Touring An Amazing 17th-Century Italian Palace: Buy For Just €165k | BradsWorld.It
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- เผยแพร่เมื่อ 15 ก.ย. 2023
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Step into the grandeur of the 1700s with our exclusive tour of an Italian palace in Trivigliano, just a short journey from Rome. Please Visit this Website to get more information: bradsworld.it/
This magnificent property, priced at only €165,000, offers a unique glimpse into Italy's rich history and architectural splendor.
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I can help get you in touch with a great mortgage broker incorporated in both the United States and Italy. They will work with you to get a great loan with interest rates that are far superior to what you may be expecting!
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Nestled high on a mountain with breathtaking views of Lake Canterno Nature Preserve, this palace is not just a home but a piece of Italian heritage waiting to be cherished.
Join us as we explore each corner of this historic estate, showcasing its timeless beauty and discussing the potential of such a remarkable investment.
This is a palace located in Trivigliano, Frosinone, Italy. It’s about 90 minutes from Rome and 45 minutes from the beach. It sits high on a mountain in a historic town with beautiful Lake Canterno Nature Preserve views.
Built in the 1700s, the palace has functioning water and lights. Most electrical power is run inside the walls, and the water runs strong and clear.
Many frescoes remain on both the walls and ceilings. The views are amazing, and this would be a great mid-difficulty level restoration project for someone who wants to have enough space for an extended family to visit.
I’d like to thank my friends at www.AlfanoRealEstate.com for allowing me access to this wonderful palace. Visit their website to see this property and the other palaces they’re offering for sale.
They have over 400 homes on their website, specializing in value for your money. You can contact their Director of International Sales at Claudia@AlfanoRealEstate.com.
I look forward to your comments, and please subscribe! -Brad!
This video is about Touring An Amazing 17th-century Italian Palace: Buy For Just €165k. But It also covers the following topics:
Tour Of Italian Palace
1700s Palace In Italy
Affordable Italian Palaces
Video Title: Touring An Amazing 17th-Century Italian Palace: Buy For Just €165k | BradsWorld.It
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Welcome! I’m Brad Allan, and I Buy, Renovate, and Rent Luxury Apartments in Tuscany! My wife Olivia and I invite you to come on our journey with our two big Bernedoodles, Kona and Charlie, as we show you great properties for sale in some of the prettiest places in Italy. We discuss what it takes to make it happen and can help direct you on your quest for a better life!
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Probably needs at least £250k+ spending on the restoration but what a beautiful Palace with just so much potential.
Yeah that’s about right!!
On one hand you cant beat it. Huge space, great space, manageable work. On the other hand, so many original details are gone, no grounds, and quite the Frankenstein building. It could actually be a bit more difficult property than one would think.
That is what happens when palace at some time got sold and was likely converted to simple apartments.
Drop the mic! Absolutely gorgeous. I will dream about these elaborately carved archways, ceilings and frescos. Thank you for sharing!
You are welcome!! Even bigger place coming up soon that you won’t believe. Almost all the ceilings are hand carved and painted wood! 🤯🤯🤯
Gorgeous, definitely a DIY ! Great price
The possibilities are endless here.
Wow that's my dream home perfect historical features
Wasn’t that atrium in stairwell amazing?
Spectacular!
Great house with great potential.
It's an Amazing Property! ❤
Hmmmm, as an architect this a beautiful property with a lot of possibilities. Getting down and dirty I wonder if there is a historical commission one has to deal with in this region. If not then priority would be to replace the roof and some if any affected support system underneath. Second plan of attack is to clean the exterior stonework and re tuck point the stone walls followed by a sealant to prevent the ingress of moisture. One will need to wait one year for the stones to dry out in towards the interior of the home, only then can one address the moisture damage inside on the walls. The one narrow bathroom appeared to have issues with the wood beams which might need replacing if indeed they have issues. Heating and cooling would also need to be addressed. It appeared they might be using portable propane heaters in several rooms of the house. If true these will add unnecessary moisture into the home that will condense on the cold walls in the winter and cause mold and mildew to form on the walls. I have seen this problem with both old and new construction in Greece as well. Once the major issues are resolved then one can work on the rest with ease.
For the most part I personally would not change much except for more modern lights in the really dated bathroom or towards something like a modern take on a classic turn of the century (into the 20th century) lighting fixtures. Italy produces some of the best lighting fixtures in Europe. In floor heat is best but out of the question for this home, don’t ruin a classic design. Unfortunately radiators are an option, perhaps the style that run along the baseboard. On to another subject, taxes. Are they as stupid expensive as in Greece or Germany?
Let’s talk about property taxes…. Your last question. Except for the transfer tax, property taxes are basically negligible in Italy. Everything is based on the cadastral value of the home, which is usually a very low figure. My experience in the properties I have bought is that it’s about 15% of the actual value of the property. Non-residence will pay at 9% property transfer tax, but with the low cadastral value that really translates into about a 1 1/2% tax on your purchase price. More or less.
The ongoing property tax is generally between 1/2 and 1% of the cadastral value. So even on a luxurious apartment, that cost €700,000, the yearly property tax is only about €1000.
