Building plot, 5000 m²

Formigine, Modena (province)

Exclusive Restoration & Development Opportunity Near Ferrari, Italy

A rare opportunity to acquire and redevelop a historic rural estate in the heart of Italy's renowned Motor Valley, just minutes from Ferrari's headquarters in Maranello.
Located in the Municipality of Formigine, Emilia-Romagna, this unique property comprises three buildings with a total covered area of approximately 1,200 sqm on a 5,000 sqm land plot. The project offers the potential to create seven luxury residential units, each with access to premium outdoor amenities, including private swimming pools.
The estate combines authentic Italian heritage, strategic location, and significant value-creation potential, making it suitable for private investors, developers, hospitality operators, or family offices seeking a distinctive project in one of Italy's most internationally recognized regions.

Property Overview
Location: Formigine (Modena Province), Emilia-Romagna, Italy

Distances
5 km from Maranello (Ferrari Headquarters and Ferrari Museum)
10 km from Modena
45 km from Bologna International Airport
Easy access to major highways and Northern Italy's business centers
Land Area
Approximately 5,000 sqm
Built Area
Approximately 1,200 sqm across three buildings
Current Status
Existing historic rural estate requiring complete renovation
Development Potential
Up to 7 luxury residential units
Swimming pool potential for each building
High-end residential, hospitality, or mixed-use concept

Heritage & Planning Features
The property consists of three existing structures:
Two buildings may be demolished and reconstructed, allowing design flexibility and modernization.
One historic building is protected under Italian cultural heritage regulations and must be preserved and restored, providing authenticity and architectural character that significantly enhance the project's market appeal.
This combination of preservation and redevelopment creates a unique opportunity to blend contemporary luxury with traditional Italian heritage.

Investment Highlights
Prime Motor Valley Location
Situated in one of Europe's most prestigious automotive and lifestyle destinations, the estate benefits from proximity to:
Ferrari
Lamborghini
Maserati
Pagani
Ducati
The area attracts affluent visitors, automotive enthusiasts, executives, and international investors year-round.
Strong International Appeal
Emilia-Romagna is globally recognized for:
Luxury automotive brands
UNESCO heritage cities
World-class gastronomy
Vineyards and countryside living
High-quality infrastructure
Significant Value Creation Potential

Estimated Project Economics:
ItemEstimated Amount
Acquisition PriceUSD 1.2 Million
Renovation & DevelopmentUSD 2.0 Million
Total InvestmentUSD 3.2 Million
A completed luxury development in this location may command substantially higher market values, subject to final design, approvals, market conditions, and positioning.