Palazzo Maratea

A unique opportunity to co-own a beautifully restored apartment in a historic Palazzo set in the picturesque village of Campagna.

*Please read the description below to discover how you can own part of the freehold of this stunning recently restored Palazzo*

THE PROPERTY

Palazzo Maratea is steeped in history and located in the heart of Campagna – a pretty village with its historic river flowing through its center, near the Picentini mountains.

Surrounded by endless countryside, hiking trails, and nature parks, the property is within easy reach of the thermal springs of Contursi, the Cilento Coast, and its sandy beaches, allowing you to explore southern Italy’s changing landscape at any time of year.

This beautifully restored property has been finished in an elegant yet comfortable design, bringing this noble property back to life with the chic elegance that today’s discerning buyers are searching for.

FREEHOLD FOR A FRACTION OF THE PRICE

Here at The Pinelli Group, we successfully procure and refurbish properties in beautiful locations throughout Italy to an exceptional standard. Our immaculately restored, and exceptional properties are sold through fractional ownership.

We carry out the property maintenance and all that goes with it. We arrange the payments of any taxes and insurance while fully managing the properties in your absence, taking care of all the stress so you can simply turn up and enjoy your vacation immediately.

In effect, you pay proportionately for what you use by splitting the final yearly costs with your co-owners. All the fun and all the enjoyment for all of the time, for less hassle and fewer costs than you would carry if you were to purchase a property outright.

We at The Pinelli Group are always on the lookout for historically appealing properties that are far enough away from the over-saturated tourist trails but where you can immerse yourself in the local community, food, and festivities.

With successful renovations and sell-out properties, we are launching our newest venture: Our Pied-à-Terre collection of luxury serviced apartments in Campagna.

THE PROPERTY

Walking through the beautiful large wooden double doors, the bright entrance leads up one floor to a fully-equipped laundry room and spacious luxury-designed serviced apartments over the next three floors. With a light and natural palette, the open living, dining, and kitchen areas are sumptuously furnished in a chic style that marries sophistication with comfort through beautiful fabrics and furniture.

ONE-BED APARTMENT:
First floor apartment priced at £46,300 for 1/12 share
Open-plan living, dining, and kitchen area
A large main bedroom with a private ensuite bathroom
Juliet balcony

TWO-BED APARTMENT:
Second-floor apartment priced at £52,300 for 1/12 share
Open-plan living, dining, and kitchen area
A large main bedroom with a private ensuite bathroom
Guest suite
Guest bathroom

THIRD FLOOR LARGER TWO-BED APARTMENT
Priced at £57,300 for 1/12 share
Open-plan living, dining, and kitchen area
A large main bedroom with a private ensuite bathroom
Juliet balcony
Small outside terrace
A guest suite
A guest bathroom

THE LOCATION

This historical Palazzo is located in Campagna, a beautiful hillside town in the warm authentic South of Italy. There is a central piazza and a main street lined with
bars, cafes and restaurants.

Campagna is easily accessible and a superb location for those seeking to enjoy the delights and charms of the authentic South of Italy. Nearby towns and cities include Eboli, Acerno, Contursi Terme – famous for its thermal springs, Senerchia, Olevano sul Tusciano, Postiglione, and Serre.

Palazzo Maratea is not far from the Ancient Greek City of Paestum and is approximately one hour’s drive from Naples International Airport and under 20 minutes from the new Salerno – Costa d’Amalfi Airport, scheduled to open in 2024. And only 15 minutes from the main autoroute that connects Rome with Sicily.

CO-OWNERSHIP AT A GLANCE

Palazzo Maratea is being offered for sale as a fractional ownership agreement. This model allows an easy way to access our ultra-luxurious properties for less. It will be restored to a luxurious standard by Fall 2023.

The Pinelli Group makes luxury high-end properties accessible through fractional ownership. This proven model is not timeshare. With fractional ownership, you will own an equal share of the freehold property and equity and only pay proportionately for what you actually use, sharing the annual running costs with your fellow co-owners.

Co-ownership, or Fractional Ownership, is ideal for people who are drawn to the idea of ​​owning a vacation home but don’t necessarily have the time to enjoy longer stays in the property throughout the year. The concept allows owners to enjoy all the upsides of owning a luxury property, with plenty of space to welcome extended family and friends, but without the higher price bracket.

Through co-ownership, a property is co-owned by several shareholders, each of whom owns part of the equity and freehold of the property.

Each shareholder is entitled to FOUR weeks a year of exclusive use of their Palazzo apartment. Owners can enjoy extended annual stays at the property by purchasing multiple shares. Furthermore, owners can choose their preferred weeks each year via a fair rotation calendar to provide flexibility of occupation for each and every shareholder.

THE MANY BENEFITS OF FRACTIONAL OWNERSHIP WITH PINELLI INCLUDE:

Greater value for less money – Get more value for your property investment and access high-end luxury properties within your budget.

Economic sense – Only pay for the time you will realistically use and make a return by renting out any unused weeks.

Reduced running costs – Only pay for your share of maintenance and upkeep.

Hassle-free – Enjoy a property that’s fully managed, secure, and taken care of for you. Arrive in your beautifully maintained, sparkling, clean property with freshly laundered linen, and enjoy!

A personalized experience – Personal belongings, including photos, paintings, and ornaments, are safely stored on-site and returned to your preferred areas of the house before your arrival.

An appreciating asset – Earn financial yield through any capital appreciation of your asset. Equity share is fully transferable, saleable, and willable.

While co-ownership will not suit everyone, if you are interested in more information on how co-owning a property in Italy may suit your needs, we invite you to leave your details in the form for further information.

PRICES AND FURTHER INFORMATION

The Pinelli Group offers these exceptional apartments through its fractional ownership program from £57,300 for a 2-bed apartment, giving each shareowner FOUR weeks of exclusive and private use per annum.

There is no restriction on multiple shares, thus multiple weeks of ownership and exclusive usage.

We invite you to register your interest in becoming one of our privileged owners, each sharing the ownership of this historic building and also sharing the annual running and management costs. We will be delighted to provide much more information.