I don’t think a new roof is warranted on this property. That would be a grossly expensive proposition, and since there was only very limited water damage on a few exterior walls, the problem is more than likely gutters and downspouts possibly leaking or small areas were there could be water intrusion.
I also don’t think I would bother power washing the building, although that’s certainly a personal choice. There’s no real growth on it just patina from age I would concentrate my funds on the rest of the stuff you suggested, which was all brilliant. Keep as much of the original as you can. And hopefully there’s a way to use split systems for heating and AC. I’m more worried about AC these days than heating!
A most excellent and thorough comment, thanks for taking the time! And thanks for watching and subscribing.-Brad
GORGEOUS!
I wish I could take everyone in person. The feel and sounds of walking it make such an impression. So solid.
this is totally awesome. all youd need to do right away would be the upstairs kitchen, add some showers, check out the water damage and roof, get rid of the 60s light fixture. never do anything to the ceilings or the ground dining room walls.
That’s right. The most important difference between this and some really broken down places is that you could make this livable from day one! Start taking it room by room. Take care of the low hanging fruit and you would end up with a masterpiece.
Heating, electrical, plumbing and roofing may be something you look into before picking out light fixtures.😊
Gee, that’s all?
@@TangentOmegaso any people don’t get this. When you see a beautiful old French chateau on 100 acres for 800 thousand Euros it most likely needs 1-2 million in renovations just to make it livable. Roof, facade, floors, electricity, plumbing yada, yada, yada.
That is stunning
I thought so too. The whole time I was filming it I was like “how is this possible???”!
Honestly Brad,thats right up there for price for such a stunning place@@BradsWorld
I bet the inside stays perfectly cool in summer 😊
Except for maybe the top floor. It got over 100° this summer down there, and while these things are super insulated, you can’t have 80° nights and 100+ degree days and have it still stay sleepable!
I hate to say it, but being that I live here, I’ll saw it: you really need to have AC in the bedroom anymore. Even all my Italian friends have put it in that never needed it.
Beautiful ceilings. Great Staircase. Great bones. Great price. Personally I’d need $250k to do it justice too 😅❤
That is a fabulous home...so much potential.
Beautiful. Huge❤️
I feel lucky to walk all these homes!
@@BradsWorld Yes, very rich in history , tale and architecture! You have been blessed. Thank you for sharing so we can see all the unique buildings and surrounds. We get a good feel and I feel I'm there with lol. Cheer 👍🏆🥃
Great project and awesome space. If only the walls could talk.
Speaking of which…. I didn’t mention it in the video but there were pockmarks in the living room walls that supposedly happened when German soldiers were using the house for cover near the end of World War II. Some of these hilltop towns saw very intense fighting, the nearby city of Frosinone was almost completely destroyed, which is why it seems like a more modern city today.
It seem like a little dark of material to covering my home tour video, but it’s not the first time I’ve seen unrepaired damage from World War II south of Rome.
the walls would say "sitta down and eata ya soup"
definitely a great restoration project... its really would not take long to restore this beauty....
And you could do it in sections. Get one floor totally livable and stay there while you tackle the rest. And like I said, in the video, it looks daunting because it’s so big, but the reality is 70% of the palace just needs a good cleaning, lighting fixtures, and possibly painting or a different wall treatment in the rooms that don’t have Frisco’s. The only heavy work would be in the kitchen and bathrooms.
@@BradsWorld absolutely.... thats a good plan for sure.. not daunting for me... my last renovation project was 28k s ft... thats an easy peasy one.. hahahaha
Speechless…. I can see myself and my sisters owning a space like this for our families. I will be forwarding this video to them. The possibilities make me lose sleep. My son is currently in Rome attending college until May. I have him scouting areas for us too. Kee p the videos coming Brad! Love it! Amy from MN
About 20 mins to train station by car and a train is 1:05 into Roma termini.
I shot a video, but I haven’t posted it yet of a house with a guest house and another large work room that could be turned into another guesthouse that’s only 10 minutes away from Sora. I wish I could drop a photo into the comments, maybe I’ll try to make a short out of the video I took.
Thanks for watching and commenting!
Hey brad you told one of your subscribers that if she comes you will be showing her around. You better show me around too whenever i come . No discrimination here! Hahaha. This house is owsome so big and only €165,000 . The house is in pretty good condition, beautiful floors, and ceilings. i only saw one room dont remember which one that i wasn't too crazy about the floor, but everything else was really nice. Every time you show this beautiful houses and insane prices i think about all those people here that cant afford buying a house, and sometimes cant even afford the crazy rents. As of matter of fact i am right now trying to help an old couple cause they want to evict them. The landlord didnt take care of some nasty mold and their only son who supports them lost his job cause he got sick from the mold and they cant pay their $4,200 monthly rent! how easy would it be for many here to solve their housing situation there, and be able to have affordable health care. By the way when are you going to talk about this subject? I will be looking forward!
You got it!!
Fabulous.
Agreed Lois! Thanks for watching!
Wow! What a beautiful Palazzo with so much potential! The most rewarding things in life require rolling up your sleeves and getting dirty!
And I was thinking the very first thing I would do here is pull out any stuff I knew we couldn’t use and just clean the hell out of it. Mop and mop and mop and take away the dusty feel. Clean the windows and just start getting some life back into it. Then on the second day… 😅
The fireplace will also make it very cold in the winters.
