Editions:  Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland
Advertisement

Gallery: The Local's Property of the Week

Share this article

Gallery: The Local's Property of the Week
Sirene island, off the coast of Sicily, has "plenty of scope for development". Photo: Vladi Private Islands
18:04 CET+01:00
Property developers take note: two islands are up for sale in Italy, one in the north-east and the other off the coast of Sicily.

Let’s start with the southern part of Italy first: here you’ll find the "mythical" Sirene, an egg-shaped island in the Bay of Mazzaro, off the coast of Sicily.

Agents at Vladi Private Islands say the paradise, which is on the market for €2.3 million, is “surrounded by sun-speckled sapphire waters” and is ripe for development.

The island also comes with a marina and two farm buildings that “could easily make way for a luxury villa”.

In Friuli-Venezia Giulia, a region in the north-east of Italy on the Adriatic coast, the pricier Isola Ravairina is also up for sale.

The island, on the market for €3m, is located in a lagoon, minutes by boat from the city of Grado and comes with a “lot of tourism potential” due to its restaurant, which in earlier times is said to have “thrived” when it was open, and two apartment buildings that could be developed.

There is also a small harbour and a fish farm.

CLICK HERE to take a look at the islands of Sirene and Ravairina.

The good news about these islands is that their sale does not come with a “right of first refusal” clause, a quirk in Italian property law that would allow the Italian authorities to overturn the purchase and buy the island themselves for the same price.

Michael Harte, a businessman from New Zealand, had his Italian island dreams dashed in January when the state used the right to buy back Budelli, part of the national park that makes up the Maddalena archipelago near Sardinia.

Harte, from New Zealand, has had the €2.94 million he paid for the island refunded.

For more details about Sirene and Ravairina and to contact an agent at Vladi Private Islands, click here.

Don't miss a story about Italy - Join us on Facebook and Twitter.
 

Get notified about breaking news on The Local

Share this article

Advertisement

From our sponsors

The Swedish university tackling the challenges of tomorrow

Ranked among the world's best young universities in the QS Top 50 Under 50, Linköping University (LiU) uses innovative learning techniques that prepare its students to tackle the challenges of tomorrow.

Advertisement
Advertisement
Jobs
Click here to start your job search
Advertisement
Advertisement

Popular articles

Advertisement
Advertisement