3 bedroom Farmhouse for sale with countryside view with Income Potential in Lajatico, Tuscany
Lajatico is a charming picturesque village among the rolling hills of Pisa province. It has become popular thanks to the Teatro del Silenzio, an open air amphitheatre, where, each year, the tenor Andrea Bocelli, holds his renowned concerts. The town also provides all necessary services such as bars, restaurants, bakery, butcher, post office, bank etc.
Just 45 minutes from Pisa international airport, as well as from the coast, 20 minutes from the amazing Etruscan town of Volterra, 30 minutes from Castelfalfi golf course, one hour from L...
Lajatico is a charming picturesque village among the rolling hills of Pisa province. It has become popular thanks to the Teatro del Silenzio, an open air amphitheatre, where, each year, the tenor Andrea Bocelli, holds his renowned concerts. The town also provides all necessary services such as bars, restaurants, bakery, butcher, post office, bank etc.
Just 45 minutes from Pisa international airport, as well as from the coast, 20 minutes from the amazing Etruscan town of Volterra, 30 minutes from Castelfalfi golf course, one hour from Lucca and one hour and half from the amazing city of Florence.
The house is easily accessible via a short piece unpaved road in perfect condition It comes with living space of 320m2 spread over two floors. One half of the building requires a complete renovation and one half needs works to be upgraded and personalised and it is composed of: a spacious room currently used as storage which can be converted into a big living room with bathroom (there are already the pipes and sewage), a wide open space kitchen/dining-room and open stairs leading to the first floor which comprises, a sitting-area, 3 bedrooms (one of the bedroom has air conditioning) box-room and bathroom.
The house boasts typical Tuscan style features such as exposed stone on the outdoor walls, beamed ceilings and terracotta floors.
The house is dated and needs works to be upgraded.
All utilities are connected with mains water, 3 Kwatt solar panels, pellet burning stove and LPG gas tank.
In the attic space there is a 1000 litre water tank as an extra source.
Outside the house boasts a charming wood burning oven.
The sale includes a huge 400m2 ruin on two levels which could be converted into a guest house.
There are 2.2 hectares of land with 50 olive trees, little vineyard and arable land. There is a water cistern collecting rain water from the roof. The 360 degree panoramic view is breathtaking.
This is a perfect solution not only as second home but also as permanent residence thanks to its private location but at the same time its closeness to facilities.
The estate has a great potential: it would be possible to combine the 2 halves of the farmhouse, and create a unique villa with living-area downstairs and sleeping area upstairs, as well as a B&B business or it is also possible to create 2 separate semi-detached houses which can provide spacious living for one family, or can be rented as well.
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This Farmhouse is located in Lajatico 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.