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Country/farmhouse - For Sale - Other areas Tuscany - EUR 560000
€560,000AU$721,224£450,352US$712,376
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Property Summary
Farms for sale in Other areas Tuscany
Tuscany Italy
Property Description
€560,000
Region: Tuscany
Agency fees included:
Unique property which is located close to the town of Cortona and needs to be completely renovated.
Church:
The church was built in 1000 AC and comprises of a residence and the unconsecrated medieval church with its original bell tower.
Residence:
The residence has four levels: basement, raised ground floor, first floor and attic
The property still has many original features.
Electricity is connected and the water is from a private well.
Outside space
This property has 6,290 sqm of land plus a further 48 hectares for rent.
Advantages
This is a very unique property with extensive land.
All facilities are within just one kilometre of the property.
Weaknesses
Needs total renovation which will take considerable resources to restore it to its original magnificence.
Distances
30 km Arezzo
74 km Siena
115 km Florence
196 km Pisa airport
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:
The Seller Of This Italian Property Is:
Phone: +390583513722
Mobile: +393206652913
Please mention ItalyHouseHunt.com if calling the seller.
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