Usually they have a board that goes over them when not in use.
Frankly I hope it gets colder again in Winter. This last winter here in Tuscany we had one day at 0°C (32F) and that was the nighttime low. Keeping places warm is becoming less of an issue… 😔
That's a lot of palazzo for the money.
It is livable as is, but you'd definitely want to work on it.
Ciao, Brad. 😊
Oh yeah, it needs a lot! But what a grand place you would have.
Claudia may speak my language but you had me at “Prossedi” a few weeks ago after I found the Palazzo Costiglio there for 165K and I’ve been pining for it since. I must have watched every single TH-cam on Prossedi to see if it was a good fit for me and now I feel like I can find my way around the centro storico like a native. But now you put up this rusticò and I have new homework. I want to visit Lazio in January but must wait till I get my renewed passport back. I don’t really want to end up with one of those Cold War looking apartment houses so frequently seen in Lazio real estate ads and I want out of the mortgage interest scam. So I’m anxious to talk with the listing agents about options. Thanks again for introducing me to new possibilities.
Your welcome. If you make it in January give me a heads up. I’d love to show a subscriber around for a day or two and do introduction. (Of course I want to film it!). It’s not that hard to do. There’s a shoe for every foot here. One of these days I’ll go through the medical stuff we just went through this past week, and how much better off we were here than in the United States. Everything is good by the way… Thanks a lot for watching and subscribing! And seriously, let me know when you’re coming through my email that I put in every video, and happy to show you around.
Hearing about Italian healthcare vs. US will be very interesting. Glad everything is good. @@BradsWorld
OMGoodness I’m in love! Even without heating I would live in it as is…. For a bit. Charmed beyond words. Do you know if this is still for sale?
Go for it❤ Riservami una stanza LOL
What are the air b n b regulations there these days?
I love it I am looking for property I haven't sold my place in the US yet as soon as I do I'm on my way
Great! There is always a good deal especially in this area. The right mix between not too touristy and too far out in the boondocks. Lots around here to do and services. See you when You are ready.
Hi again, Brad! Thanks for your previous insightful answers. Quick question: what would be a reasonable estimate for monthly utilities costs, a rough range to expect for a property like this? Given, say, minimal reasonable electrical appliances and 1-2 people living full-time, September to May with a mild winter.
Perhaps I can answer that seeing as I live in Italy.
Electricity €100 a month, and water €100 for 6 months. Standing charges seem to be expensive when you’re absent, according to my friend who only occupies her house for about one month a year.
You also have bin tax and IMU which are based on the size of your house.
I am super careful with my electricity, and use an air fryer instead of my oven now, have motion sensor LED lights on the stairs, and a timer for the hot water tank.
Our electric bill for two apartments in July was €342. That was with tourists staying in them and using the AC like they were chilling meat down. 🤦🏼♂️
The rates here aren’t that bad.
On a different note I picked up two prescriptions that I have been taking for years today for the first time. €6 for both for a 60 day supply. In the USA it was about $20 for a month and that was with insurance. Doesn’t seem like a big difference but 6X adds up. And makes you wonder. And we got a CT scan here last week with and without contrast for €240 including a consult with a MD. How much would that have been in the US paying cash? $1000’s…
Hi Brad! Thanks for the video. Any idea if this comes with the furniture in place? And any idea what those dark stains on the outside of the building are, and how they are connected to the water damage or mildew on the inside on the ground floor and middle floor?
I’m guessing you could deal for the furniture. Maybe full price (they aren’t coming down anyway, nor should they IMHO). Ask for it to be included.
The staining is just aging patina. You’ll find it on most buildings here. You could water blast it off I bet. The water inside is a different deal. You definitely wanna have it checked out, but I don’t think it’s a huge deal. A friend of mine renovated a building that was missing part of its roof and turned it into a four-star hotel here in Montepulchino. Anything can be fixed!
@yperboreus nice house water damage and water stains could be a serious problem not under estimated $$$. FYI the furniture is worth not much incase you think it is and want to use in neg. except some of the lighting special the Murano chandelier. Top floor looks ridiculous.
It's has been there for 300 years its fine@@leonardoluc6362
Is there a Cantina / basement downstairs? Also is there any outdoor space i.e. a garden or parking?
There is a good sized cantina but it was so full of stuff I decided not to film it.
No garden. There is residential parking near by but no garage. Write Claudia at address in video for details. 😃
nice historical building, I would be to afraid to wake up to go to the toilet
Wife made me pass on a really nice Liberty Villa near us because the owner had died 30 years ago and nothing had been changed nor the house even lived in since then. There was still a rotary phone on stand in hallway and dishes on shelves. The deal breaker was a huge baby picture that had eyes that followed you around the room… 🤦🏼♂️
Not like there was a floating candlestick or something. I’m still sore about passing on it. 🙁
I am curious why the ground floor only has 2 front rooms while other floors have many more and front rooms are same size as on the ground? Also, there were stairs going down but we dont see that in the video. I was anxiously waiting to go down there.
