Palazzo Sacconi

Marche, Italy

Italian Real Estate for sale

Property Ref: IMA9907


Location: Montalto delle Marche

Province: Ascoli Piceno

Region: Marche

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Accommodation

Palazzo Sacconi is a landmark in the Marche region. This heritage structure dominates the historic, hill-top town of Montalto-delle-Marche. Built on 4 floors into the side of the hill, it has spectacular views of the southern Le Marche landscape, flanked by the Sibillini Mountains and the Adriatic coast.

It was built by Cardinal Carlo Sacconi and modified by his nephew, Count Giuseppe Sacconi (1854-1905) - the legendary architect behind the famous marble monument to Vittorio Emanuele II in the centre of Rome.

Supported by the Belle Arti, Palazzo Sacconi now has planning consent for restoration and conversion into residential and/or commercial use. The current hypothesis is to develop a bespoke apartment complex on 3 residential floors with indoor pool, gym, concierge and event facilities on the ground floor.

The property offers over 3,000 m2 of floor area on floors 1 to 3 for residential use, plus another 1,600 m2 on ground floor and communal areas including external space.

NOTE: The property is flexible in its use and could offer and independent living complex; bespoke apartment complex; boutique hotel, etc.
Detailed information is availble for interested investors / developers and JV options would be considered. The current owners are closely involved in the project and would be a useful resource for any buyer.


UPDATE: There is an option to purchase an additional neighbouring property - Palazzo Vescovile - which increases the options for development.

Click for map of approximate property location

Condition

Restoration required. Very good - geological surveys completed

No. Floors

4

Floor Area

3022 m2

Special Features

Location:
- 1 hour to Ancona & Pescara airports
90 mins to Rimini, 3 hours to Rome - 25 minutes east to Adriatic beaches of Grottammare, Porto San Giorgio and San Benedetto del Tronto
- 30 minutes west to Sibillini mountains for hiking, skiing, etc.

Video

Palazzo Sacconi Video

Price

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