Income Producing 6 bedroom Farm Estate for sale with countryside view in Montaione, Tuscany
The setting is really strategic as in a short time it is possible to reach the most attractive towns of Tuscany such as Siena, Florence, Lucca as well as the Coast, and in half an hour the picturesque villages of Volterra and San Gimignano.
The estate is situated at the end of a 800 metres unpaved road in perfect condition, and therefore boasts a complete intimacy and fantastic views over the surrounding countryside. <...
The setting is really strategic as in a short time it is possible to reach the most attractive towns of Tuscany such as Siena, Florence, Lucca as well as the Coast, and in half an hour the picturesque villages of Volterra and San Gimignano.
The estate is situated at the end of a 800 metres unpaved road in perfect condition, and therefore boasts a complete intimacy and fantastic views over the surrounding countryside.
The estate is composed of a main Casolare, a villa, a veranda, swimming pool and 11 ha of fully closed land. The main farmhouse has been entirely and finely renovated according a to the features of ancient Tuscan farmhouses, with original vintage furniture, terracotta floors, creaming tiles in the bathrooms, the built- in kitchens finely renovated, the tapestries combined with warm colours of rooms and vintage furniture, creating relaxing atmospheres to better enjoy the Tuscan lifestyle.
The estate, accessible through an automatic entrance gate and serviced by a wide parking area, is currently rented by huge families or groups of friends. The farmhouse is composed of 2 apartments, which develop for a total of 80m2 and 70m2, both on the second floor with living area on the ground floor and sleeping area on the first floor.
The farmhouse is composed of 2 kitchens, 2 living rooms, 2 bathrooms on the ground floor and 5 bedrooms and 4 bathrooms on the first floor. The apartments are equipped with satellite TV, safe and internet.
The building is provided with a secondary basement room and a green area with some games for children.
In the fully enclosed garden there is a beautiful infinity pool 6 x 12m with a Jacuzzi in the corner, shower area, terracotta paved area with sunbeds, sun chairs, umbrellas, little tables, chairs and living room corner. All this is placed on an amazing panoramic terrace. In the closeness of the main farmhouse there is a wide and beautiful 60m2 winter garden with a 15m2 storage and an authentic wood burning oven.
The veranda offers a fantastic living area where the guests can enjoy and taste the wine and olive oil which are produced in the farm while admiring panoramic views over the surrounding hills. In the closeness of the living room there is also a relaxing area with armchairs and hammocks.
The sale includes a two storey villa which is composed of a 85m2 basement which has been left unfinished with the possibility to create an apartment and a 70m2 flat on the ground floor which comprises a wide terrace, dining-room/kitchen, sitting area, bedroom and bathroom.
The estate is completed by 11 ha of land fully closed with olive trees under production, fruit trees (such as cherries, kiwis, apricots and apricots) and the vineyard.
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This Farmhouse is located in Montaione 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.