MonteMare Homes:
Real Estate Development
in Italy
Investing in below-market-value properties in prime locations: seaside, lake & ski resorts, student housing
Renovating and upgrading properties into modern apartments
Marketing renovated and managed apartments to private buyers overseas
Our Projects on the Map
How It Works
Identifying distressed properties in Italy
Attractive destinations:
- sea/lake waterfront,
- iconic countryside views,
- ski resorts
- student housing destination
Possibility of title parceling to independent title deeds
Purchase price is below 50% of market price at least
At least 40 keys (units)
Property acquisition
Parceling to independent titles
Property recovering and upgrading into modern apartments
Property & revenue management setup
Apartments marketing to private purchasers overseas
Who We Are
Oleg Ulyansky
CEO & Co-Founder
MonteMare Homes
Serial entrepreneur from 1989.
In real estate from 1991.
CEO of IMAG Development: real estate projects in Austria, Spain, Bulgaria, Italy, Switzerland. Property marketing overseas.
Co-founder & Chairman of SeaRock Hotels company.
Marketing Director of hotel chains in Eastern & Central Europe.
Founder & CEO of Internet media start ups.
Marketing Director of Allianz CIS
Sales Director of numerous residential projects in Israel: Modi’in, Pisgat Zeev North, etc.
We are Working with
C and C | architettura ingegneria
The member of association specialized in renovation projects within the hospitality sector
From the 18th-century’s Palazzo Pemma Zambelli → to 4-star Hotel Aquarius (2015-23)
- Behind the façade of an old Venetian palace, you will find state-of-the-art facilities, targeted structural consolidation work and an anti-high tide pool. Not forgetting the lift.
Palazzo Ca’ Bonvicini (2018-22)
- The challenge was to transform a labyrinthine Venetian aristocratic residence dating from the 2nd half of the 16th century, into ten sleek, modern residences, blending accessibility with timeless elegance
“Support” for Ca’ Sagredo Hotel – Lorenzo Quinn‘s world-famous installation mounting (2017)
- C and C overcame several challenges during the installation of the year’s most photographed sculpture on the Grand Canal. Two giant hands, between 6 and 8 metres high, emerge from the waters of the Grand Canal to support the ancient palace of Ca’ Sagredo, were mounted on two platforms designed by C and C to support them at right angles.
“Giudecca Mare” residential complex (2003-7)
- 18 exquisite residences with sweeping terraces and private gardens, resurrected from a neglected Venice squero. A fitness haven featuring gym equipment, sauna, Jacuzzi, changing rooms, and baths completes this urban oasis.
Montasio Condominium retrofitting (2023)
- More seismic resistance, less energy consumption and a new look for a 1970s building to comply with the “110% Superbonus” requirements (the tax relief regulated by Legislative Decree no. 34/2020).
Fondamenta della Sensa Cannaregio 3294 30121 Venezia
Green Wood Hotel
Green Wood Hotel & Spa: acquisition, renovation and marketing of apartments
Bansko, Bulgaria, 2023 – 2024
Status: in process
Project Value: under NDA
Purchase scheme development
Development of a retail product: purchase of a resort apartment + guaranteed profitability, legal and marketing support for the product.
SeaRock Hotels management company establishment.
Renovation works. Marketing and sales.
Why Italy
Hundreds of below-market-value properrties for sale
Many assets in prime locations
Easy practice
of property parceling and conversion
Extensive experience in hotel renovations
Strong country brand
- 77% of hotels in Italy are independent, mostly multi-generational family-owned properties.
- Small & midsize 3-star resort hotels are breaking even due to growing operational costs.
- The old school owners are not ready for the tough competition with AirBnB.
- The heirs of the owners are not interested in continuing the family business.
- Most properties need renovations but have no funds.
- The COVID-19 hospitality crisis has bankrupted hundreds of hotels.
- Intl’ chains invest in 4+ stars properties, 100+ keys, at prime locations.
Residential Property Market in Italy
The real estate market in Italy is still recovering from the pandemic, but it has been closing the gap at a rate of 4.65% over the past year
according Immobilare.it – leading real estate portal in Italy
Holiday Property Market in Italy
Italy: big holiday homes market
In 2022, 7.3% of sales were made to holiday home buyers, with foreigners accounting for an increasing share, reaching 13.1%.
Holiday homes: number of rooms
Strong preference of 1-2 bedroom apts.
Italian Real Estate Distribution Abroad
- World Holiday Home Market, valued at USD 14.5 Billion in 2023, with a compound annual growth rate of 11.24% from 2024 to 2031.
- 25% of Europeans are actively considering purchasing a residential property abroad
Source: Global Holiday Home Market, 2024
Main foreign buyers of Italian property
US
Germany
UK
France
Poland
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