Real estate firm sells property abroad

Frank Salt Real Estate and Homes of Quality have just launched Vepri, a new development offering the public the opportunity to purchase a holiday home or invest in property in Tuscany.

Two open days will be held at the Hilton Malta for the public tomorrow and on October 13, from 10 a.m. until 7.30 p.m.

Set in the heart of Tuscany, the agricultural hamlet of Vepri lies on the lush green hills of Chianti, within easy reach of Siena, Florence and Arezzo. Dotted with forests and cultivated hillsides, vineyards and olive groves, quaint farms and pastures of land, Vepri was originally a huge farm, parts of which were retained, and others have now been knocked down and reorganised into 33 apartments. The project is being developed and managed by a number of Maltese and Italian entities.

Vepri is just over an hour's flight away, with Air Malta and Ryanair offering daily low-cost flights to Rome and Pisa respectively. It then takes a two- to three-hour drive from the airport, to enter the secluded development. Vepri is about 20 kilometres away from Arezzo, 24 kilometres from Siena, 50 kilometres from Florence and 125 kilometres from Pisa.

Amenities that come with the apartments include a communal swimming pool, public gardens and pathways, a parking area and garages (optional). Ground floor apartments will also include a sizeable garden. Prices start from just above Lm70,000 (€165,000) for a one double-bedroomed apartment with a terrace and garden. The apartments, which are freehold, are being sold completely finished.

"Vepri is exciting for us because this is the first time we are selling property abroad. We've been really careful to choose our destination and we strongly believe in the project," Grahame Salt, director of Frank Salt Real Estate Limited, said.

"At the end of the day, it's Tuscany - you are near the wine regions, surrounded by centuries of history, and breathtaking landscapes, and a festivity of food and drink, wherever you go."