An exciting opportunity to co-own a stress-free luxury property in a stunning and authentic part of Southern Italy.
Nestled in verdant countryside in a tranquil environment but close to the authentic town of Agropoli and its bars and restaurants, Villa Velius is within easy reach of the Cilento Coast, beautiful beaches and seaside villages. The property sits on 3,860 square meters of land within tranquil nature and enjoys views out to sea and across the Amalfi Coast.
The meticulous restoration of Villa Velius includes an entirely new roof with modern thermal insulation while retaining the character through the internal exposed beams. Expect newly installed electrics, plumbing, and brand-new double-glazed external doors and windows inside the villa. New ensuite bathrooms complement all four double bedrooms. And the property also benefits from air conditioning and underfloor heating.
MOST IMPORTANTLY, a new 2022 specification 21kW solar power system will provide practically all the electricity supply.
The new kitchen comprises a spacious center island and breakfast bar, and the adjacent dining area leads to a balcony with views over the beautiful Amalfi coastline. Double doors lead from the kitchen to a large pergola ideal for al fresco dining and an expansive terraced area with a sunken lounge feature and a fire pit.
Complementing this stunning property on the exterior will be a heated swimming pool overlooking the mature gardens and land extensively populated with various fruit trees.
This beautiful property is situated close to Ogliastro Cilento, located on a hill just 4 km from the sea. The quaint town overlooking the sea was founded at the end of the early Middle Ages by the inhabitants of Agropoli, fleeing from the Saracens. Overlooking the Piana di Paestum, the Amalfi Coast, and the Gulf of Salerno, the village has many noble palaces and chapels. For example, the Palazzo De Falco dates back to the 15th century and houses an important library among its 35 rooms, containing manuscripts from the 15th century and a collection of relics and historical testimonies.
The town’s name comes from the Oleastrum, which refers to the Gold of Cilento, the local delectable olive oil. Enjoy this yellow-colored, intensely flavored delicacy served in all the local restaurants along the quaint cobbled streets and nearby Paestum, a few miles away.
Villa Velius invites relaxation but is close enough to the local historical gems of Campania and the beautiful Cilento Coast, with its pretty seaside towns and coveted Blue Flag beaches.
OVERVIEW OF CO-OWNERSHIP
This beautiful three-story country house is currently being meticulously restored and is for sale under a fractional ownership arrangement for €199,750 per 1/12 share and includes 4 weeks of annual exclusive and private use. This model allows an easy way to access ultra-luxurious properties for less.
The Pinelli Group makes luxury high-end properties accessible through fractional ownership. This proven model is not timeshare. With fractional ownership, you will own part 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. This provides each shareholder with 4 annual weeks of exclusive use of the property. Owners can enjoy extended annual stays at the property by purchasing multiple shares. Furthermore, owners can choose their preferred weeks each year to provide flexibility of occupation for each and every shareholder.
Co-ownership, or fractional ownership, is ideal for people drawn to the idea of owning a vacation home but who don’t necessarily have the time to enjoy lengthy 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 multi-million-pound price tag.
THE MANY BENEFITS OF FRACTIONAL OWNERSHIP WITH THE PINELLI GROUP PROPERTIES INCLUDE:
Greater value for less money – Get more value for your property investment and gain access to high-end luxury properties within your budget.
Economic sense – Only pay for the time you will realistically use, 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.
Villa Velius is expected to be fully restored by spring 2023.
While we know that co-ownership will not suit everyone, we invite you to leave your details in the form for further information if you are interested in hearing about our fractional ownership opportunities and exploring whether this unique investment makes sense for you and your family.
As there is no better way to know whether an area or property is for you than to explore it first-hand, we are now taking Discovery Visits for the spring, so you can come and enjoy the Italian sunshine, and we will show you the property and the location highlights so that you can get a real feel of the area and all it has to offer.