June 13, 2014 4:07 pm

Five renovation projects for sale

From a group of stone buildings in Tuscany to a rare seafront plot overlooking the bay of Sol de Mallorca
Borgo, Arezzo, Tuscany, Italy, €700,000

Borgo, Arezzo, Tuscany, Italy, €700,000

Where On the eastern slopes of the Appenines facing the Adriatic, midway between Sansepolcro in Tuscany and Rimini in Emilia-Romagna, and two hours’ drive from Rimini international airport.

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IN Hot Property

What A group of stone buildings set in six acres of land, including a three-storey main house, two cottages with cellars, a hay barn with stables, an ancient well and a deconsecrated chapel. The buildings have not been lived in for the past 20 years.

Why The liveable area amounts to about 1,000 sq metres (10,763 sq ft) so the small estate is ripe for conversion into a large private residence, with a rough restoration guide of €1,000 per sq metre. Gaining planning permission is likely to take up to a year.

Who Cluttons Italy, cluttonsitaly.com, tel: +39 075 8450100

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Villa, Sol de Mallorca, Mallorca, Spain, €5m

Villa, Sol de Mallorca, Mallorca, Spain, €5m

Where Overlooking the bay of Sol de Mallorca on the southwest tip of Mallorca, six miles from the capital Palma and its airport.

What A rare seafront plot comprised of two properties – with a total footprint of 990 sq metres – and half an acre of land. One property has five bedrooms and the other has six bedrooms.

Why Planning consent has been granted to refurbish the villas in their current state, or to rebuild them as a seven-bedroom villa with one-bedroom staff accommodation at a reduced footprint of 780 sq metres. The properties have no water or electricity.

Who Mallorca Sotheby’s International Realty, mallorca-sothebysrealty.com, tel: +34 971 674 807

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Cliff Plantation, St John, Barbados, Caribbean, $1.2m

Cliff Plantation, St John, Barbados, Caribbean, $1.2m

Where In the parish of St John, on the eastern side of the island, six miles from Grantley Adams airport, where flights to and from the UK take about nine hours.

What A five-bedroom, plantation-style house dating back more than 300 years. The property has limestone walls, a wraparound patio, a pool and six acres of mature garden. There are also 10 stables, three paddocks and “overseers’ quarters”.

Why Reduced last week from $1.6m, the property requires renovation to the kitchen, bathrooms, a guest bedroom and the overseers’ quarters.

Who Realtors Real Estate Sales, realtorsrealestatesales.com, tel: +44 207 467 5330

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Penthouse, 121 Greene Street, Soho, New York City, US, $9m

Penthouse, 121 Greene Street, Soho, New York City, US, $9m

Where In Lower Manhattan, south of Washington Square Park, between Prince Street and Houston Street, and near Spring Street Metro.

What A full-floor loft in an original cast-iron building featuring four other privately owned residential apartments. The apartment has open views, arched windows, and 16ft-high ceilings. With 4,000 sq ft of internal living space, there is enough room to create three or four bedrooms, plus a roof terrace of 2,800 sq ft.

Why Known as one of Soho’s best blocks, this is a rare opportunity to fashion an interior from scratch in the heart of the prestigious Soho-Cast Iron Historic District.

Who Sotheby’s International, sothebyshomes.com, tel: +1 212 431 2440

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Fairseat Farmhouse, Fairseat, Sevenoaks, Kent, UK, £950,000

Fairseat Farmhouse, Fairseat, Sevenoaks, Kent, UK, £950,000

Where In a rural hamlet, 26 miles southeast of London, 25 miles from Gatwick airport and 10 miles from Sevenoaks, where trains to London take 35 minutes.

What A three-bedroom, detached, period farmhouse with 2,300 sq ft of living space, original fireplaces and half an acre of garden, with laurel and rhododendron bushes and a paddock.

Why The owner has planning permission to extend and remodel the property, adding two bedrooms and two bathrooms to create an extra 900 sq ft of living space, a conservatory and a garage.

Who Jacksons Stops, jackson-stops.co.uk, tel: +44 1732 740600

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