Cesenatico – Seafront Redevelopment Opportunity For 33 Residential Units

Located in Cesenatico, within the block bordered by Viale Giosuè Carducci, Viale Milano and Viale dei Mille, this substantial property offers a significant residential redevelopment opportunity.

The site extends over approximately 4,180 sqm and includes the former Bonomelli holiday colony together with two existing villas. The current development concept provides for the construction of four new residential buildings and the refurbishment of the two villas.

The proposed scheme includes:

28 apartments within the new residential buildings;
5 apartments within the refurbished villas;
a total of 33 residential units;
an underground garage of approximately 534 sqm;
up to 48 parking spaces;
landscaped areas, internal walkways and private outdoor spaces.

The project provides for a total developed surface of approximately 4,004 sqm, together with a comprehensive regeneration of the site and a substantial increase in permeable and landscaped areas.

The opportunity is intended for a well-capitalised investor, property developer or specialist residential operator seeking to create a high-quality residential or holiday-home product in one of the best-known seaside destinations on the Romagna Riviera.

Cesenatico and the surrounding area

Cesenatico is a historic Adriatic seaside town located in the heart of the Romagna Riviera, combining a well-established tourism market with a distinctive cultural and maritime identity.

Its most recognisable landmark is the Leonardesque Canal Harbour, redesigned by Leonardo da Vinci in 1502 and now forming the heart of the historic centre, with colourful houses, traditional boats, restaurants and shops. Cesenatico also offers wide serviced beaches, family-oriented facilities, quality hospitality, cycling routes, restaurants and a tourism economy extending beyond the traditional summer season.

The property’s location near the seafront and the town’s main amenities makes the scheme suitable both for the individual sale of the residential units and for investment strategies focused on second homes and tourism-oriented residential development.

Indicative financial framework
Asking price for the property: €4,000,000
Reported planning and infrastructure charges: €1,600,000
Design and other preliminary costs: €600,000

Indicative initial investment: €6,200,000, excluding demolition, construction, financing, marketing, taxation and contingencies.

Project and planning documentation is available to qualified operators, subject to verification of interest and, where required, execution of a confidentiality agreement.