In Via Vittorio Emanuele, 200 meters from Palermo's main Cathedral and opposite the historic Church of the SS Salvatore is for sale this entire imposing historic building of "Palazzo Cesar Colonna"

Palermo, Sicily, Italy

For Sale

€2,700,000

REF: 497137 €2,700,000


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Description

Apartment88In Via Vittorio Emanuele, 200 meters from Palermo's main Cathedral and opposite the historic Church of the SS Salvatore is for sale this entire imposing historic building of "Palazzo Cesar Colonna". The palace was named after Calogero Gabriele Colonna aIn Via Vittorio Emanuele, 200 meters from Palermo's main Cathedral and opposite the historic Church of the SS Salvatore is for sale this entire imposing historic building of "Palazzo Cesar Colonna".

The palace was named after Calogero Gabriele Colonna a In Via Vittorio Emanuele, 200 meters from Palermo's main Cathedral and opposite the historic Church of the SS Salvatore is for sale this entire imposing historic building of "Palazzo Cesar Colonna". The palace was named after Calogero Gabriele Colonna and Branciforti, Duke of Cesar .

This is a rare opportunity to buy a substantial historic building in the very heart of the bustling capital of Sicily. The entrance from Via Vittorio Emanuele is via a large wooden door, which leads to the main staircase through a covered passage from the first internal courtyard. On the ground floor, there are the rooms that were once used as a porter's lodge as well as rooms originally used as a stable.

The first floor, once the living area of the servants, has been transformed into 3 small apartments. Also on the first floor is a large "ballroom" with large balconies overlooking Via Vittorio Emanuele and a large terrace. The second floor (the noble floor) once owned by the Cesar family, is belived to have been used in the 1700's as an "elite's conversation meetings room".

A staircase then continues to the third floor and fourth floors. The Palace was part of a restoration project by the Sicilian Regional government. Part of that work can be seen as it was divided into several rooms with bathroom, lounges and common areas. The works have never been completed but all the systems such as the electrics, the water system, heating, water-fire system, telephone / internet system have all been tested and certified.

In addition, the wooden window frames and shutters, double glazing, attics and roofs have also been refurbished. Once completed, the building will be perfect for tourist accommodation, such as a hotel / luxury B&B, perfectly placed in the heart of the historic centre of Palermo. The Dolce Vita is your one-stop shop for all your Sicilian property buying requirements.

We have a selection of apartments and villas in all areas of Sicily to meet your personal tastes and budget. We are not agents ourselves, but work closely with a number of government accredited local Sicilian estate agents. We provide our professional services including Find a Property , negotiation and bi-lingual language support at no additional cost to what any buyer would have to pay a local agent when purchasing a property in Italy.

In effect, our customer focused, friendly and efficient bi-lingual service is free. Please contact us to see how we can make your Sicilian property ownership dreams come true. 2300sq meters
Apartment88In Via Vittorio Emanuele, 200 meters from Palermo's main Cathedral and opposite the historic Church of the SS Salvatore is for sale this entire imposing historic building of "Palazzo Cesar Colonna". The palace was named after Calogero Gabriele Colonna aIn Via Vittorio Emanuele, 200 meters from Palermo's main Cathedral and opposite the historic Church of the SS Salvatore is for sale this entire imposing historic building of "Palazzo Cesar Colonna".

The palace was named after Calogero Gabriele Colonna a In Via Vittorio Emanuele, 200 meters from Palermo's main Cathedral and opposite the historic Church of the SS Salvatore is for sale this entire imposing historic building of "Palazzo Cesar Colonna". The palace was named after Calogero Gabriele Colonna and Branciforti, Duke of Cesar .

This is a rare opportunity to buy a substantial historic building in the very heart of the bustling capital of Sicily. The entrance from Via Vittorio Emanuele is via a large wooden door, which leads to the main staircase through a covered passage from the first internal courtyard. On the ground floor, there are the rooms that were once used as a porter's lodge as well as rooms originally used as a stable.

The first floor, once the living area of the servants, has been transformed into 3 small apartments. Also on the first floor is a large "ballroom" with large balconies overlooking Via Vittorio Emanuele and a large terrace. The second floor (the noble floor) once owned by the Cesar family, is belived to have been used in the 1700's as an "elite's conversation meetings room".

A staircase then continues to the third floor and fourth floors. The Palace was part of a restoration project by the Sicilian Regional government. Part of that work can be seen as it was divided into several rooms with bathroom, lounges and common areas. The works have never been completed but all the systems such as the electrics, the water system, heating, water-fire system, telephone / internet system have all been tested and certified.

In addition, the wooden window frames and shutters, double glazing, attics and roofs have also been refurbished. Once completed, the building will be perfect for tourist accommodation, such as a hotel / luxury B&B, perfectly placed in the heart of the historic centre of Palermo. The Dolce Vita is your one-stop shop for all your Sicilian property buying requirements.

We have a selection of apartments and villas in all areas of Sicily to meet your personal tastes and budget. We are not agents ourselves, but work closely with a number of government accredited local Sicilian estate agents. We provide our professional services including Find a Property , negotiation and bi-lingual language support at no additional cost to what any buyer would have to pay a local agent when purchasing a property in Italy.

In effect, our customer focused, friendly and efficient bi-lingual service is free. Please contact us to see how we can make your Sicilian property ownership dreams come true. 2300sq meters
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Currency Exchange

Palermo, Sicily, Italy

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Italy do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Italy takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €2,700,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€2,700,000 £2,296,863 £2,366,658 £69,795
Property Price € €2,700,000
Minimum cost in the last six months £2,296,863
Maximum cost in the last six months £2,366,658
Fluctuating exchange rates over the last six months could have increased the cost of this property by £69,795

Palermo, Sicily, Italy

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Italy do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Italy takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €2,700,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€2,700,000 £2,296,863 £2,366,658 £69,795
Property Price € €2,700,000
Minimum cost in the last six months £2,296,863
Maximum cost in the last six months £2,366,658
Fluctuating exchange rates over the last six months could have increased the cost of this property by £69,795

The exchange rate on the day you make an offer on your property in Italy will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £69,795 more.

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