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Olbia historic center: penthouse facing the port with terraces, bare ownershipSome addresses cannot be recreated. This is one of them: Via Garibaldi, in the heart of Olbia’s historic center, with the port, the quays and the large yachts that in summer tell the story of this city’s charm right in front of you. For sale, in bare ownership, a penthouse on the seventh floor with elevator, private land
Olbia historic center: penthouse facing the port with terraces, bare ownershipSome addresses cannot be recreated. This is one of them: Via Garibaldi, in the heart of Olbia’s historic center, with the port, the quays and the large yachts that in summer tell the story of this city’s charm right in front of you. For sale, in bare ownership, a penthouse on the seventh floor with elevator, private landing and terraces with views over the sea and the city. Let’s start with what matters most: the location. From the historic center everything is within walking distance, the port is a few steps away, city life flows beneath the windows and, from the height of the seventh floor, the view opens onto the sea and the rooftops. A position that is among the most sought-after on the Olbia market and that, by its nature, cannot be replicated. When a property combines historic center, port frontage and views, its value tends to hold over time, regardless of the seasons. The penthouse is a large apartment of about 261 commercial square meters, reached by an elevator that opens onto a private landing: an exclusive entrance that gives the home the privacy of a detached residence. You enter a spacious hall, which leads to the living room and the dining room, generous spaces designed for entertaining and for living with room to breathe. The sleeping area offers four bedrooms and three bathrooms, with a pantry that adds practicality. On the upper level, a livable attic extends the space further and can be used as a study, guest room or relaxation area. Completing it all, the terraces, with views over the sea and the city, where the sunset over the port becomes part of daily life. One element of great interest is the floor plan. The layout is harmonious and allows, subject to the necessary checks and permits, the possibility of dividing it into several units or converting it into guest accommodation, for a hospitality project in the heart of the historic center. It also lends itself to use as an office or prestigious professional studio, in a setting with a strong presence of businesses and foot traffic. A versatile property, able to adapt to different investment projects, from prestige residence to tourist accommodation, according to current regulations. This is where the form of the sale comes in. The property is offered in bare ownership, with usufruct in favor of the owner, who has lived in this home for a long time and knows every corner of it. It is a solution with concrete advantages: the price is considerably lower than that of full ownership, because enjoyment of the property is deferred in time. In exchange, the buyer becomes the owner of an asset of absolute quality, in a position that is unlikely to become available again, securing a real estate asset with a reduced initial investment. For those thinking long term, it is a smart way into an area where opportunities are rare. For those thinking about the family’s future, it is an estate planning opportunity, subject to a professional’s assessment. Why consider it now? Because penthouses in the historic center facing the port, with this size, terraces, elevator and private landing, can be counted on the fingers of one hand. Bare ownership makes it possible to access one on terms that full ownership would not allow. Contact us to receive complete information, review the documentation and arrange a meeting: we will explain clearly how bare ownership works, the numbers and the timing, and help you assess an extraordinary opportunity with peace of mind. Two choices: I rendered ”nuda propriet” as ”bare ownership” and ”usufrutto” as ”usufruct”, the standard terms in English-language property law, and kept ”penthouse” in the title for portal searches. As before, I left the owner’s age out of the text, but it will need to be disclosed clearly during negotiations.