For Sale 10 Bedrooms 0 Bathroom 0 Reception €780,000

10 Bedroom Commercial For Sale in Arona , Lake Maggiore - €780,000

This period property in Dagnente, Arona has massive potential.

It is strategically placed for providing the ideal location for a commercial venture as it is only 40 kms from Malpensa airport, 3.5 kms from the motorway exit of Meina and 3.8 kms from the centre of Arona.

As the property used to be a restaurant with rooms above, it could either have a commercial or residential use.
There is an approved project to tear down the old building and create a luxury complex of 10 units of approx. 1,000 sqm with a communal swimming pool in the grounds of approx. 4,500 sqm.

An alternative investment project could be to create 3 decent sized modern villas.

Something else that could be considered is a luxury boutique hotel using all the 1,000 sqm in one building. This area is crying out for a decent small hotel as the competition in Stresa is rather dated and the local hotels in Arona have an even lower standard.

It is rare to find such a large plot of land with this amount of volume to create something new and outstanding.

Asking Price €780,000.00 (plus 3%+VAT marketing/finders fee)

International Horizons have a well established team of British colleagues living and working exclusively on the Italian Lakes, who provide a professional, efficient and proactive approach to purchasing properties in Italy, including (if required), a comprehensive architectural and refurbishment service.
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Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Notary / Lawyer / Surveyor.