4 bedroom Farmhouse for sale with panoramic view with Income Potential in Bettona, Umbria
Facing South-East, this detached farmhouse measures approximately 300m2.
On the ground floor is an apartment with independent entrance comprising of a spacious living area with masonry kitchen and hydropellet stove with access to the large outdoor area for paved/garden use.
There are two bedrooms, two bathrooms both with shower, hallway/study, relaxation room, storage rooms, and a staircase connecting to the first floor and large garage.
On the first floor is an apartment with an indep...
Facing South-East, this detached farmhouse measures approximately 300m2.
On the ground floor is an apartment with independent entrance comprising of a spacious living area with masonry kitchen and hydropellet stove with access to the large outdoor area for paved/garden use.
There are two bedrooms, two bathrooms both with shower, hallway/study, relaxation room, storage rooms, and a staircase connecting to the first floor and large garage.
On the first floor is an apartment with an independent entrance through a lovely portico and comprises of a large living room with fireplace and small mezzanine, habitable brick kitchen with hydropellet stove and access to the large terrace with panoramic views and the perimeter garden.
There is a double bedroom with en-suite bathroom with shower and
walk-in wardrobe, bathroom with shower, and lovely study from which there is access to the mezzanine floor where there is a double bedroom with bathroom with shower and lovely pocket terrace.
The property, in excellent condition, was completed in 2005, and is equipped with two independent LPG boilers, water softener, TV system, alarm system and video intercom. It has terracotta floors and wooden beams as in the Umbrian-Tuscan architectural tradition.
The outdoor space of about 700m2 includes a garden and paved area with a lovely patio to enjoy meals al fresco.
An excellent investment either as a main residence or as an income property.
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Location
Where is this property?
This Farmhouse is located in Bettona 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.