Three Level building INCLUDING ROOF TERRACE

Paratia Puglia Region of Southern Italy - 120- year old building to be converted to Three Hotel Apartments + Managers Residence & Roof Terrace - Total Renovated Price with Furniture set up for rental Boutique Hotel of only Aud350,000 (refinanced in12 months Italian Bank)

1. Secure Property $20,000 2. Deposit 2 + Costs $40,000 3. Settlement & Transfer Title $218,000 4. Renovation & Furnishing $72,000

Ground Floor Hotel Apartment 1 First Level Hotel Apartments 2 & 3 Second Level Roof Top Terrace

Set in the traditional street of the Ancient Town of Parabita

150m2 Roof Terrace

Roof Top terrace for entertainment and Al Fresco dining looking over the Historic Village of Parabita. Distance Ocean views

Returns in excess of 12% after interest and Italian Taxation

On the "Heel of Italy" Income from Three separate Apartments makes this Property a very high return investment - Also up to 20 weeks per year own use can be achieved

Large Floor areas of total of 250m2 on Two Levels + Roof Terrace

Building has two separate entrances from Street Level and great for Tourist Rental

Traditional Architecture with Catheral Ceilings

Large Office level to be converted to big Hotel Apartment (Studio)