Palazzo Grottola 1629 — entire historic building in Bitonto

Property description

Palazzo Grottola 1629 is an entire historic building in the old centre of Bitonto, offering approximately 781 m² across several levels, frescoed interiors, stone construction and terraces. The opportunity concerns the whole building and requires comprehensive renovation and a heritage-sensitive restoration programme. The updated asking price is EUR 250,000, following a further reduction agreed with the owner, as reported to AURA by the property contact. Availability and transaction terms remain subject to confirmation. A preliminary hospitality concept considers four independent double rooms with private bathrooms on the ground floor and five apartments above: two on the first floor, two on the second and one on the third. Nine units and a theoretical maximum of 28 guests are a feasibility concept, not an approved or operating hospitality configuration. The lower level may support storage and services; a private gym would require specific feasibility checks. Layout, permitted uses, capacity, accessibility, fire safety and conservation of the frescoes must be assessed by qualified professionals and approved where required. AURA holds a preliminary investment dossier and floor plans, available on request. Restoration budgets and operating projections are working estimates requiring updated technical and commercial due diligence.