Rif.121:

         " La Galatea"  Boutique Hotel consists in  about 10.ooo s.f. of covered surface as well as about 5.000 s. f. of terraces and court yards (open spaces).

             This property can be sold all together  for 
€ 2.709.000,00 ( 7 apartments ) or by single apartment.

          Hereafter follows the description of the single apartments as well as single prices.

Rif.123:

                Through the superb 1700 stone portal and crossing the romantic court yard, there is the nice lattice  iron gate of  " Il Ficus " a 1.700 s.f. apartment with 1.650 s.f. of terraces, composed as follows:

            The ground floor: living room with a magnificent  1500's fireplace and several " pietra leccese " stone architectural details, dining room, full kitchen and bathroom w/shower. All ceilings are with exposed double cross vaults and flooring are made of a beautiful traditional compound called " lastrico battuto ". The sofa is a sleeper for 2 people.

          The 1st floor is composed of 1 main queen size bedroom with full bathroom and 2 queen size bed bedrooms, with shower bathroom. The Flooring is made of  "pietra leccese " tiles  panel style,  all double cross vaulted ceilings. The last one of the 2 queen size bedrooms has its private entrance from the ground floor court yard. So, if needed, this room could be used as a separate studio apartment with private bathroom, kitchenette, murphy queen size bed and a pull down dining table. 

             " Il Ficus " has heating and air conditioning. Original doors and windows have been restored  or replaced with accurate reproductions when repair wasn't possible.  All rooms have nice wall closets with  gracious furnishing in decor with antiques, antique reproductions, rugs, etc.

Asked price is € 495.000,00

Through  a attractive original olive and pine wood decorated with iron nails 1800's portal we enter the  all stone paved and exposed original stone walls hall at the number 10 of  Vittorio Emanuele III street. At the left side is a fascinating door leading to the cozy club house. Straight ahead through a nice 1800 stone arch, on the left an antique stone well, we climb the " pietra leccese" staircase under  elegant vaults and to the 1st floor: 

Rif.124:

                On the right stands the  original main door of " La Lavanda", a 1300 s.f. apartment with 1120 s.f of terraces, composed as follows: Wide entrance comunicating on the right side to a delightful terrace for breakfast to the left through a large arch  to the living room , dining room and kitchen( the sofa is a sleeper for 2 people ),  straight away through another arch a U shaped hall with three antique doors: on the left the main bedroom with bathroom, on the front to the bathroom, on the right to the other main bedroom with bathroom and terrace as well as an exit to the breakfast terrace. This room has a gorgeous, not easy to find intricate rococo archway. 

                All ceilings have cross vaults and flooring are made of a beautiful traditional compound called " lastrico battuto ". " La Lavanda " has heating and air conditioning. Original doors and windows have been restored or replaced with accurate reproductions when repair wasn't possible.  All rooms have nice wall closets with  gracious furnishing in decor with antiques, antique reproductions, rugs, etc.

Asked price € 334.000,oo

Rif.125:

  On the left side is the main door of  " La Mimosa "a 1300 s.f. apartment with 600 s.f. of terraces, composed as follows: Entrance and, just in front of it, a roomy walk -in closet. On the right side an antique door leads to a wide kitchen, on the left, through a semi-circular arch, we enter a first living room and through another larger arch, into a 2nd living room and dinig-room which, is connected to the kitchen by sliding doors . 

                A cozy bathroom with shower completes this floor. 1st living room and kitchen ceilings are with cloister vaults, 2nd living room  and dining room ceilings are with barrel vault,  flooring are made of a beautiful traditional compound called " lastrico battuto "and pietra leccese tiles. Climbing a "pietra leccese " stone staircase we get onto the 2nd floor. Through an arch way we enter a hall leading to the 1st main bedroom equiped with walk-in closet, to the full bathroom and to the 2nd main bedroom equiped as well with walk-in closet. Both bedrooms exit to a beautiful view terrace.

       " La Mimosa " has heating and air conditioning. Original doors and windows have been restored or replaced with accurate reproductions when repair wasn't possible.  All rooms have nice wall closets with  gracious furnishing in decor with antiques, antique reproductions, rugs, etc.

