2 bedroom Villa for sale with panoramic view with Income Potential in Gambassi Terme, Tuscany
Located along the road between Volterra and Gambassi Terme, just 12km from the renowned town of San Gimignano, and in less than an hour from the international air port of Pisa.
The village is easily accessible via a track in excellent condition, just a mile from the public road. Set in green woodland and surrounded by ancient olive groves, with a panoramic view of the town of Volterra.
The idea of this Borgo is to transform the area into a hotel tourist residential complex and spa centre, ...
Located along the road between Volterra and Gambassi Terme, just 12km from the renowned town of San Gimignano, and in less than an hour from the international air port of Pisa.
The village is easily accessible via a track in excellent condition, just a mile from the public road. Set in green woodland and surrounded by ancient olive groves, with a panoramic view of the town of Volterra.
The idea of this Borgo is to transform the area into a hotel tourist residential complex and spa centre, aiming at the enhancement of environmental characteristics, historical values and the individuality of thermal waters in a total area of 60 Ha.
At present, 4 of the buildings have been restored for a total of about 15 apartments each with its own independent entrance.
Among the existing facilities there is a lovely infinity pool overlooking the town of Volterra, very beautiful and special with original stones and with a whirlpool area.
In the communal areas there are various walkways all well maintained, also included are exclusive parking spaces for each unit.
The unit for sale concerns a terratetto arranged on two floors, a ground and first floor with double independent entrance.
The total area is 100m2 gross .
A large living area with fireplace, a dining room , kitchen, bathroom and an internal oven with a hallway.
There is an internal staircase that allows access to the first floor consisting of a loft, a bedroom and a bathroom.
The unit is completed with every comfort such as wi-fi, and LPG heating
These properties can be rented ensuring excellent results, condominium expenses are around 3,500.00 EUR per year, where the company takes care of everything.
The village is nestled in the unspoiled countryside.
The nearest village with all services is Gambassi Terme.
Distances:
Florence: 69 km; Siena 62 km, Pisa 68 km, Lucca 69 km, Volterra 26 km, San Gimignano 13 km, Gambassi Terme 10 km and also the coast can be reached in about an hour and a half.
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This Villa is located in Gambassi Terme 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.