Impressive Tuscan farmhouse, near Siena, which has been converted into seven self contained apartments.
The property has been tastefully restored with typical Tuscan features and most of the furniture is included in the sale and therefore this offers a turn-key operation, for a sucessful rental business.
The property is set in a very sought after location, immersed in the marvellous Tuscan countryside, approx. 30 mins from Pienza, an hour from Siena, 20 mins from Montepulciano and 30 mins from Arezzo
The main building has has been converted into five self contained apartments and the two outbuildings, into a further two apartments.
Main building
Apartment A (ground floor)
Sitting room with fireplace
Two small kitchens
Three bedrooms
Two bathrooms
Apartment B (ground floor)
Sitting room
Kitchen
Bedroom
Bathroom
Apartment C (ground floor)
Sitting room with dining area
Kitchenette
Bedroom
Bathroom
Apartment D (1st floor)
Sitting room with fireplace
Kitchenette
Two bedrooms
Bathroom
Apartment E (1st floor)
Sitting room with fireplace
Kitchen
Storage room
Three bedrooms
Two bathrooms
Outbuilding 1
Kitchenette
Bedroom
Bathroom
Outbuilding 2
Sitting room with kitchenette
Bedroom
Bathroom
Outside space
The property has 2,2 hectares of parkland with ancient olive trees
Swimming pool ( 7 x 14 metres) with hydromassage
Advantages
Ideal turn-key investment proposition which has great potential for a good return from holiday rentals.
Weaknesses
Maintenance of the property will be expensive
Distances:
17 kms - Montepulciano
36 kms - Arezzo
47 kms - Siena
63 kms - Perugia airport
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.
Luxury villa for sale near Siena: Villa for sale near Siena
Estate agents/Immobiliers/Property Portals - strictly no canvassing. Emails are monitored.