Palace located in the historic center of Modena.

The building is in good condition and consists has a square footage of 900 commercial meters spread over 4 floors, connected by an elevator.

The property is composed as follows:
Ground floor: Two stores with regular lease.
First floor: Two leased professional offices and one apartment currently leased.
Second floor: One large apartment, currently vacant.
Third floor: A large apartment, inhabited by the owners of the building.
Fourth floor: Two apartments with two fireplaces, rented.
The building, has several cellars and an indoor area.

It is an excellent investment as it is income-producing and located in the historic center of the city.

Why buy it?
1. Strategic position.
2.Large size.
3. Installations in good condition.
4. Fine finishes.
5. Roof redone for a few years.
6. Elevator
7. Near the services and the train station.
8. Good investment for rent the palace.
9. Possibility of also using it as a professional studio.

The address / street insert is indicative for a matter of privacy.

About Modena City.
Famous for its medieval history, mastery of automobile manufacturing (with the headquarters of the Ferrari and Maserati automakers) and famous balsamic vinegar, Modena is a delight for tourists of all ages.
The 12th-century Romanesque cathedral with the spectacular Ghirlandina, the bell tower under restoration through 2010, is a UNESCO World Heritage Site.
Just outside the city (near the automaker), in Maranello, we find the Galleria Ferrari, a museum dedicated to the Ferrari brand and the Italian racing car industry.
The cities of Modena and Carpi, are strategically located, as they are close to the areoport of Bologna and Verona; within an hour's drive we find Lake Garda, the Adriatic coast, and the Emilian Apennines.

Why choose the province of Modena?
The quality of life is among the highest in Italy.
The food is among the best in Italy and the world (Forbes magazine).
The province is among the world leaders in manufacturing in the following sectors:
Precision mechanics and mechanical engineering (city of Modena).
Production of racing cars (Ferrari, Lamborghini, Zonda and Pagani).
Biomedical (city of Mirandola)
Ceramics and tiles (city of Sassuolo).
Clothing (city of Carpi).
Production of balsamic vinegar (black gold), wine production, and production of world-famous foods (tortellini, prosciutto, Parmigiano Reggiano cheese, etc...).

In Modena, there are several universities for students with various fields of study: Law, Economics, Engineering, Literature and Philosophy, Mathematics and Physics. Students, as soon as they finish their studies, immediately find jobs.

The real estate market is always stable, buying to make an income, represents u certain and safe investment as the requests to buy or rent are continuous both from managers of companies but also from students.
Annuities range from 4% to 6% after taxes (House rent)

The city's strategic location:
only 1 hour from the coast and the sea (Riccione, Cattolica, Rimini, Gabicce).
Only 1 hour from ski facilities (Abetone and Cimone mountains).
only 30 minutes from the enchanting Emilian Apennines.
90 minutes by car from Milan and Florence.
40 minutes from the international airport of Bologna.

And finally, by fast train from Modena, you can reach all cities of art or business.

Best regards