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Commercial/business - For Sale - East of Lucca & Pescia area - EUR 1950000

€1,950,000
AU$2,511,405
£1,568,190
US$2,480,595


Property Summary

Commercial for sale in East of Lucca & Pescia area

Tuscany Italy

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Bedrooms: 28

Bathrooms: 28

Heating:

Property Condition:

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Property Description




€1,950,000

Region: Tuscany

Agency fees included:

Modern hotel in the centre of Montecatini Terme, being sold fully furnised. This hotel has a round the year clientele and requires no works.

The hotel is being sold fully furnished, including crockery, cutlery, bed linen etc, making it a trun key operation.

On the ground floor there is:

Reception

Large dining room

Small lounge area

Covered double glazed terrace

Separate open-air terrace

There are 28 en-suite bedrooms, all with aircondiitoning, minibar, hairdryer, television and telephone. Many of the bedrooms have balconies and mountain views.

There is a detached house for owner/staff, with 5 bedrooms and 5 bathrooms.

All documentation is available for inspection by the potential buyer.

Please note that any utility services, heating systems or appliances have not been tested and no warranty can be given or implied as to their working order.



Additional costs



Luxury homes, as defined by Italian property law, do not qualify for the concessionary rate of tax (currently 3%) available to residents, or to those intending to establish residence within a year, buying their first house.



In these cases tax + registry charges on residential property will total 10% of the ‘valore catastale’. These are calculated by the notary according to a number of assessment criteria which often results in a figure considerably below the purchase price.



Agricultural land is currently subject to tax at 18% of its ‘valore catastale’.



Agency fees are normally 3% of the purchase price, + IVA (currently 20%)



If an architect or geometra is employed, charges are generally calculated on a time-related basis. It is advisable to obtain quotes for any major works or renovation projects.

Villatua recommends all prospective purchasers to seek advice on likely tax obligations, as individual circumstances may alter the amount significantly



Hotel in Tuscany: Hotel for sale in Tuscany

134

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The Seller Of This Italian Property Is:

Phone: +390583513722

Mobile: +393206652913

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