Property Details

Italy - Campania, Salerno, Agropoli

Bedrooms4 Bathrooms4 Reception rooms2

Collective-ownership opportunity
Beautifully renovated 300 year old farmhouse
Fully furnished with stunning interiors
4 ensuite bedrooms
Large infinity swimming pool
Well-kept gardens with olive grove & grape vines
2km from local shops & restaurants
6km from the beach and marina
Use of a private luxury yacht


This luxury farmhouse has been beautifully restored and completed with a sumptuous interior. The well-kept gardens include an infinity swimming pool and jacuzzi, olive grove and grape vines. The shops and restaurants are just 2km away, and the beach and marina a 6km drive.

This property would attract offers in the region of £1.2mill, however, the farmhouse is being offered as a collective-ownership initiative for £120,000 with a maximum of 10 buyers. You can find lots of details for the farmhouse below, but first, here is an overview of the purchasing arrangement.

Collective-ownership is a model of property ownership, similar to the traditional ‘share-of-freehold’ practice in the UK. However, collective-ownership is designed specifically for people looking for a second home, a large property to enjoy holidays with family and friends, or some quiet time away from it all.

In a traditional ‘share-of-freehold’ arrangement owners occupy, on a year-round basis, a property, such as an apartment, in a building that is co-owned with the other freeholders. By adapting this ownership model, shareholders collectively own a property and each shareholder occupies the entire property for a number of weeks each year.

The concept allows owners to enjoy all the upsides of owning a large luxury property with plenty of space for extended family and friends, without having to pay the £1.2mill price tag for the property or have the responsibility of all the year-round costs of maintenance and service.

This buying model should not be confused with a time-share arrangement because once the investment is made, the purchaser has an owned asset and, as with any bricks and mortar investment, those shares are a generational asset that can be sold or passed on to family members. You can also keep your personal belongings such as photos, furniture, clothes etc at the property. A bespoke management system ensures your personal belongings will be arranged for you on each visit as part of the preparations and cleaning prior to your arrival. On departure, all your belonging will be safely returned for storage.

The number of weeks used by each shareholder is dependent on the number of shares owned. The entry point is a £120,000 investment for a 10% share which offers 5 weeks occupancy each year. A 20% share would give 10 weeks occupancy etc etc. The weeks, split into two and one week blocks, run on a 10 year rotational basis. If an owner doesn’t want to use an allocated week, it can be rented out to generate an income.

We have more information on collective-ownership freely available and we would be very happy to talk through the details and answer any questions you may have. Please just send us an email or give us a call and we would be happy to discuss in full.

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The farmhouse


The character of this 300 year old building has been beautifully preserved and as you explore the farmhouse you get a real sense of the rich history of the building and the surrounding landscape.

Extensive renovation work was needed to bring this building back to its former glory and through painstakingly hard work, beautiful materials and the skill of master craftsmen the owners have created a home that is very special indeed.

The accommodation at the farmhouse includes 4 en-suite, air-conditioned bedrooms, a large, spacious sitting/cinema room, a state-of-the-art kitchen and a dining room designed with grand Italian feasts in mind.

Outside there is a 150m2 sun terrace with stunning countryside views and an infinity pool. The grounds cover 18 acres and include Amalfi lemon trees, grape vines pomegranate almond trees and, of course, who could forget the ancient olive trees that are so evocative of the Italian landscape.

Back inside the farmhouse, the flooring is fitted with cool tiles, natural wood floors and luxuriant wool rugs. The furniture, furnishings and technology used throughout are top of the range and complete the luxurious accommodation. The farmhouse doors open out onto the terrace which has stunning views out across the rolling countryside.


The Yacht


As part of the collective ownership package, owners are entitled to use the fully captained and crewed Rizzardi 50 Top Line motor yacht, moored just down the road at Marina D’Arechi. It is licensed for up to 12 guests and you can cruise at your leisure for up to 50 nautical miles per week.

The Local Area


Although the hustle and bustle of the Amalfi coast is just a few miles away, if you’re looking for a sense of space, peace and tranquility this area is hard to beat. Much of the area is covered by the Cilento National Park, the third largest in Italy. There is a 100km coastline and a wild, mountainous interior sprinkled with traditional Italian villages - there’s plenty to explore. You could spend your days lounging by the sea, swimming in the famously clear water, dining at lovely waterfront restaurants and wandering round charming fishing villages. There are of course the famous historical sites of Cilento which are a must-see.

The Cilento area is where ordinary Neapolitans escape to in the summer and it is still largely off the tourist radar. So while the tourist hordes make a beeline for Amalfi, the summer here is far more civilised.

From the harbour you are only a few nautical miles from the Amalfi Coast and the beautiful island of Capri. A day trip aboard the yacht Pinelli for lunch on Capri and then to leisurely cruise back to port seeing Positano, Amalfi and the coast is highly recommended.

Bedrooms: 4
Receptions: 2
Bathrooms: 4
Habitable space: 220m2
Plot size: 9 acres
Heating: 2 Log-burners and warm air conditioning units
Air-conditioning: in the bedrooms
Superfast wi-fi available
Distance to shops: 2km
Distance to the coast: 6km
Distance to airport: Naples, 90mins

 

Please note:  All sizes are approximate. British Owned Property Abroad has made every effort to ensure that the details and photographs of this property are accurate and in no way misleading.  However, this information does not form part of a contract and no warranties are either given or implied.


For sale

Ref #: 536

Agropoli
Β£120,000 Freehold

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Features

    Fireplace / log burner, Open plan living space & kitchen, En suite, Furniture included, Air Conditioning, Terrace, Garden, In-ground Swimming Pool, No near neighbours, Land of 5+ acres, Shops/amenities a bike ride away, Lively market town nearby, Coast within 30mins, Cycling/riding nearby, Close to the water, Golf course nearby, Fishing nearby

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Under the Property Misdescription Act 1991 we endeavour to make our sales details accurate and reliable but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer of contract. The seller does not make any representations to give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers. Under the Estate Agency Act 1991 you will be required to give us financial information in order to verify you financial position before we can recommend any offer to the vendor.

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