Aura Real Project · Bitonto, Puglia
Casa Torre Normanna
A 12th-century historic property transformed into three independent hospitality apartments in the historic centre of Bitonto, then brought to market and managed for short-term stays.
€120,000Capital investedAcquisition + renovation
3Independent apartments
11/12Total guest capacity
Real photos of the completed property
Casa Torre Normanna
Stabilised planning scenario
From historic property to income-producing asset
The property was organised into three independent units and monetised through short-term stays, direct bookings and professional hospitality management.
Average nightly rate€85
Occupancy assumption52.5%
Operating-cost assumption30%
Planning range
Using 45–60% occupancy, €80–€90 average nightly rate and 30% operating costs, the model produces an indicative net operating ROI of approximately 23–34% per year before tax, financing and extraordinary capital expenditure.
How the property is monetised
Value creation, not only rental income
The project combines restoration of a historic asset, subdivision into independently rentable units, professional presentation and ongoing management. Potential capital appreciation is not included in the ROI calculation below.
Three separately bookable apartments
Airbnb, Booking and direct reservations
Seasonal pricing and availability management
Remote check-in and guest communication
Cleaning, linen and maintenance coordination
Direct-booking website, Stripe and calendar synchronisation
Casa Torre Normanna
Visit Casa Torre Normanna website