Sterling has faced difficult times since the Brexit referendum back in June 2016 – great news for those visiting the UK from overseas, but not so good for Britons looking to holiday or buy abroad. However, the pound surged notably off the back of the December 2019 election result, after such a long period of indecision. For those buying euros, things suddenly became much brighter, with sterling leaping to a 3.5-year high against the euro.
Should we look forward to a surge of savvy buyers snapping up properties in Europe in the near future? Dawn Cavanagh-Hobbs, founder of luxury Italian fractional ownership company Appassionata, believes that it will be the ideal time for Britons to buy abroad. “The long-term impact of Brexit-based uncertainty on the pound has been frustrating to watch. With the majority Conservative government finally moving things forward, we’re anticipating something of a surge in UK interest in European property when buyers are likely to be able to get far more for their money.”
For Dawn, that surge in interest ties in with the availability of Appassionata’s latest luxury holiday property. Just launched to the public and with three of its ten fractions already snapped up, Villa Veneto is a beautifully renovated Liberty Villa in the picturesque medieval town of Lapedona in Italy’s Le Marche region. The three-bedroom property includes three terraces (one with a rooftop spa), a stunning open plan living area with marble fireplace, a games room and an underground Cantina cave wine store.
British buyers looking to make the most of their money can purchase a 1/10 share in Villa Veneto for €142,000. This entitles them to five weeks’ exclusive use of the fully managed and maintained property per year. Villa Veneto is an historic and elegant 1930s Liberty Villa laid out over four floors, covering some 4,467sq ft. The property has breath-taking views and an underground Cantina cave that provides an atmospheric wine store for the villa’s owners.
Villa Veneto is situated in the small, medieval town of Lapedona, just a five-minute drive from the coast. Lapedona is home to cafés, bars, restaurants and one of Italy’s smartest pizza restaurants, Didicus. In the summer, its famous for its classical music festivals, while the neighbouring town of Moresco bakes the best bread in the region!
Packed with features
Villa Veneto is packed with features, from a marble fireplace and parquet flooring to original stone staircases and a hand-built kitchen with Okite work surface. The three double bedrooms include air conditioning and the villa has three full bathrooms, including an en-suite for the master bedroom. A smaller, fourth bedroom has been repurposed as a study and tasting room. There’s also a games room with pool/billiard table and a comfy snug/TV lounge.
The main, open plan living space flows beautifully between the kitchen and the marble fireplace of the lounge area, which serves as the focal point of the room. Two marble-topped, gold leaf console tables site either side of the fireplace, while a large, bespoke mirror hangs above it. Two sofas sit between a handmade square marble coffee table. This level of elegance and attention to detail is reflected throughout the villa, from its antique lamps and fabulous chandeliers to velvet liberty chairs, handmade tables and floaty silk curtains while on a practical note, Villa Veneto includes a laundry room with washer and dryer and a garage for owners’ storage.
Externally, the main terrace features a BBQ, sun loungers, a comfortable outdoor sofa and a dining table. An automatic blind provides shade when needed, while the smaller terrace, which overlooks the piazza, has a bistro table and chairs, with tubs of colourful plants. The spacious roof terrace, meanwhile, has a four-person spa and love seat and spectacular 360° views encompass the sea, mountains and surrounding countryside.
For further details, visit https://www.appassionata.com/.