Premium New development

1 Bed House for sale

Cefalù, Palermo, Sicily, Italy

£113,171 *  [€130,000]

1 Bed House for sale

Cefalù, Palermo, Sicily, Italy

£113,171 *  [€130,000]

Property Details


  • Bedrooms: 1
  • Bathrooms: 1

Features


  • Double glazing
  • Flyscreens
  • Fence
  • Airport
  • Town centre
  • Sea
  • Shops
  • Beach
  • Train station
  • Supermarket
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Full Description


A renovation project with real promise in one of Sicily’s most famous coastal towns, Casa Ignazia is found in the Kalura district of Cefalù, just twenty metres from the sea.

CHARACTER THAT SHINES IN THE MORNING SUN

Part of a historic coastal building divided among several owners, Casa Ignazia is arranged over two floors. The first-floor apartment has a bright bedroom with two windows, a living area with kitchen and an east-facing balcony that fills the rooms with morning light. The exterior is finished in attractive exposed stone, with a small enclosed garden.

Upstairs in the attic, original wooden roof trusses present a striking architectural feature waiting to be revealed by a considered renovation. On the ground floor, two further rooms of around 20m² each provide scope to expand the home into a generous two-level layout. One has its own independent entrance, and both could be connected internally to create a proper kitchen and living area below.

RIGHT BY THE BEACH KNOWLEDGEABLE LOCALS FAVOUR

The small rocky coves of Kalura are a well-kept secret. Many visitors to Cefalù never discover them, while the locals head here to escape the crowds in high season. The beach catches the morning sun and the water is clear and sheltered. Several hotels, bars and restaurants are within a short walk, including the Michelin-noted Il Capone at the five-star Hotel Le Calette.

A lovely twenty-minute stroll past the lighthouse takes you into the heart of Cefalù, with its medieval streets, Arab-Norman cathedral, atmospheric piazzas and famous golden beach. You can park right outside your front door, too, which is a real advantage over the old town. The Madonie Natural Park is twenty minutes inland, and Palermo’s international airport about an hour to the west.

A RENOVATION PROJECT THAT MAKES FINANCIAL SENSE

A full renovation, from roof replacement to new systems and finishes, is estimated at €70,000 to €110,000. The total investment, including purchase, would still be well below the going rate for a finished home in this location. Demand for summer holiday rentals in Cefalù is strong, making this an attractive prospect for a buyer who wants a coastal retreat that can also earn its keep.

Additional rooms within the same building may become available in the future, offering the chance to grow the property further.

FOR A FULL DESCRIPTION OF THE PROPERTY PLEASE VISIT OUR WEBSITE
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Map may not show exact location

This property listing (ref: 86909520) is an advertisement supplied by Property in Sicily - Int Real Estate Agency and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8705 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.