Three-Bedroom Apartment in Historic Palazzo Ricci, Casoli
€89,500€1,492/m²
Casoli, Abruzzo, Italy
3
bedrooms
2
bathrooms
60 m²
interior
60 m²
plot
Apartment
property type
Yesterday
listed
The Habio take
AI summaryDiscover this three-bedroom apartment for fractional ownership in the Palazzo Ricci Private Residence Club, perfectly blending luxury with Italian heritage. Located in the charming medieval village of Casoli, Abruzzo, this residence offers an immersive lifestyle deep within Italy's rich culture and scenic beauty.
- historic
- investment
- luxury
Highlights
- Fractional ownership with minimum 5.5 weeks usage per year
- Part of a historic 18th-century palace
- Access to a luxury exchange network for holidays
- Comprehensive concierge services available
- Potential for rental income during unused periods
Worth knowing
- Construction expected until summer 2026
- Limited availability with just 14 residences
Good fit for: Ideal for buyers seeking a blend of luxury lifestyle and investment in historic Italy.
Lifestyle scores
- Beach
- 30
- Walkable
- 80
- Remote work
- 50
- Family
- 60
- Retirement
- 75
- Airport access
- 55
- Investment
- 70
- Luxury
- 85
- Value
- 65
About this place
This three-bedroom apartment is a part of the prestigious Palazzo Ricci Private Residence Club in Casoli, Italy, offering fractional ownership opportunities starting at €89,500. Located within an 18th-century palace, originally built in 1799 for the noble Ricci family, the apartment is set amidst the enchanting cobblestone streets of a historic medieval village and surrounded by rolling hills with olive groves and vineyards.
The Palazzo Ricci is currently undergoing a comprehensive renovation set to enhance its historical charm while providing five-star amenities. Upon completion in 2026, it will offer only 14 luxurious residences, ensuring an exclusive living experience. Owners will enjoy a minimum of 5.5 weeks of usage each year, as well as access to a global luxury exchange network, maximizing their travel opportunities without the burdens of conventional ownership.
This opportunity not only offers the beauty of the Italian countryside but also the potential for generational ownership and rental income possibilities during periods of non-use, making it a unique investment in a community-oriented environment.
Where you’ll be
Casoli, Abruzzo, Italy
Location is approximate — exact address is confirmed by the agent.
Open in Google MapsBuying property in Italy
Italy is open to most foreign buyers under reciprocity rules (EU/EEA buyers always; non-EU buyers from countries with bilateral agreements, which covers the UK, US, Canada, Australia and most major markets). A codice fiscale is required, and a notaio handles the conveyance as a neutral public official. An independent lawyer or geometra is strongly recommended for due diligence.
- 1
Get a codice fiscale
Italian tax code — apply at any Agenzia delle Entrate office or an Italian consulate abroad. Free and fast.
- 2
Make a proposta d'acquisto
Written purchase proposal with a small deposit (typically €1,000–€5,000). Binding on the buyer for an agreed period; becomes binding on both parties when the seller accepts.
- 3
Due diligence
Geometra or lawyer checks cadastral records, planning compliance (conformità urbanistica), title, and any debts or mortgages attached to the property.
- 4
Sign the compromesso (preliminare)
Preliminary contract with a deposit of 10–20% (caparra confirmatoria). If buyer withdraws they forfeit it; if seller withdraws they pay double.
- 5
Final searches by the notaio
Notaio runs title and mortgage searches at the Conservatoria dei Registri Immobiliari and prepares the final deed.
- 6
Sign the rogito (atto di compravendita)
Final deed signed at the notaio's office (or by power of attorney). Balance paid, taxes paid, keys handed over.
- 7
Registration
Notaio registers the deed with the tax authority and land registry within 30 days.
The prima casa (primary residence) tax rate of 2% requires you to declare residency in the same comune within 18 months of completion — failure means back-taxes plus penalties. The €1 home schemes in southern villages are real but come with strict renovation deadlines (typically 3 years) and security deposits. Non-resident mortgages from Italian banks are available but limited (typically 50–60% LTV).
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
