(PRWEB) January 26, 2008
Property Frontiers are excited to announce the launch of Giardino Olivo. This traditional redevelopment of apartments set in the tranquil grounds of a 16th century manor house simultaneously offers stunning holiday homes and prime investment property in Italy.
Whilst second home buyers in Italy typically seek the renowned environs of Tuscany and Umbria, a new region is now hovering on the crest of the proverbial property wave. In the central area of the country, south east of Tuscany and north of Abruzzo and Lazio nestles Le Marche -- an understated Italian jewel. The mail appeal of Le Marche is that it remains relatively untouched and unspoilt by mass tourism. Its quaint Italian culture is still prominent and entirely endearing not least thanks to its capillary of cultural heritage dating back to Roman times. What is more, prices here are also 30% cheaper than the renowned Tuscany meaning property in Italy is still affordable.
The recent opening of several nearby airports has facilitated access to the region and as a result visitor numbers are steadily increasing. Indeed tourist arrivals, and in turn rental rates and property values are fast catching up with the levels of Le Marche's more illustrious neighbours and as a result forecast a bright investment future.
At the heart of 4 acres of rolling countryside sits Giardino Olivo, a charming collection of traditional Italian apartments in the grounds of the aristocratic Serafini's family manor. With outbuildings dating back to the 16th century the gardens are still peppered with a handful of original sculptures, souvenirs and emblems lacing the hamlet with a historic aura.
On completion this will be a luxurious gated community with tennis courts, a large swimming pool and beautifully landscaped gardens with olive groves offering a unique and peaceful retreat. Local craftsmen and architects will ensure that traditional materials are used so that buildings are finished in an apt regional style and to an exceptionally high standard. As such, the development reflects the ambience of the area and successfully combines traditional features with all the modern amenities you would expect from a luxury development. 2 and 3 bedroom apartments will enjoy broadband connectivity, Jacuzzi baths and air-conditioning to complete the perfect holiday home.
With only 15% of the purchase price due before completion (end 2008) and with yields of between 5%-8% net predicted, coupled with very high capital appreciation Giardino Olivo not only offers an enticing holiday home but a solid investment as well.