The Cantina down the stairs was not lit and was stuffed with family storage items. It wasn’t finished in any spectacular way and I just felt it wasn’t worth filming.
Embarrassed to admit I don’t know why the ground floor seems shorter than the others. When I was filming it I thought it had to do with the slope but that is reverse to the missing space. It Hass to be some thing about that space being used by another structure even though the rest of the palace is above it. I have to go back and look. Interesting question! Thanks for comment and for watching!
@@BradsWorld I figured out the mystery but thank you for your reply.
I got a chance to see whats down there, surprisingly was 2 more levels but rather small and odd shaped. I am Canadian and used to full basements. 😄
Have to warn you, this might be a little confusing. lol 🙃
I tried to get an idea by using Google maps but they only circle the hill and do not go down any of the interior streets, so that was no help.
The previous Palace (1500 sq m) you showed us along with this one was actually a part of the Big house from the same family, as was another small section that's between the two you toured. It is that smaller section that cuts into this house on the lowest 3 floors. So thats into most of the 2 basement levels facing the outside stairs and in the back of the main floor of this house. It was split years back and you showed us the bigger part (1500 Sq m) with the tiered garden and big bonus room prior to this video.
When you went into the kitchen entrance (#5) on the previous one (1500 sq m) there is actually a door across the road/stairs from it but down a few steps, a #4. That door belongs to the house in THIS video, but that door is 2 levels below main street level but still above ground. There is also a door that was sealed up that lead internally to the 1500 sq m one. You might not have known there was another entrance (#4) there since it was blocked/barricaded from the inside but there is a door in the back of that lowest room.
The 2 other houses has sections of this house in their layouts. The mystery middle house entrance is exactly across the exterior stairs from the kitchen entrance you entered in, on the tour of the 1500 sq m and its at #2, which is a few steps up from lowest entrance on this house at #4.
So those 3 houses were a part of 1 big family house prior and it was said that they owned other buildings in their estate there as well. Sometimes if you cant sell a big house, you split it up in to several accommodations that are more reasonable to sell. This might have been the case?
Anyways it was interesting to figure it out and it helped going to www.alfanoagency.it/en/ website and thankfully they have virtual tours.
Great finds and thank you for a fun puzzle! 😊
What is the heating situation?
Someone has bought it and will probably be doing some split system. I’d be more worried about the AC situation myself… it didn’t even get to freezing yet this winter! I live 300 north of here.
Beautiful home! Loved the vid.
Where are all the neighbors?? It looks like a ghost town. Has everyone just packed up and moved?
Would really appreciate some genuine perspective of 'where are all the people'?
First of all, I hate talking in front of people so I could’ve filmed at the town Square where there was I believe six people and a Maltese dog chatting in front of the coffee shop (for the record the dog was not talking with them) but I feel like an idiot talking on camera to myself. So I find a quiet side street where I won’t get interrupted. That being said, all the streets in the small hilltop towns are quiet. But look at the condition of the building, and when you see tons of plants are well-maintained in pots around the house as you know that they’re occupied. I only remember seeing one or two for sale signs in the town and there are hundreds of homes.
I’m going to try to incorporate more views around town and my thoughts on the population, etc. I think the media have played up the depopulation in southern Italy so much that everyone thinks every hilltop town if they don’t see people running around like ants are vacant. The reality is even in my old neighborhood in Texas where we moved to Italy from, I wouldn’t see some neighbors for months at a time, and I could stand in front of my house for an hour and might only see the Amazon guy go by. It’s the same thing here .
@@BradsWorld Much appreciated Brad, thanks for your response!
The depopulation narrative has been vocalised for some years now and certainly, a comment on the population and perhaps a brief video scan of the local bars/restaurants/piazza, as you've mentioned would go a long way to put things in proper perspective regarding this narrative. Best
I’ve got the cash to purchase this property or one like it BUT I wouldn’t know where to start when having it remodeled. I wouldn’t be able to be there during the entire remodel. Any suggestions/advice?
Most real estate agents here are a bit more full-service than in United States. For example, my agent was very helpful with turning over all the electric, and hooking me up with various contractors. The same would go for Alfano real estate. They’ve been remodeling some of their own properties, and have a stable of good contractors that can help you. Write Claudia at the email address in the video and ask her about it.
@@BradsWorld thank you for that insight. The idea is much different then what I’m use to in the USA. I’ve been looking through the Alfano website, I like so many properties. I’ll definitely send over an email and get the ball rolling. Knowing that the real estate company can help/recommend definitely takes the weight off the decision to buy and remodel. Now I’m excited. Thanks again.
Il prezzo è molto economico,il palazzo molto antico è ben tenuto,basta poco per rinnovarlo❤ lunico problema sara il.sistema di riscaldamento perche la casa è molto grande .
Pensavo che l'opzione migliore sarebbe quella di installare un sistema di riscaldamento AC più moderno che non richiedesse la conduttura dell'acqua calda in tutte le stanze. Ne usiamo uno in uno dei nostri palazzi di 500 anni in Toscana, e funziona abbastanza bene e tutta la meccanica può essere contenuta all'interno della casa, quindi non devi preoccuparti delle restrizioni di costruzione del suo centro cicogne… 🤷🏼♂️
How far is the designated car park and how much are the annual dues for parking?
