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Dragons Den millionaire invests in Italian property

Dec 3rd, 2008 | By | Category: Property of the Week

The man who became the first millionaire on the popular TV show Dragons Den with his clever electrical device is now investing in property.

Peter Moule, an entrepreneurial businessman whose £1 gadget for protecting electrical connectors is an international success, has spent €600,000 on a luxury property in Italy.

It was while travelling on business that he decided a second home overseas would be a perfect retreat from his hectic lifestyle. He wanted unspoilt countryside but within reach of the beach and snow capped mountains.

Now he and his wife Beverley have invested in an apartment in the 13th century village of Colletta di Castelbianco in Liguria which had been restored by award winning companies Colletta di Castelbianco Srl and Realitalia.

‘From the moment we viewed the property we knew that it was something special. We were stunned by the standard of the development, to such a degree, that we decided there and then to purchase,’ he said.

Peter became something of a celebrity when he appeared before millions of viewers on the highly successful television series Dragons Den. Not only did he secure backing from Duncan Bannatyne and James Caan, two of the dragons, for £150,000, he has subsequently become the biggest success story the programme has ever had.

His Chocbox is designed to protect electrical connectors and now following a multi million pound deal with GET, one of the world’s biggest electrical distributors, the device is expected to sell five million units per year worldwide.

‘I appreciate quality and dedication in everything. What Realitalia and Colletta Srl have created at Colletta is stunning and they should be proud of their achievements as much as I am delighted to own a home there. Together with my family we visit several times a year to unwind, relax and enjoy convivial evenings with like minded owners. It is truly a magical destination,’ added Peter.

If he wants to work from his new home he can. Once abandoned Colletta is now a beautifully restored 13th century hilltop village set midway between Genoa and Nice. It has fibre broadband connections to all units, satellite TV and telephone switch board, conference room with the latest teleconferencing and fax/e mail facilities plus audio/visual equipment including LCD screens/audio system and cinema room.

Article from http://www.propertywire.com

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