Asked price  € 314.000,00

Rif.126:

          The impressing "La Galatea "club house -reception is composed by 2 nice rooms with  double entrance: from the court yard at the number 4 of v. Vittorio Emauele III and from the hall at number 10 of v. Vittorio Emanuele III. 

                There are  two more exits as well always toward v. Vittorio Emanuele III, beautiful cross  vaults, a remarkable stone exposed arch, the fascinating sight of some exposed original walls from 1500 's made of peables and dirt, dedicated bathroom, two "pietra leccese " stone original  fireplaces, doors original irons, wood work finishing, astonishing flooring and more architectural stone details,  a dedicated storage room, the beautiful all hard stone paved hall, with a bell shaped ancien water well and the all stone exposed walls with the important olive - pine tree  with original irons main door, complete the effect. 

The asked price is  € 360.000,00

Rif.127: 

               " La Ginestra "  is a ground floor apartment of about 800 sq.ft.of  covered surface with double entrance: at the n. 14 and 16 of Vittorio Emanuele III  street, with excellent access for disabled or those with mobility issues.  This apartment is composed as follows: Entrance - living room with sofa sleeper for 2 and just in front of it a walk -in closet, then, through an arch way, we enter a cozy dining room with a nice  fireplace and handy  kitchenette. The ground floor bathroom has disabled facilities. By another arch we enter a 2 beds bedroom perfect for the assistance to disabled people. 

               All ceilings have barrel vaults and flooring are made of a beautiful traditional compound called " lastrico battuto ".

" La Ginestra " has heating and air conditioning. Original doors and windows have been restored or replaced with accurate reproductions when repair wasn't possible.  All rooms have nice wall closets with  gracious furnishing in decor with antiques, antique reproductions, rugs, etc.

The asked price is  € 198.000,00

Rif.128:

   "Il Geranio"  is a two levels indipendent building of about 1.000 sq.ft. of  covered surface with about 250 sq. ft. of terrace. the etrance is on Vittorio Emanuele III.  This apartment is composed as follows: Entrance with walk-in closet, ancien stone staircase leading to the 1st floor composed as follows: living room with fireplace and sofa sleeper for 2, double bed bedroom, through an arch we enter the dining room with kitchen, and a full bathroom. By a second staircase we climb to the 2nd floor and enter a second double bed bedroom with  private bathroom or we can exit directly onto the cozy terrace.  

           "Il Geranio"    has   wooden beams ceilings  and beautiful traditional " Pietra Leccese " stone "flooring, heating and air conditioning. 

                Original doors and windows have been restored or replaced with accurate reproductions when repair wasn't possible.  All rooms have nice wall closets with  gracious furnishing in decor with antiques, antique reproductions, rugs, etc.

The asked price is  € 220.000,00

Rif.129:  

 "La Verbena " is a two levels self-contained apartment with  about 1.000 sq.ft. of covered surface and 300 sq. ft. of terrace. The entrance is on v. Corte Grande 

              This apartment is composed as follows: Entrance, on the right side and through an arch, we enter the living room with a nice ceramic fireplace, large walk-in closet, sofa sleeper for two and balcony. On the entrance left side and through another arch, we enter the dining room with a nice wall kitchen and balcony with a gorgeous 1500’s architectural loggia facing v. Corte Grande. Through a staircase we climb to the 2nd floor, where are 2 double bed bedrooms, one bathroom and 2 terraces with interesting 1500’s architectural details. 

"La Verbena " has  wooden beams ceilings  and flooring is made of a beautiful traditional compound called " lastrico battuto " and " Pietra Leccese " stone ".

All plant are brand new and complete of  heating and air conditioning.  

     Original doors and windows have been restored or replaced with accurate reproductions when repair wasn't possible.  All rooms have nice wall closets with  gracious furnishing in decor with antiques, antique reproductions, rugs, etc.

The asked price is  € 240.000,00

Rif.122:

 " Il Glicine " is a well restored  (1400 s.f. and 1.440 s.f. terraces ) apartment, a former bank office originally built as a private residence at the  beginning in the 17th Century. 

             The original 1600's beautiful cornice on via Rubichi  stands to remind where, by that time, the main entrance was . Later, on 19th Century, with a subsequent  construction, the main entrance was displaced onto Largo S. Angelo. 

