, air conditioning, video entry phones and fitted wardrobes.  Main bathrooms are fitted with Jacuzzi baths. 
  • Costa Esuri comes complete with all related on-site tourist facilities, including three luxury hotels, two 18-hole golf courses, shopping and leisure centers with gym, spa and swimming pools.  Tasa Costa Esuri itself also has its own two beautiful lagoon style swimming pools as well as a leisure area, snack bar, spa, gym, jacuzzi and sauna. 

IPIN recommends Tasa Costa Esuri because:

  • Excellent payment terms of 10% deposit, followed by 10% over 22 or 25 months, and 80% upon completion with finance packages available.
  • Prices start at only 187,000 EUR, meaning initial deposit payments starting from just 18,700 EUR (approx 12,700 GBP).
  • The development offers the prestige of a quality project as part of the large Costa Esuri resort, the most significant real estate development on the entire Costa de la Luz. 
  • Tasa Costa Esuri’s location within the resort is one of the best, and several blocks will enjoy views over the Guadiana River.
  • Excellent communications by air and road are an important aspect of any property investment.  Costa Esuri sits only 2 km from the motorway and 3 km from the Portuguese border.  Budget international air services to Faro (45 minutes) and Seville (90 minutes) make travel to and from the resort fast, affordable and hassle-free.

The growing Costa de la Luz:

  • Solid growth potential is clear as the entire area emerges as a top low-density tourist destination.  A healthy local and international tourism market in this area will contribute to the region’s future success. “Live In Spain”, an organisation backed by several leading Spanish developers, has forecasted over a five year period, spending on Spanish holiday homes will nearly double from approximately 25 billion EUR to 45 billion EUR by 2010.
  • Costa Esuri and the surrounding area is a golfer’s paradise, boasting some of the best golf courses in the Southwest of Spain, not to mention the famous Portuguese courses located just a stone’s throw away on the Algarve.  The average green fee on the Costa de la Luz is 40 euros compared to 82 euros on the Costa del Sol.
  • The location is breathtaking, in an area of immense, untouched natural beauty.  Unlike in certain areas of the Algarve and the Costa del Sol, planners in the Huelva province are keeping building low-density and beaches unspoilt; ideal for summer holidays away from the madding crowds.  The Coto Doñana, the largest natural park in Europe, is close by and offers endless opportunity for bird watching and outdoor activities for nature lovers. 

Andy Welland, International Sales Manager at IPIN, has visited the site along with his IPIN Portfolio Advisors, and highlights “Tasa Costa Esuri gives investors not only the potential of strong capital growth but also an opportunity to enjoy two very different locations within easy reach of one another. The resort is hemmed in by areas of outstanding natural beauty with unspoilt beaches and Natural Park, while the most popular beach and golf resorts on the Algarve are only 40 minutes drive away”.

IPIN believes Tasa Costa Esuri is a highly worthwhile investment for those wishing to buy into Spain, but who are unsure of the best location in terms of predicted growth and exit strategy.  Investors here will also benefit from a strong infrastructure and countless tourist amenities in no less than two countries.  Early investors in this outstanding development are set to see strong returns in the future.

Next steps :

Click for more information FREE consultation Register Interest

or contact one of our IPIN Portfolio Advisors on
UK FREEPHONE 0800 047 0597 - Int. +34 952 198 657

 

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