In Naples, in the picturesque setting of Posillipo, we are delighted to offer to the market a property investment opportunity. For sale is a unique and unusual estate consisting of a complex of interconnected caves digged in the famous Neapolitan Yellow Tuff Stone and stretching for 50,000 square feet between the two elegant residential streets of via Posillipo and via Francesco Petrarca.

At just 300 feet from the sea and adjacent to the central piazza San Luigi, the caves are a unique investment opportunity in the heart of Naples.

The Caves can be used for a range of diversified investment purposes:

•     Rebuilding/Restructuring of the existing buildings up to a total of 7,500 ft2/ 95,000 ft3 for commercial use;

•     Indoor and/or outdoor car park, with a capacity of ~270 cars;

•     Boat haulage and storage, with capacity of more than 300 nautical vessels;

•     Commercial or Personal long/short-term storage spage.

•     Creation of buildings or structures for leisure time (disco, spa centre, gym).