4 bedrooms country house, 285 m²

Ogliastro Cilento, Salerno (province)

Cilento

Shares in Villa Velius are currently available from €199,750 per 1/12th share via co-ownership through The Pinelli Group.

Co-ownership at a Glance

This beautiful three-story country house is currently being meticulously restored and is for sale under a fractional ownership arrangement. This model allows an easy way to access ultra-luxurious properties for less.

The Pinelli Group makes luxury high-end properties accessible through fractional ownership. This proven model is not timeshare. With fractional ownership, you will own part of the freehold property and equity and only pay proportionately for what you actually use, sharing the annual running costs with your fellow co-owners. This provides each shareholder with 4 annual weeks of exclusive use of the property. Owners can enjoy extended annual stays at the property by purchasing multiple shares. Furthermore, owners can choose their preferred weeks each year to provide flexibility of occupation for each and every shareholder.

Co-ownership, or fractional ownership, is ideal for people drawn to the idea of ​​owning a vacation home but who don't necessarily have the time to enjoy lengthy stays in the property throughout the year. The concept allows owners to enjoy all the upsides of owning a luxury property, with plenty of space to welcome extended family and friends, but without the multi-million-pound price tag.

Property Overview

The meticulous restoration of Villa Velius includes an entirely new roof with modern thermal insulation while retaining the character through the internally exposed chestnut beams. Inside the villa, expect newly installed electrics, plumbing, and brand-new double-glazed external doors and windows. New ensuite bathrooms complement all four double bedrooms. And the property also benefits from air conditioning and underfloor heating.

MOST IMPORTANTLY, a new 2022 specification 21kW solar power system will provide practically all the electricity supply.

The new kitchen comprises a spacious center island and breakfast bar, and the adjacent dining area leads to a balcony with views over the beautiful Amalfi coastline. Double doors lead from the kitchen to a large pergola ideal for al fresco dining and an expansive terraced area with a sunken lounge feature and a fire pit.

Complementing this stunning property on the exterior will be a heated swimming pool overlooking the mature gardens and land extensively populated with various fruit trees.

The Location

This beautiful property is situated close to Ogliastro Cilento, located on a hill just 4 km from the sea. The quaint town overlooking the sea was founded at the end of the early Middle Ages by the inhabitants of Agropoli, fleeing from the Saracens. Overlooking the Piana di Paestum, the Amalfi Coast, and the Gulf of Salerno, the village has many noble palaces and chapels. For example, the Palazzo De Falco dates back to the 15th century and houses an important library among its 35 rooms, containing manuscripts from the 15th century and a collection of relics and historical testimonies. 

The town's name comes from the Oleastrum, which refers to the Gold of Cilento, the local delectable olive oil. Enjoy this yellow-colored, intensely flavored delicacy served in all the local restaurants along the quaint cobbled streets and nearby Paestum, a few miles away. 

Villa Velius invites relaxation but is close enough to the local historical gems of Campania and the beautiful Cilento Coast, with its pretty seaside towns and coveted Blue Flag beaches.

​​​​​​Co-ownership will not suit everyone. We invite you to leave your details in the form for further information on our fractional ownership opportunities and to discuss whether this unique investment makes sense for you and your family.