$2,184,140

PUGLIA - TARANTO - VIA REGINA MARGHERITA Majestic Historic Palace in the Heart of Borgo Umbertino with Sea View In the heart of Taranto's prestigious Borgo Umbertino, this imposing period building dominates the block between Via Pitagora, Via Margherita, and Via Roma. Its strategic location, just steps from the seafront and the city's main services, makes it a unique opportunity in the real estate landscape. Built between the late 19th and early 20th centuries, the building bears witness to the architectural elegance of the city's first expanding neighborhoods. Its structure unfolds with grandeur on five levels: a basement, a ground floor intended for activities and three majestic upper floors. With a total surface area of approximately 4,500 m2, the property stands out for its size and historical charm. Originally conceived for mixed use (half hotel and half residential), the building enjoys a suggestive sea view, which further increases its value and prestige. Currently registered as a collapsed unit (F2), the building offers extraordinary potential for enhancement. Subject to urban planning inspection, the property lends itself magnificently to redevelopment into a luxury residential property or to a prestigious conversion into a hotel, ideal for a charming boutique hotel, restoring its former splendor in the heart of Taranto. If you appreciate its value, features, and potential, please don't hesitate to contact us to schedule a viewing.