Investment project for construction of a unique panoramic residential compound in the North of Italy
Unique investment project for the construction of a residential compound with a panoramic view on lake Iseo in the northern Italy. The lot with a total area of 50 000 sq.m. is located at 750 m of altitude on the shore of the breathtaking lake Iseo, one of the pearls of northern Italy.
• Milan (airport) – 90km;
• Bergamo (airport) – 47 km;
• Brescia – 52 km;
• Verona – 117 km;
• Mantova – 130 km;
• Switzerland (Lugano) – 115 km.
As well, there are 7 UNESCO World Heritage Landmarks in the range of 100 km.
Lake Iseo, also known as Sebino, is surrounded by mountains and has a total area of 62 sq.km., it is the 4 th largest lake in the Lombardia region and the 7 th in Italy.
In the center of this mountain lake there is an island, Monteisola, which is the largest lake island on Europe, as well as two smaller islands, Loreto on the north and St. Pauls Island on the south.
The lake is surrounded by untouched natural beauty and amazing panoramic views.
Some of the reasons which consolidate the strong demand for real estate here are:
- breathtaking natural landscapes (D’Iseao – Monteisola – canyon – Franciacorta valley, famous for its wines);
- mountains (luxury skiing resorts – Valcamonica archeological sites)
- lake (activities such as swimming, windsurfing, fishing, scuba diving, many luxury events on the lakeside);
- several golf clubs located within a 50km range;
- Natural parks and thermal springs.
The construction project and building permits have been approved by local authorities, for the realization of 20 buildings with panoramic views for a total of 83 properties with A energy class, for a total area of 4 436 sq.m.(3 733 sq.m. on the first floor + 703 sq.m. on the attic level), 948 sq.m. of storage area, 1062 sq.m. of balconies, gardens and patios, 92 garages and 5 open parking places, panoramic swimming pools, spa center and gym.
The terms for the construction are 6 months for preliminary works and 24 months for main works.
The lot is situated 700 m above sea level, while the lake is 300 m above sea level. The distance to the lake is 3 km, connected to the lot with an asphalt road. Within a walking distance one can find a small historical town with all the necessary infrastructure – shops, pharmacies, medical centers.
For its structure the project can be considered similar to Ravello on the Amalfi Coast.
The permits are valid until the year 2022.
All the projects for urban works have been already developed.
The architectural projects have been already submitted, only awaiting licenses.
The current project can still be modified according to the client’s requests.
Possibility of financing from leading Italian banks.
Possibility of participating as JV.
Possibility of obtaining the Italian permit of stay based on the Italian
More information upon request.
Price for land lot and building permits – 5 000 000 euro.