Rutigliano, Puglia, Italy
Palazzo de Lumi
A fully restored historic palazzo dating to 1778, offering 10 apartments, an indoor pool, panoramic roof terrace and over €120,000 per annum in rental income.
10
Bedrooms
10
Bathrooms
780 sq m
Living Space
200 sq m
Roof Terrace
1778
Year Built
€750k–€1.25m
Presale Estimate
The Property
A Landmark Palazzo in the Heart of Puglia
Palazzo de Lumi is a rare opportunity to acquire an exceptional historic Italian palazzo dating from 1778, beautifully restored to combine authentic architectural heritage with modern luxury. Located in the heart of Rutigliano's medieval centre, it is one of the town's most prestigious buildings.
Extending across four floors, the property is currently arranged as 10 beautifully appointed apartments and studios, each offering fully equipped kitchens, living areas, and stylish interiors that effortlessly blend traditional Italian character with contemporary design. Original features — including frescoed ceilings, vaulted ceilings, stone detailing and elegant balconies — have been carefully preserved throughout.
At lower ground level, a dedicated wellness area includes an indoor swimming pool and sauna. At roof level, a spectacular terrace provides multiple spaces for dining, entertaining and relaxation, with views stretching towards the Adriatic coastline. A private lift serves all levels — a rare addition within a historic palazzo.
The property is currently generating in excess of €120,000 per annum in rental income, with potential to increase occupancy and rates further. Its flexible layout presents numerous alternative strategies, from luxury boutique hotel and serviced apartments to a landmark private residence.
Unconditional online auction. Signing of purchase contract by 4 December 2026 and closing by 31 December 2026 with Notary Giovanni Anedda, Rome, Italy.
Auction Details
Unconditional Online Auction
This is an unconditional sale — the winning bidder is legally committed to proceed. Please review all legal documents prior to bidding.
Key Features
What Makes This Property Exceptional
Heritage & Architecture
- Palazzo dating to 1778
- High frescoed and vaulted ceilings
- Original stone detailing and balconies
- Beautifully and sustainably restored
- Private lift serving all levels
Accommodation
- 10 apartments and studios across four floors
- Fully equipped kitchens and living areas
- Contemporary design with original character
- Second street-level access to Apartment 10
- Optional full furniture package available
Wellness & Entertaining
- Indoor swimming pool (35 sq m)
- Sauna (7.5 sq m)
- Panoramic roof terrace (200 sq m)
- Sea views from the roof terrace
- Potential for rooftop pool (subject to permissions)
Location & Investment
- Historic centre of Rutigliano
- 27 km to Bari International Airport
- 15 mins to Polignano a Mare beaches
- Over €120,000 per annum rental income
- Rentals website and listings available by negotiation
Gallery
Inside Palazzo de Lumi
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