CostieraPrivate Property Office
Sea-View Restoration Project, Praiano

Praiano · Renovation Opportunity

Sea-View Restoration Project

Executive summary

The opportunity

An unmodernised house with panoramic exposure between Positano and Amalfi, offering view quality normally priced far higher.

Investment thesis

  • Comparable views in Positano trade at a substantial premium per square metre.
  • Outdoor space can be re-terraced within the existing footprint.
  • Travellers priced out of Positano increasingly book Praiano.

Project cost

Acquisition price
€520,000
Purchase costs
€39,000
Renovation budget
€260,000
Furnishing / setup
€45,000
Total project cost
€864,000

Renovation timeline

Twelve to sixteen months, subject to landscape authorisation.

Scenarios

Three sets of assumptions.

Conservative

Projected ADR
€550
Projected occupancy
45%
Projected revenue
€90,300
Operating costs
€32,000
Projected NOI
€58,300
Gross yield
10.5%*
Net yield
6.7%*

Base

Projected ADR
€620
Projected occupancy
52%
Projected revenue
€117,700
Operating costs
€38,500
Projected NOI
€79,200
Gross yield
13.6%*
Net yield
9.2%*

Optimistic

Projected ADR
€700
Projected occupancy
60%
Projected revenue
€153,300
Operating costs
€46,000
Projected NOI
€107,300
Gross yield
17.7%*
Net yield
12.4%*

*Illustrative projections based on assumptions. Returns are not guaranteed and do not constitute financial advice.

Risks

  • Heritage and landscape authorisations govern the schedule.
  • Access and material logistics raise build cost on cliffside sites.
  • Projections assume a professionally managed letting operation.

Exit considerations

Restored sea-view houses in Praiano are scarce and typically attract private buyers rather than the open market.

Included in the memorandum

  • Photo gallery
  • Floorplan
  • Map
  • Cost breakdown
  • Scenario model
  • Timeline

Investment memorandum

Access the full investment case.

Costs, scenarios, timeline, risks and exit considerations in a single document.

Related opportunities

The market

Rising short-let demand from travellers priced out of Positano, with meaningfully lower acquisition costs.

Property in Praiano

Investment advisory

Discuss this opportunity.

We will walk you through the assumptions line by line, including the ones we are least confident about.

Property Concierge

Amalfi Coast · Sorrento · Capri · Ischia

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