ITALY PROPERTY SALE

Italian Property for sale by the property owners themselves

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Borgo Ragoni- A hamlet of Italian property for sale 

This ancient Italian borgo (hamlet) for sale was owned until recently by the local Count and whilst it is currently in a state of disrepair, of all the property on Italy-property-sale.net, this is potentially the most impressive collection of buildings. Set in a comanding position in the unspoilt bucolic hilly landscape of Le Marche, this Italian borgo for sale is in need of a project and some TLC to restore the property to its' former glories. This Italian property nestles between the two well preserved medieval towns; Camporotondo di Fiastrone and San Ginesio and has incredible views of the Sibillini Mountains. It currently comprises of seven houses and homes of various sizes and over six acres of land. Among the buildings there is also a 15th Century little rural chapel (Oratorio di S. Antonio) which has been restored and brought back to its Franciscan simplicity and medieval flavour.

The Palazzo Ragoni - A Le Marche Count's 500 year old Summer house in ItalyHamlet restoration project Italy

The main building of the Italian hamlet is a rustic palazzo built in thick stone on three floors, with an overall surface of over 1000 sq meters (that's about a 25 bedroomed Italian house!) It was built at the beginning of the 16th C. by the Ragonis, an aristocratic family who can be traced back to the time of William the Conqueror.

In the course of the 20th C. the Palazzo Ragoni became home to a number of peasant families working for the Ragonis and was restored one last time in 1954 by Count Francesco Ragoni, only to be soon abandoned by all who lived in it, following the agricultural crisis that hit the Italian rural world in the '50s. It was Count Ragoni who decided to plaster over the stone building, in line with the unfortnate trend of the time, retaining a frescoed apartment for his family as a summer residence.

Hamlet for sale Le Marche Italy

Approved plans to revive this historic Le Marche property

It is now our intention to bring this once stately Italian property, back to life. The idea is basically to restore the original architectural features of the16th C. historic Palazzo, which is listed, and upgrade the living space to meet 21stC demands. Whilst the other buildings should be reconstructed and may be repositioned, the Palazzo's original 16th C. stonework will be exposed and retained, its interiors redesigned, but its shape and position should remain very much the same. This Italian investment property is for a serious buyer interested in restoring/rebuilding an old Italian hamlet in a beautiful setting and who would be happy to take forward our plans, agreed with the local authorities, that incorporates both the restoration of the Palace and the reconstruction of five stone houses in the rural Le Marche style.

Borgo Ragoni an Italian investment propertyItalian hamlet borgo for sale le marche

The overall Italian property to be restored or rebuilt will be of some 2300 square meters consisting of six properties in total, one of over 1000 sq meters and another five houses of over 200 sq meters each. This layout would ideally suit an upmarket hotel with a restaurant, a tourist village of quality, an elegant sheltered home for retired people, an exclusive residential area with plenty of parking space and a swimming pool, to let or sell in units, a property to be used for timeshare investments, or similar

Price €550,000

Please contact us for more information or to view the property

Property Restoration Help

Please visit our help & advice page, our page explaining the legal process for buying a house in Italy, our Italy property purchase tip sheet and our calculator to estimate Italy property renovation costs