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Liberty Sea View Villa — Bari

Via Mogadiscio 3

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Overview

This magnificent Liberty-style villa, built in the early 20th century, stands as a testament to Bari's elegant architectural heritage. Located on Via Mogadiscio in the sought-after Marconi - San Cataldo neighborhood, the property offers breathtaking sea views across the Adriatic. The main building spans 272 sqm across multiple levels, complemented by a 79 sqm outbuilding, a 62 sqm warehouse, and a 28 sqm garage — totaling an impressive 441 sqm of built area. The villa features 5 spacious bedrooms, 3 bathrooms, and classic period details including an attic, balconies, terraces, and a private garden. With its independent heating system and generous outdoor spaces, this property represents a rare opportunity to restore a piece of Puglia's architectural history while creating a premium hospitality destination.

Current State

The villa is in its original early 20th-century condition, requiring complete refurbishment. The structure is sound but all systems (electrical, plumbing, heating) need modernization. Interior finishes, flooring, and fixtures need full replacement. The outbuildings require conversion for guest accommodation. The garden is overgrown but offers excellent potential for landscaping.

Target State

After renovation, the villa will be transformed into a luxury boutique accommodation with 5 elegantly appointed suites, each with en-suite bathrooms. The Liberty architectural details will be meticulously restored while incorporating modern amenities including smart climate control, high-speed WiFi, and premium furnishings. The outbuilding will be converted into additional guest space with a private lounge. The garden will feature Mediterranean landscaping with a panoramic terrace for guests to enjoy the Adriatic views. The property will operate as a premium short-term rental targeting discerning travelers seeking authentic Pugliese experiences.

Points of Interest

📍

Spiaggia Pane e Pomodoro

1.2 km

📍

Bari Vecchia (Old Town)

3.5 km

🏛️

Teatro Petruzzelli

3.0 km

📍

Lungomare Nazario Sauro

2.0 km

✈️

Aeroporto di Bari-Palese

12 km

✈️

Stazione Centrale Bari

4.0 km

📍

Fiera del Levante

1.5 km

✈️

Porto di Bari

4.5 km

Financial Details

Purchase Price675.000 €
Renovation Cost350.000 €
Other Costs (Notary, etc.)75.000 €
Total Investment1.100.000 €
Timeless Puglia Ownership20%
Estimated Annual Revenue396.000 €/yr
Estimated Annual ROI36.4%
Payback Period2.6 years

ROI includes 4% annual value growth. Payback also includes a 16% value uplift after renovation and conversion.

Funded20%

Investment Simulator

20.000 €880.000 €

20.000 €

Your Ownership Share

1.8%

Your Estimated Annual Return

4409 €

Estimated Annual ROI

26.0%

Payback Period

3.2 years

Your Complimentary Days

3 nights

You can book these complimentary nights any time of the year. Extra nights can still be used based on availability.

Operating assumptions

Gross Revenue

396.000 €

Occupancy Rate

68%

Average Stay

4.2 nights

Average Rate/Night

319 €

Booked Nights/Year

1241 (248/room)

Cost Breakdown

-143.352 €/yr

Management Fee (10%)39.600 €
Cleaning (5%)19.800 €
Utilities (3%)11.880 €
OTA Fees (Airbnb, Booking) (16.2%)64.152 €
Maintenance (2%)7920 €
VAT included in revenue (10%)36.000 €
VAT included in expenses (22%)-25.850 €
Net VAT payable10.150 €
Net Revenue (after VAT)242.498 €/yr

Flexible Ownership Models

Both direct ownership via notarial deed and transferable tax-free shares via private contract are available.

Learn more