Great investment!!! Loft with apartment in a private courtyard on the island of Murano.

Property in Murano on Calle Gerardo Sagredo, an area with very high elevation with an average sea level of 2.10 m. It was originally an old glass mill, now subject to approved change of use. Ground floor consists of a single room of 126 sqm with a height of 5 meters and 11 large windows. Exclusive courtyard of 70 sqm with a renovated annex of about 42 sqm! For the 126 sqm to be renovated, a project has already been approved by the Venice municipality for the construction of 2 apartments of about 60 sqm each for tourist use, or a single residential apartment, or a large open space for exhibitions or design studio. In the courtyard, you can plant trees or place a gazebo with tables, chairs, and deck chairs to relax after a day of vacation. An estimated restoration cost of about €140,000 exists for the realization of the 2 tourist apartments, as a restoration intervention is still active, completed with the annex currently inhabited by the owner. The annex consists of a single open space with industrial windows, a full bathroom, a walk-in closet, and a small mezzanine for luggage or spare linen. Heating with 3 radiators plus towel warmer in the bathroom, air conditioning, and a complete kitchen. In the annex, it is already possible to live or rent out (obtaining a profit), while continuing the restoration of the 126 sqm for tourist use, which is already equipped and compliant with septic tanks. Alternatively, a residential apartment can be created in the 126 sqm and the annex rented out. Asking price for the entire property, in its current condition: €279,000 negotiable!

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