trullofunded

Trullo Antico

Via Monte San Michele, Alberobello

Before / After

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After

Gallery

Before

After

Before

After

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Overview

A rare complex of interconnected trulli in the heart of Alberobello, UNESCO World Heritage site. The project involves conservative restoration of 4 trulli to create 4 independent living units, each with its own characteristic cone.

Financial Details

Purchase Price220.000 €

Renovation CostIncludes renovation, technicians, and furniture. We allocate extra budget: at completion, any unused funds are returned to investors. If we go over, Timeless Puglia bears the cost initially and repays from initial bookings.80.000 €

Other Costs (Notary, etc.)20.000 €

Total Investment320.000 €

Timeless Puglia Ownership20%

Estimated Annual Revenue160.000 €/yr

Estimated Annual ROI12.8%

Payback Period6.2 years

ROI includes 4% annual value growth. Payback also includes a 0% value uplift after renovation and conversion.

Funded100%

Investment Simulator

Your Investment

20.000 €256.000 €

20.000 €

Your Ownership Share

6.3%

Your Estimated Annual Return

6124 €

Estimated Annual ROI

34.6%

Payback Period

2.9 years

Your Complimentary Days

10 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

160.000 €

Occupancy Rate

69%

Average Stay

4.2 nights

Average Rate/Night

159 €

Booked Nights/Year

1007 (252/room)

Cost Breakdown

-57.920 €/yr

Management Fee (10%)16.000 €

Cleaning (5%)8000 €

Utilities (3%)4800 €

OTA Fees (Airbnb, Booking) (16.2%)25.920 €

Maintenance (2%)3200 €

VAT included in revenue (10%)14.545 €

VAT included in expenses (22%)-10.445 €

Net VAT payable4101 €

Net Revenue (after VAT)97.979 €/yr

Flexible Ownership Models

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

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