Castle 400 м² in Gallipoli, Italy

532 060 $

1 330 $ /м²

4OgQU

Castle 400m² in Italy, Gallipoli. Priced at 532060$ rent photo- #1

Castle 400m² in Italy, Gallipoli. Priced at 532060$ rent photo- #2

Castle 400m² in Italy, Gallipoli. Priced at 532060$ rent photo- #3

Castle 400m² in Italy, Gallipoli. Priced at 532060$ rent photo- #4

Castle 400m² in Italy, Gallipoli. Priced at 532060$ rent photo- #5

Area

400 м²

Bedrooms

Bathrooms

Accommodation

Ref. GSF-9

In an exclusive location, with an exceptional panoramic view of the sweet waters of Gallipoli, in an enviable position, just a few meters away. from Lungomare Galileo Galilei, we sell a wonderful accommodation facility with a historical activity of over 50 years.
The building, located in a side street of Corso Roma, is composed of: reception, hall with bar and restaurant, (kitchen equipped with 6 burners, cold rooms and various equipment)
two floors above ground with rooms and mini-apartments equipped with every comfort, television, mini fridge, external terrace with outdoor showers and air conditioning system with independent heat pump in all rooms. (Six rooms on the first floor and four rooms on the second, all rooms include a toilet). All the verandas serving the rooms enjoy the charm of breathtaking and enchanting views with the sea in sight. A staircase leads to the equipped terrace with 360 degree panoramic views serving all accommodations.
The hotel is in good condition and could be enhanced by small renovation works at a contemporary level.

Gallipoli is a town in the south of Salento, surrounded by a crystalline and scenic sea with shades between blue and emerald green, it extends for several kilometers and is surrounded by lush Mediterranean scrub that offers a unique landscape of rare beauty.
Further richness, Corso Roma with restaurant and commercial activities, the fairy-tale historic center with narrow streets, full of shops, refreshment areas of all kinds and daily demonstrations with shows and street artists who bring joy and an air of celebration at all hours of the day and at night, the equipped beaches are spectators of extraordinary sunsets which make them a daily event, fundamental characteristics for investing in an accommodation facility.

For more information and to visit this property, contact [hidden information] or [hidden information]

Services and facilities

Balcony or terrace

Air conditioner

Additional details

Property type

Elite

Object type

Castle

Price

532 060 $

Characteristics

Balcony or terrace

Air conditioner

Sea View

FAQ

In Italy a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Gallipoli; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Banks in Italy finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

A title search at the land registry of Italy takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Yes. Rental income tax is 5–25% depending on the regime. In Gallipoli short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Yes. An inspection costs about 0.5–1% of the price (532 060 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

A typical transaction runs 30–90 days, averaging 45 in Gallipoli: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).