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Italian Apartment - Flat Available by Property Showrooms - Ref 491042

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Apartment/Flat Description

San Pietro in Bevagna is situated on the Ionion coast just off the main road between Taranto and Gallipoli and south of Manduria, 1 hour from Brindisi Airport. The town is small and still undeveloped, popular with Italian holidaymakers, the local amenities include restaurants, bars, supermarkets, banks, and seaside related activities.


2 bedrooms, 60sq.metres plus patio or roof terraces of 30sq.metres
Situated in a small undeveloped seaside village just 200m from a superb sandy beach
Phase 1 completion due Sept 2007. Phase 2 anticipated June/July 2008
Prices from 112,000 Euros
Personal Service
English speaking representatives on site to assist
Inspection trips
Finance available 80% LTV

The Development:


This is NOT an RTA, it is residential freehold.
The development is being built in 2 phases.
Phase 1: work in progress and due for completion September/October 2007.
Phase 2: building to commence September/October 2007 and due for completion June/July 2008.

Phase 1 consists of 32 units, 2 blocks facing each other of 16 apartments, 8 on each floor built in a row, each unit having independent front and back access. All units have a living space of 60m sq, a terrace of 30m sq, and an independent small garden with parking. They have 2 bedrooms, bathroom and living room with kitchen corner. The top floor units also have a roof terrace, all of which have sea views -- great for those evening barbeques.

Ground floor EUR 112,000: Only 2 apartments available

1st floor EUR 122,000: 7 apartments available.

Phase 2 consists of 24 apartments. They will be built to the same specification as Phase 1. There will be 12 ground and 12 1st floor apartments, built in a row.

Ground floor EUR 118,000
1st floor EUR 128,000

The apartments are being built one block back from the sea road, approximately 250 metres from the beaches. All houses in the area are maximum 2 floors and Puglia in general will not allow high rise buildings.

The development is in a U shape, the 2 sides being phase 1 and the bottom of the U being phase 2, the opening of the U faces towards the sea, each block is independent and there is approx 25m between the 2 blocks of phase 1.

Payment Schedules and Completion Dates:

Phase 1. Is due to be completed by the end of September 2007. Hence the required deposit for the remaining available apartments is 50% of the total selling price. Balance on completion.

Phase 2. Commences in September/October 2007 and the completion date is anticipated to be June/July 2008. Deposit is 35% of the total cost and the 65% balance on completion.

Bank guarantees are in place for deposits paid.

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Approximate price of this 2-Bed Unknown
€100,325 EUR | 
£80,290 GBP | 
US$125,868 USD | 

(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 491042 
Town Bevagna 
Region Provincia di Perugia 
Province Puglia 
Country Italy  
Type Apartment/Flat
Bathrooms
Bedrooms
Category Re-Sale  
Listed over 1 year ago
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Purchase this Apartment/Flat in Bevagna for

€269p/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 Bevagna, Italy

Property Type Min Price Max Price Median Price
(All prices in EUR) Bevagna Italy Bevagna Italy Bevagna Italy
House/Villa 1,150,000 0 1,150,000 70,000,000 - 170,000
Farmhouse 2,500,000 0 2,500,000 13,000,000 - -

* Calculations based on 2 properties for sale in Bevagna and 3429 properties for sale in Italy





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