             The property consists of a vaulted entrance with hard stone flooring at the ground floor .Through  a " pietra leccese" lovely arch,  at the left side there is a small wine cellar. At the right starts an elegant  stone staircase leading to the 1st floor, with splendid vaulted ceilings. On the 1st floor, an original wooden main door with iron clappers, leads to a nice living room with a gorgeous Louis XV marble fireplace, a Chesterfiel green leather sofa, and chairs, 2 bedrooms with bathroom ( Jacuzzi ) and walk-in closet, dining room with terrace and gazebo, kitchen.

  All doors and windows were recuperated, restored and re-installed, as well as all antique original hardware. Plant engineering is brand new including the boiler and the heating-air conditioning system, all magnificent 15 ft. high cross vaults ( one in the living room with a "pietra leccese architectural decoration) were completely restored, as well as  the splendid wood beams covering of some of the ceilings. 

          The " Pietra Leccese"  ( Lecce 's stone)  f looring was completely reconditioned. The windows have mosquito nets and  beautiful wrought iron grates. All balconies planters have a handy  automatic irrigation system.

        The kitchen is completely furnished and through an arch with  a sliding door is connected to  the dining room. From the dining room we can exit to the   level terrace which is surrounded by a gorgeous white lattice gazebo that is full of beautiful plants and flowers.  Bathrooms are completely furnished as well (one with a large shower, the 2nd with Jacuzzi-tub

       All terraces are served by  an automatic irrigation system. 

             Furnished graciously in decor with antiques, oriental rugs, and original oil paintings and drawings," Il Glicine"  reflects the integrity of the historical centre surroundings

6 minutes from Gallipoli,  6 km from the Ionian sea, 1 hour away from the Brindisi International Airport, 15 minutes drive from the city of Lecce ( called the Florence of the South ), to an 18 holes golf course, as well as to the Avetrana speedway, 45 minutes from S. Cesarea  spa  and 20 minutes away from Manduria where are the vineyards of excellent wines which have nothing to envy to the famous Montepulciano and Montalcino ones. Shortly, the Galatina airport (only ten minutes away on the high way Lecce- Gallipoli )  will be available for national flights and later International routes.  

 
Requested price Euro 415.000,00

Galatone Map
Hotel Complex - Albergo Diffuso Project

Red area: old town
Green area: car park
Red dots: Albergo Diffuso La Galatea Open
Black dots: Properties for restoration
Light blue dots: independently owned properties which will work with AD
Blue dot: Palazzo Belmonte Pignatelli
About us

Le Max World s.r.l. is a development company specializing in the restoration of period properties.
Currently we are based in Salento in Puglia, where we have numerous properties in the charming town of Galatone, not far from the magnificent cities of Lecce (15minutes by car) and Gallipoli. Only 6km from the Ionian sea, 45 minutes from Brindisi international airport, 15minutes from an 18 hole golf course, 20minutes from the Avetrana international high speed racing track  near Manduria which produces excellent red wines.

Galatone, with a rich production of olive oil and honey, has some fascinating examples of Baroque architecture in the historic centre.  It is an area full of antique “trullis”.  There are lots of underground oil mills and churches scattered around the old town. In the surrounding countryside there are some interesting old farmhouses.

Our Project : Albergo Diffuso

            We have just completed the  entire renovation of one of our properties: Palazzo Barocco Carata-De Ferrariis (1500-1800) to managed as an apart hotel complex-Albergo Diffuso together with other period properties within the historic centre.

            Our project consists of two phases. The first relating to the development of the old town of Galatone the second to the development of the surrounding area and the marine.  The first phase is committed  to developing the crumbling  antique properties scattered around the old town and turning them into four/five star holiday homes, managed by one central reception based in one of the properties.  In our case the reception is on the ground floor of the Carata de Ferrariis building with its 16th century courtyard, located where the original antique town centre was.

            We have plans to move the reception in the near future to the Palazzo Marchesale Belmonte Pignatelli (  the attached photographs show the restoration work in its earlier stages).   It is very near to the Carata-de-Ferrariis building.  The restoration work should be finished any day now.  The town council will make some areas available both inside and out of the Palazzo Marchesale for use by the project  making it an ideal place for conferences as well as musical or cultural events.   The reception in  Palazzo Carata-De Ferrariis in such cases would be used as bar/hall as well as the courtyard(1500).