And there was a car park about one minute walking, maybe not even that. If a permit is even required in this town, I doubt they charge for it more than a registration fee. I live in Montepulchino and I think mine was $18 for the year for the parking permit inside the historic center for residence.
Is there a way to get the floor plan for this property?
Yes. Write Claudia@AlfanoRealEstate.com. She will be able to send you one immediately. Make sure you reference the price and where the property is.
Ok in general bits lots of oddball things done ✅ if you want a project it’ll come up nice if it’s a diy job it’ll 18 months of graft
Hello Brad is the house in Trivigliano still for sale ,5000sq feet house
I’m not sure! I make the videos and with a few rare exceptions don’t see the houses again…. Write claudia@AlfanoRealEstate.com and ask her. She’ll give you the low down and info on anything else that has come up.
Did this place sell or is it still on the market?
I believe it sold. And the big one next door.
I just filmed a neat place yesterday that’s over 2000 ft.² and could have three separate apartments in it plus a garden that the asking price is only €79,000 in our Pino. You should watch that it’ll be coming on in the next week or two. The owners willing to make a deal so your price could be substantially less.
Looks good . Doesn’t seem like it need that much extensive work , probably polishing the wood areas , floor , a coat of new paint . Water prove the exterior walls is easy , just a coat of epoxy paint on the exterior that would cost like €30 per tin maybe ? Looks like this is ideal for bed and breakfast setup , home business or subrent . Sadly most young couples (maybe 1 kid?) or retired people don’t need such a large palace , compared to previously where people have more kids .
Maybe couples can split it!?!
Here you have to be real careful about doing things like painting outside, in historic centers usually it has to be approved. But your point is excellent. Some attention to maintnence and this would be excellent!
Maybe use the extra space for a great hobby room or movie room or music room…!?! 🥳
@@BradsWorld one room for movies , one room for pool/billiard , one room for PC , wow . That would indeed be great :)
I see a lot of comments on other platforms about ‘dead towns’. Is this still a vibrant area?
I’m heading back down there in a few days to do more videos and I’ll be talking about this... Here is what I think:
There are “Dead Towns” in parts of Italy. Mostly in the South like Calabria and Sicily. Those dying areas have gotten a lot of coverage in the news with €1 homes etc.
Now, every town of 500-2000 people can’t have a range of restaurants, a big grocery store, doctors and dentists, etc. There isn’t enough people to support that. BUT… for example within 5 mins of this house there is a big grocery store, car repair, numerous restaurants etc. Within 10 mins there is doctors and dentists and larger shopping stores. And within 20 mins there is major medical, box stores, the A1 autostrada (main north south toll road in Italy) etc.
I 500 years ago almost every town in Italy was a hilltop town, they did that for security. Over the last hundred years, a lot of development has moved into the flat areas for obvious reasons. These hilltop towns can remain as vital neighborhoods. But much like, perhaps the neighborhood you live in if you have a suburban existence, there is not a hospital right next to you or a car repair place on your street, and there are not be tons of people out milling around 24/7 walking up and down your street. I often wouldn’t see my neighbors in Texas for months at a time! Anyway, I’ll be doing more on this topic soon because it’s super important and I’m trying to explain to people’s best I can.
Great question and I hope to answer it well for everybody !
Is it sold yet?
Not sure Carlos! You can contact the agent at Claudia@AlfanoRealEstate.com and ask her. I make a lot of videos and don’t sell real estate so I can’t keep up with all of them!
Was just in Trivigliano yesterday where this is ironically! 😅
Мне всегда было не понятно, при наличии огромного количества свободной земли строили так близко, окно к окну... старые города прилиплены дом к дому, почему?
In Italy palace means townhouse?
Palazzo means Palace. Name was used for noble homes, not just for royalty. Something like the 5,000 sq foot free standing building in the video you put this on. In Montepulciano where I live there are dozens of Palazzi... Spread all though out the town.
A townhouse is a Mac Royal with cheese! Just kidding. Its a townhouse!
Is this still available
I think it sold like 6 months ago.
@@BradsWorld do you have anything like this coming up or you know if we are ready to move but what somthing quite big
The only problem with houses of this nature woodworm in the ceilings
Pretty easy to spot. Didn’t see any evidence but good call to be on the lookout!
Ironically I am really familiar with woodworms because I used to import ocean containers full of Indonesian wood carvings in the late 90’s and early 2000’s. Every one of them had to be gas treated at port to kill everything. Those little bastards could go through a statue or table leg so fast…!
You would have to put in a heating system from scratch and just the heating cost will break you.! At least 250,000 to 400,000. New kitchens, at least six bathrooms. RUN!
I redid a good size kitchen in a 1580’s building here in Tuscany. All in it was about €16K. Four bathrooms taken down to the walks, re-tiled all new high end fixtures, walk in showers…. About €6K each total. We used split systems there, added two that had to be run through 50 feet (16 meters) of old palace wall to conform to building codes and where we could out the heat exchange out of site of public areas (this palace apt is in a historic center). Total cost of the splits with added cost of channeling through the interior walls was €11K. Normally they are about €2K installed.
