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Villa - For Sale - Hills around Lucca - EUR 5000000
€5,000,000AU$6,488,500£4,022,000US$6,329,500
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Property Summary
Villa for sale in Hills around Lucca
Tuscany Italy
Property Description
€5,000,000
Region: Tuscany
Agency fees included:
Traditional Lucchese villa, renovated to a very high standard and converted into 13 self-contained apartments, plus various cottages offering further accommodation
The property is being offered fully operational, with all the fittings and fixtures, as a turn-key rental operation.
The apartments, which are on three floors, have furnishings of a very good quality in classic Tuscan style; granite work surfaces in the kitchens; modern bathrooms; televisions with Sky boxes; cotto flooring and exposed beams throughout. The apartments vary in size, from one bed through to 4 bed apartments, each one unique in its design, yet the overall style and level of comfort is very similar.
The 'piano nobile' has a sitting/reception room of approximately 12 x 8 metres. On the floor below there is a dining room measuring approximately 19 x 7 m, which has a small kitchen and two toilets, at the far end.
Outbuildings:
There are various cottages that have been renovated and offer additional rental accommodation. In addition a de-consecrated chapel is currently used as the reception.
Outside space:
Attractive swimming pool, measuring approximately 10 x 4 m, with plenty of sunbathing area.
There is a tennis court on the terrace above the pool.
There is a separate car parking area, which is accessed by a separate electric gate, from the main villa.
The grounds of the villa have many attractive ornamental trees and shrubs and is well maintained.
Advantages:
This property has been operating successful for several years in the conference and wedding market, plus offering the apartments to the tourist market. Thus offering the potential purchaser a turn-key operation rather than needing several years to build up the business.
Weaknesses:
High overheads to maintain this property
Distances:
14 km Lucca
19 km Viareggio (beach)
30 km Bagni di Lucca (thermal spa)
35 km Pisa airport
68 km Abetone (skiing)
87 km Florence
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 property in Tuscany: Villa for sale near Lucca
The Seller Of This Italian Property Is:
Phone: +390583513722
Mobile: +393206652913
Please mention ItalyHouseHunt.com if calling the seller.
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Your IP address is: 38.107.179.210, 38.107.179.210
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