            During the developmental phase of the historic centre the total guest capacity will be brought up to 300.  Next May the Church of Crociffisso (another beautiful example of Baroque art), which overlooks the Palazzo Marchesale will be turned over to us, completely restored.      

            Currently, with the Palazzo Carata-De Ferrariis and other historic residences we have a total guest capacity of 52 shared out between 8 separate apartments of different sizes, but all with the same characteristics, completely renovated and furnished with elegance and taste.  Our actual prices for overnight stay (as you can see on our website) are promotional as we are only functioning as self catering holiday apartments whilst awaiting “Albergo Diffuso” classification by  Lecce Council meanwhile we are associates of  the Italian Association of the Alberghi Diffusi  (A.D.I.)  and advertise on www.alberghidiffusi.it

Useful links www.albergodiffusolagalatea.com

We chose Galatone for our project because of the natural orography and morphology of the area and because of this in the near future we will be able to take our project further than a typical “albergo diffuso”.  Another plus point for this area is that the climate is wonderful.

The historic centre is circular (see attached map) just outside this area there is a large open space which is currently used for parking and the market.

The Town council will make another area available which will give us double the amount of space.  For the moment the original area will continue to house the market as well as cultural events.  It will also provide parking -  guests can leave the cars to explore the old town or go shopping on foot or by bike, these will be available at the car park, or they could take the shuttle bus to the beach which will also leave from there.

The old town already has banks, shops, bars, pharmacies and restaurants so the idea to transform it in to a reception area for tourists as well as a commercial centre came naturally.

Some shops, which are at present closed, could re-open to become part of the finishing touches for the completion of this project.  Shops to sell traditional,  handmade and/or local products as well as shops for Italy’s famous designer clothes industry.

Guests will be collected at the airport in Brindisi and will be taken to the parking area before being transferred to their accommodation by mini bus.

The Town council has already received financing to complete the  repaving of  the historic centre in traditional stone.  Work has already started on this.

As already mentioned the council will be appointing an international hotel management team to manage the accommodation and conference side of the albergo diffuso in the wonderful Palazzo Marchesale Belmonte Pignatelli.

The  newly renovated Villagio S.Rita is already ready in part (3km from the old town and 2.5kmm from the sea still in part under renovation) as well as the beautiful coastal area of Galatone, to set up a health farm with hydrotherapy, thalassotherapy, convalescence, spa, riding therapy and equestrian centre.

The second phase of the project which will deal with the surrounding area will also include the restoration of the Castello di Fulcignano and the area near it including the farmhouses and the ancient trullis ( Furnieddi or paghiare as they are known locally).

Purchase Proposal

Le Max World s.r.l. owners of the properties that make up Albergo Diffuso La Galatea, offer to interested investors the purchase of some of the apartments completed renovated and already on the national and international market for de luxe holiday homes.  They have a combined  annual income of 11% simultaneously guaranteed by Le Max World s.r.l. the revenue can be broken down thus.

5% comes from annual  recapitalization of high quality historical property (period 1500-1800)
completely restored and furnished.  While the other 6% is the annual rental income from the said properties.  Obviously, the revenue will increase as the project grows see Project Albergo Diffuso attached.  When the guest capacity reaches 300 and the complex is being run by an international  tour operator an income of between 8-9% is forecast.

Operational process:

1. Sale of property at the asking price including restoration, furnishings, connections gas, electricity etc. and anything else deemed necessary for the immediate rental of the property.
2. Use of the property by the purchaser for any period of the year for one month  except July August and September (unless prior agreement).  For the remaining months the property remains vacant to be rented by the management.
3. Payments can  be made in cash or by paying a 30% deposit and taking out a 20 year mortgage with the Banca Popolare Pugliese  or a bank of the purchasers choice.
4. The rental income  is guaranteed by Le Max World srl  (one of the sellers) in direct correspondence to the annual mortgage repayments and will be paid at the end of each year for three years from the date of purchase.
5. 60 days prior to the end of the third year the property owner will communicate to Le Max World by registered post ( lettera raccomandata), his decision.

A) if he wants to keep the property exclusively  for his own personal use removing it from the rental market.

B) if he wants to continue renting the property therefore making a new contract with the manager of the Albergo Diffuso, which in the mean time will have reached its capacity of 300 guests.