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Plot Dispenza Sea-view Buildable Land in Sicily's Madonie Natural Park, with Consent to Build Multiple Homes or a Holiday Village A beautiful stretch of sea-view land on the hillsides of northern Sicily, Plot Dispenza offers nearly two hectares of meadow and olive trees, bursting with potential
Collesano, Palermo, Italy
REF: 848571
€130,000
Description
Plot Dispenza Sea-view Buildable Land in Sicily's Madonie Natural Park, with Consent to Build Multiple Homes or a Holiday Village A beautiful stretch of sea-view land on the hillsides of northern Sicily, Plot Dispenza offers nearly two hectares of meadow and olive trees, bursting with potential. The plot is beautiful and the location scenic, but the real key asset here is the fact that it has been classed as Zone C 'buildable' land. In contrast to most land which becomes available to the international market, this allows for a far larger-scale development project. Ready to develop, with permission to build On 'Zone C' land it is permitted to build 0.1m3 of habitable structure for every m2 of ground space. In the case of Plot Dispenza that translates to 600m2 of housing or accommodation. This is enough to build a medium-sized holiday village or glamping resort for tourists, a residential complex suitable for timeshare or second homes, or simply four or five detached villas, depending on the scale of each. Of course, it would also be possible to build a single structure, a really vast luxury home. But from an investment standpoint the best returns are likely to come from dividing the land. Five kilometres from the beach, in the foothills of a stunning Natural Park The site is directly adjacent to the SP9 road which runs downhill from Collesano, on the lower slopes of the picturesque Madonie Natural Park, to Campofelice di Roccella on the Tyrrhenian Sea. With the iconic beach town of Cefal less than half an hour to the east, and the international airport at Palermo just an hour to the west, the location is a perfect one. Collesano is an extremely popular destination with the international market, and even in this out-of-town district we have recently helped buyers from Austria, Germany and the USA buy villas and land in the immediate neighbourhood. It is a wonderful, open-minded community where the best of traditional Sicilian heritage blends seamlessly with new arrivals from all corners of the world. If you are ready to take on a challenge, Plot Dispenza is incredibly rich in potential. Don't miss the full listing on our site.
Plot Dispenza Sea-view Buildable Land in Sicily's Madonie Natural Park, with Consent to Build Multiple Homes or a Holiday Village A beautiful stretch of sea-view land on the hillsides of northern Sicily, Plot Dispenza offers nearly two hectares of meadow and olive trees, bursting with potential. The plot is beautiful and the location scenic, but the real key asset here is the fact that it has been classed as Zone C 'buildable' land. In contrast to most land which becomes available to the international market, this allows for a far larger-scale development project. Ready to develop, with permission to build On 'Zone C' land it is permitted to build 0.1m3 of habitable structure for every m2 of ground space. In the case of Plot Dispenza that translates to 600m2 of housing or accommodation. This is enough to build a medium-sized holiday village or glamping resort for tourists, a residential complex suitable for timeshare or second homes, or simply four or five detached villas, depending on the scale of each. Of course, it would also be possible to build a single structure, a really vast luxury home. But from an investment standpoint the best returns are likely to come from dividing the land. Five kilometres from the beach, in the foothills of a stunning Natural Park The site is directly adjacent to the SP9 road which runs downhill from Collesano, on the lower slopes of the picturesque Madonie Natural Park, to Campofelice di Roccella on the Tyrrhenian Sea. With the iconic beach town of Cefal less than half an hour to the east, and the international airport at Palermo just an hour to the west, the location is a perfect one. Collesano is an extremely popular destination with the international market, and even in this out-of-town district we have recently helped buyers from Austria, Germany and the USA buy villas and land in the immediate neighbourhood. It is a wonderful, open-minded community where the best of traditional Sicilian heritage blends seamlessly with new arrivals from all corners of the world. If you are ready to take on a challenge, Plot Dispenza is incredibly rich in potential. Don't miss the full listing on our site.
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Currency Exchange
Collesano, Palermo, Italy
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Italy do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Italy takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €130,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €130,000 | £107,680 | £111,729 | £4,048 |
| Property Price € | €130,000 |
| Minimum cost in the last six months | £107,680 |
| Maximum cost in the last six months | £111,729 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,048 |
Collesano, Palermo, Italy
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Italy do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Italy takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €130,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €130,000 | £107,680 | £111,729 | £4,048 |
| Property Price € | €130,000 |
| Minimum cost in the last six months | £107,680 |
| Maximum cost in the last six months | £111,729 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £4,048 |
The exchange rate on the day you make an offer on your property in Italy will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £4,048 more.
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