SP19, OLMEDO SS, ITALY
Building for Sale in SP19, Olmedo SS, Italy USD 2,801,681
PROPERTY DETAILS
DESCRIPTION
In Olmedo, just a 10-minute drive from the center of Alghero, Vanacore Immobiliare offers for sale an exclusive real estate complex known as "Il Castello" (The Castle)—a unique property nestled in the tranquil Sardinian countryside and surrounded by approximately 15,000 square meters of land. The property is easily accessible via well-maintained, paved main roads that lead directly to the complex.
The estate features a striking castle built from local trachyte stone, distinguished by its towers, spires, and captivating architectural details, with an interior surface area of approximately 400 square meters. The main structure is complemented by a spectacular panoramic terrace spanning about 450 square meters, an internal elevator, and a large parking area with a capacity for approximately 150 vehicles.
Adjacent to the castle is a second building comprising 9 unfinished apartments—each measuring approximately 55 square meters—offering a potential capacity for around 45 guests. Furthermore, there is an approved permit for the construction of a swimming pool, a feature that further enhances the property's value and potential.
The entire complex is connected to the public water supply and also benefits from an independent water provision system.
Given its scale, expansive outdoor spaces, and the unique nature of the architecture, this property is perfectly suited for a variety of uses, including a boutique resort, a venue for weddings and exclusive events, corporate meetings, receptions, private parties, or experiential tourism.
Its strategic location allows for quick access to Alghero-Fertilia Airport, the port of Porto Torres, the beaches of the "Riviera del Corallo" (Coral Riviera), and numerous natural and archaeological attractions throughout northwestern Sardinia. A rare and highly prestigious offering, ideal for investors and entrepreneurs looking to develop an exclusive project in the heart of Sardinia.
BUILDING DETAILS
FEATURES
AMENITIES
NEIGHBORHOOD · CITTà METROPOLITANA DI SASSARI · ITALY · OLMEDO · SARDEGNA
S'Ulumedu/Olmedo is a village in Sardinia.
LOCATION
INVESTMENT SNAPSHOT
PRICE / M²
$7,004
Verdict: partial
Test this investment Italy financing profile ✎ Edit
Enter a monthly rent above to see cash flow, yield and return.
Cash flow / month
Incl. equity build: /mo
Down payment
Mortgage / mo
Equity build / mo
Cap rate
Cash-on-cash
Gross yield
Estimates only — not financial advice. Prefilled with typical italy financing profile figures — adjust to your own scenario. Rent estimated from area market rates (Italy (country average — no local data for S'Ulumedu/Olmedo)), adjusted for a property priced 211% above the area average and location/building factors (City location +4%, Features: view, A/C +5%). Note: the asking price is 211% above the area average but location and building data only support a ~9% rent premium; the estimate follows the fundamentals, so the yield reflects the price being asked.
Price context
This listing: $7,004/m² — 218% above the median of $2,205/m² across our 33 listings in this area.
Reading a price above the area level: a premium per m² is typically carried by location and quality factors — waterfront or views, walkable transport, plot size, recent renovation, and scarcity of the property type. Worth verifying on viewing: condition and renovation year, outdoor space, and how the view compares to similarly priced alternatives.
No map data found nearby for: public transport, water proximity, schools, daily amenities, parks & recreation — worth asking the agent about these.
Positioning within our own current listings in the same area — asking prices per m², not an appraisal or market valuation. Size mix, condition, and plot differ between properties.
Investment factors
What to look for when judging a property's investment potential:
- ◦Public transport
Walkable rail or bus access consistently supports resale value and rentability. - ◦Water proximity
Lake, river, or sea frontage and water views command lasting price premiums in most markets. - ◦Schools
Nearby schools widen the tenant and buyer pool to families and stabilise long-term demand. - ◦Daily amenities
Groceries within walking distance is a top liveability filter for both tenants and buyers. - ◦Parks & recreation
Green space nearby improves quality of life and supports value in dense areas.