Palace in the historical center, Ortelle, Italy

Price on request

Total area
1,000 m²
Land area
200 m²
Bathrooms
7

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Features

Total rooms: 15
Built in 1760
Balcony or terrace
Swimming pool
Garden
Car parks

The Palace in the historical center, the main square of Ortelle, dates back to 1760 and is a part of a well-known noble family, who built the palace.

The whole structure is in perfect condition, even while maintaining the proper functioning of the internal fixtures and someone outside.

Interior

Palace is on two levels with a covered surface of 400 m², between the ground floor and the first floor, in addition to cellars dug into the tuff, where even today you have all the equipment for crushing and processing of grapes, having a surface area of 120 m².

The palace consists of an entrance on the square, and a secondary side street, both flowing into a central atrium, various rooms with frescoes and mosaics of the time, kitchens and rooms for the servants on the ground floor.

The first floor is composed of several rooms, many of which are painted with tile mosaics.

Location and nearby infrastructure

Ortelle has located about 40 km from Lecce and 93 km from the Airport of Salento (Brindisi).

Property on the map

Location right down to the building, street or city
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If this property wasn’t for you, take a look at other houses for sale in Italy.

You can see more houses for sale in Ortelle elsewhere on our website.

How to buy property with Tranio

Enquiry

Send us an enquiry with an approximate description of the property or investment project you’re interested in.

Meeting the partners

After clarifying your enquiry, we will introduce you to our partners and/or local agents.

Offer selection

We will help you to select suitable options. Tranio does not charge a commission for this — the property price remains the same as if you contacted our partner directly.

Viewing tour

You then view the property or properties you have chosen. Our partners or agents from Tranio's European offices will meet you in situ.

Transaction closure

Having chosen the best property, you will sign the sales or investment agreement (for development).

FAQs

Can I get a mortgage abroad?

It depends on the country. For example, German banks willingly offer mortgages to foreigners at 1.5-2 % per annum with LTV up to 70%. Spain offers less favourable terms: the minimum rate for foreigners is 2.5% per annum. The situation is different in Greece: although the law does not prohibit banks from issuing loans, in practice, Greek banks don’t issue loans to local nor foreign property buyers. You can learn about the mortgage terms in your preferred country by contacting Tranio’s local agents.

How does the purchase procedure work?

The purchase procedure depends on the country where you buy property. Generally, after choosing a property you need to sign a preliminary agreement with the seller and carry out a due diligence of the property by checking the relevant documents and the property's technical condition. After that, all parties sign the sales agreement and the notary registers the transaction. As a rule, the purchase registration costs amount to approximately 10% of the property price.

Can a residence permit be obtained by buying property?

In some countries it is possible. Residence-for-property purchase programmes are known as Golden Visas programmes. Greece, Spain, Latvia, and Portugal offer the most popular Golden Visas in Europe. The Greek residence permit is the cheapest and can be obtained by buying a property worth at least €250,000, while organising all of the documents costs about €19,000. Certain countries offer citizenship to property buyers — for example, an investor can get their hands on a Cypriot passport by buying a property worth at least €2M.

How does Tranio make money if your service is free for the clients?

We share the commission, which the buyer or the seller (depending on the country) pays to our partners — foreign real estate agencies. The price of this service is the same as if you contacted the agency directly — this is an important condition and applies to all of our partnership agreements.

Who guarantees the transaction security?

The transaction security is guaranteed by the notary who draws up the sales agreement and checks the information on the previous and current owners of the property, any outstanding restrictions, mortgage, and third-party encumbrances. Tranio is not responsible for the parties involved in the transaction.

Palace in the historical center, Ortelle, Italy

Interior

Location and nearby infrastructure

More properties

Similar listings

How to buy property with Tranio

Enquiry

Meeting the partners

Offer selection

Viewing tour

Transaction closure

FAQs

Send the listing to yourself

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