Outstanding location, just a few minutes away from Perugia (provincial capital of the Umbria Region) and 90 minutes away from both Florence and Rome.The Property consists of a land plot of ca. 970,000 sq ft (90,000 sq m) situated in a centuries-old natural park in the Umbrian countryside, near Perugia. A residential building of 27,000 sq ft (2,500 sq m) (19 apartments) already completed with high quality finishing; 81 garages/parking spaces in addition to a wellness area of 6,350 sq ft (590 sq m) including a swimming pool and gym, are ready to be sold. Possibility to additionally develop another three existing buildings with a total buildable area of ca. 70,000 sq ft (6,500 sq m) with a wide range of development options already approved by local Urban Plan (Including Multifamily, Senior Living, Assisted Living, Student Housing, Hotels etc.). High Teens IRR expected and particularly compelling investment case for US Dollar Buyers given extremely favorable US$/Euro exchange rate and interest rate arbitrage opportunity (Local EU interest rates lower than US). Ticket size/asking price: Euro 12 million