I think the days of whole house radiator systems are long gone. I’m more worried about AC in the summer when it gets to 41° here in Lazio now.
Anywhoseits… I think around €150K remodeling smart and it would be awesome. You can always spend more of course!! We did our 2200 Sq ft apartment for €130K and redid EVERYTHING including flooring etc. And that includes the furniture for the whole place. Work smart!
Thanks for watching and commenting. If you want to see how our 4 remodels in old palace buildings came out, visit TuscanPalace.com. They are all stunning!! 😎
Wish you had spent more time on the layout. Visualizing a floor plan, modifications and budgeting is impossible with cuts. And what happened to the bottom floor (cantina)? Also, what's happening on the back half of the ground floor?
I used cuts for a number of reasons. I always try to cover every foot of the houses I do in order. So this was main staircase, right side then left side facing the house.
The cantina was not lit and was also crammed full of memories so to speak… I visit these places (and palaces) in a moment in time. Sometimes I cut out a part because it isn’t necessary to have it.
Hope you enjoyed the tour anyway! Thanks for watching and there is a 15,000 Sq ft palace in the same town coming up next weekend….
@@BradsWorldis the 15000 sq ft in good shape? What area of Italy is this in? My family was from the North, but the government now own our castels.
Where are all the people ? What percentage of the town is abandoned?
I feel like an idiot sitting and walking around filming myself. So I look for places where there weren’t people in the shot. Had I taken a video up on the main square if I remember correctly, there was six or seven people sitting there with a Maltese dog, and then the fishmonger showed up with her mobile truck, and even more people came out.
This village is not one of the ones you read about where everyone’s moved away and it’s abandon. I would definitely say the population that I saw the day I was filming at 11 AM skewed older. But as you can see in my walk around video, there weren’t dilapidated abandon homes. There’s live plants in front of many the houses and everything is neat and tidy.
I try to explain it this way: unless you live in the inner city somewhere, any suburban street during the middle of the day isn’t going to have a ton of people just milling about. My neighborhood in Texas had every house occupied, but I could go months without seeing some of my neighbors on the street. That’s what these hilltop houses and villages should be thought of… A particular neighborhood in a particular place. You might have a small store very near your house, but normally you’re going to drive five or 10 minutes maybe even a little farther to get to the regional shopping center. This isn’t someplace in Sicily tucked away three hours from the nearest services. This is only 10 minutes from the main north-south super Highway in Italy, the A1!
Anyway, not every village in Italy is aboandoned. And once you’re out of the main tourist and population centers, most everything in Italy is unbelievably affordable.
I get this comment a lot, and I understand it. In my next couple videos down there I’ll try to do a better job of showing the town and even more of the houses so you get it even better idea what it’s really like, and maybe go out to a nice dinner in one of the local cities it’s nearby.
Thanks a lot for the excellent comment! I think I could explain things better, in my comments that I do when my videos… So thanks for giving me that opportunity.
Brad
I’m betting you had multiple members of the same family living there. They must have informally subdivided the house. That’s why there are the two kitchens and two dining rooms. Great bones! To do it right I’m thinking you would need about 150k in plumbing and electrical and structural (depending on what’s up with the roof) and another 150k in cosmetic. Figure you take 20% off the ask (just a guess) and you are looking at around 400-450k plus fees and transfer taxes. Pretty amazing price for getting a townhouse like this that you can renovate to your own specifications
All good thoughts. Your overall budget was about what I was thinking. Not sure if the breakdown is right but a lot of times you don’t know until you dig into it.
Although sometimes you can get a better deal on these places, I know in particular that this house had two offers that were about 15% below asking and they were rejected. I don’t think, you can always just get a blanket discount on everything. I know for the properties I bought here only one did I make a slightly below asking price offer. And it’s not because I’m a newbie, I knew the properties were properly priced and I’m so glad I snagged them as they were off market listings. Thanks a lot for watching and keep the great comments coming! - Brad.
@@BradsWorld I’m just winging it, using my 30 years as a broker in NYC. Obviously I’m comparing New York to Italy, so it’s not exact. Just the general same idea with pricing and renovations. Seeing as you have such deep experience with the Italian market, I’m glad to hear I’m in the right ballpark at least. I more or less retired last year and am just been traveling. Italy is a place I have always enjoyed, and one of the places I am thinking of as a base in the future. 👍
@@BradsWorld two offers of 15% below rejected-now. Depending on how long it sits, both the ask and the negotiability tends to change. I wish them good luck with their sale 👍
Are you sure this isn't Camden, NJ? :)
Is Camden south of Rome? 🤣
So there isn't a basement?
Howdy Olav!
There was a basement but it was so crammed with boxes and without a light that I didn’t think it was worth video or airtime! It is basically some storage rooms.
If you want to see an amazing basement it “Cantina” look at my more recent video from Lucca area of the big red Palazzo. It had the most extraordinary basement. Really big and gothic and made of Timbers and large stones…. Wow!!
Where are all the neighbors on the sidewalks and streets?
I think I was filming at about 11:00 (am). I imagine either at work or inside. There were about half a dozen on the square and some at the one coffee shop.
