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Low Cost 1 Bedroom & 1 Bathroom Italian Apartment Available

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Apartment/Flat Description

Location: Spoleto - Historic center
Spoleto is one of the most enchanting cities of art in Umbria, renowned for its "Festival dei Due Mondi" that has been livening the streets of the historic centre with international cultural and artistic events for over half a century in the summertime. The Pied a terre is located within the city walls of the historic centre, in one of the medieval streets that from the lower city leads to the centre. It is a few steps to San Gregorio square and to the main street of Corso Garibaldi, in one of the medieval alleys, once the location of the craftsmen workshops of the “Fornari”, “Focaioli” etc. The position is easily accessible, the quickroad leading to Perugia (58 km), Assisi (46 km)and Spello (34 km) is a ten minute drive. Rome is one and a quarter hour drive (130 km), while Florence is a two hour drive. From the apartment the railway station of Spoleto is one minute drive and less than a ten minute walk.
Description of buildings
The property is an independent portion with entrance directly from the street. It is set on two levels plus a basement room for a total net surface of 64 sqm (43 sqm of residential area plus 23 mq of the basement).
The ground floor consists of a single room hosting a living-room, a dining area and a kitchen. The living area is featured by a wide French window next to the entrance door, reminding of the typology of medieval workshops with their ground floors featured by a large opening by the entrance used to display and sell the goods.
A cast iron spiral staircase connects the ground floor to the first one composed of a large double bedroom and a bathroom with shower. The bedroom features high ceilings with beams and exposed tiles and is completed by a useable fireplace.
From the living area, a staircase with trapdoor leads to the basement that hosts a low ceiling room ideal as utility room, pantry or storage.
Condition
The apartment has been restored preserving the original materials, such as the old cotto tiles of the ceiling in the bedroom and the original planking of the ceiling in the living area with the large wooden beams. The floors are made of handmade cotto.
Facilities & utilities
The property is provided with: - mains water - electricity system - heating system
Usage and potential
It represents the ideal solution for those who want to make a small investment in one of the most beautiful historic towns in Umbria, as it is possible to live independently in the property, without any ties and condo fees. Perfect for holidays, week-ends as well as suitable to be weekly rented out to Italian and foreign tourists visiting Spoleto, very conveniently located and usually a starting point to visit the other towns of the central part f Italy. In case of interest in renting out the apartment, please click here to view a website that manages the rental of similar apartments in the centre of Spoleto and the related weekly rental rates.

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Approximate price of this 1-Bed Apartment
€110,000 EUR | 
£88,033 GBP | 
US$138,006 USD | 

(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 1015197 
Town Spoleto 
Region Provincia di Perugia 
Province Umbria 
Country Italy  
Type Apartment
Bathrooms
Bedrooms
Build Size 64 
Category Re-Sale  
Listed over 6 months ago
Looking at property as an investment? ...   Find out more >>

Property Characteristics

  • Setting:  Close To Schools
  • Setting:  Close To Shops
  • Setting:  Town
  • Condition:  Good

Map of Spoleto, Umbria, Italy


Real Estate Agent Listing this Property

Agent Casaitalia International
Listing Since 01 February 2011
Property Listings View all properties from this agent
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Towns located close to Spoleto, Italy

  • Castel Ritaldi   • Eggi


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Price: €110,000
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Purchase this Apartment/Flat in Spoleto for

€295p/m

(80% LTV, 4% Interest Rate, 25 years)

(Subject to status. Information given for guidance purposes only.)

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Price of Property in Spoleto, Italy

Property Type Min Price Max Price Median Price
(All prices in EUR) Spoleto Italy Spoleto Italy Spoleto Italy
Apartment/Flat 350 0 1,300,000 55,000,000 - 99,093
House/Villa 245,000 0 4,750,000 70,000,000 - 170,000
Business 700,000 0 700,000 55,000,000 - 550,000
Other 360,000 100,000 360,000 28,000,000 - 169,000
Prestige 2,600,000 0 2,600,000 35,000,000 - -

* Calculations based on 34 properties for sale in Spoleto and 5058 properties for sale in Italy




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