Engel & Völkers
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A long hallway with blue walls, marble columns, and a gold chandelier. There are tables and chairs along the walls.

Prestigious 19th-century Historic Palace in the Heart of Lugo di Romagna

€350,000
  • ~1,500 m² Total surface

Description

In the heart of the historic center of Lugo di Romagna, we offer for sale a 19th-century noble palace of extraordinary charm and cultural value, with a total area of approximately 1,500 sqm. The property, of great representation, preserves original valuable frescoes, a testament to an era of refined architectural elegance. The large volumes, significant heights, and stately structure make this property unique in the local real estate landscape. The building is not subject to the Fine Arts Restriction, although it is protected by the Municipality with a type B restriction, an element that allows interesting margins for intervention while respecting the ancient context. The palace is spread over several levels and consists of multiple units, including a belvedere and two courtyards. The building requires significant restoration work, yet offers the opportunity for a tailor-made enhancement project, capable of combining heritage conservation and contemporary architecture. On the ground floor, there are two commercial units, an element that adds further interest in terms of functional mix and future enhancement. The property lends itself to becoming a prestigious residence, boutique hotel, charming accommodation facility, representative office, or cultural spaces, mixed residential/commercial project, or to be divided into high-level units. A broad-scope investment, ideal for operators, investors, or private individuals seeking a property of historical and architectural significance, to reinterpret and restore to its former glory, in one of the most central and sought-after locations in the city. A rare solution with extraordinary potential.
Features
BalconyGardenAttic
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Engel & Völkers Bologna MMC

Property ID: W-047N0O

Property details
  • Object type

    Apartment house

  • Condition

    Needs renovation

  • Number of Floors

    4

  • Total surface

    ~1,500 m²

Energy efficiency information
  • Energy certificate available

    In progress

    Location: Lugo, Emilia-Romagna

    Lugo di Romagna is a city with a subtle charm, which captivates over time and through its details. Its compact and orderly center revolves around the Rocca Estense and historical arcades, among stately buildings and glimpses that tell a long tradition of culture and good governance. It is a city to be experienced calmly, appreciated for its high quality of life, efficient services (hospital, libraries, schools, train station), and an authentic atmosphere that comes alive during selected events. Thanks to its strategic position between Ravenna, Bologna, and the Romagna Riviera, Lugo represents an ideal choice for those seeking balance, elegance, and solidity in a refined and unpretentious context.

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