Wednesday, 18.10.2017

Valle Piola Buy a Medieval Italian Village for €550,000

[16/05/11] 

The medieval Italian village of Valle Piola in the Gran Sasso national park, Abruzzo, is up for sale for €550,000. The village consists of a church, 11 dilapidated stone houses and two farmers’ barns, making it a perfect place to play hide and seek or stow away your mother-in-law safely out of ear-shot.

Despite the money that needs to be injected into the project, it represents immense value. For the same price you can get hold of about 600 square feet in Mid-Levels. Which begs the question – why on earth do we live here? Apparently it requires another €2 million to get it up to your mother-in-law’s uncompromising standards but once she’s gone you can turn it into a boutique hotel. Or a shrine.

In fact over in Santo Stefano di Sessanio, a similar project involving a cute hotel in a venerable Italian village has been a great success. You can stroll down cobbled streets, pick from a few sublime little restaurants, and generally play mayor. Forget a one up/one down in Stanley – head to Valle Piola and buy the whole village.

It’s money well spent.


Valle Piola
Price: €550,000
Website: www.mipc.co.uk
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.


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