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PPP Business Plan 09 03

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appraisal<br />

COMMON AREAS<br />

Common areas feature Sub 9, Sub 10 and Sub 11 respectively as a Management Office, the Private<br />

Entrance from p.za Capizucchi and the Theater; at the ground floor of the Palazzetto.<br />

The Office, Sub.9, consists of a single room with a recently restored fresco at the center of the<br />

ceiling, it has travertine floors and its walls are equipped with a sink, now dismantle. It will be necessary<br />

to install the heating and air conditioning system.<br />

The Private Theater, Sub.10, consists in a specious unit of three rooms and a bathroom. The floor<br />

of the ground floor is made of faux wood. The electrical, plumbing and heating systems have been<br />

recently renovated. Install a cutting-edge movie projector, a security system, refurbishment of the<br />

bathroom in the basement, and other adjustments.<br />

The Private Entrance. Sub.11, the entrance from Capizucchi square allows using it independently,<br />

becoming a private and securing entry for the guests. It needs to be equipped.<br />

CONCLUSION:<br />

Implementation of security and home automation systems for all premises, according to the latest<br />

technological standards. As well as the development of a sophisticated “landscape” and a botanical<br />

and architectural intervention at the garden of the first floor and the rooftop terrace.<br />

7 – ADDITIONAL REMARKS ON THE LOCATION OF THE REAL ESTATE PROPERTY<br />

The property in question is located in Rome, in the historic Rione Campitelli, the tenth district, between<br />

Via dei Fori Imperiali, Via di San Gregorio, Via dei Cerchi, Via San Teodoro and the stretch<br />

of streets and squares near the Theatre of Marcellus. The small size of the area and, above all, its<br />

richness in prominent archaeological sites and museums make it the least populous district of the<br />

City: with very few residential buildings and less than one thousand residents.<br />

The coat of arms of the District bears a black head of a dragon against a white background: it goes<br />

back to the medieval legend of an evil monster which in the fourth century was threatening to the<br />

Roman Forum until it was driven out through the intervention of Pope Sylvester I, also renowned,<br />

by tradition, to be an exorcist. There are conflicting opinions about the origin of the name of the<br />

district, ‘Campitelli’: some say it derives from Capitolium, the highest of the seven hills, on top of<br />

which stood the most important ancient Roman temple dedicated to the worship of the triad of<br />

Jupiter, Juno and Minerva. Another opinion attributes the etymology to the Latin name Campus<br />

Telluris (‘dirt field’), in consideration of the fact that the name ‘Campitelli’ is also found in other cities.<br />

Before the founding of Rome, until the ninth century BC, the area was only a marshy valley:<br />

only later, when some tribes settled on the surrounding hills, did the area begin to function as a<br />

meeting place for commercial purposes. Then, it became the throbbing heart of the public life of<br />

the ancient agglomeration.<br />

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