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Country/farmhouse - For Sale - Coastal area - EUR 700000

€700,000
AU$901,530
£562,940
US$890,470


Property Summary

Farms for sale in Coastal area

Tuscany Italy

view
10 bedrooms 7 bathrooms

Bedrooms: 10

Bathrooms: 7

Heating:

Property Condition:

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Property Description




€700,000

Region: Tuscany

Agency fees included:

A unique opportunity: a Tuscan olive mill in need of total restoration, set in a delightful location near Camaiore.

The property consists of two buildings:

MAIN BUILDING

The main building is approx. 500 sqm. The construction is in stone and the walls are up to 60 cm thick.

Ground floor

Main olive-press room, still has some of the original millstones, wooden mechanism and press.

Two oil stores

Kitchen

Bedroom

Equipment room

First floor

Olive drying room

Hay loft

Office

SECOND BUILDING

Probably the older portion of the olive mill, was partially rebuilt about 50 years ago.

The roof forms a panoramic terrace with views of the stream, bridge and mountains. This part has recently been used as an open air discotheque.

Ground floor

Original oil vats are on the ground floor. An underground passage leading to the main building. The old stone walls and vaulted brick ceilings lend much charm to this 'secret passage'.

From the long passage there is an entrance to another room , again with a vaulted ceiling and which would make a wonderful wine cellar.

First floor

The first floor is approx. 60 sqm and could be converted to offer a dramatic one-bedroom apartment

Outside space

The property has approx. 2,000 sqm of land

Advantages

Loads of potential: the property could be developed into one large luxury villa, bed & breakfast or divided into apartments

Excellent location: close to Camaiore, the sea and Lucca

Weaknesses

The main building is attached to another property at the rear

Planning permissions will need to be obtained for all renovation works

Distances

Nearest shops within walking distance

Camaiore 1 km

Lido di Camaiore (beach) 10 km

Lucca 28 km

Pisa airport 42 km

Abetone (skiing) 86 km

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

Additional costs



1) Agency charges amount to a minimum of € 1,500, otherwise up to 3% of purchase price (see our SERVICES page for a full description of the assistance we provide)



2) Investigation of existing ownership and boundaries of a property, normally carried out by a geometra, generally costs from € 750 plus, as a rule, 1% of the purchase price



3) Notary fees are based on the declared value for tax purposes. There is no published tariff but experience points to about 3% on lower value properties, perhaps 2% on higher value



Please note that all professional fees are subject to IVA (Italian purchase tax) at 20%



4) Land registry + Government taxes:

a) 1st home, Italian resident: € 336 + 3% of declared value

b) 2nd home, or non-resident: 10% of declared value

c) agricultural land: 18% of declared value



Declared values are determined by the notary at the time of the ‘rogito’ (final contract). Villatua recommends all prospective purchasers to seek advice on likely tax obligations, as individual circumstances may alter the amount significantly

Buy property in Tuscany: Tuscan olive mill for sale

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