South Australia is a long way from Italy. But with modern technology, even the longest of distances can be conquered within seconds, helping individuals connect with family, friends and business partners in the blink of an eye.
In some cases, it can even help sell luxury real estate, as has been the case for Adelaide-based property agent Grant Giordano, who has turned to Skype and Zoom to sell a Renaissance palace in Italy without ever having set a foot in it.
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The head of luxury real estate firm Giordano and Partners, which specialises in high end property sales across South Australia, is selling Palazzo Torinelli in the small commune of Sizzano, renowned for its proximity to The Alps, Milan and producing excellent wines, most notably “Sizzano DOC”.
The property, which in its current form dates back to the early nineteenth century, has been listed with a price guide of $4m euros (or around $6.5m AUD) and includes eight bedrooms, three bathrooms, frescoed halls with coffered ceilings, period furniture and Botanic-like grounds — the perfect backdrop for weddings and other grand receptions.
Mr Giordano said the listing, which came with plenty of commercial appeal, had already struck a chord with luxury property buyers, including three investors from Adelaide.
“There’s a tremendous appetite for these (properties) and we’ve already sent three clients over to have a look,” he said.
“That may not sound like a lot but they were three clients from Adelaide.”
Mr Giordano said the estate, which encompasses an immense floorplan of over 1525sq m, had been held by the same family for three generations.
The current owner, an Australian dual citizen, is now selling as he plans to move all of his banking interests to Australia.
“A lot of the hard work to bring it into the 21st century whilst maintaining the character has already been done, so now it’s just a question of how you utilise all the rooms and all the land,” Mr Giordano said.
“The current owner hasn’t done much to the outside because there was debate as to whether or not to turn it into a wedding venue but ultimately declined…but that’s something that the next owners may want to explore.
“These types of properties also tend to come furnished and previous owners always tend to leave – what I tend to call – artefacts, so sort of historical furniture as there is a certain level of prestige in holding these types of houses in the township and there’s a real sense of legacy and custodianship that affects the way you hold the property.”
Mr Giordano, who has recruited international property firm Berkshire Hathaway to assist with site inspections, said the sale marked a shift in how property transactions were handled.
This, he said, included the utilisation of technology to conduct meetings, recruit partners and of course a growing number of international clients.
“We work with all different types of suppliers, all different types of advertisers, and all different types of professionals in many different industries and countries to facilitate transactions, the movement of money and people,” he said.
“To do that, we need to stay connected.”