I always think back to my neighborhood that I last lived in Texas. I could go months without seeing particular neighbors on the streets. Think of these hilltop towns as neighborhoods. You drive 3-5 mins to go to the bigger stores and 10-15 to go to a regional town or a doctors office. But people aren’t just out milling around all day…. There is less than 2000 people in this particular town.
A better judge of a towns health is the number of dilapidated buildings and if there are not live plants outside of many of the houses.
It would be three times as expensive to update it, not to mention the Italian regulations
I was thinking about €350-400.000 for a full renovation up to luxe standards. Period antiques mixed in, antique chandeliers, cultured treatment on the walls were appropriate, but with modern updating and high standard bathrooms. But that still leaves you with a beautiful high-end renovated 5000 square-foot home for half $1 million. That’s 10 minutes from all sorts of services, etc. It’ll be the right shoe for somebody’s foot! Thanks for the great comment and spot on Renovation dollar amount! 🥳🥳
What did you expect for the size and price though? Obviously it need a lot of work! It’s not going to be done to your specifications! lol
No garden !!! 3:28 to near of the other buidings on the back. Its just în the midle of the street. Its nice for nothing badly located
And yet sold right away to a polish family…. €160K for 400 MQ and complaints. Ugh again. What a weird day for comments!! 🤷🏼♂️
How big is the terrace??
It didn’t have one!
Are there any people left in this town? It seems like a ghost town.
When I was making the video I met a number of people. It’s a small town and they probably wondered why I was walking around filming. I was very open with them and explained I was there to see various properties.
I think back to my neighborhood in Texas, USA. And even though every house in my suburban neighborhood was lived in, I could sit out on my street and not have a car go by or a person walk by for 30 minutes. I always say I think these hilltop towns should be thought of as a particular neighborhood not a self-sufficient destination. This town in particular has a coffee shop bar. While I was there, numerous vendors came up And people would come out to buy fish or vegetables. But within 10 minutes there’s full services including some medical, and within 20 minutes there’s hospitals in cities with 20,000+ people.
I made a point of showing in the very beginning of this video how well kept the city is. There’s no abandon homes here. That’s always a good sign! It’s not Manhattan, but it seem to be a comfortable well lived in a little town.
@@BradsWorld Thanks! Have been to Italy and have seen some dying towns. Very sad. Glad to hear this one is alive. Awesome Villa BTW!
Ground-floor (piano terra), not first floor...
Thought I said that…. Well good catch!
Do you think this would be an area where owning a rental is worth it? It's funny that this whole area is not typically in guide books or travel books. It's overlooked so I wonder how popular it is as a destination.
Well… it isn’t Florence that’s for sure!
That being said, I was in Sora (about 20 mins away from Trivigliano) couple nights ago having dinner with friends, and there was a ton of people around. But it’s not touristy like a place where you could do a nightly rental, nor do I think the building is really suited for that.
I would see this more as a place where you made a nice destination home for your extended family, or if you had a business like yoga or health type things were people would be interested in coming and doing courses or getting treatments etc. for a week or two… A corporate retreat… Those kinds of things.
Maybe an artist because there’s so much room to do work in the house. You could have a whole floor as a Work studio and still have a 3000 square-foot home that’s historical.
Or maybe three or four friends get together and buy it and remodel it. Then everybody’s investment is stupid cheap, and it’s a fun project.
Just some ideas!!
A whole floor as a work studio sounds good!
Thanks for the honest and thoughtful reply! I am surprised that this area, being so close to Rome, is not more sought after. It seems to have beautiful hill towns and views. But in any case, I've grown weary of trying to find a property in Abruzzo. I've been there 3 times with no luck. The area is beautiful, but there are so many abandoned houses, and so much disrepair! It seems risky to buy a highly derelict house in an almost deserted town. My budget is the constraint, like most people, and it's tough to find something there that's affordable enough to allow for significant renovations. I'm not talking the 1 Euro houses, just houses that have been vacant for a long time. I had already noted Prossedi in my online searches when you started posting, and hope to get there soon. I fly direct to Rome from Washington DC so am trying to find an area that's convenient to Rome. So I soldier on! Keep the videos coming and thank you again. Jackie
it would cost probably a million more to renovate
€2000/MQ (€1,000,000) would be almost impossible to spend on a place like this for renovation. I did an old part of a palace half this size for €130.000 in 2022 that included four new bathrooms (down to the bare walls) a new kitchen (ditto, down to walls), all new flooring (thick travertine and Umbrian Oak throughout) and new painting (lime wash on entire interior). That also includes some new (antique) lighting fixtures, mirrors from the 1800’s and all new beds and updated couches etc. Oh and two new AC/heat split systems. You can see how it all came out at TuscanPalace.com.
I’m guessing high end for redoing this place is €320.000 unless there is a huge gotcha somewhere that is unknown. Remember that a lot of it you can’t touch like painted ceilings or any frescos.
Amazing house, but not a great layout for modern day living.
I hate to say it, but it would function better as 3 apartments.
And that would certainly be a good use for it too!
How in the world is this $165k???
I said that to myself the whole time I was there filming it. It was the second palace I did that day. The first one was three times as big…!
