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Borgo del Torchio Apartments Lake Garda ITALY [ SOLD ]  Region: Lombardy  Price: EUR € 328 590  Bedrooms: 3  Property Type: Apartment  Development State: Off Plan

Features: Garden, Pool, Parking, Terrace / Deck Amenities: Tennis Court, Shops, Bars & Restaurants, Near Ski Resort, By a Lake, Near Town Description:
Unusually this is a speculatively built project so completion of the whole development is expected within a matter of a few months. Forget all about astronomical capital appreciation or unbelievable rental guarantees and consider this stunning new project that stands alone for the quality of build and the fantastic location. The gated community comprises 161 apartments, sympathetically planned so that no two look alike but all are finished to exacting standards. Beams and timber-clad vaulted ceilings, quality sanitary ware, expensive double glazing and air conditioning as standard (kitchens are not included). Outside, there are meticulously landscaped gardens and three excellent pools, plus tennis courts, five-a-side football, BBQ and pleasant communal areas

Distance to Airport: 30 minutes from Bergamo Airport
Distance to Beach: 700 metres from Lake Garda and a small beach
Distance to Skiing: 2 hour drive
Completion Date: Few months

MONEY MATTERS
Of course it does - and whilst we would not claim that this a "get rich quick" money maker for the true investor, we are convinced that Italy is featuring more and more strongly in the demands of the lifestyle buyer. The longer term consequence is likely to be an attractive and sustainable appreciation of property values currently running at 6-8% but likely to reach double-figures in the not too distant future. Equally there is great opportunity to derive good rental income from both the internal Italian market and also from the UK. So, all in all, we still believe that this is a sound medium-term investment providing significant security from a mature market.

The small town of Manerba del Garda is located on the western edge of Lake Garda and is incredibly well placed to explore the delights that this fantastic region offers. Situated just 30 minutes from Bergamo airport (serviced by Ryanair) and an hour from Milan (Easyjet) the development is located in an exclusive residential position to the edge of a quiet but well appointed village and just 700 meters from the shores of Lake Garda and a small beach. Lake Garda not only is a superb destination catering for all water sports, but is also the epicentre of Northern Italy where many other prominent tourist spots can be reached. As well as Milan, the romantic city of Verona (the birthplace of Romeo & Juliet) is only 45 minutes away, Venice and the Coast is about 90 minutes distance and the Dolomites (for skiing) is just under a 2 hours drive. Brescia, the nearest town, is 10 minutes away.

A short walk from the pituresque shores of Lake Garda these traditional style apartments offer a relaxed style of living in harmony with the surruondings. Borgo del Torchio is located on the borders of the park of the Fortress of Manerba, very close to Porto Torchio. Local facilities are located nearby in the small town of Montinelle. Residents have the use of 3 pools, tennis and football courts, hydro massage area, a BBQ area and plenty of outdoor communal areas. Ground floor apartments have their own garden and porch, while first and second floors provide terraces and towers with panoramic views of the area.

The gated community comprises 161 apartments, sympathetically planned so that no two look alike but all are finished to exacting standards. Beams and timber-clad vaulted ceilings, quality sanitary ware, expensive double glazing and air conditioning as standard (kitchens are not included). Outside, there are meticulously landscaped gardens and three excellent pools, plus tennis courts, five-a-side football, BBQ and pleasant communal areas.

STUNNING DEVELOPMENT
This stunning and exclusive development is due to be completed soon and therefore provides purchasers with the rather unique opportunity to see exactly what they are buying before making the commitment. The build quality is exceptional, copper rainwater goods provide a clear indication of the attention to detail regardless of cost, but elsewhere expensive UPVC double-glazing is standard and all homes feature beams and timber-clad vaulted ceilings. Externally the landscaped gardens are a delight with pleasant paved walkways linking the homes to the excellent on-site facilities. Some apartments have a spiral staircase leading to a separate studio area contained within the underbuild, others have additional storage areas or staircases to small roof terraces. A limited number of garages are available at an extra cost. Please note that it is often found in Italy, kitchens are not included in the price, giving the buyer a free hand in the design and quality. A budget of between £4,000 and £10,000 would provide an extensive choice to include appliances. This is a gated community with superb landscaping and manned 24 hour security.