Magnificent Palazzo with Sea View in Monopoli

Key features

HISTORIC building to develop

Attractive PRIME location in Monopoli Old Town

Roof terrace of 250 sqm with panoramic SEA VIEW

Fantastic INVESTMENT OPPORTUNITY: could create 12 Apartments

Three floors with a total of 1,240 sqm

48 km to Bari

Positioned in the middle between the two airports of Puglia, Bari and Brindisi, serving many international airlines.

PROPERTY DESCRIPTION:

A one-of-a-kind investment opportunity to own a part of Italian history!

For sale in the medieval harbour town of Monopoli, today’s most vibrant town on everybody’s lips in Puglia, is this imposing aristocratic Palais in the very centre of the charming Old Town.

12 apartment units could be created in this magnificent palazzo, which is located almost adjacent to the town hall in the pedestrian zone, and only 2 minutes walk to the public parking in the most central square.

The PALAZZO GARIBALDI dates back to the 1600s, to the time when the city was founded and was under Spanish rule. It was inherited by the current owners a decade ago and cleaned of its plasterwork.

The Palazzo spans over three floors with a total of 1.240 sqm and has a stunning roof top terrace with a panoramic view from the church spires to the seaside.

Technical:

2 water cisterns and 1 well

Total surface area: 1.240 sqm, made up by:

Ground floor: 261 sqm

First floor: 292 sqm

Second floor: 314 sqm + balconies

Mezzanine floor: 34 sqm

Third floor: 246 sqm + 63 sqm veranda

Basement: 90 sqm

Roof top terrace: 250 sqm

DISTANCES:

48 km to Bari, the capital of Puglia
45 mins to Bari International airport
45 mins to Brindisi airport

LOCATION:

Guarding the entrance to Monopoli’s ancient harbour, the 16th-century Castello Carlo V is an impressive sight. It’s one of the most iconic places to visit in Monopoli and offers incredible views of the old city and out to sea. For centuries, the castle was used as a jail and a defensive fortress, but today it’s open to the public and serves as a museum.

Monopoli is blessed with a wonderful coastline and there are plenty of lovely beaches to choose from. With calm, crystal-clear waters and year-round sunshine, it’s a great place for taking a dip in the sea or just relaxing in the sun. Cala Porta Vecchia, for example, is located on the southern edge of the old town. It’s sheltered inside a small bay and has a stunning backdrop with iconic views of the city walls and the whitewashed old town.

One of the most impressive things to see in Monopoli, is the Cathedral Maria Santissima della Madia which dates back to the 12th century. It was constructed near the site of an ancient Roman temple and took over 300 years to build from start to finish.

The area around Monopoli is a patchwork of ancient villages, fortified farmhouses, rock churches, historical mills, and olive groves. It’s also fairly flat, making it a perfect place to explore by bike.

From Monopoli, the beaches of the Adriatic Sea can be easily reached in approximately 15 minutes. Capitolo and Savelletri are two seaside places with many beaches, restaurants and cafés. Bari is the commercial capital city with 250 000 inhabitants and offers the best shopping, a grand opera house called the Petruzzelli teatro; a large medical city centre with many museums. The property has the advantage of being not far from main areas of world interest such as the amazing mile-long caves of Castellana; the archaeological excavations of the Roman Egnatia by the Adriatic coastline; the Trulli houses of Alberobello- a UNESCO World Heritage site: the beautiful white town of Ostuni, located on top of a hill with fantastic sea views; the medieval town of Oria; the wealthy baroque town of Martina Franca; the petite and charming Cisternino, the Zoo Safari Park of Fasano (lots of fun for children and adults alike); the caves of Polignano a Mare; Grottaglie, famous for its ceramics and old stone carvings; and last but not least the famous baroque city of Lecce which is called the Florence of the South.