Huis te koop - Trabia RBV42091

Villa Francesca - TrabiaA development property with approved plans for three new houses, Villa Francesca sits in a panoramic position above the coastal village of San Nicola l'Arena, midway between Cefalù and Palermo.A villa with flexible potentialThe property comprises a 1960s Mediterranean-style villa with two independent apartments, set in 2,500m2 of parkland planted with lemon and olive trees. The villa needs updating but the structure is sound, with five bedrooms, three bathrooms, a terrace and covered porticoes. At 140 metres above sea level and just over a kilometre from the coast, it enjoys sea views and cooling breezes. An authorised well provides water year-round, and the mature gardens are maintained by an irrigation system. Development land with approved plansPlanning permission is already in place for three detached houses, each around 120m2, with private gardens exceeding 1,500m2 and even provision for swimming pools. This second lot, the land to be developed, has its own private access. Construction costs will come to about €160,000 per unit, and you will also need to budget for development charges at around approximately €75,000, but completed new properties in this area typically sell for around €230,000. We'll leave the maths to you and your accountants, but there is obvious potential here.Quietly versatile locationSan Nicola l'Arena is a small marina community with basic amenities. Good connections along the coastal highway mean that nearby Trabia, Termini Imerese and Bagheria offer varying degrees of infrastructure, shops and services – all within a twenty minute radius. Palermo itself is reachable by train from San Nicola's little station or in half an hour by car, with the international airport reachable in around 45 minutes. The beach of Cefalù is only 40 minutes to the east. Although the property definitely feels rural, this is actually a quietly very well connected location and well worth consideration as a second home.For a full description of the property please visit our website