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Isola delle Femmine, a wild pristine atoll near Palermo.

PHOTO BY CNN


Buy your own Italian island for $1.1 million

 

DUBAI – Ever dreamed of owning your own Italian private island?

Isola delle Femmine, a wild pristine atoll near Palermo with a 17th century crumbling stone tower, is up for sale with offers invited of more than €1million ($1.1 million).

According to CNN Travel, the island is being sold by an aristocratic family which, like many others in Italy, is struggling to afford the upkeep of estates they’ve owned for centuries.

The island was originally on sale at a much higher price, but with no takers it’s now been lowered to bargain rates.

“The price at first was €3.5 million but given nobody showed up we’ve now lowered it to a flexible range between €1 and €3 million, open to offers and negotiations,” real estate agent Riccardo Romolini told CNN Travel. “Anywhere close to €2 million we’d be very interested.”

“This fiefdom has always been a family jewel but there’s no sense in hanging onto something we no longer use,” Paola Pilo Bacci, a countess whose family has owned the island since the 1600s, told CNN Travel.

“A new owner could breathe new life into the isle and tower, which was majestic and deserves to be rebuilt,” Bacci said. GAD/Expat Media

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