Property Description

Real Estate in Santa Flavia

This huge luxurious villa and associated cottages, very typical of its 1959 construction date, is located in a beautiful spot midway between the city of Palermo and the picture-postcard destination of Cefalù, on the north coast of Sicily. Villa Rita is located on 4000m2 of land and has private access to the sea at a rocky bathing cove. There are a total of 4 residences on the plot:

The ground floor of the main villa features a large living room with an open dining area, a kitchen, a large bathroom and storage rooms. Upstairs there are five bedrooms and three bathrooms upstairs.

The detached cottage in the upper area of the property measures 55m2 and includes two rooms, a kitchen and bathroom.

The smaller cottage in the lower part of the property is 30m2 and contains one room, a kitchen and bathroom.

The upper floor of the main house is a private apartment with its own entrance, measuring 40m2 and containing one room, a kitchen and bathroom

Furnishings

The living room of the main villa contains a fireplace, and the four bathrooms are all fully fitted. All rooms have central heating and some also air conditioning. The cottages are also equipped with air conditioning.

Surroundings

The nearest village is called Santa Elia and the whole area is part of the municipality of Santa Flavia, a market town and fishing port. We know this area well as we ourselves have been in the area for decades. It is always our pleasure to introduce clients to the many varied real estate opportunities in Sicily, but our own beautiful neighborhood is a special pride for us, as we’re sure you’ll understand.

Palermo, the capital city of Sicily, is around 12km to the west. Mongerbino is the summer haunt of the city’s rich and famous, who built their villas here in the 1970s, and handed them down through the generations: property rarely comes onto the market here.

The view of the open sea and the Capo Zafferano outcrop are really unique, and the area has begun to come to the attention of wealthy Northern Europeans. One of the nearby villas was recently bought and restored by the head of Tetrapack and another by the president of Nokia – if you want well-connected neighbors you’d be in the right neck of the woods!

Investment opportunities

The owner and their family currently lives in the villa and rents out the cottages and apartment through various online portals. The market for vacation properties in Palermo’s surrounding area is exceedingly strong, and we would be delighted to advise you on the investment possibility. We are also delighted to offer our huge experience as a letting agency and in managing rental properties in Sicily. After the purchase is complete, if you so choose, we would be delighted to take care of the day-to-day maintenance and management of your new real estate.

While these annexes are all in perfect condition, a buyer should budget for some renovation of the main villa.

The list price for this one-of-a-kind property is €2,400,000 though we understand that this can be seen as a basis for negotiations. You will need to add commission of 3% to the final price – however, with our experienced and respected local team working for you, you can be assured that the final price will represent the fairest possible deal.