If it was a straight up shell without windows and services I could see maybe that price. But a functioning building with water and lights and windows etc!?! 😵💫
I had an idea recently about people pooling their money and like 3-4 people go in on stuff like this. Everyone gets to say they own part of a palace in Italy, and have a killer place to be when they want. Remote working, relaxing. And even with some remodeling, it wouldn’t be that expensive per person… 🤷🏼♂️
I’ll have to flesh out the idea!
Thanks for watching! -Brad
Just plain wow. Definitely takes a fat wallet to restore to its former glory.
True. I’m guessing about 2.5X the purchase price. But I think I’ll lend you could have this place and do the fix up for just over half a million euros. Of course depends on how much you want to do and what luxury level.
@@BradsWorld 500k all in finished is a steal. You can’t buy a townhouse in Orlando, Florida for under $550k
Looks like a chunk of cold inhabited madhouse-hospital..
Its affordable now but in the end not.
No duh lol.
In the end it would be more expensive than the purchase price of course. But not affordable is broad statement. I think for a couple hundred thousand euros this place could be brought back to a very nice livable condition. So for under €400,000 you have a 5000 square-foot palace. Not bad! 💪🏼
can a Lebanese buy in Italy if don't have Italian citizenship ?
Yes if you have a resident permit
You DO NOT need a residence permit. I bought five properties in Italy well before I had my residency here!
Italian law poses no restriction on land and real estate ownership to foreign citizens or non-residents. All that is required to the buyer is proof of identity (passport or national identity card), and a "codice fiscale".
It is not necessary, but indeed helpful, to have a current account in an Italian bank because payments for real estate transactions are not carried out in cash or by bank transfer, but mostly by way of cashier's checks (in Italian "assegno circolare") which must be brought by the buyer to the office of the Notary Public who will draft the property transfer deed, and witness them being handed from the buyer to the seller.
The assistance of a Notary Public is mandated by law, and notary fees and taxes are usually paid by the buyer directly to the Notary Public, which in Italy is a public officer and acts on behalf of the Revenue Agency (Agenzia delle Entrate). The seller will be charged the relevant amount of income tax directly by the Agency.
When non residents purchase a home in Italy, they must be aware of the need to specify to the Notary Public whether they already own other properties in Italy or not and if they intend to move to Italy permanently and live in the property, so he could apply reduced fees made available for first home buyers, with the caveat that they must established their registered residence in the property within 18 months from its purchase. failure to do so could result in penalties and fines to be levied for omitted payment of the due tax rates.
thank you @@BradsWorld
You're funny a 165,000 fixer upper.
I have a Phd in giggles!
No restaurants,no grocery, no doctors, more and more ?
It’s a town of about 2,000. There’s a coffee shop / bar that sells grocery basics. Mobile market trucks come up there on a schedule, the fish monger was there when I was there. It’s perched in a hill above other larger towns. Within 20 mins you have all services.
Before I move to Italy, I lived in a small town in Texas very near the capital of the state. We had to drive seven minutes for gas or a cuppa coffee. 15 minutes got us to large grocery stores and all services. It’s not two different here. Think of the small hilltop towns as neighborhoods. In my old neighborhood people weren’t out walking the streets 24/7. I could go months without seeing a particular neighbor.
I think there’s been so much media attention to the one euro homes and villages that have been vacated, especially in the south of the country, that everybody has a skewed view of what’s going on here and what should be expected. I think the best thing is to look at the video and see how well kept every single house is , and look for signs like lots of plants, and how well kept it is. And most importantly come and visit!
@BradsWorld
Good point. Commenters on videos like this, pick up on relatively trivial stuff. Is it absolutely PERFECT ? Is there a doctor / bakery / candlestick maker / pharmacist / grocery / garden emporium/ taxidermist and other essential services within EASY walking distance. Er.. no, probably. Yet back home in Alabama or Texas they're quite happy to drive for an hour or more for those things. US suburbs are vast sprawls that go on for miles and miles with no shops or any facilities whatsoever. You have to drive everywhere for anything. As soon as they come to Europe, everything must be within 50 metres or less.
The house shows several places with water damage. Water damage is ALWAYS a RED FLAG and a good reason NOT to buy! One comment in the quality of the video: the camera movements are often way too fast to give a good impression.
Water damage is always a good reason to check out the property well… if your looking at bargain priced, 300 year old houses you are going to have to expect some issues. Check them out and decide.
Poor fit of doors and windows so leaking rain/heat/wind, probably clogged chimney, water damage probably due to roofing issue, ancient wiring/plumbing/water, one (possibly) functioning bathroom, nightmare dealing with italian authorities, restoring historic features, etc etc etc. At minimum €1 mil job.
2000Euros per square meter? Pazzo! I think more like 300-400Euros/MQ
horrible, for 5000 sq ft every room is incredibly small. take a pass
I saw a house here that was 280MQ (2800 sq ft) that was 6 beds/6 baths! 😵💫
I thought the large green living room and master were pretty ample…!
Check out the Lucca Mansion I am posting next week… wow. Move in ready. Big rooms with original frescos. And just €549K!
The muzak really sucks. Not everything needs a musical accompaniment.
UPDATE: I’m at 4:15. I can’t take the uninspired music anymore. I’m outta here.
You have a volume button on your device??