On sale is an investment project in Lombardy for the sale of a prestigious residential complex overlooking the picturesque Lake Iseo.
A plot of 50,000 m2 with panoramic views is located at an altitude of 750 meters above sea level on the shores of the beautiful Lake Iseo, which, due to its natural beauty, is rightfully considered the pearl of the north of Italy.
Within a radius of 100 km there are 7 objects included in the UNESCO World Heritage List. Lake Izeo, also called Sebino, is surrounded by mountains, has an area of 61 km2 and is the fourth largest Lombardy lake and the seventh in Italy. It belongs to mountain water bodies and is located at the mouth of the Kamonik valley. In the center of the lake is the island of Montezola, the largest lake island in Europe, next to two smaller islands – Loreto from the north and the island of St. Paul from the south.
The reasons why it is profitable to buy real estate for permanent residence or rest on Lake Iseo:
Project Description
A project approved by the Municipality with a building permit was received, according to which it is possible to implement 20 panoramic buildings with 83 apartments of energy class A, living area 4,436 m2 (ground floor 3,733 m2 + residential attics 703 m2), as well as attic utility rooms of 948 m2, balconies 1,026 m2, gardens and terraces, 92 garages and outdoor parking spaces, panoramic pools, spa and fitness center.
The duration of the project is 24 months + 6 months for preparatory work. The distance to the lake is 3 km, you can go down to the asphalt road. Within walking distance is a small ancient town with everything necessary – shops, a pharmacy, medical facilities. In its structure, the project in Lombardy resembles Ravello on the Amalfi Coast.
Current state
Permits are valid until 2022. Projects have been developed for the implementation of initial urban work. Architectural projects for implementation have already been presented, it is only necessary to obtain licenses. Existing projects are subject to change according to customer wishes. Assistance in lending in leading Italian banks. Equity is possible. For persons interested in the implementation, it is possible to formalize the Italian residence permit under the Investor Visa program.
Land price with project and building permits € 5,000,000.
Information updated: 11/27/2022.