Farmhouse in the hills above Ostuni second floor living area of 1500sqm at present divided into 25 rooms. The farm, although still working, is in the process of winding down activities. There is at present various livestock grazing on the land, which is composed of 35 hectares (approx 84 acres) of cultivatable land and 35 hectares of olives.
A masseria near the sea and Fasano, in an area with significant tourist interest including top masseria hotels and the new Savelletri golf course.
The main structure is habitable together with storage areas, constructed in stone in typical local style, with an area of around 800 sq m. In addition there are yards with stables and a below-ground area formely used for olive processing.
The land extends to around 22,000 sq m, part with olive trees and part used for market gardening.
Itria Valley,near Ostini
An unusual opportunity to invest in a 50% partnership with a local owner, to develop and promote an exciting new high class tourist complex, just kilometers from Ostuni, fast becoming the favourite destination of visitors to Puglia.
The development offers capital gains through property investment, plus income stream possible from the 2007 season.
The property consists of two masserias in 10 hectares of land, including further property units.