Description
In the heart of one of the most fascinating historical centers of Trentino, known for its tradition in velvet craftsmanship, Engel&Völkers offers for sale a building with great potential for enhancement. Located on via Torre, directly in front of the historic Municipal Boarding School – currently undergoing redevelopment – the building extends in depth, from the ground floor to the third floor, with large interior spaces, courtyards of various sizes, and apartments spread up to the attic loft. Thanks to its generous size, the property lends itself to various real estate development solutions: from the creation of a student residence to apartments of different types, intended for sale, rental, or the development of an accommodation facility, B&B or boutique hotel in a context with strong cultural and tourist appeal. The building also features a double vehicular access from via Torre, allowing for the creation of several internal parking spaces. A major plus of the property is the large internal terrace, from which one can enjoy a splendid panoramic view of the village of Ala and the entire surrounding valley. The strategic location ensures the convenience of main services: schools, kindergartens, supermarkets, gym, swimming pool, parking, and public transport connections are all within easy reach. An ideal asset for investors seeking a high-yield potential solution, with the possibility of accessing renovation bonuses or incentives for urban regeneration; a unique opportunity for those wishing to invest in a construction project in a context rich in history, tranquil yet well-served, away from the chaos of big cities.
The municipality of Ala is located south of the province of Trento. It is about 40 km from the capital, 15 km from Rovereto, 50 km from Verona, and 20 km from Lake Garda. In the sixteenth century, commerce developed significantly with the cultivation of mulberry and silkworms. This activity began during Venetian rule and a century later was integrated with the production of silk velvet for the European market. Thus began a notable period of wealth that lasted until the eighteenth century, still evident in the urban fabric created between the seventeenth and eighteenth centuries. Due to its geographical position, Ala is strategic for reaching various tourist destinations such as Torbole and Riva del Garda, Folgaria, the Brentonico Plateau, and Verona.