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Elegant B&B in Siracusa city center

House, Buy | Italy, Sicily, Siracusa Noto, Siracusa città
Asking price-Icon
690,000 EUR
Approx. 761,346 USD
Asking price
Bedrooms-Icon
8
Bedrooms
Bathrooms-Icon
7
Bathrooms
Total Surface Area-Icon
3,875.01 sqft
Total Surface Area
Asking price-Icon
690,000 EUR
Approx. 761,346 USD
Asking price

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What you should know about this house


Amenities and special features of this house

is commercial building of around 360 sqm was renovated in 2017 by the current owners, who were able to redesign the structure with a unique and charming style. The building spreads over three levels: ground floor, first floor and a second attic floor with terrace and storage room.
The ground floor houses a B&B called Corte Sicula while the owners use the apartment located at the first floor as a private residence.
The property opens to guests with a large and bright entrance on the courtyard located at the center of the building, used both as a meeting place between guests and owners and as a breakfast area in the morning. In this common space converge the entrance of all the five suites with bathrooms of the B&B with an average value per bedroom of around 100 euros.
At present the occupancy rate is around 240 days with a net average profitability of around 6/7%.
The apartment on the first floor, used by the owner as a private residence, is composed by: living room, kitchen, master bedroom, two more bedrooms and two bathrooms. With a view to investing, this space could be redesigned to create an additional 4 bedrooms with an increase of almost 50% on current profitability.
The structure, renovated with high-level materials, is equipped with all the facilities necessary to maximize the comfort of its guests in both summer and winter: air conditioning and natural gas to power the radiators in winter. An enchanting work was done to recover and bring back to life the stone from the internal walls, giving the building a warm and ancient style in alternation with the white of modern plasters.


Siracusa città: Location and surroundings of this property

The building is located in a central area of Syracuse, an Italian town of over 120 thousand inhabitants, capital of the homonymous province. Located on the south-eastern coast of the island, about 30 minutes by car from the airport of Catania, Syracuse has a long history. The city is developed partly on the island of Ortigia and partly on the mainland. Its geography is very varied, but it mostly borders on the sea, which surrounds it almost entirely. The climate of Syracuse is typical of the Mediterranean coastal areas (Mediterranean climate) and therefore rainy and mild in winter, warm but windy and dry in summer. In particular, the Syracusan climate is known to be dominated by the sirocco wind. Characterized by enormous historical, architectural and landscape riches, the city is full of valuable monuments and places of interest and is among the main cities of art in Europe. It owes its innumerable architectural and cultural testimonies to an equally rich and ancient history.


Contact your personal advisor
Engel & Völkers Siracusa
  • ALM Real Estate S.r.l.
  • License partner of E&V Italia S.r.l.
  • Marco Masoni
  • Via Roma 19
  • 96100 Siracusa
  • Phone: +39 0931 608 55
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ALM Real Estate S.r.l.
Via Teramo 9 - 95127 Catania

Energy Information


Commission Details

The brokerage fee (commission) is paid by the buyer in the amount of 4.00% + VAT of the purchase price of the property. The commission shall mature and become due at the time when the buyer becomes aware that his offer has been accepted by the seller and must be paid before the signing date of the preliminary sale agreement (compromise). ALM Real Estate s.r.l. (licensee of Engel & Völkers Italia s.r.l.) and its real estate agents have the right to immediately demand the payment of the commission.


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