House for sale, Corso Umberto I, 188, in Vibonati, Italy

VIBONATI (SA) – We offer for sale a charming HISTORIC BUILDING built in the early 1400s with inside a characteristic original oil mill and a room carved into the Rock useful for storing food. Il Frantoio rests on a very large terrace overlooking a beautiful valley with three large arches with the sea in the background. This noble residence is distributed over a total of 480 square meters and is spread over 3 floors, all with double facing and balconies. Each room is full of historical value and although to be restored still keeps intact its original components and materials. Giuseppe Garibaldi also lived in one of the apartments of the building on September 3, 1860, an event commemorated by the plaque affixed to the external wall, next to the entrance of the building. The building one of 480sqm including the oil mill and all the first floors up to the third plus an attic at a cost of Euro 210,000. Vibonati, located on a hill, is 3 km from the first seaside resort called Villammare and falls within the Cilento National Park, in the suggestive Gulf of Policastro and in the renowned Maratea which, with its beaches, is only 15 km away. Palinuro, equally renowned, can be reached in 40 minutes. The Ferrovie dello Stato with the FrecciaRossa allow you to reach Sapri Station from Rome in just 2 hours and 37 minutes. The territory has also seen the filming of one of the James Bond films (No time to die – 2020). A very interesting project has been completed for the creation of a "Albergo Diffuso" in Vibonati. This project consists of 14 real estate units to be recovered distributed in the historic center. For all of them, inspections, technical analyses, photographic and architectural surveys were carried out. The properties we talk about in this announcement are the first covered by this project. The technical analysis of the individual buildings has found that most of them have historical and architectural features of value, giving a strong potential for growth and prestige to the settlement heritage of Vibonati. Although important restoration works are necessary, investments must be considered in relation to the strong increase in real estate value that would result from the enhancement of the area as a whole. The residences, in fact, once renovated and placed on the national and international market, would increase their value exponentially