Character 2 bedroom Apartment for sale with panoramic view in Volterra, Tuscany
This little hamlet finds its origins back in the Middle Ages when it was probably a manor house or castle and it has been carefully and tastefully renovated and converted into 18 apartments, a boutique hotel restaurant, swimming pool and the chapel. Currently the restaurant and the hotel are not open , but the current investors/owners are trying to find possible interested buyers/managers.
The estate is accessible via a 2.5 km unpaved road, 22 km from the amazing San Gimignano, 74 km from the romantic Florence, 51 km from Siena, 103 km from Lucca m, ...
This little hamlet finds its origins back in the Middle Ages when it was probably a manor house or castle and it has been carefully and tastefully renovated and converted into 18 apartments, a boutique hotel restaurant, swimming pool and the chapel. Currently the restaurant and the hotel are not open , but the current investors/owners are trying to find possible interested buyers/managers.
The estate is accessible via a 2.5 km unpaved road, 22 km from the amazing San Gimignano, 74 km from the romantic Florence, 51 km from Siena, 103 km from Lucca m, 74 km from Pisa international airport and one hour drive from the coast.
Each apartment has a private garden, car-space and the use of the amazing infinity swimming pool with a breathtaking panoramic view over the Volterra countryside.
The renovation of the borgo was executed in 2008 to an extremely high quality, trying to maintain the original features and materials of the buildings such as the beautiful terracotta tiles, the exposed stones and brick on the outdoor walls, the impressive cross-vaulted ceilings as well as the beamed ceilings.
All windows boast double glass and they have chestnut frames, bathrooms are in hand-made ceramic tiles by the craftsman Francesco di Maio, the rooms are wide and bright.
12 apartments have been sold and they are used as holiday homes by the current owners.
The panoramic views and the unspoiled location make these apartments a perfect place to spend relaxing holidays or as investment to be rented out thanks to their central location between 2 of the most attractive towns of Tuscany (San Gimignano and Volterra)
This is a 85m2m first floor flat, accessible from its private garden.
The entrance is on the ground floor, a beautiful staircase leads to the first floor which comprises: a wide kitchen/dining and living room, storage room, corridor leading to the sleeping area with toilet, main bedroom, bathroom with bathtub and another bedroom with loft.
All rooms are a good size and they are characterised by beamed ceilings, terracotta floors and several windows.
All utilities are connected with mains water, mains electricity, pellet burning heating with stove and possibility to switch to LPG.
The sale includes a second piece of garden which is not attached to the flat, all fixed furniture (kitchen, bathrooms, the loft, the stove) the rest of the furniture and the amazing paintings can be discussed separately and privately with the owners.
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This Apartment is located in Volterra in Italy
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Buying Real Estate in Italy
1. Making the Offer to Purchase (Offerta)
Once you have found the property you wish to purchase you will start the process by making a formal offer to the vendor, the estate agent will act on your behalf and put forward the offer, a deposit will be made available, generally around (10,000 - 20,000 EUR). Once the vendor has accepted the offer it will be formalised in writing to the vendor in both English and Italian. If this is accepted the deposit (Caparra Confirmatoria) will be paid to the vendor. This will form a legally binding contract. Neither party may withdraw at this point, the sale can be forced by either party or a claim for damages can be made. If the purchaser withdraws their deposit will be lost, if the vendor withdraws the purchaser can claim twice the deposit in compensation.
2. Signing the Preliminary Contract (Compromesso or Contratto preliminare)
The next step will take place between 1 and 3 months after the offer has been accepted, this is a formal agreement between the vendor and purchaser to sell and buy the property, this agreement is the Preliminary Contract and will contain the conditions and terms of the sale. It is important at this stage that you have a full understanding of all the details contained in the contract. We would strongly recommend that you appoint a Notary who is fluent in English. This document will include the purchase price, a detailed description of the property including completion date and will cover any obligations placed upon the buyer and the vendor. All information relating to the property including any planning permissions for the property and the cadastral details (a public record, survey, or map of the value, extent, and ownership of land as a basis of taxation). Once the Preliminary Contract (Contratto preliminare) has been signed a further deposit (Caparra Confirmatoria) will be paid, this will generally be 10% - 20% of the purchase price. There will also be an estate agents Commission Fee (Provvigione) which will need to be paid at this point.
3. Signing the Final Deed of Sale (Rogito or Atto Notarile)
The purchaser must have a bank account in order to make the purchase on completion. The signing of the final deed of sale which will authorise the transfer of the property must be overseen by a Notary (Notaio). The buyer will select and hire the Notary, but they are members of an independent body of public/professionals who will draft the purchase deed, they will oversee the passing of the title legally from the vendor to the purchaser. The Notary will also verify the legality of the documentation and registration with the Conservatoria dei Registri Immobiliari and the Local Land Register.
4. Formalities to be observed after Completion
Foreign buyers should obtain a certified copy of the Purchase Deed (Rogito), which the Notary will have lodged with the authorities. Generally this will be available to collect around 2 – 3 weeks after completion. The Notary will also give you a form to complete for the the local authority (Questura) who will have been given formal notice of the purchase. Your Notary will help you to complete this form. You will need to contact the utilities companies to set up new contracts (power, water, telephone, gas etc.). If the property is a flat, the condominium manager (Amministratore del condominio) should be informed of change of ownership of the property.
IMPORTANT - Disclaimer : All information provided is believed to be current and provided free of charge. No liability can be accepted for the reliability of the information and statements made as this is obtained from 3rd parties. We always recommend you take legal advice from a fully qualified Lawyer or Notary before buying a property overseas.